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Updated 5+ Days Ago
Location
212 Reed St, Waterloo, IA 50703, USA|Common Grounds
Nearby rentals
Property management
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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
More space- Less expensive
- Middle school nearby
Great for
Pet owners
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.
About 212 Reed St
This lovely 3 bedroom home was built back when carpentry was king! Beautiful woodwork throughout! Check out keys at 1419 W 4th St in Waterloo between the hours of 9-12 and 1-4 Monday through Friday before this unit is GONE!
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 212 Reed St compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 381 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.5 miles away
- Images Available
- There are at least 10 photos of this property
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1.0 miles away
Address details
| Neighborhood | Common Grounds |
|---|---|
| Zip code | 50703 |
| Type | Apartment for rent |
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Available rentals nearby
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Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Common Grounds • 232 Center St #1
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415 Adams St #1
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Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Franklin Gateway • 213 Lafayette St #4
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$800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1107 Mulberry St
3 Beds
$795
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Church Row Historic • 628 W 3rd St #B
3 Beds
$725
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Common Grounds • 232 Center St #1
3 Beds
$725
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.415 Adams St #1
3 Beds
$700
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Franklin Gateway • 213 Lafayette St #4
3 Beds
$800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1107 Mulberry St
3 Beds
$795
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Rent trends in Common Grounds
3-bedroom apartments at 212 Reed St cost about 25% less than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of Oct 31 2026.
Common Grounds
Waterloo
| Month | Median Rent |
|---|---|
| November 2024 | $1,024 |
| 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 | $1,064 |
| June 2026 | $1,100 |
| July 2026 | $1,084 |
| August 2026 | $1,055 |
| September 2026 | $1,031 |
| October 2026 | $988 |
| 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 | $1,110 |
| June 2026 | $1,100 |
| July 2026 | $995 |
| August 2026 | $964 |
| September 2026 | $893 |
| October 2026 | $961 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 11 years ago | $700 |
Schools near 212 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
Neighborhood
Common Grounds | Waterloo, IA
Getting around Waterloo near 212 Reed St
Walking
4/10
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 212 Reed St, Waterloo
Groceries
3/10
At least one grocery store 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
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Nightlife
3/10
Few or no bars within walking distance
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