Waterloo, IL rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Waterloo, IL is $1,250.
$1,250
+$350
+$325
4
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $825 to $2,400.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $1,200 | 1 |
| $1,300 | 1 |
| $2,300 | 1 |
| $2,400+ | 1 |
Average rent price over time
In the last year, rent has increased by $325 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $950 | $1,200 |
| Feb | $1,450 | $1,406 |
| Mar | $1,650 | $895 |
| Apr | $1,350 | $900 |
| May | $2,100 | $900 |
| Jun | $850 | $1,700 |
| Jul | $850 | $900 |
| Aug | $1,750 | $895 |
| Sep | $925 | No data |
| Oct | $1,750 | No data |
| Nov | $900 | No data |
| Dec | $1,095 | No data |
Market temperature
The Waterloo, IL rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Waterloo, IL is 40% lower than the national average.
$1,250
$2,100
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Frequently asked questions
1. What is the average rent in Waterloo, IL?
The average rent in Waterloo, IL is $1,250.
2. How much does it cost to rent a house in Waterloo, IL?
Houses in Waterloo, IL rent between $825 - $2,400 with an average rent of $1,250.
3. How has the rent in Waterloo, IL changed in the last year?
In the last year, the rent in Waterloo, IL increased by $325
4. How much has the rent in Waterloo, IL increased/decreased in the last month?
In the last month, the rent in Waterloo, IL increased by $350
5. How many available rentals are there in Waterloo, IL?
There are currently 4 rentals available in Waterloo, IL.
6. How do rent prices in Waterloo, IL compare with the national average?
The average rent in Waterloo, IL is $1,250 — 40.48% lower the national average of $2,100.