$1,050
3 beds2 baths1,051 sqftHouse
111 French, Waterloo, IA, 50703
Rentals in Waterloo, IA Under $1,500/mo
207 Results
$820
2 beds1 bath951 sqftApartment
1153 Langley Rd, Waterloo, IA, 50702
$795
Studio1 bath250 sqftApartment
4117 University Ave, Cedar Falls, IA, 50613
$975
3 beds1.5 baths1,169 sqftHouse
1720 Logan Ave., Waterloo, IA, 50703
$1,095
Studio1 bath487 sqftApartment
4711 University Ave, Cedar Falls, IA, 50613
$1,150
3 beds1 bath1,320 sqftHouse
1027 Columbia St., Waterloo, IA, 50703
$850
2 beds1 bath704 sqftHouse
547 Reed St, Waterloo, IA, 50703
$750
2 beds1 bathApartment
709 W 3rd St, Waterloo, IA, 50701
$1,025
2 beds1 bath628 sqftHouse
1022 Forest Ave, Waterloo, IA, 50702
$900
3 beds1 bath756 sqftHouse
517 Center, Waterloo, IA, 50703
$1,250
5 beds2 baths1,572 sqftHouse
824 Logan Ave, Waterloo, IA, 50703
$795
2 beds1 bath851 sqftApartment
3621 Sager Ave, Waterloo, IA, 50701
$900
3 beds1 bath812 sqftHouse
622 Keystone St, Waterloo, IA, 50703
$750
2 beds1 bath700 sqftApartment
1226 Langley Rd Waterloo, Waterloo, IA, 50702
$895
2 beds1 bath734 sqftApartment
3779 West 9th St, Waterloo, IA, 50702
$975
3 beds1 bath1,420 sqftHouse
1404 W 2nd St, Waterloo, IA, 50701
$975
2 beds1 bath837 sqftHouse
136 Ricker Street, Waterloo, IA, 50703
$795
2 beds1 bath851 sqftApartment
3621 Sager Ave, Waterloo, IA, 50701
$1,000
1 bed1 bath650 sqftApartment
923 Maplewood Drive, Cedar Falls, IA, 50613
$1,045
1 bed1 bath614 sqftApartment
923 Maplewood Drive, Cedar Falls, IA, 50613
$1,035
2 beds1 bath756 sqftApartment
923 Maplewood Drive, Cedar Falls, IA, 50613
$955
1 bed1 bath559 sqftApartment
923 Maplewood Drive, Cedar Falls, IA, 50613
$675
1 bed1 bath800 sqftHouse
216 Pleasant, Waterloo, IA, 50702
$725
2 beds1 bathApartment
117 1/2 Lafayette Street, Waterloo, IA, 50703
Showing 24 of 207 results
Showing 24 of 207 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 189 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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