Zumper
modified
5+ Days Ago

Highlights

  • Large closets in both bedrooms
  • Very spacious living room: 182 x 15
  • Washer and dryer unit in basement
  • Single stall detached garage

Location

721 Russell Rd, Waterloo, IA 50701, USA
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Contact

Management

Fischels Holdings LLC

Leasing office

(319) 240-1313

Property Overview

721 Russell has received an impressive Zumper expert rating of 8.3, indicating it's an excellent choice for renters, bolstered by a competitive price rating of 9. The property offers outstanding amenities, including spacious living areas and large closets, alongside a prime location with convenient access to schools and popular attractions. With a trustworthiness rating of 7, it reflects a strong commitment to transparency, showcasing its many positive features, including nearby top-rated schools and competitive value per square foot.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 721 Russell is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 721 Russell has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • More space

Floor plans

2BR/1.5BA2 bed1.5 bath994 sqft$925–$950 /mo2 units availableVery Spacious 2 bedroom, 1.5 bath Condo Dining room with sliding glass doors to a small patio area for outdoor eating or entertaining. Living room is a very spacious 18.2 x 15 Master Bedroom is 18 x 12.4 with a half bath off of this room. Very large closets in both bedrooms along with a large storage area off the living room and an additional storage closet in the hallway. This apartment includes a washer and dryer unit in the basement for your use only. (Not coin operated) as well as a single stall detached garage. Water, Sewer and Garbage included in rent. Tenant Pays Gas/Electric Rent 925.00 Deposit 925.00 No Pets Showings are scheduled with application on file. No Charge Applications are online at WWW CEDARVALLEY4RENT COM Call Deb Mon - Fri with ay questions at 319-240-1313

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Amenities for 721 Russell

Apartment Amenities

Dryer

Appliances

DishwasherIn-Unit Laundry
RangeRefrigerator
Stove

Other

Water, Sewer, & Garbage
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?

Building details

Property details

Units4
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About 721 Russell

HomeApartments in Waterloo 721 Russell

Very Spacious 2 bedroom, 1.5 bath Condo Dining room with sliding glass doors to a small patio area for outdoor eating or entertaining. Living room is a very spacious 18.2 x 15 Master Bedroom is 18 x 12.4 with a half bath off of this room. Very large closets in both bedrooms along with a large storage area off the living room and an additional storage closet in the hallway. This apartment includes a washer and dryer unit in the basement for your use only. (Not coin operated) as well as a single stall detached garage. Water, Sewer and Garbage included in rent. Tenant Pays Gas/Electric Rent 925.00 Deposit 925.00 No Pets Showings are scheduled with application on file. No Charge Applications are online at WWW CEDARVALLEY4RENT COM Call Deb Mon - Fri with ay questions at 319-240-1313


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 721 Russell is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 721 Russell has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 721 Russell
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
721 Russell stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
721 Russell goes above and beyond to provide sought-after conveniences and desirable perks, including dishwasher. Renters looking for popular or luxurious features will find them here—and for that reason, 721 Russell receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
721 Russell is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 721 Russell does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
721 Russell provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 721 Russell compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
More space
The 2-bedroom is 132 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen

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Rent trends in Waterloo

2-bedroom apartments at 721 Russell cost about 12% more than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Mar 14 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
March 2024$575
April 2024$518
May 2024$762
June 2024$918
July 2024$1,200
August 2024$1,200
September 2024$1,187
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$600

Affordability calculator

Can I afford to live at 721 Russell Rd?

Bedrooms

2 bedrooms

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

$37,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 2-bedrooms monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.

Schools near 721 Russell

Lou Henry Elementary School

312 rachael st

waterloo, IA, 50701

K-5Public
C+

Bess Streeter Aldrich Elementary School

2526 ashworth dr

cedar falls, IA, 50613

PK, K-6Public
A

Cedar Falls Virtual Campus

1002 w 1st st

cedar falls, IA, 50613

K-12Public
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Internet available near 721 Russell

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Waterloo near 721 Russell Rd

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 721 Russell Rd, Waterloo

Groceries

8/10
The nearest general grocery store is within a 10-minute walk.

Shopping

3/10
Some fashion stores are within walking distance.

Cafes

3/10
The closest café is within a 20-minute walk, and there are a few other cafés within walking distance.

Restaurants

4/10
Some restaurants are within walking distance.

Primary schools

9/10
At least one elementary school within a 5-to-10-minute walk.

High schools

9/10
At least one high school within a 5-to-10-minute walk.

Nightlife

2/10
The closest bar is within a 20-minute walk, and there are a few other bars within walking distance.

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