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Apartments under $500 for Rent in Waterloo, IA
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Waterloo at a Glance
Waterloo, IA Apartments for Rent
Waterloo, IA, is a vibrant city that seamlessly blends community spirit with a wealth of amenities. A variety of rental options, from cozy apartments to spacious townhomes, cater to diverse preferences and budgets, making it an inviting place for residents. The city is surrounded by beautiful parks, including Hartman Reserve Nature Center, where outdoor enthusiasts can hike, bike, or simply relax amidst nature. Cedar River Exchange Park offers scenic views, while Pat Bowlsby Off-Leash Dog Park is perfect for pet owners looking to enjoy time outdoors with their furry friends. The Cedar Valley Trail provides a picturesque route for walking and cycling, connecting neighborhoods and promoting an active lifestyle.
Cultural experiences flourish in Waterloo, with events such as the annual Iowa State Black History Month Celebration and the Waterloo Arts Festival showcasing the city’s rich heritage. The Grout Museum District captivates visitors with its fascinating exhibits that delve into the region's history, while the John Deere Tractor & Engine Museum offers a unique glimpse into the area's industrial past. For family-friendly fun, the nearby Lost Island Waterpark is a popular summer destination.
Dining options abound, with a range of restaurants to satisfy every palate. Enjoy a hearty meal at Texas Roadhouse or indulge in Italian cuisine at Olive Garden. For a more casual experience, Maple Lanes Bowling Center and Taco John's provide delicious bites in a relaxed atmosphere. Coffee lovers can unwind at local cafes similar to Starbucks, Cabin Coffee Company, or Panera Bread, while Newton's Paradise Cafe serves up delightful dishes in a cozy setting.
Shopping enthusiasts will find plenty to explore at Crossroads Mall and College Square Mall, where a variety of stores, including Bath & Bodyworks and Proactiv Kiosk, cater to all shopping needs. The local farmers market showcases fresh produce and handmade goods, fostering a sense of community and supporting local vendors.
With its welcoming atmosphere, engaging activities, and a rich tapestry of cultural and recreational offerings, Waterloo stands out as an appealing place to call home.
Why Waterloo?
- Waterloo is home to Hawkeye Community College and it is just minutes from the University of Northern Iowa in Cedar Falls.
- Hockey! Waterloo is home of the USHL Black Hawks, who play at the Young Arena.
- There are several museums and historic sites in Waterloo, including the 1862 Victorian Home and Carriage House Museum.
- Waterloo features family-friendly attractions such as Phelps Youth Pavilion, a hands-on children’s museum.
- Gorgeous parks in Waterloo include the vast Black Hawk Park which offers camping, fishing, hiking, and boat ramps.
- The Cedar Valley Paddlers Trail is a 10-mile water trail offering fishing, boating, and wildlife viewing.
Renting in Waterloo
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- 1 Bedroom 589 Sq Ft $778 / mo
- 2 Bedrooms 911 Sq Ft $942 / mo
- 3 Bedrooms 1,013 Sq Ft $1,086 / mo
- 4 Bedrooms 1,200 Sq Ft $1,091 / mo
Top Budget-Friendly Neighborhoods in Waterloo
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Downtown Waterloo 646 Sq Ft $1,223/mo
Getting Around Waterloo
Education
School data provided by Great Schoolsⓘ
Waterloo Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Waterloo, IA
- Waterloo Apartments Under $500
- Waterloo Apartments Under $600
- Waterloo Apartments Under $700
- Waterloo Apartments Under $800
- Waterloo Apartments Under $900
- Waterloo Apartments Under $1,000
- Waterloo Apartments Under $1,200
- Waterloo Apartments Under $1,500
- Waterloo Apartments Under $2,000
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Note: Based on community-supplied data and independent market research. Subject to change without notice.