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Apartments Under $1,200 in Waterloo, IA

1 - 30 of 113 Results
2
$990 - 1,190
Eastgate MHC, LLC
701 Eastgate Dr Waterloo, IA
2 - 3 BR | Available Now
Contact
House
Air Conditioning
In Unit Laundry
Storage
Dishwasher
6
$1,200
Whispering Meadows Condominiums
1867-1931 Pinehurst Ct Waterloo, IA
2 BR | Sep. 10, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
1
$775
Meadow Ridge
765 Russell Rd Waterloo, IA
2 BR | Available Now
Contact
1
$795
St. Francis Drive Apartments
2539 St Francis Dr Waterloo, IA
2 BR | Jun. 10, 2026
Contact
Air Conditioning
Surface Parking
Storage
Disability Access
1
$800
1 Bedroom Single Family Home
1436 Ansborough Ave Waterloo, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$850
3729 W 9th St
Waterloo, IA
2 BR | May. 18, 2026
Contact
Storage
1
$850
Le Chateau
733 747 Russell Rd Waterloo, IA
2 BR | Jun. 17, 2026
Contact
Surface Parking
Storage
1
$1,050
111 French
Waterloo, IA
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$825
1211 Langley Rd
Waterloo, IA
2 BR | May. 18, 2026
Contact
1
$750
1154 Langley Rd
Waterloo, IA
2 BR | Available Now
Contact
1
$695
130 Sherwood Ct
Waterloo, IA
1 BR | Available Now
Contact
1
$695 - 725
Mullan Townhomes
Waterloo, IA
2 BR | Available Now
Contact
1
$625
125 Sherwood Ct
Waterloo, IA
1 BR | Available Now
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Cat Friendly
1
$650
626 W 2nd- Unit 2
Waterloo, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$635
706 South St
Waterloo, IA
2 BR | Available Now
Contact
1
$740
505 Wellington St
Waterloo, IA
2 BR | Jul. 1, 2026
Contact
1
$725
200 206 Parkview Blvd
Waterloo, IA
2 BR | Available Now
Contact
1
$895
Coming Soon!
2304 Lafayette St Waterloo, IA
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$900
3 Bedroom 1 Bathroom House
732 Denver St Waterloo, IA
2 BR | May. 31, 2026
Contact
House
Balcony/Deck/Patio
1
$725
W 7th St
1113-1121 W 7th St Waterloo, IA
1 BR | Jul. 10, 2026
Contact
1
$850
2 Bedroom 1 Bath Duplex
137 Western Ave Waterloo, IA
2 BR | Available Now
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House
1
$795
1132 Tiffany Pl
Waterloo, IA
2 BR | Available Now
Contact
Dishwasher
1
$775
Southpoint Apartments
308-340 Glencoe Ave Waterloo, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$795
1225 Langley Rd
Waterloo, IA
2 BR | Available Now
Contact
Cat Friendly
Dishwasher
1
$815
1125 Dixon Dr
Waterloo, IA
2 BR | Available Now
Contact
1
$825
3759 W 9th St
Waterloo, IA
2 BR | Available Now
Contact
1
$795
1047 Langley Rd
Waterloo, IA
2 BR | Jun. 1, 2026
Contact
1
$745
1140 Flammang Dr
Waterloo, IA
1 BR | May. 20, 2026
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Cat Friendly
1
$700 - 835
1133 Dixon Dr
Waterloo, IA
1 - 2 BR | Available Now
Contact
0
$825
2 Bedroom Townhome With Walk Out Basement For Rent In Waterloo!
1272 W Mullan Ave Waterloo, IA
2 BR | Available Now
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House
1 - 30 of 113 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 113 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 16 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 171 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 399 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 $33,000.

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

Welcome to the May 2026 Waterloo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 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 <$500 $520 $560 $600 $640 $680 $720 $760 >$800
This month, the typical cost to rent a one-bedroom apartment in Waterloo stands at $690, with the majority falling between $530 and $850. Out of the 170 one-bedroom apartments currently on the market in Waterloo, 171 are priced below $1,200, accounting for 101% of the total available one-bedroom units in Waterloo.

Looking for Apartments Under $1,200 in Waterloo?

Available apartments under $1,200 623
Top amenities Storage, Dishwasher, Refrigerator, Range / Oven, Microwave
Pet friendly 64
Utilities included 11
1 Bedroom 31
2 Bedroom 76
3 Bedroom 26
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