Updated 4 Hours Ago
Highlights
Pet Friendly
Location
232 Center St #1, Waterloo, IA 50703, USA|Common Grounds
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Property Overview
With 27 photos, strong value for money compared with nearby options, and a nearby pet supply store, this listing offers a practical mix of visibility, affordability, and convenience. The details suggest it may appeal to renters looking for a well-presented property with helpful nearby amenities and solid overall value.
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
Less expensive- Images Available
Great for
Pet owners
Amenities for 232 Center 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.
Contact Property
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 232 Center St #1
Sweet deal!
This listing is 13% below the median price for 3 bedroom apartments in Common Grounds.
Office Phone #: 319-222-1515 Email: **** Website: https www epmiowa com Description: This newly update 3 bedroom, 1 bath home is available now! Please contact EPM Iowa directly for more information and to apply. Schools: Fred Becker Elementary, Central Middle School, West High School Utilities Included: None Average Utilities: $120/month Move-In Costs: $850 Deposit, $850 Rent Lawn/Snow: Resident Responsibility Pets/Animals: $50/month, Pets allowed on a case-by-case basis Section 8: Not Applicable All EPM Iowa residents are enrolled in the Resident Benefits Package (RBP) for $49.00/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application.
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 232 Center St #1 compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
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 232 Center St #1 cost about 13% less than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of Aug 29 2026.
Common Grounds
Waterloo
| Month | Median Rent |
|---|---|
| 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 | $1,055 |
| 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 |
Affordability calculator
Can I afford to live at 232 Center 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.
Schools near 232 Center St #1
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 232 Center St #1
Neighborhood
Common Grounds | Waterloo, IA
Getting around Waterloo near 232 Center St #1
Walking
4/10
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
3/10
There are a few mass transit options within the area.
Points of interest for 232 Center St #1, Waterloo
Groceries
4/10
Variety of groceries within a short drive
Shopping
3/10
Some shops within a short drive
Cafes
2/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
5/10
Variety of bars within a short drive
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