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Apartments Under $500 in Waterloo, IA

1 - 1 of 1 Result
1
$500
1308 W 4th
1308 W 4th St Waterloo, IA
1 BR | Sep. 1, 2026
Contact
1 - 1 of 1 Results

All Apartments in Waterloo, IA

30 Results
2
$950 - 1,090
Eastgate MHC, LLC
701 Eastgate Dr Waterloo, IA
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. 16, 2026
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Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
1
$825
St. Francis Drive Apartments
2539 St Francis Dr Waterloo, IA
2 BR | Aug. 17, 2026
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Air Conditioning
Surface Parking
Storage
Disability Access
Dishwasher
1
$1,295
230 West Hills
230 W Hills Ln Waterloo, IA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
0
$850
3729 W 9th St
Waterloo, IA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
1
$995
3 Bedroom 1 Bath Home
308 Birdland Dr Waterloo, IA
3 BR | Sep. 15, 2026
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Dog Friendly
Cat Friendly
House
Storage
1
$850
Le Chateau
733 747 Russell Rd Waterloo, IA
2 BR | Aug. 21, 2026
Contact
Surface Parking
Storage
1
$1,100
Woodline Condos
2557 W 3rd St Waterloo, IA
2 BR | Available Now
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Surface Parking
Storage
1
$725
2 Bedroom 1 Bath Duplex
137 Western Ave Waterloo, IA
2 BR | Available Now
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House
1
$585
76 Mulberry St
Waterloo, IA
1 BR | Aug. 17, 2026
Contact
1
$1,050
Urban Lofts
302 Commercial St Waterloo, IA
1 BR | Available Now
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Dishwasher
1
$675
791 Russell Rd
Waterloo, IA
1 BR | Available Now
Contact
1
$650
Mullan Townhomes
Waterloo, IA
2 BR | Available Now
Contact
1
$895
1539 1541 Bertch Ave
Waterloo, IA
2 BR | Sep. 1, 2026
Contact
1
$1,050
3 Bedroom 1 2 Bathroom House For Rent
915 Forest Ave Waterloo, IA
3 BR | Sep. 26, 2026
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Dog Friendly
Cat Friendly
House
0
$750
**rent Recently Reduced!! ** Spacious 2 Bedroom Townhouse For Rent!!
1254 W Mullan Ave Waterloo, IA
2 BR | Available Now
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House
1
$1,500
**rent Special- Half Off First Month Rent!!!** 3 Bedroom, 1 Bath House For Rent Right By Kittrell Elementary School!
1651 W 11th St Waterloo, IA
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,600
E 3rd St
301-311 E 3rd St Waterloo, IA
2 BR | Available Now
Contact
1
$725
1140 Flammang Dr
Waterloo, IA
1 BR | Aug. 21, 2026
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Cat Friendly
1
$675
821 W 8th
821 W 8th St Waterloo, IA
1 BR | Available Now
Contact
1
$1,000
3 Bed/1 Bath House For Rent! Showings Starting 9/1/26
1324 Lyon Ave Waterloo, IA
2 BR | Sep. 7, 2026
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Dog Friendly
Cat Friendly
House
1
$795
1200 Meadow Ln
Waterloo, IA
2 BR | Aug. 23, 2026
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1
$815
3739 W 9th St
Waterloo, IA
2 BR | Available Now
Contact
1
$750
702 Bertch/1001 Western
Waterloo, IA
1 BR | Available Now
Contact
1
$775
1211 Langley Rd
Waterloo, IA
2 BR | Aug. 21, 2026
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0
$800
**rent Recently Reduced!! ** 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
0
$795
3621 Sager Ave
Waterloo, IA
2 BR | Available Now
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Dishwasher
1
$1,300
3-bedroom Ranch House For Rent July 1st!! Showings Starting 8/24/26
606 Maxwell St Waterloo, IA
3 BR | Sep. 1, 2026
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Dog Friendly
Cat Friendly
House
1
$785
1226 Langley Rd
Waterloo, IA
2 BR | Aug. 19, 2026
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1
$800
2 Bedroom, 1 Bathroom Home In Waterloo
811 Allen St Waterloo, IA
2 BR | Aug. 17, 2026
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Dog Friendly
Cat Friendly
House
  1. Home
  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 6 one-bedroom apartments under $500 available for rent in Waterloo.

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

Rentable.co has 1 two-bedroom apartment 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: August Rental Information

Welcome to the August 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 $840 $880
This month, the typical cost to rent a one-bedroom apartment in Waterloo stands at $680, with the majority falling between $530 and $910. Out of the 153 one-bedroom apartments currently on the market in Waterloo, 5 are priced below $500, accounting for 3% of the total available one-bedroom units in Waterloo.

Looking for Apartments Under $500 in Waterloo?

Available apartments under $500 7
Top amenities Refrigerator, Garbage Disposal, Trash Removal Included, Smoke Free Community, Garage Attached
1 Bedroom 2
2 Bedroom 1
Square footage 400 - 940
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