Zumper
modified
Updated 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 earns a strong overall rating, with standout marks for location, value, amenities, and trustworthiness. It offers practical advantages like nearby schools, excellent value for the area, and features such as a large master bedroom, tall ceilings, spacious dining room, parking options, pet-friendly living, and optional laundry hookups.

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

Zumper Expert Rating

7.8
Very Good
Mullan Townhomes is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive
  • High school nearby
  • Middle school nearby

Great for

  • Work-from-home

Floor plans

2BR/1.0BA2 bed1 bath946 sqft$650 /mo1 unit availableWelcome home to this beautifully maintained townhome, blending timeless architectural charm with cozy, functional living spaces. From the moment you step up to the inviting front porch with its classic brick accents and crisp white columns, you’ll feel right at home. -Warm & Inviting Living Spaces: The spacious living room features dark wood floors contrasted beautifully by bright white trim. Large windows flood the space with natural light, creating a serene environment perfect for relaxing or entertaining. -Classic Built-in Dining Room: The dedicated dining area boasts a stunning, vintage-inspired white built-in hutch framing a window. With ample shelving for your favorite dishware or books and integrated cabinetry below, it perfectly balances historic charm with practical storage. -Bright & Functional Kitchen: A clean, crisp white kitchen offers a functional layout with plenty of cabinet space, a dual-basin stainless steel sink, and an open, airy view into the adjoining room. -Flexible Bedrooms & Spaces: The bedrooms feature the same gorgeous dark wood flooring and warm neutral tones found throughout the home. Whether you need a spacious primary bedroom, a cozy reading nook, a dedicated nursery, or a vibrant toddler’s playroom, these versatile spaces effortlessly adapt to your lifestyle. -Classic Bath with Character: The bathroom features timeless hexagonal floor tile, a clean white vanity, and built-in medicine cabinetry that maximizes space while honoring the home's original aesthetic. Schedule your tour today to see this gem in person!

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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 home to this beautifully maintained townhome, blending timeless architectural charm with cozy, functional living spaces. From the moment you step up to the inviting front porch with its classic brick accents and crisp white columns, you’ll feel right at home. -Warm & Inviting Living Spaces: The spacious living room features dark wood floors contrasted beautifully by bright white trim. Large windows flood the space with natural light, creating a serene environment perfect for relaxing or entertaining. -Classic Built-in Dining Room: The dedicated dining area boasts a stunning, vintage-inspired white built-in hutch framing a window. With ample shelving for your favorite dishware or books and integrated cabinetry below, it perfectly balances historic charm with practical storage. -Bright & Functional Kitchen: A clean, crisp white kitchen offers a functional layout with plenty of cabinet space, a dual-basin stainless steel sink, and an open, airy view into the adjoining room. -Flexible Bedrooms & Spaces: The bedrooms feature the same gorgeous dark wood flooring and warm neutral tones found throughout the home. Whether you need a spacious primary bedroom, a cozy reading nook, a dedicated nursery, or a vibrant toddler’s playroom, these versatile spaces effortlessly adapt to your lifestyle. -Classic Bath with Character: The bathroom features timeless hexagonal floor tile, a clean white vanity, and built-in medicine cabinetry that maximizes space while honoring the home's original aesthetic. Schedule your tour today to see this gem in person!


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.
7.8
/10
Very Good
Mullan Townhomes is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Mullan Townhomes
Price·8A 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.
Scoring a 8/10, Mullan Townhomes is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A 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.
With multiple in-demand amenities, Mullan Townhomes is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
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.

Mullan Townhomes is great for:

Work-from-home

  • Utilities included in the rent
  • Large windows for natural lighting
  • Quiet environment with little noise pollution
  • 1 internet service provider option nearby

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

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 0.5 mile away
Middle school nearby
There is a middle school 0.4 mile away

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 24% less than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Aug 22 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
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$836
May 2026$700
June 2026$606
July 2026$825
August 2026$721

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

$26,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this 2-bedrooms monthly rent price of $650.
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

Explore the area around Waterloo

Mooroo
3015 Kimball Ave
Hy-Vee
2834 Ansborough Ave
Fareway
40 W San Marnan Dr
Guddi Mart
506 Byron Ave
Sam's Club
210 E Tower Park Dr

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