Waterloo, IA rental market

What is the average rent in Waterloo, IA?

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Last updated July 2, 2026

Rental market summary

The average rent for all bedrooms and all property types in Waterloo, IA is $825.

Average rent

$825

Month-over-month change

$0

Year-over-year change

-$50

Available rentals

228

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $400 to $2,195.

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Rent frequencies
Rent priceNumber of rental properties
$03
$50023
$60046
$70041
$80058
$90025
$1,00015
$1,10018
$1,20013
$1,3007
$1,4008
$1,50012
$1,6004
$1,7002
$1,8007
$1,9008
$2,0002
$2,100+1

Average rent price over time

In the last year, rent has decreased by $50 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$850$798
Feb$802$800
Mar$850$842
Apr$865$850
May$850$815
Jun$825$825
Jul$850$825
Aug$850No data
Sep$850No data
Oct$835No data
Nov$825No data
Dec$825No data

Market temperature

The Waterloo, IA rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Waterloo, IA is 59% lower than the national average.

Waterloo, IAvs.

$825

$2,008

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Frequently asked questions

1. What is the average rent in Waterloo, IA?

The average rent in Waterloo, IA is $825.

2. What is the average rent for a studio apartment in Waterloo, IA?

The average rent for a studio apartment in Waterloo, IA is $600 per month.

3. What is the average rent for a one-bedroom apartment in Waterloo, IA?

The average rent for a one-bedroom apartment in Waterloo, IA is $650 per month.

4. What is the average rent for a two-bedroom apartment in Waterloo, IA?

The average rent for a two-bedroom apartment in Waterloo, IA is $850 per month.

5. What is the average rent for a three-bedroom apartment in Waterloo, IA?

The average rent for a three-bedroom apartment in Waterloo, IA is $1,103 per month.

6. What is the average rent for a four-bedroom apartment in Waterloo, IA?

The average rent for a four-bedroom apartment in Waterloo, IA is $1,350 per month.

7. How much does it cost to rent a house in Waterloo, IA?

Houses in Waterloo, IA rent between $400 - $2,195 with an average rent of $825.

8. How has the rent in Waterloo, IA changed in the last year?

In the last year, the rent in Waterloo, IA decreased by $50

9. How much has the rent in Waterloo, IA increased/decreased in the last month?

In the last month, the rent in Waterloo, IA did not change.

10. How many available rentals are there in Waterloo, IA?

There are currently 228 rentals available in Waterloo, IA.

11. How do rent prices in Waterloo, IA compare with the national average?

The average rent in Waterloo, IA is $825 — 58.91% lower the national average of $2,008.

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