18 Hours Ago
Highlights
Pet Friendly
Location
537 Reed Street, Waterloo, Iowa 50703, United States|Common Grounds
Tour 537 Reed Street
Contact
Fischels Holdings LLC
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Amenities for 537 Reed Street, Common Grounds
Appliances
| Range | Refrigerator |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 537 Reed Street
Sweet deal!
This listing is 16% below the median price for 2 bedroom apartments in Common Grounds.
2 Bedroom, 1 Bath Single Stall Detached garage off alley Hardwood Flooring in living room and both bedrooms. Stove and Refrigerator Furnished Unfinished basement with washer/dryer hookups Close to Allen Hospital, grocery, gas and Dollar Tree stores Tenant pays all utilities and is responsible for lawn care and snow removal 1 year lease 750.00 Rent and 750.00 Security Deposit Schools: Lincoln Elementary, George Washington Carver, Waterloo East Pets considered for additional charge Showing set up with approved application. No charge applications online at cedarvalley4rent. com Call Deb with questions at 319-240-1313
Address details
| Neighborhood | Common Grounds |
|---|---|
| Zip code | 50703 |
| Type | House for rent |
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Rent trends in Common Grounds
2-bedroom apartments at 537 Reed Street cost about 16% less than the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Nov 22 2025.
Common Grounds
Waterloo
| Month | Median Rent |
|---|---|
| December 2023 | $790 |
| January 2024 | $800 |
| February 2024 | $750 |
| March 2024 | $770 |
| April 2024 | $806 |
| May 2024 | $850 |
| June 2024 | $842 |
| July 2024 | $867 |
| August 2024 | $879 |
| September 2024 | $875 |
| October 2024 | $850 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $775 |
| February 2024 | $750 |
| November 2024 | $825 |
| December 2024 | $822 |
| January 2025 | $834 |
| March 2025 | $895 |
| April 2025 | $895 |
Affordability calculator
Can I afford to live at 537 Reed Street?
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.
Schools near 537 Reed Street
Lincoln Elementary School
302 cedar bend st
waterloo, IA, 50703
PK, K-5Public
C-
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Internet available near 537 Reed Street
Neighborhood
Common Grounds | Waterloo, IA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Waterloo near 537 Reed Street
Walking
4/10
Some shops and stores are within a few minutes.
Driving
7/10
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
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 537 Reed Street, Waterloo
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
2/10
Few or no bars within walking distance
Explore the area around 537 Reed Street
Hy-Vee
2181 Logan Ave
City of Waterloo-Public Market
327 W 3rd St
Balkan Grocery
1816 Williston Ave
Guddi Mart
506 Byron Ave
S International Market
822 Laporte Rd
Young & Fresh Fashion
1419 Logan Ave
Family Dollar
611 Broadway St
Tricity
305 E 4th St
Tri City Clothing
305 E 4th St
Oh So in Boutique
221 W 4th St
Sidecar Coffee
21 W Jefferson St
US Coffee & Tea
207 Ansborough Ave
Fat Cup Coffee Company
37 Fletcher Ave
Caribou Coffee at Hy-Vee
3700 University Ave
Cabin Coffee
2040 Kimball Ave
Brendas Park Road Inn
306 Park Rd
Jameson's
310 E 4th St
Screaming Eagle American Bar
228 E 4th St
Daq King
632 Sycamore St
Broken Record
315 W 4th St
Ajla's Bakery & Grocery
1206 W 9th St
Bambinos Sweet & Fluffy Cookie Creations LLC
1445 Ansborough Ave
Cakes & Bakes By Amber
Cakes By Isabel
129 Prospect Cir
Nothing Bundt Cakes
2775 Crossroads Blvd
Flip's
921 Broadway St
Brothers Fried Chicken
926 Linn St
Tortas Y Tacos Delvalle
602 Broadway St
Pick Up N Go
548 Conger St
Taco Bell
2065 Logan Ave
Allen Hospital - Dr Offices
East - GREEN
Broadway St and Center St
East - GREEN
Columbia St and W Donald St
East - GREEN
North Crossing UnityPoint Clinic
East - ORANGE
HyVee at Logan Ave
East - GREEN, East - ORANGE
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