5+ Days Ago
Highlights
Pet Friendly
- Recently renovated
- Stove and refrigerator provided
Location
408 Locust St #1, Waterloo, IA 50701, USA|Church Row Historic
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Property Overview
Recently renovated and offered with a stove and refrigerator, the unit also stands out for its strong value metrics, ranking in the 100th percentile for value for money and the 73.68th percentile for value per square foot. It is also close to a top-rated elementary school, located about 0.19 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
Less expensive- Elementary school nearby
- More space
Great for
Pet owners
Amenities for 408 Locust St #1, Church Row Historic
Building
| 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 408 Locust St #1
Sweet deal!
This listing is 28% below the median price for 1 bedroom apartments in Church Row Historic.
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 $450, Rent $450 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.
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 #1 compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- More space
- The 1-bedroom is 164 sqft larger than other listings nearby
Address details
| Neighborhood | Church Row Historic |
|---|---|
| Zip code | 50701 |
| Type | Apartment for rent |
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Rent trends in Church Row Historic
1-bedroom apartments at 408 Locust St #1 cost about 28% less than the average rent price for 1-bedroom apartments in Waterloo.
Median rents as of Jun 13 2026.
Church Row Historic
Waterloo
| Month | Median Rent |
|---|---|
| June 2024 | $650 |
| July 2024 | $791 |
| August 2024 | $730 |
| September 2024 | $708 |
| October 2024 | $675 |
| November 2024 | $655 |
| December 2024 | $656 |
| January 2025 | $650 |
| February 2025 | $650 |
| March 2025 | $652 |
| April 2025 | $653 |
| May 2025 | $660 |
| June 2025 | $652 |
| July 2025 | $657 |
| August 2025 | $667 |
| September 2025 | $678 |
| October 2025 | $646 |
| November 2025 | $660 |
| December 2025 | $643 |
| January 2026 | $650 |
| February 2026 | $650 |
| March 2026 | $650 |
| April 2026 | $659 |
| May 2026 | $650 |
| June 2026 | $650 |
| Month | Median Rent |
|---|---|
| June 2024 | $600 |
| July 2024 | $596 |
| August 2024 | $599 |
| September 2024 | $597 |
| October 2024 | $600 |
| November 2024 | $600 |
| December 2024 | $612 |
| January 2025 | $614 |
| February 2025 | $583 |
| March 2025 | $584 |
| April 2025 | $590 |
| May 2025 | $581 |
| June 2025 | $607 |
| July 2025 | $599 |
| August 2025 | $600 |
| September 2025 | $598 |
| October 2025 | $575 |
| November 2025 | $600 |
| December 2025 | $600 |
| January 2026 | $612 |
| February 2026 | $605 |
| March 2026 | $606 |
| April 2026 | $600 |
| May 2026 | $605 |
| June 2026 | $625 |
Affordability calculator
Can I afford to live at 408 Locust St #1?
Bedrooms
1 bedroomRent-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
$18,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $18,000 annually to afford this 1-bedroom monthly rent price of $450.
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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Internet available near 408 Locust St #1
Neighborhood
Church Row Historic | Waterloo, IA
Getting around Waterloo near 408 Locust St #1
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 #1, 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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