Zumper

408 Locust St
408 Locust St, Waterloo, IA 50701, USA

Apartment for rent
Pet friendly
Monthly rent
$525
Beds1
Baths1
Sqft644
modified
1 Day Ago

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

  • Less expensive
  • More space
  • Elementary school nearby

Great for

  • Pet owners

Highlights

  • Pet Friendly

Units

408 Locust St Waterloo, IA

New Listing

1

1 Bed

1 Bath

$525

Listed on 04/29/2026
Listed by 408 Locust St - 1
Days on market: 2
Description: This main level one bedroom apartment has recently been renovated. Stove and refrigerator are provided. Utilities: Tenant is responsible for electric and gas. Tenant is also responsible for water/sewer, which is billed every quarter through RUBS. Landlord is responsible for snow/lawn care. Average Utility Bill: $100/month Move-In Costs: Deposit $525, Rent $525 Lawn/Snow: Landlord handles Washer/Dryer: N/A AC: N/A Pets/Animals: Pets allowed on a case-by-case basis, $50/month Section 8: Not Applicable Office Phone #: 319-222-1515 Email: **** Website: https www epmiowa com 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.

New Listing

1 Bed, 1 Bath

1 Bed

1 Bath

$525

Listed on 04/29/2026
Days on market: 2
Description: This main level one bedroom apartment has recently been renovated. Stove and refrigerator are provided. Utilities: Tenant is responsible for electric and gas. Tenant is also responsible for water/sewer, which is billed every quarter through RUBS. Landlord is responsible for snow/lawn care. Average Utility Bill: $100/month Move-In Costs: Deposit $525, Rent $525 Lawn/Snow: Landlord handles Washer/Dryer: N/A AC: N/A Pets/Animals: Pets allowed on a case-by-case basis, $50/month Section 8: Not Applicable Office Phone #: 319-222-1515 Email: **** Website: https www epmiowa com 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.

Amenities for 408 Locust St

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Concierge Service
  • Package Service
  • Outdoor Space
Unit Amenities
  • Air Conditioning
  • In-Unit Laundry

Policies at 408 Locust St

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 408 Locust St

HomeApartments in WaterlooChurch Row Historic 408 Locust St #1, Waterloo, IA 50701, USA

Interested in leasing 408 Locust St, Waterloo, IA 50701, USA? Currently, 408 Locust St, Waterloo, IA 50701, USA is available to rent or lease. It is a 1-bedroom apartment with 1 bathroom. Below, you can compare the rent price at 408 Locust St, Waterloo, IA 50701, USA vs overall rent prices in Church Row Historic, IA. We have compiled nearby businesses and things to do close to 408 Locust St, Waterloo, IA 50701, USA.

Address details

Units2
Units available2
Neighborhood
City
Zip code50701

408 Locust St #1 is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet supply store near the property

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 408 Locust St, Waterloo, IA 50701, USA compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
The 1-bedroom is 164 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery

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Rent trends in Waterloo

1-bedroom apartments here are priced 12% lower than 1-bedrooms in Church Row Historic.

Median rents as of Apr 25 2026.
Church Row Historic
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
May 2024$762
June 2024$918
July 2024$1,200
August 2024$1,200
September 2024$1,187
October 2024$1,187
November 2024$1,120
December 2024$1,106
January 2025$1,100
February 2025$1,062
March 2025$1,100
April 2025$1,100
May 2025$1,100
June 2025$1,072
July 2025$975
August 2025$1,100
September 2025$1,105
October 2025$991
November 2025$841
December 2025$666
January 2026$600
February 2026$692
March 2026$696
April 2026$836
A table of studio rental data trends in Church Row Historic
MonthMedian Rent
May 2024$500
December 2025$590
January 2026$550

Affordability calculator

Can I afford to live at 408 Locust St?

Bedrooms

1 bedroom

Rent-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

$21,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $21,000 annually to afford this 1-bedroom median monthly rent price of $525.
For more information on rent affordability, visit our rent calculator.

Schools near 408 Locust St #1

Irving Elementary School

1115 w 5th st

waterloo, IA, 50702

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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Neighborhood

Church Row Historic | Waterloo, IA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Waterloo near 408 Locust St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 408 Locust St, Waterloo

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

2/10
Closest high school further than a 30-minute walk

Nightlife

3/10
Some bars within walking distance

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