3 Days Ago
Location
1412 Rainbow Dr #1, Cedar Falls, IA 50613, USA
Tour 1412 Rainbow Dr #1
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Hanna's Homes
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About 1412 Rainbow Dr #1
NOW RENTING FOR JUNE 1, 2026! Charming 3-bedroom, two-bathroom house with two stall detached garage, washer/dryer, fireplace, and hardwood floors located south of Lookout Park in Cedar Falls.
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 1412 Rainbow Dr, Cedar Falls, IA 50613, USA compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Zip code | 50613 |
|---|---|
| Type | House for rent |
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Rent trends in Cedar Falls
3-bedroom apartments at 1412 Rainbow Dr #1 cost about 11% more than the average rent price for 3-bedroom apartments in Cedar Falls.
Median rents as of Dec 20 2025.
Cedar Falls
| Month | Median Rent |
|---|---|
| January 2024 | $1,350 |
| February 2024 | $1,350 |
| March 2024 | $1,350 |
| April 2024 | $1,337 |
| May 2024 | $1,350 |
| June 2024 | $1,307 |
| July 2024 | $1,350 |
| August 2024 | $1,330 |
| September 2024 | $1,168 |
| October 2024 | $1,212 |
| November 2024 | $1,350 |
| December 2024 | $1,350 |
| January 2025 | $1,350 |
| February 2025 | $1,350 |
| March 2025 | $1,350 |
| April 2025 | $1,356 |
| May 2025 | $1,350 |
| June 2025 | $1,325 |
| July 2025 | $1,270 |
| August 2025 | $1,332 |
| September 2025 | $1,285 |
| October 2025 | $1,435 |
| November 2025 | $1,350 |
| December 2025 | $1,333 |
Affordability calculator
Can I afford to live at 1412 Rainbow Dr #1?
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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 3-bedrooms monthly rent price of $1,500.
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.| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $1,300 | 3 bed | 2 bath | ||
| 3 years ago | $1,300 | 3 bed | 2 bath |
Schools near 1412 Rainbow Dr #1
Cedar Heights Elementary School
2417 rainbow dr
cedar falls, IA, 50613
PK, K-6Public
B
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Internet available near 1412 Rainbow Dr #1
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Cedar Falls near 1412 Rainbow Dr #1
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1412 Rainbow Dr #1, Cedar Falls
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 1412 Rainbow Dr #1
Hy-Vee
6301 University Ave
Natural Grocers
5410 University Ave
Rooted Carrot Co-op Market
123 W 7th St
Fareway
4500 S Main St
Walmart Supercenter
525 Brandilynn Blvd
Von Maur
6301 University Ave
Brown's Shoe Fit
6406 University Ave
Kohl's
5911 University Ave
LBL Wigs
321 Main St
An Elegant Affair
215 Main St
Dunkin'
6004 University Ave
Starbucks
6301 University Ave
Starbucks
6421 University Ave
Sarah's Espresso Cafe
419 Main St
Hurts Donut Co
100 E 2nd St
Peppers Grill & Sports Pub
620 E 18th St
Buffalo Wild Wings
6406 University Ave
Texas Roadhouse
5715 University Ave
Applebee's Grill + Bar
6301 University Ave
Hy-Vee Market Grille Express
6301 University Ave
Scratch Cup Cakery
6607 University Ave
Bread to Beer, LLC
128 Main St
Milkbox Bakery
2223 College St
Walmart Bakery
525 Brandilynn Blvd
Bambinos Sweet & Fluffy Cookie Creations LLC
1445 Ansborough Ave
Scoopski's-Cedar Falls
1828 Waterloo Rd
Dunkin'
6004 University Ave
Arby's
6018 University Ave
KFC
6104 University Ave
Taco John's
6210 University Ave
Waterloo Rd and E 18th St
Cedar Falls-UNI - YELLOW, Cedar Falls-Rainbow - YELLOW
Black Hawk Village and University Ave (EB)
Cedar Falls-Rainbow - YELLOW
Melrose Dr and University Ave (WB)
Cedar Falls-UNI - YELLOW
HyVee at College Square Mall
Cedar Falls-UNI - YELLOW, Cedar Falls-Rainbow - YELLOW
Galloway Ave and Rainbow Dr
Cedar Falls-UNI - YELLOW, Cedar Falls-Rainbow - YELLOW
Other units at this address
1412 Rainbow Dr, Cedar Falls, IA
1412 Rainbow Dr Cedar Falls, IA
Occupied
3 Beds, 2 Baths
3 Beds
2 Baths
$1,300
Dishwasher • Air Conditioning • In-Unit Laundry • Fireplace • Hardwood Floor
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