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Apartments Under $1,200 in Waterloo, IA

1 - 30 of 125 Results
2
$990 - 1,090
Eastgate MHC, LLC
701 Eastgate Dr Waterloo, IA
2 - 3 BR | Available Now
Contact
House
Air Conditioning
In Unit Laundry
Storage
Dishwasher
6
$1,100
Whispering Meadows Condominiums
1867-1931 Pinehurst Ct Waterloo, IA
2 BR | Sep. 30, 2027
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
1
$750
2 Bedroom Townhouse In Waterloo, Ia!
422 Oaklawn Ave Waterloo, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$575
1308 W 4th
1308 W 4th St Waterloo, IA
1 BR | Jan. 1, 2026
Contact
1
$950
2 Bed 1 Bath Single Family Home - Includes Garage
310 Conger St Waterloo, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$795
Le Chateau
733 747 Russell Rd Waterloo, IA
2 BR | Available Now
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Surface Parking
Storage
Dishwasher
1
$795 - 850
1150 Home Park
1150 Home Park Blvd Waterloo, IA
2 BR | Available Now
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Air Conditioning
Surface Parking
Storage
Dishwasher
0
$775
2 Bedroom 1 Bathroom Townhouse For Rent!
1252 W Mullan Ave Waterloo, IA
2 BR | Available Now
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House
1
$775
791 Russell Rd
Waterloo, IA
2 BR | Available Now
Contact
1
$700
1838-1840 West 3rd
Waterloo, IA
2 BR | Available Now
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1
$975
Recently Update 2 Bed 1 Bath Home
1009 South St Waterloo, IA
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$650
130 Sherwood Ct
Waterloo, IA
1 BR | Available Now
Contact
1
$795
1637 Carriage Hill
1637 Carriage Hill Dr Waterloo, IA
2 BR | Available Now
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1
$650
805 W 4th St
Waterloo, IA
2 BR | Available Now
Contact
1
$695
1140 Flammang Dr
Waterloo, IA
1 BR | Available Now
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Cat Friendly
1
$795
1125 Dixon Dr
Waterloo, IA
2 BR | Available Now
Contact
1
$725
Pleasant St
605-611 Pleasant St Waterloo, IA
2 BR | Available Now
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1
$1,050
3 Bedroom House!!!!
427 Galloway Ct Waterloo, IA
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$795
1224 Oleson Rd
Waterloo, IA
2 BR | Available Now
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1
$795
1200 Meadow Ln
Waterloo, IA
2 BR | Available Now
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1
$1,000
527 Downing
527 Downing Ave Waterloo, IA
2 BR | Available Now
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1
$945
2-bed, 1-bath House For Rent!
710 Ansborough Ave Waterloo, IA
2 BR | Available Now
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House
1
$1,025
2-bed 1-bath House For Rent!
1113 Forest Ave Waterloo, IA
2 BR | Feb. 4, 2026
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$675
217 223 Parkview Blvd
Waterloo, IA
1 BR | Available Now
Contact
0
$675
209 Baltimore St
Waterloo, IA
1 BR | Available Now
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1
$695
723 - 723 1/2 South St
Waterloo, IA
1 BR | Available Now
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1
$675
215 Baltimore St
Waterloo, IA
1 BR | Available Now
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1
$870
3 Bedroom 1 Bathroom Single Family Home
707 Logan Ave Waterloo, IA
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$975
1127 W 7th
Waterloo, IA
3 BR | Available Now
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House
1
$750 - 795
505 Wellington St
Waterloo, IA
2 BR | Available Now
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1 - 30 of 125 Results
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  2. Waterloo
  3. Apartments Under $1,200
Frequently Asked Questions

How many apartments under $1,200 are available in Waterloo, IA on Rentable.co?

There are 125 apartments under $1,200 in Waterloo currently available for rent on Rentable.co.

How many studio apartments under $1,200 are available in Waterloo?

Rentable.co has 28 studio apartments under $1,200 available for rent in Waterloo.

How many one-bedroom apartments under $1,200 are available in Waterloo?

Rentable.co has 175 one-bedroom apartments under $1,200 available for rent in Waterloo.

How many two-bedroom apartments under $1,200 are available in Waterloo?

Rentable.co has 389 two-bedroom apartments under $1,200 available for rent in Waterloo.

Can I afford a apartment under $1,200 in Waterloo, IA?

To comfortably afford a apartment under $1,200 in Waterloo based on average rent prices, a household would need an annual income of $32,000.

Apartments Under $1,200 in Waterloo, IA: December Rental Information

Welcome to the December 2025 Waterloo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Waterloo rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Waterloo and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,200 in Waterloo. Whether you're a budget-conscious renter or simply looking for affordable housing options, our Apartment Report aims to provide a comprehensive overview of the rental market in Waterloo for apartments under $1,200.
0 2 5 7 10 <$600 $620 $660 $700 $740 $780 $820 $860 >$900
This month, the typical cost to rent a one-bedroom apartment in Waterloo stands at $680, with the majority falling between $550 and $900. Out of the 171 one-bedroom apartments currently on the market in Waterloo, 175 are priced below $1,200, accounting for 102% of the total available one-bedroom units in Waterloo.

Looking for Apartments Under $1,200 in Waterloo?

Available apartments under $1,200 679
Top amenities Storage, Refrigerator, Garbage Disposal, Range / Oven, Microwave
Pet friendly 54
Utilities included 12
1 Bedroom 38
2 Bedroom 79
3 Bedroom 32
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