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Apartments for Rent in Waterloo City, IA under $700

16 Rentals Available
Apartments for Rent in Waterloo City, IA under $700. 16 Rentals Available
  • a living room with six windows and a table
    Today

    627 Sycamore Street, Waterloo, IA 50703
    Income Restricted
    1 BED $500
    2 BEDS $575
  • a multipurpose room with a table and chairs and a kitchen
    Today

    100 Unity Square, Waterloo, IA 50703
    Income Restricted
    2 BEDS Ask for Pricing
2-0-city
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Getting around in Waterloo City, IA

55 /100
Somewhat Walkable
27 /100
Some Transit
74 /100
Very Bikeable
Walk Score®: 55, Transit Score®: 27, Bike Score®: 74

Frequently asked questions

When were prices and availability in Waterloo City, IA last updated?

Prices and availability in Waterloo City, IA were last updated on 24 Feb 2026.

What are the best apartments in Waterloo City, IA?

The best apartments in Waterloo City, IA are: Prairie Rapids, Waterloo, IA 1205 E San Marnan, Union at North Crossing, Marsh Place Apartments and Unity Square Townhomes.

What type of rental buildings are in Waterloo City, IA?

In Waterloo City 39% of the housing is rented out compared to 61% of homes are owned, according to the most recent Census Bureau estimates. 9% of Waterloo City's apartments are found in large buildings of 50 units or more, 49% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.

Your search for apartments in Waterloo City, IA under $700 stops here

Finding apartments for rent in Waterloo City, IA for less than $700 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 16 available units in Waterloo City, IA, renting for under $700. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $700” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $700 in Waterloo City, IA goes for $500 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!