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Apartments Under $500 in Waterloo, IA

1 - 3 of 3 Results
1
$475
1009 Thorndale Ave
Waterloo, IA
Studio | Available Now
Contact
Cat Friendly
Storage
Disability Access
1
$500
105-111 Elmwood St.
105-111 Elmwood Waterloo, IA
1 BR | Available Now
Contact
1
$500
423-433 Locust St
Waterloo, IA
1 BR | Available Now
Contact
1 - 3 of 3 Results

All Apartments in Waterloo, IA

30 Results
2
$875 - 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
$1,200
Whispering Meadows Condominiums
1867-1931 Pinehurst Ct Waterloo, IA
2 BR | Sep. 10, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
1
3D Tour
$900
4th Street Manor
3805-3807 W 4th St Waterloo, IA
2 BR | Jul. 14, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$800
1 Bedroom Single Family Home
1436 Ansborough Ave Waterloo, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,295
250 West Hills
250 W Hills Ln Waterloo, IA
2 BR | Jul. 10, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$795 - 895
Le Chateau
733 747 Russell Rd Waterloo, IA
2 BR | Available Now
Contact
Surface Parking
Storage
1
$850
3729 W 9th St
Waterloo, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$775
Meadow Ridge
765 Russell Rd Waterloo, IA
2 BR | Available Now
Contact
1
$695
746 Russell Rd
Waterloo, IA
1 BR | Available Now
Contact
1
$815
1153 Langley Rd
Waterloo, IA
2 BR | Available Now
Contact
1
$825
4932 Dubois Dr
Waterloo, IA
1 BR | Jul. 10, 2026
Contact
1
$775 - 995
Southpoint Apartments
308-340 Glencoe Ave Waterloo, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$795
1132 Tiffany Pl
Waterloo, IA
2 BR | Available Now
Contact
Dishwasher
1
$800
730 Russell Rd
Waterloo, IA
2 BR | Available Now
Contact
1
$800
2 Bedroom 1 Bath Duplex
137 Western Ave Waterloo, IA
2 BR | Available Now
Contact
House
1
$815
1211 Langley Rd
Waterloo, IA
2 BR | Available Now
Contact
1
$850
1124 Flammang Dr
Waterloo, IA
2 BR | Available Now
Contact
Cat Friendly
1
$795
3621 Sager Ave
Waterloo, IA
2 BR | Available Now
Contact
Dishwasher
1
$775
3684 W 4th St
Waterloo, IA
2 BR | Available Now
Contact
Dishwasher
0
$825
2 Bedroom Townhome With Walk Out Basement For Rent In Waterloo!
1272 W Mullan Ave Waterloo, IA
2 BR | Available Now
Contact
House
1
$675
821 W 8th
821 W 8th St Waterloo, IA
1 BR | Jul. 11, 2026
Contact
1
$700
1133 Dixon Dr
Waterloo, IA
1 BR | Available Now
Contact
1
$1,600
E 3rd St
301-311 E 3rd St Waterloo, IA
2 BR | Available Now
Contact
1
$645
727 South St
Waterloo, IA
1 BR | Available Now
Contact
1
$740
505 Wellington St
Waterloo, IA
2 BR | Available Now
Contact
1
$725
Mullan Townhomes
Waterloo, IA
2 BR | Available Now
Contact
1
$1,100
Urban Lofts
302 Commercial St Waterloo, IA
1 BR | Jul. 23, 2026
Contact
Dishwasher
1
$795
1225 Langley Rd
Waterloo, IA
2 BR | Available Now
Contact
Cat Friendly
Dishwasher
1
$1,075
3 Bed/1bath House For Rent! 1/2 Off July Rent!
624 Magnolia Pkwy Waterloo, IA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$825 - 845
3769 W 9th St
Waterloo, IA
2 BR | Available Now
Contact
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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 are 3 apartments under $500 in Waterloo currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Waterloo?

Rentable.co has 11 studio apartments under $500 available for rent in Waterloo.

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

Rentable.co has 8 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: July Rental Information

Welcome to the July 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 $920 $960 >$1,000
This month, the typical cost to rent a one-bedroom apartment in Waterloo stands at $650, with the majority falling between $520 and $950. Out of the 146 one-bedroom apartments currently on the market in Waterloo, 6 are priced below $500, accounting for 4% of the total available one-bedroom units in Waterloo.

Looking for Apartments Under $500 in Waterloo?

Available apartments under $500 19
Top amenities Disability Access, On Site Laundry, Refrigerator, Smoke Free Community, Garage Attached
Pet friendly 1
Utilities included 1
Studio 1
1 Bedroom 2
2 Bedroom 1
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