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$1,100
2 beds1 bath700 sqftHouse
2223 Falls Ave, Waterloo, IA, 50701
219 Rentals in Waterloo, IA Under $1,500/mo
219 Results
$900
3 beds1 bathApartment
1110 Doreen Ave, Waterloo, IA, 50701
$1,000
2 beds1 bath996 sqftMultiplex
608-610 Martin Rd. 610, Waterloo, IA, 50701
$1,099
3 beds1 bath1,232 sqftHouse
407 Reed Street, Waterloo, IA, 50703
$825
3 beds1 bath1,246 sqftHouse
908 West 6th Street, Waterloo, IA, 50702
$925
3 beds1 bath1,047 sqftHouse
211 Manson Street, Waterloo, IA, 50703
$750
2 beds1 bath816 sqftHouse
271 Madison Street, Waterloo, IA, 50703
$1,000
3 beds1 bath1,536 sqftHouse
543 Sumner Street, Waterloo, IA, 50703
$875
2 beds1 bath800 sqftHouse
619 Johnson Street #5, Waterloo, IA, 50702
$750
3 beds1 bath840 sqftHouse
415 Adams Street, Waterloo, IA, 50703
$900
4 beds1 bath1,144 sqftHouse
716 Fowler Street, Waterloo, IA, 50703
$850
3 beds1 bath800 sqftHouse
512 Maynard Avenue, Waterloo, IA, 50701
$875
3 beds1 bath1,184 sqftHouse
419 Bratnober Street, Waterloo, IA, 50703
$700
2 beds1 bath1,125 sqftHouse
406 Gable St., Waterloo, IA, 50703
$850
2 beds1 bath972 sqftHouse
642 Dawson Street, Waterloo, IA, 50703
$700
2 beds1 bath1,100 sqftHouse
301 Leland Avenue, Waterloo, IA, 50701
$800
3 beds1 bath1,060 sqftHouse
232 Center Street, Waterloo, IA, 50703
$750
1 bed1 bath550 sqftHouse
611 Sycamore Unit 302, Waterloo, IA, 50703
$825
3 beds2 baths1,202 sqftHouse
1125 Ackermant Street, Waterloo, IA, 50703
$1,395
3 beds2 baths1,280 sqftApartment
804 - 806 Heartland Hills, Waterloo, IA, 50701
$525
1 bed1 bath583 sqftApartment
105-111 Elmwood St., Waterloo, IA, 50701
$1,095
Studio1 bath487 sqftApartment
4711 University Ave, Cedar Falls, IA, 50613
$925
3 beds1 bath971 sqftHouse
2303 Clearview St, Waterloo, IA, 50707
$750
2 beds1 bath732 sqftHouse
215 Western Ave, Waterloo, IA, 50701
Showing 24 of 219 results
Showing 24 of 219 results
Load moreWhat to Know Before Renting Under $1,500 in Waterloo, IA
Rentals under $1,500 per month cover a wide share of Waterloo inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Waterloo.
Browse Waterloo Rentals by Bedroom Count
Rentals Under $1,500 Near Waterloo, IA
Frequently Asked Questions About Rentals Under $1,500 in Waterloo, IA
Rentler currently shows 195 rentals in Waterloo priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.
At the under $1,500 price point in Waterloo, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.
These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.
Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.
Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.
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