Waterloo, IL rental market
What is the average rent in Waterloo, IL?
Last updated July 4, 2026
Rental market summary
The average rent for all bedrooms and all property types in Waterloo, IL is $950.
Average rent
$950
Month-over-month change
-$400
Year-over-year change
+$50
Available rentals
4
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $895 to $2,800.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 1 |
| $1,000 | 1 |
| $1,100 | 1 |
| $2,700 | 1 |
| $2,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $50 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,200 | $1,050 |
| Feb | $1,406 | $1,095 |
| Mar | $895 | $1,300 |
| Apr | $900 | $950 |
| May | $900 | $1,825 |
| Jun | $1,700 | $1,350 |
| Jul | $900 | $1,100 |
| Aug | $895 | No data |
| Sep | $1,250 | No data |
| Oct | $775 | No data |
| Nov | $900 | No data |
| Dec | $900 | No data |
Market temperature
The Waterloo, IL rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Waterloo, IL is 53% lower than the national average.
$950
$2,016
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Frequently asked questions
1. What is the average rent in Waterloo, IL?
2. What is the average rent for a two-bedroom apartment in Waterloo, IL?
3. What is the average rent for a three-bedroom apartment in Waterloo, IL?
4. How much does it cost to rent a house in Waterloo, IL?
5. How has the rent in Waterloo, IL changed in the last year?
6. How much has the rent in Waterloo, IL increased/decreased in the last month?
7. How many available rentals are there in Waterloo, IL?
8. How do rent prices in Waterloo, IL compare with the national average?
