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Apartments Under $500 in Waterloo, IA

1 - 1 of 1 Result
1
$500
105-111 Elmwood St.
105-111 Elmwood Waterloo, IA
1 BR | Jun. 1, 2026
Contact
1 - 1 of 1 Results

All Apartments in Waterloo, IA

30 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
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1
$1,295
250 West Hills
250 W Hills Ln Waterloo, IA
2 BR | Aug. 3, 2026
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Dog Friendly
Cat Friendly
Storage
1
$800
1 Bedroom Single Family Home
1436 Ansborough Ave Waterloo, IA
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$795
St. Francis Drive Apartments
2539 St Francis Dr Waterloo, IA
2 BR | Jun. 10, 2026
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Air Conditioning
Surface Parking
Storage
Disability Access
1
$850
3729 W 9th St
Waterloo, IA
2 BR | May. 18, 2026
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Storage
1
$1,295
230 West Hills
230 W Hills Ln Waterloo, IA
2 BR | Aug. 1, 2026
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Dog Friendly
Cat Friendly
Storage
1
$850
Le Chateau
733 747 Russell Rd Waterloo, IA
2 BR | Jun. 17, 2026
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Surface Parking
Storage
1
$1,050
111 French
Waterloo, IA
3 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
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House
Balcony/Deck/Patio
1
$625
125 Sherwood Ct
Waterloo, IA
1 BR | Available Now
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Cat Friendly
1
$695 - 725
Mullan Townhomes
Waterloo, IA
2 BR | Available Now
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1
$650
626 W 2nd- Unit 2
Waterloo, IA
1 BR | Available Now
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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
$895
Coming Soon!
2304 Lafayette St Waterloo, IA
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$725
248 254 Parkview Blvd
Waterloo, IA
2 BR | Available Now
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1
$675
902 Mullberry St
Waterloo, IA
1 BR | Available Now
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1
$725
200 206 Parkview Blvd
Waterloo, IA
2 BR | Available Now
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1
$815
1125 Dixon Dr
Waterloo, IA
2 BR | Available Now
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1
$825
3759 W 9th St
Waterloo, IA
2 BR | Available Now
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1
$1,500
E 3rd St
301-311 E 3rd St Waterloo, IA
2 BR | Jun. 10, 2026
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1
$795
1047 Langley Rd
Waterloo, IA
2 BR | Jun. 1, 2026
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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
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1
$825
1211 Langley Rd
Waterloo, IA
2 BR | May. 18, 2026
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1
$750
1154 Langley Rd
Waterloo, IA
2 BR | Available Now
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1
$695
130 Sherwood Ct
Waterloo, IA
1 BR | Available Now
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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
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  2. Waterloo
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Waterloo, IA on Rentable.co?

There is 1 apartment under $500 in Waterloo currently available for rent on Rentable.co.

How many one-bedroom apartments under $500 are available in Waterloo?

Rentable.co has 4 one-bedroom apartments under $500 available for rent in Waterloo.

How many two-bedroom apartments under $500 are available in Waterloo?

Rentable.co has 9 two-bedroom apartments under $500 available for rent in Waterloo.

Can I afford a apartment under $500 in Waterloo, IA?

To comfortably afford a apartment under $500 in Waterloo based on average rent prices, a household would need an annual income of $20,000.

Apartments Under $500 in Waterloo, IA: May Rental Information

Welcome to the May 2026 Waterloo Apartment Report. In this assessment of the local rental market, Rentable provides a comprehensive overview of apartments available for under $500 in Waterloo, IA. Our data analysts and rental experts have analyzed key findings and figures in order to provide you with valuable insights into the rental landscape of Waterloo.

Our report examines inventory trends for apartments in the price range of under $500, including market rent-distribution, availability by bedroom count, and month-over-month comparisons. We also provide information on the features and amenities available in these apartments, as well as the various location options within Waterloo. Whether you are a student, young professional, or someone looking for budget-friendly housing options, our report will assist you in finding the right apartment under $500 in Waterloo, IA.
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, 4 are priced below $500, accounting for 2% of the total available one-bedroom units in Waterloo.

Looking for Apartments Under $500 in Waterloo?

Available apartments under $500 9
Top amenities Dishwasher, Refrigerator, Range / Oven
2 Bedroom 2
Square footage 840 - 940
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