Listed 5+ Days Ago
Location
542 Kern St, Waterloo, IA 50703, USA|Riverfront
Tour 542 Kern St
Contact
Blue Water Investment Group (formerly MCH Investments)
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 542 Kern St
542 Kern St cost $1,050 per month. Located at 542 Kern St, Waterloo, IA 50703, USA, this unit has 3 bedrooms and 1 bathroom. Based on the average rent price of 3 bedrooms in Waterloo, renting this apartment is 5% more expensive per month.
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 542 Kern St compares to other nearby properties.
Positives
- Grocery store nearby
- Only 0.6 miles from the nearest store
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.3 miles away
Address details
| Neighborhood | Riverfront |
|---|---|
| Zip code | 50703 |
| Type | House for rent |
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Rent trends in Riverfront
3-bedroom apartments at 542 Kern St cost about 27% more than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of Oct 3 2026.
Riverfront
Waterloo
| Month | Median Rent |
|---|---|
| October 2024 | $1,075 |
| November 2024 | $1,044 |
| December 2024 | $1,009 |
| January 2025 | $1,050 |
| February 2025 | $1,062 |
| March 2025 | $1,075 |
| April 2025 | $1,005 |
| May 2025 | $1,013 |
| June 2025 | $1,062 |
| July 2025 | $1,065 |
| August 2025 | $1,075 |
| September 2025 | $1,090 |
| October 2025 | $1,090 |
| November 2025 | $1,032 |
| December 2025 | $1,000 |
| January 2026 | $1,003 |
| February 2026 | $1,045 |
| March 2026 | $1,079 |
| April 2026 | $1,033 |
| May 2026 | $1,064 |
| June 2026 | $1,100 |
| July 2026 | $1,084 |
| August 2026 | $1,055 |
| September 2026 | $1,031 |
| October 2026 | $1,000 |
| Month | Median Rent |
|---|---|
| October 2024 | $875 |
| November 2025 | $1,008 |
| December 2025 | $986 |
| January 2026 | $855 |
| February 2026 | $825 |
Affordability calculator
Can I afford to live at 542 Kern St?
Bedrooms
3 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
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 3-bedrooms monthly rent price of $1,050.
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 months ago | $1,050 |
Schools near 542 Kern St
Lincoln Elementary School
302 cedar bend 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
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Internet available near 542 Kern St
Getting around Waterloo near 542 Kern St
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
7/10
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
2/10
There are a few mass transit options within the area.
Points of interest for 542 Kern St, Waterloo
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
3/10
Some bars within walking distance
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