5+ Days Ago
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723 W 5th St, Waterloo, IA 50702, USA|Church Row Historic
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About 723 W 5th St
2 BR town home. All new paint, flooring, and appliances. Tenant responsible for all utilities. Off street parking.
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 723 W 5th St compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Church Row Historic |
|---|---|
| Zip code | 50702 |
| Type | House for rent |
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Rent trends in Church Row Historic
2-bedroom apartments at 723 W 5th St cost about the same as the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Jan 17 2026.
Church Row Historic
Waterloo
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $837 |
| January 2026 | $816 |
| Month | Median Rent |
|---|---|
| February 2024 | $650 |
| March 2024 | $670 |
| April 2024 | $700 |
| May 2024 | $771 |
| June 2024 | $730 |
| July 2024 | $665 |
| August 2024 | $717 |
| September 2024 | $772 |
| October 2024 | $775 |
| November 2024 | $745 |
| December 2024 | $731 |
| January 2025 | $740 |
| February 2025 | $712 |
| March 2025 | $709 |
| April 2025 | $703 |
| May 2025 | $700 |
| June 2025 | $718 |
| July 2025 | $692 |
| August 2025 | $699 |
| September 2025 | $717 |
| October 2025 | $757 |
| November 2025 | $760 |
| December 2025 | $759 |
| January 2026 | $733 |
Affordability calculator
Can I afford to live at 723 W 5th St?
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 723 W 5th St
Lowell Elementary School
1628 washington st
waterloo, IA, 50702
PK, K-5Public
C-
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Internet available near 723 W 5th St
Neighborhood
Church Row Historic | Waterloo, IA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Waterloo near 723 W 5th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is close to freeways and has adequate parking options.
Points of interest for 723 W 5th St, Waterloo
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
No high schools within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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- dogs and cats ok
- on-site laundry
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- on-site laundry
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