Zumper
modified
5+ Days Ago

Highlights

  • Large master bedroom
  • On and off-street parking
  • Pet-friendly
  • Optional laundry hookups
  • Tall ceilings
  • Spacious dining room

Location

Waterloo, IA 50701, USA
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Contact

Management

Mgt Property Management Co

Leasing office

(319) 427-6890 ext. 2

Property Overview

Mullan Townhomes is an attractive rental option, achieving a Zumper expert rating of 8.8, reflecting its strong overall appeal. The property excels in price and amenities, with both receiving perfect scores, showcasing a competitive value for its features and a high standard of living. Its prime location near top-rated schools enhances the experience, and the transparency in the property’s description builds trust with prospective renters.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, Mullan Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Mullan Townhomes 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
  • Less expensive

Floor plans

2BR/1.0BA2 bed1 bath918 sqft$750–$770 /mo2 units availableWelcome to Mullan Townhomes! This two-bedroom, one-bathroom townhome offers a unique blend of comfort and convenience. The property is pet-friendly, allowing you to enjoy the company of your furry friends. The townhome features a large master bedroom, tall ceilings, and a spacious dining room that looks over the family room, perfect for hosting gatherings! This space is full of natural lighting! The front and back entry provide easy access to the property also includes both on and off-street parking options, ensuring ample space for your vehicles. For your storage needs, the property offers optional laundry hookups and basement storage space, providing you with the flexibility to install your own laundry appliances. Please note that tenant(s) are responsible for supplying their own window AC and paying all utilities. Call today to schedule a showing! 319.242.3020 ****

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Amenities for Mullan Townhomes

Apartment Amenities

Air ConditioningHigh Ceiling
High CeilingsLarge Master Bedroom
Spacious Dining RoomTenant Pays All Utilities

Appliances

Stove and Fridge

Building

Onsite Laundry

Grounds

Storage

Other

On and Off Street Parking
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

Units18
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About Mullan Townhomes

HomeApartments in Waterloo Mullan Townhomes

Welcome to Mullan Townhomes! This two-bedroom, one-bathroom townhome offers a unique blend of comfort and convenience. The property is pet-friendly, allowing you to enjoy the company of your furry friends. The townhome features a large master bedroom, tall ceilings, and a spacious dining room that looks over the family room, perfect for hosting gatherings! This space is full of natural lighting! The front and back entry provide easy access to the property also includes both on and off-street parking options, ensuring ample space for your vehicles. For your storage needs, the property offers optional laundry hookups and basement storage space, providing you with the flexibility to install your own laundry appliances. Please note that tenant(s) are responsible for supplying their own window AC and paying all utilities. Call today to schedule a showing! 319.242.3020 ****


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Mullan Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Mullan Townhomes 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 Mullan Townhomes
Price·10A 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.
Mullan Townhomes offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A 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.
Mullan Townhomes stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Mullan Townhomes 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 Mullan Townhomes does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 Mullan Townhomes compares to other nearby properties.

Positives

High school nearby
There is a high school 0.5 mile away
Middle school nearby
There is a middle school 0.4 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Waterloo

2-bedroom apartments at Mullan Townhomes cost about 12% less than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Apr 11 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
April 2024$525
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$696
April 2026$849

Affordability calculator

Can I afford to live at Waterloo?

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

$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 Mullan Townhomes

Kingsley Elementary School

201 sunset rd

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 Mullan Townhomes

Neighborhood

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

Getting around IA 50701 near Waterloo

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
FYI, there are little to no public transit options within walking distance.

Points of interest for Waterloo, IA 50701

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

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