Average rent in Waterloo, IA

As of September 2026, the typical asking rent in the Waterloo, IA metro area is $1,023 per month, up 4.1% from a year ago — 32% below the US metro average of $1,498.

Figures cover all property types — single-family, condo and apartment — at every bedroom count. The interactive map can break rents down by home type.

Average rent

$1,023

September 2026

Year over year

+4.1%

vs $983 a year ago

3-year change

+11.7%

from $916

Our forecast accuracy here

±1.0%

avg error on held-out data

Waterloo, IA rent history

Observed market rent since November 2016, with the next 2 forecast months and their expected range.

Oct 24 – Nov 26
Waterloo, IA observed rentSame month last yearForecast (2 months shown free)

Waterloo, IA rent forecast

Our forecasting engine projects rents each month for every US metro with at least a year of observed data. The next 2 months for Waterloo, IA are free below; the full 12-month outlook with confidence ranges is part of RentLens Pro.

MonthForecast rentExpected rangeMoMYoYSince Sep 2026
October 2026$1,027$1,020–$1,034+0.3%+4.1%+0.3%
November 2026$1,029$1,019–$1,043+0.2%+4.3%+0.5%
Months 3–12 are available on the interactive forecast → see the full Waterloo, IA forecast

Explore Waterloo, IA on the live map

Interactive history, zip-level rents, and 12-month ML forecasts with explainability.

Open RentLens →

More Iowa metros

Ames, IA · $1,162Burlington, IA · $961Cedar Rapids, IA · $1,226Clinton, IA · $833Des Moines, IA · $1,280Dubuque, IA · $1,063Fort Dodge, IA · $782Iowa City, IA · $1,757Marshalltown, IA · $1,124Mason City, IA · $951Pella, IA · $1,009Sioux City, IA · $1,295All Iowa metros →

Rent figures are smoothed median asking rents (Zillow Observed Rent Index) for the Waterloo, IA metro area, updated monthly. Forecasts are produced by RentLens's proprietary ML models; “forecast accuracy” is this metro's average prediction error on held-out historical data.