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Updated 5+ Days Ago
Location
1135 Rainbow Dr, Waterloo, IA 50701, USA
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Pet owners
Amenities for 1135 Rainbow Dr
Grounds
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 1135 Rainbow Dr
Newly Updated 4 bedroom house! - This house is loaded with charm! Lots of newer updates and plenty of room for the whole family. Including a screened in porch and nice yard to enjoy those beautiful summer days. Check this one out today!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1135 Rainbow Dr compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
Address details
| Zip code | 50701 |
|---|---|
| Type | House for rent |
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Available rentals nearby
Rent trends in Waterloo
4-bedroom apartments at 1135 Rainbow Dr cost about 18% less than the average rent price for 4-bedroom apartments in Waterloo.
Median rents as of Sep 12 2026.
Waterloo
| Month | Median Rent |
|---|---|
| September 2024 | $1,113 |
| October 2024 | $1,108 |
| November 2024 | $1,116 |
| December 2024 | $1,085 |
| January 2025 | $1,211 |
| February 2025 | $1,167 |
| March 2025 | $1,165 |
| April 2025 | $1,262 |
| May 2025 | $1,170 |
| June 2025 | $1,125 |
| July 2025 | $1,140 |
| August 2025 | $1,153 |
| September 2025 | $1,157 |
| October 2025 | $1,300 |
| November 2025 | $1,359 |
| December 2025 | $1,318 |
| January 2026 | $1,157 |
| February 2026 | $1,175 |
| March 2026 | $1,200 |
| April 2026 | $1,200 |
| May 2026 | $1,165 |
| June 2026 | $1,293 |
| July 2026 | $1,225 |
| August 2026 | $1,190 |
| September 2026 | $1,250 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 years ago | $1,100 |
Schools near 1135 Rainbow Dr
Becker Elementary School
1239 sheldon st
waterloo, IA, 50701
PK, K-5Public
C-
Cedar Falls Virtual Campus
1002 w 1st st
cedar falls, IA, 50613
K-12Public
Bess Streeter Aldrich Elementary School
2526 ashworth dr
cedar falls, IA, 50613
PK, K-6Public
A
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Internet available near 1135 Rainbow Dr
Neighborhood
Getting around Waterloo near 1135 Rainbow Dr
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1135 Rainbow Dr, Waterloo
Groceries
0/10
No grocery stores within walking distance
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
1/10
No high schools within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
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