Updated 1 Day Ago
Highlights
Pet Friendly
Location
2016 Falls Ave, Waterloo, IA 50701, USA
Tour 2016 Falls Ave
Contact
Martin Inc Realtors
Nearby rentals
Property management
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Property Overview
2016 Falls Ave offers practical living with a solid mix of helpful features, convenient characteristics, and appealing qualities. It stands out for buyers or renters looking for a home with everyday functionality and a balanced set of benefits.
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
More space- Images Available
Great for
Pet owners
Amenities for 2016 Falls Ave
Features
| Bonus Room | Dining Room |
| Full Bath with Tub and Shower | Large Kitchen |
Appliances
| Microwave | Range |
| Refrigerator |
Community
| Basement | Cats OK |
| Dogs OK | Double Stall Garage |
Grounds
| Covered Front Patio | Garage Parking |
| Outdoor Space | Yard |
Neighborhood
| Additional Off Street Parking |
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
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 2016 Falls Ave
FOR RENT- 2016 Falls Ave *PETS OK* — This two-bedroom, one-bath home in Waterloo offers a spacious layout with a large kitchen and separate dining room, plus an additional bonus room that adapts to your needs. Enjoy a covered front patio and a fenced-in yard, along with a double-stall garage and extra off-street parking. The home includes a full unfinished basement for storage or future projects, a mudroom/rear entry for convenience, and a full bath with tub and shower. Pets are welcome with additional pet application approval and one time pet fee per pet. You will need to fill out an application and be APPROVED prior to scheduling a viewing with our office- to fill out an application, go to www RentWithMartin com and click "Apply Now" on the property you are interested in, ** Apps may be moved to other units should you not like the one you picked in person or it gets rented by another party. Once the application is complete we will schedule a showing time with you! Looking to improve your credit this year? Renting with Martin Realtors and paying rent on time will increase your score!! At Martin Inc Realtors, we believe in fair and accessible housing for all. Approved applicants who choose to rent with us and meet the current HUD low-income limits for the Waterloo–Cedar Falls area will have their application fee refunded as a rent credit applied toward their first month’s rent upon move-in. School Districts: *Elementary= Fred Becker Elementary **Middle= Central Middle ***High= Waterloo East High Location / Nearby Highlights: *Convenient Waterloo location near University Ave access, with easy access to both Waterloo and Cedar Falls. *Somewhat walkable location: Zillow lists a Walk Score of 65 for 1009 Thorndale Ave. *Near area colleges: Apartments. com lists the property as about 8 minutes/4.8 miles from Allen College and about 9 minutes/4.6 miles from University of Northern Iowa. *Close to Waterloo attractions and entertainment options, including downtown Waterloo, local restaurants, parks, trails, museums, and arts/culture options. Experience Waterloo highlights the city’s museum district, parks, locally owned restaurants, shops, boutiques, and attractions. *Popular Waterloo-area attractions to mention generally: John Deere Tractor & Engine Museum, Lost Island Water Park/Theme Park, Sullivan Brothers Iowa Veterans Museum, Waterloo Center for the Arts, Cedar Valley trails, George Wyth State Park, and downtown Waterloo attractions.
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 2016 Falls Ave compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 488 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 50701 |
|---|---|
| Type | House for rent |
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Rent trends in Waterloo
2-bedroom apartments at 2016 Falls Ave cost about 15% more than the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Aug 15 2026.
Waterloo
| Month | Median Rent |
|---|---|
| August 2024 | $875 |
| September 2024 | $875 |
| October 2024 | $850 |
| November 2024 | $850 |
| December 2024 | $850 |
| January 2025 | $848 |
| February 2025 | $843 |
| March 2025 | $860 |
| April 2025 | $865 |
| May 2025 | $845 |
| June 2025 | $857 |
| July 2025 | $870 |
| August 2025 | $862 |
| September 2025 | $850 |
| October 2025 | $850 |
| November 2025 | $850 |
| December 2025 | $837 |
| January 2026 | $818 |
| February 2026 | $825 |
| March 2026 | $831 |
| April 2026 | $850 |
| May 2026 | $841 |
| June 2026 | $843 |
| July 2026 | $850 |
| August 2026 | $850 |
Affordability calculator
Can I afford to live at 2016 Falls Ave?
Bedrooms
2 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
$39,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 2-bedrooms monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.
Schools near 2016 Falls Ave
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 2016 Falls Ave
Neighborhood
Getting around Waterloo near 2016 Falls Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Points of interest for 2016 Falls Ave, Waterloo
Groceries
7/10
The nearest general grocery store is within a 10-minute walk, and there are also a few specialist food stores nearby.
Shopping
3/10
Few fashion stores are within walking distance.
Cafes
2/10
The closest café is within a 20-minute walk, and there are a few other cafés within walking distance.
Restaurants
4/10
Some restaurants are within walking distance.
Primary schools
5/10
The closest elementary school is within a 15-to-20-minute walk.
Nightlife
4/10
The closest bar is within a 5-minute walk, and there are a few other bars within walking distance.
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