Average Rent in Waterloo, IA

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Current Versus Historical Waterloo, IA Rents

Waterloo rentals average $0 for a 1-bedroom rental to $0 for a 2-bedroom rental. The median price of all currently available listings is $638, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $350 (-28.00%) year-over-year from $1,250 to $900. 1-bedroom rentals prices have decreased by $12 (-1.80%) year-over-year from $649 to $638. 2-bedroom rentals prices have increased by $59 (7.99%) year-over-year from $741 to $800. 3-bedroom rentals prices have increased by $237 (24.70%) year-over-year from $958 to $1,195. 4-bedroom rentals prices have decreased by $608 (-39.67%) year-over-year from $1,533 to $925. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 19.21% this month. 1-bedroom rents have gone up by 0.66% this month. 2-bedroom rents have gone up by 0.52% this month. 3-bedroom rents have gone up by 9.80% this month. 4-bedroom rents have gone down by 4.72% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in Waterloo, IA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Waterloo

There are a total of 1 cities nearby Waterloo. The average rent in Waterloo is currently $1,350 per month. Our records show that Cedar Falls, IA, with an average rent of $1,350, is the most affordable city nearby. In contrast, the most expensive city near Waterloo, IA is Cedar Falls, IA. Monthly rents here are on average $1,350 per month.

Let's compare Waterloo, IA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Waterloo, IA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Waterloo, IA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Waterloo, IA in the following chart.
City Studio 1 Bed 2 Bed All
Cedar Falls, IA $750 $800 $1,450 $1,350

Top Neighborhoods Near Waterloo



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Waterloo



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Waterloo

There is one zipcode in or near Waterloo, IA. The average rent for this zipcode is $1,375.

The following chart includes the zipcode in or near Waterloo, IA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
50613, Cedar Falls, IA $750 $800 $1,450 $1,375

Frequently Asked Questions - Waterloo Average Rents

What is the average rent price in Waterloo, IA?
The average monthly rental price for Waterloo, IA apartments for rent is approximately $638. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Waterloo, IA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Waterloo, IA.
How much is a studio apartment in Waterloo, IA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Waterloo.
How much is a one bedroom apartment in Waterloo, IA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Waterloo.
How much is a two bedroom apartment in Waterloo, IA?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Waterloo.
How have rent prices in Waterloo, IA changed this year?
Rent prices for rentals in Waterloo, IA can fluctuate yearly. Specifically, studio rental prices have changed by -0.28%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.25% year-over-year.
What is a reasonable rent price in Waterloo, IA?
A reasonable rent price in Waterloo, IA is around $510/month. You can search for these reasonably priced rental listings on RentHop.
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