Updated 1 Day Ago
Highlights
Pet Friendly
Location
212 Reed St #1, Waterloo, IA 50703, USA|Common Grounds
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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
- Images Available
Great for
Pet owners
Amenities for 212 Reed St #1, Common Grounds
Features
| Utilities Included |
Community
| Cats OK | Dogs OK |
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.
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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 212 Reed St #1
Sweet deal!
This listing is 13% below the median price for 3 bedroom apartments in Common Grounds.
Description: 3 bedroom, 1 bathroom house. Fridge and stove will be provided. Schools: Lincoln Elementary, George Washington Carver Academy School, East High School Utilities Included: None Average Utility Bill: $200 Move-In Costs: $850 Deposit, $850 Rent Lawn/Snow: Tenant responsibility Washer/Dryer: N/A AC: N/A Pets/Animals: Pets allowed on a case-by-case basis Section 8: Not Applicable Office Phone #: 319-222-1515 Email: **** Website: https www epmiowa com
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 #1 compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 407 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar 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 212 Reed St #1 cost about 13% less than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of Aug 15 2026.
Common Grounds
Waterloo
| Month | Median Rent |
|---|---|
| August 2024 | $1,075 |
| 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 | $1,064 |
| June 2026 | $1,100 |
| July 2026 | $1,084 |
| August 2026 | $1,058 |
| 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 | $956 |
Affordability calculator
Can I afford to live at 212 Reed St #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
$34,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 3-bedrooms monthly rent price of $850.
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.| 5 years ago | $675 |
Schools near 212 Reed St #1
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 212 Reed St #1
Neighborhood
Common Grounds | Waterloo, IA
Getting around Waterloo near 212 Reed St #1
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 #1, 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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