Updated 1 Day Ago
Location
5501 University Ave, Cedar Falls, IA 50613, USA
Tour 5501 University Ave
Contact
Caliber Group Property Management Co.
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Amenities for 5501 University Ave
Features
| Fireplace | Tenant Pays All Utilities |
| Two-Bedroom | Washer/Dryer Hookups |
Appliances
| Dishwasher | In-Unit Laundry |
| Range | Refrigerator |
Community
| Basement | Large Back Deck |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 5501 University Ave
Charming 2-bedroom, 1-bath home in Cedar Falls featuring a large back deck ideal for outdoor gatherings and a living room with a fireplace. The property includes an unfinished basement offering storage or potential for customization, and convenient washer and dryer hookup. Comfortable layout and practical features make this home a straightforward choice for those seeking functional space in a convenient location.
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 5501 University Ave compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Zip code | 50613 |
|---|---|
| Type | Condo for rent |
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Rent trends in Cedar Falls
2-bedroom apartments at 5501 University Ave cost about 18% less than the average rent price for 2-bedroom apartments in Cedar Falls.
Median rents as of Aug 29 2026.
Cedar Falls
| Month | Median Rent |
|---|---|
| September 2024 | $1,516 |
| October 2024 | $1,330 |
| November 2024 | $1,180 |
| December 2024 | $1,200 |
| January 2025 | $1,262 |
| February 2025 | $1,356 |
| March 2025 | $1,185 |
| April 2025 | $1,248 |
| May 2025 | $1,166 |
| June 2025 | $1,193 |
| July 2025 | $1,177 |
| August 2025 | $1,210 |
| September 2025 | $1,215 |
| October 2025 | $1,287 |
| November 2025 | $1,193 |
| December 2025 | $1,067 |
| January 2026 | $1,071 |
| February 2026 | $1,149 |
| March 2026 | $1,195 |
| April 2026 | $1,223 |
| May 2026 | $1,139 |
| June 2026 | $1,137 |
| July 2026 | $1,148 |
| August 2026 | $1,133 |
Affordability calculator
Can I afford to live at 5501 University Ave?
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
$36,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 2-bedrooms monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.
Schools near 5501 University Ave
Orchard Hill Elementary School
3909 rownd st
cedar falls, IA, 50613
PK, K-6Public
B+
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 5501 University Ave
Getting around Cedar Falls near 5501 University Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 5501 University Ave, Cedar Falls
Groceries
8/10
The nearest general grocery store is within a 5-minute walk, and there are also a few specialist food stores nearby.
Shopping
4/10
Some fashion stores are within walking distance.
Cafes
5/10
The closest café is within a 10-minute walk, and there are a few other cafés within walking distance.
Restaurants
5/10
Some restaurants are within walking distance.
Primary schools
7/10
The closest elementary school is within a 10-to-15-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Nightlife
3/10
The closest bar is within a 15-minute walk, and there are a few other bars within walking distance.
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