5+ Days Ago
Location
203 Reed St, Waterloo, IA 50703, USA|Common Grounds
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Contact
Mgt Property Management Co
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 203 Reed St
Fresh & Bright: Enjoy a clean, modern feel with fresh paint throughout the entire home. Spacious Living: Features 3 comfortable bedrooms and 1.5 bathrooms, providing a functional and spacious layout. The Great Outdoors: Situated on a huge yard that is mostly fenced in, offering a private space for pets, play, or relaxation. Green Thumb’s Dream: There is plenty of space for a large garden, ready for your seasonal plantings Outdoor Living: Relax on the large front porch or enjoy quiet evenings on the spacious back porch. Bonus Space: The property includes a detached garage featuring a versatile loft space—perfect for extra storage. Big enough to fit 2 cars! This lovely home combines classic architectural details with fresh updates, its the perfect blend of character and comfort. We are perfecting the finishing touches but are ready for showings immediately! Don't let this beautiful home slip away, contact us today to schedule your private 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 203 Reed St compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 348 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
| Neighborhood | Common Grounds |
|---|---|
| Zip code | 50703 |
| Type | House for rent |
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Rent trends in Common Grounds
3-bedroom apartments at 203 Reed St cost about 9% more than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of May 9 2026.
Common Grounds
Waterloo
| Month | Median Rent |
|---|---|
| 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 | $1,033 |
| May 2026 | $1,037 |
| 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 |
| May 2026 | $1,100 |
Affordability calculator
Can I afford to live at 203 Reed 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.
Schools near 203 Reed St
Lincoln Elementary School
302 cedar bend st
waterloo, IA, 50703
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 203 Reed St
Getting around Waterloo near 203 Reed St
Walking
3/10
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
FYI, there are little to no public transit options within walking distance.
Points of interest for 203 Reed St, Waterloo
Groceries
2/10
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 walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
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- on-site laundry
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Check availability
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