Zumper

500 Wellington St
500 Wellington St, Waterloo, IA 50701, USA

Apartment for rent
Monthly rent
$625
Beds1
Baths1
Sqft–
modified
Updated 7 Hours 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

  • Elementary school nearby
  • High school nearby

Great for

  • Social life

Units

500 Wellington St Waterloo, IA

New Listing

3

1 Bed

1 Bath

$625

Listed on 09/18/2026
Listed by Account Contact
Days on market: 1
1-BEDROOM UPPER APARTMENT – YOU PAY ELECTRIC ONLY – PRIVATE BALCONY Spacious 1-bedroom, 1-bath UPPER-LEVEL apartment in a solid brick 4-plex located in Waterloo's historic CHURCH ROW DISTRICT. Best of all, YOU PAY ELECTRIC ONLY! Heat, water, sewer, and garbage are included. PRIVATE BALCONY Enjoy your own PRIVATE BALCONY—a great outdoor space and a feature you don't find with every 1-bedroom apartment. YOU PAY ELECTRIC ONLY Owner pays HEAT, WATER, SEWER, AND GARBAGE. Resident pays electricity. HARDWOOD FLOORS & STORAGE The apartment features hardwood floors, a linen closet, window coverings, and kitchen appliances including refrigerator and stove/oven. HISTORIC CHURCH ROW LOCATION Located in Waterloo's historic Church Row District with easy access to the bus line, grocery shopping, restaurants, laundromats, convenience stores, downtown Waterloo, and other everyday services. GARAGE POSSIBLE Garage rental may be available for an additional monthly charge. Ask about current availability. PROPERTY FEATURES 1 Bedroom 1 Bathroom Upper-Level Unit Historic Church Row District Private Balcony Hardwood Floors Heat Included Water Included Sewer Included Garbage Included Resident Pays Electric Only Refrigerator Stove/Oven Linen Closet Window Coverings Controlled Access Cat Friendly Garage Rental Possible Easy Access to Bus Line Close to Shopping & Downtown NO APPLICATION FEE AVAILABLE NOW – FILL OUT A FREE APPLICATION AT RENT319. COM AND WE WILL CONTACT YOU TO SCHEDULE A SHOWING.

New Listing

1

1 Bed

1 Bath

$625

Listed on 09/18/2026
Listed by Account Contact
Days on market: 1
1-BEDROOM MAIN-FLOOR APARTMENT – YOU PAY ELECTRIC ONLY – PRIVATE PATIO Spacious 1-bedroom, 1-bath MAIN-FLOOR apartment in a solid brick 4-plex located in Waterloo's historic CHURCH ROW DISTRICT. Best of all, YOU PAY ELECTRIC ONLY! Heat, water, sewer, and garbage are included. PRIVATE PATIO Enjoy your own PRIVATE PATIO—an unusual bonus for a 1-bedroom apartment and a great spot to relax outdoors. YOU PAY ELECTRIC ONLY Owner pays HEAT, WATER, SEWER, AND GARBAGE. Resident pays electricity. HARDWOOD FLOORS & STORAGE The apartment features hardwood floors, a linen closet, window coverings, and kitchen appliances including refrigerator and stove/oven. HISTORIC CHURCH ROW LOCATION Located in Waterloo's historic Church Row District with easy access to the bus line, grocery shopping, restaurants, laundromats, convenience stores, downtown Waterloo, and other everyday services. GARAGE POSSIBLE Garage rental may be available for an additional monthly charge. Ask about current availability. PROPERTY FEATURES 1 Bedroom 1 Bathroom Main-Floor Unit Historic Church Row District Private Patio Hardwood Floors Heat Included Water Included Sewer Included Garbage Included Resident Pays Electric Only Refrigerator Stove/Oven Linen Closet Window Coverings Controlled Access Cat Friendly Garage Rental Possible On/Close to Bus Line Close to Shopping & Downtown NO APPLICATION FEE AVAILABLE NOW – FILL OUT A FREE APPLICATION AT RENT319. COM AND WE WILL CONTACT YOU TO SCHEDULE A SHOWING.

Occupied Units

Occupied

4

1 Bed

1 Bath

$600

Listed by 500 Wellington St - 4
Days on market: 823
1BR 1BA unit, upper level of a 4-plex. Hardwood floors, small patio. Water, sewer, garbage, and heat included. Please fill out an application and we will contact you for an appointment.

Amenities for 500 Wellington St

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

Building
  • Storage
  • Controlled Access
  • Garage Parking
  • Outdoor Space
Unit Amenities
  • Balcony
  • Hardwood Floor
  • Cable

Policies at 500 Wellington St

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Questions about this property’s policies and fees?

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About 500 Wellington St

HomeApartments in WaterlooChurch Row Historic 500 Wellington St #3, Waterloo, IA 50701, USA

Interested in leasing 500 Wellington St, Waterloo, IA 50701, USA? Currently, 500 Wellington 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 500 Wellington 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 500 Wellington St, Waterloo, IA 50701, USA.

Address details

Units3
Units available2
Neighborhood
City
Zip code50701

500 Wellington St #3 is great for:

Social life

  • Areas nearby are accessible by walking
  • Diverse age groups live in this area
  • 18 theaters, music venues, or sports arenas nearby
  • A bustling neighborhood

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 500 Wellington St, Waterloo, IA 50701, USA compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
High school nearby
There is a high school 1 mile away

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away

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Rent trends in Waterloo

1-bedroom apartments here are priced about the same as 1-bedrooms in Church Row Historic.

Median rents as of Sep 12 2026.
Church Row Historic
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
September 2024$1,150
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
May 2026$700
June 2026$606
July 2026$825
August 2026$736
September 2026$795
A table of studio rental data trends in Church Row Historic
MonthMedian Rent
December 2025$590
January 2026$550

Affordability calculator

Can I afford to live at 500 Wellington 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

$25,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $25,000 annually to afford this 1-bedroom median monthly rent price of $625.
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.
Check out the past listing prices for monthly rent at 500 Wellington St, Waterloo, IA.
9 months ago$6001 bed1 bath
2 years ago$6001 bed1 bath
2 years ago$5751 bed1 bath
2 years ago$5751 bed1 bath

Schools near 500 Wellington St #3

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 500 Wellington St

Walking

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

Driving

6/10
This area is close to freeways and has adequate 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 500 Wellington St, Waterloo

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

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

Nightlife

4/10
Some bars within walking distance

Explore the area around 500 Wellington St

Guddi Mart
506 Byron Ave
Balkan Grocery
1816 Williston Ave
S International Market
822 Laporte Rd
Mooroo
3015 Kimball Ave
Hy-Vee
2834 Ansborough Ave

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