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-As Iowa's sixth-largest city and home to the historic John Deere manufacturing facilities, Waterloo combines industrial heritage with modern opportunities. Houses for rent in Waterloo provide convenient access to the city's revitalized downtown district, where the Waterloo Center for the Arts and Sullivan Brothers Iowa Veterans Museum anchor a growing cultural scene. The Cedar Valley area presents renters with diverse neighborhood options, from the historic homes near Highland Park to the properties around Prospect Boulevard, where tree-lined streets connect to shopping at Crossroads Center and dining along University Avenue.
Waterloo's strategic location at the junction of U.S. Highways 20, 63, and 218 ensures easy commutes, while the Waterloo Regional Airport offers direct flights to Chicago. The city features major healthcare facilities, including MercyOne Waterloo Medical Center and UnityPoint Health Allen Hospital. The rental market includes single-family homes and townhouses, with average monthly rents for three-bedroom properties around $1,093. The Cedar Valley nature trails, Lost Island Waterpark, and Young Arena provide year-round recreation, while the nearby University of Northern Iowa in Cedar Falls adds educational and cultural opportunities to the area's amenities.
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Average Rent Rates
What's the average rent for a house in Waterloo, IA?
House averages in Waterloo, IA varies based on size.
- $850 for a 1-bedroom house in Waterloo, IA
- $887 for a 2-bedroom house in Waterloo, IA
- $1,037 for a 3-bedroom house in Waterloo, IA
- $1,760 for a 4-bedroom house in Waterloo, IA





































