Updated 5+ Days Ago
Highlights
- Washer/dryer
- Hardwood floors throughout
- Fridge and stove will be provided
- Lawn care/snow removal
Location
271 Madison St #1, Waterloo, IA 50703, USA
Tour 271 Madison St #1
Contact
EPM Iowa, LLC
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Property management
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Property Overview
This home includes hardwood floors throughout, washer/dryer access, a provided fridge and stove, plus lawn care and snow removal. It is also located very close to top-rated schools, with the nearest elementary school about 0.18 miles away and the nearest middle school about 0.11 miles away.
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
Middle school nearby- Elementary school nearby
Great for
Pet owners
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 271 Madison St #1
Description: This 2-bedroom apartment features hardwood floors throughout and a basement for extra storage. Fridge and stove will be provided. Schools: Highland Elementary, George Washingto Carver School, East High School Utilities Included: Garbage, Lawn Care/Snow Removal Average Utilities: $100 Move-In Costs: $750 Deposit, $750 Rent Lawn/Snow: Landlord responsibility Washer/Dryer: Hookups in basement AC: N/A Section 8: 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 271 Madison St #1 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.1 miles away
- Elementary school nearby
- There is an elementary school 0.2 miles away
Address details
| Zip code | 50703 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Waterloo
2-bedroom apartments at 271 Madison St #1 cost about 9% less than the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Oct 31 2026.
Waterloo
| Month | Median Rent |
|---|---|
| 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 | $849 |
| September 2026 | $825 |
| October 2026 | $824 |
Affordability calculator
Can I afford to live at 271 Madison St #1?
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
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 2-bedrooms monthly rent price of $750.
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 271 Madison St #1
Highland Elementary School
812 idaho 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
Getting around Waterloo near 271 Madison St #1
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 271 Madison St #1, Waterloo
Groceries
5/10
Variety of groceries within a short drive
Shopping
4/10
Some shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
5/10
Variety of bars within a short drive
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