
Cheap Studio Apartments for Rent in the Downtown Waterloo Neighborhood of Waterloo, IA from $695 (3 Rentals)

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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220-224-224 E 4th St
Downtown Waterloo, Waterloo, IA Local Guide

How much does it cost to rent an apartment in Downtown Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Downtown Waterloo Studio Apartments | $1,201 | $695 | $1,450 |
| Downtown Waterloo 1 Bedroom Apartments | $1,170 | $585 | $1,800 |
| Downtown Waterloo 2 Bedroom Apartments | $1,273 | $625 | $2,500 |
| Downtown Waterloo 3 Bedroom Apartments | $1,010 | $875 | $1,145 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Waterloo Neighborhood of Waterloo, IA.
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Frequently Asked Questions about Cheap Downtown Waterloo Apartments
What is a cheap apartment in Downtown Waterloo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Waterloo is under $1,600.
What is the price of a cheap apartment in Downtown Waterloo?
The cheapest apartment in Downtown Waterloo is Russell Lamson which is listed at $695, while the average apartment in Downtown Waterloo costs $1,210.
What types of apartments are the cheapest in Downtown Waterloo?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Downtown Waterloo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.