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5+ Days Ago
Highlights
Pet Friendly
- Non-smoking
- In-unit laundry
- High-end appliances
- Newly renovated
- Wood floors
- Urban downtown living
Location
718 Commercial St #203, Waterloo, IA 50701, USA|Downtown Waterloo
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Property Overview
Located in urban downtown Waterloo, this newly renovated 1-bedroom unit features high-end appliances, in-unit laundry, and wood floors, promoting a modern lifestyle. The property offers excellent value per square foot and is pet-friendly, with nearby outdoor spaces and pet supply stores. Additionally, a top-rated high school is conveniently located just over half a mile 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
High school nearby- More space
- Middle school nearby
Great for
Social life
Pet owners
Amenities for 718 Commercial St #203, Downtown Waterloo
Apartment Amenities
| Hardwood Floor |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
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.
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About 718 Commercial St #203
Thanks for your interest in our lofts, along with downtown Waterloo! All those listed on our website are currently available for immediate occupancy. Please click on the link for our listings on bottom of page, https www jsadevelopment com live-in-waterloo I would be happy to show you our apartments & lofts! We are a first come first serve company, units cannot be saved and should be prepared to move in with in two months of looking at units. All units are pet friendly! $100 non-refundable pet charge, cats are $30 per cat a month and dogs are $40 per dog per month. Tenants are responsible for all utilities. First month's rent and deposits are due at time of move in if approved. All JSA Development properties are non- smoking. An application fee of $25 is required, and a full background check is conducted during application process. I book appointments every 20mins, so pick a day and time that works and I will let you know if I have it available! Let me know what works best for you! Thanks again! I look forward to hearing from you. Newly renovated 1 bed room 1 bathroom with esthetic character. What once was of the old Fire Station #2 and the El Mecca Shrine Club, this unit has been restored and updated with all new high-end appliances, has in-unit laundry, wood floors, tile showers, in-laid ceiling lighting, and a private entrance and deck. This apartment boast everything that you are looking for in urban downtown living! Certified Historic Structure. Former Fire Station #2 and Shriner Club. Needs renovation. Probably surplus due to location and should be sold.
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 718 Commercial St #203 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- More space
- The 1-bedroom is 564 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 2 miles away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | Downtown Waterloo |
|---|---|
| Zip code | 50701 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in Downtown Waterloo
1-bedroom apartments at 718 Commercial St #203 cost about 26% less than the average rent price for 1-bedroom apartments in Waterloo.
Median rents as of Mar 7 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| March 2024 | $625 |
| April 2024 | $628 |
| May 2024 | $625 |
| June 2024 | $638 |
| 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 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,375 |
| April 2024 | $1,331 |
| May 2024 | $1,350 |
| June 2024 | $1,385 |
| July 2024 | $1,418 |
| August 2024 | $1,400 |
| September 2024 | $1,387 |
| October 2024 | $1,425 |
| November 2024 | $1,415 |
| December 2024 | $1,437 |
| January 2025 | $1,450 |
| February 2025 | $1,450 |
| March 2025 | $1,430 |
| April 2025 | $1,450 |
| May 2025 | $1,440 |
| June 2025 | $1,412 |
| July 2025 | $1,400 |
| August 2025 | $1,400 |
| September 2025 | $1,400 |
| October 2025 | $1,353 |
| November 2025 | $1,400 |
| December 2025 | $1,400 |
| January 2026 | $1,400 |
| February 2026 | $1,400 |
| March 2026 | $1,425 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $1,050 |
Schools near 718 Commercial St #203
Lowell Elementary School
1628 washington 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 718 Commercial St #203
Neighborhood
Downtown Waterloo | Waterloo, IA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Waterloo near 718 Commercial St #203
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
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 718 Commercial St #203, Waterloo
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
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
6/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
4/10
Some bars within walking distance
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Homes in Downtown Waterloo
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