5+ Days Ago
Highlights
Pet Friendly
Location
116 Chestnut St, Waterloo, IA 50703, USA|Common Grounds
Tour 116 Chestnut St
Contact
US Property Advisors LLC
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Amenities for 116 Chestnut St, Common Grounds
Community
| Cats OK | Dogs OK |
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
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 116 Chestnut St
Rent-to-Own / Owner Financing Opportunity Cash offers welcome. 3-bedroom, 2-bath home with yard located at 116 Chestnut St, Waterloo, IA Purchase price is $109,000 with an estimated monthly payment of around $1,200, depending on down payment. This is a strong opportunity for someone looking to work toward ownership with a monthly payment comparable to rent. We are looking for a responsible, long-term occupant who can care for the home and handle routine maintenance and minor repairs independently. The home will be junked out soon, trash in photos will not stay. Also available for rent for the right candidate. Seeking someone with large security deposit, stable income, and the ability to maintain and repair the home. Contact us to schedule a showing.
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 116 Chestnut St compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 440 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Address details
| Neighborhood | Common Grounds |
|---|---|
| Zip code | 50703 |
| Type | House for rent |
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Rent trends in Common Grounds
3-bedroom apartments at 116 Chestnut St cost about 9% more than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of Apr 11 2026.
Common Grounds
Waterloo
| Month | Median Rent |
|---|---|
| April 2024 | $1,100 |
| May 2024 | $1,100 |
| June 2024 | $1,017 |
| July 2024 | $1,060 |
| August 2024 | $1,066 |
| September 2024 | $1,075 |
| October 2024 | $1,072 |
| November 2024 | $1,044 |
| December 2024 | $1,009 |
| January 2025 | $1,050 |
| February 2025 | $1,062 |
| March 2025 | $1,075 |
| April 2025 | $1,005 |
| May 2025 | $1,013 |
| June 2025 | $1,062 |
| July 2025 | $1,065 |
| August 2025 | $1,075 |
| September 2025 | $1,090 |
| October 2025 | $1,090 |
| November 2025 | $1,032 |
| December 2025 | $1,000 |
| January 2026 | $1,003 |
| February 2026 | $1,045 |
| March 2026 | $1,079 |
| April 2026 | $1,045 |
| Month | Median Rent |
|---|---|
| November 2024 | $900 |
| April 2025 | $925 |
| May 2025 | $970 |
| June 2025 | $1,031 |
| July 2025 | $1,000 |
| August 2025 | $984 |
| September 2025 | $1,019 |
| December 2025 | $946 |
| January 2026 | $967 |
| February 2026 | $1,014 |
Affordability calculator
Can I afford to live at 116 Chestnut St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 3-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $1,200 |
Schools near 116 Chestnut St
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 116 Chestnut St
Getting around Waterloo near 116 Chestnut St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 116 Chestnut St, Waterloo
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Nightlife
4/10
Some bars within walking distance
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