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709 W 3rd St offers an overall Zumper expert rating of 8.8, highlighting its great value and amenities, which are rated 10 out of 10. The property boasts notable features such as a private entrance and an open-concept layout, combined with exceptional location ratings at 9 out of 10, ensuring convenient access to schools and local attractions. Additionally, its price rating of 10 out of 10 indicates a competitive balance between cost and value, making it a standout option for renters.
Things you’ll love
Less expensiveElementary school nearbyHigh school nearbyGreat for
Work-from-home| 1BR/1.0BA | 1 bed | 1 bath | $650 /mo | 1 unit available | Discover this charming lower-level 1-bedroom, 1-bath apartment tucked just blocks from the vibrant heart of downtown Waterloo and the scenic Cedar River. The open-concept layout maximizes space, with a movable kitchen island adding flexibility for your culinary adventures or work-from-home setup. You’ll also enjoy the convenience of off-street parking right out the front door. The property is location is convenient for multiple reasons: - Proximity to downtown Waterloo means access to culture, food, events—so the “walk-to” factor is real. - Near the Cedar River: nice for scenic walks, maybe some light-outdoor time even in fall (bundle up). - The property is located in a quiet part of the city. Utilities: Tenant responsible for MidAmerican Energy (must be in tenant's name) Monthly Fee: $35/month - covers water, trash service, snow removal, monthly pest control, and 24/7 access to the online resident portal for maintenance requests and rent payments This apartment blends comfort, convenience, and modern living—all within walking distance of Waterloo’s downtown amenities. Exterior renovations coming Spring 2026! | ||
| 2BR/1.0BA | 2 bed | 1 bath | $725 /mo | 1 unit available | This 2nd floor apartment offers two spacious bedrooms and a full bathroom. The apartment is equipped with baseboard heating, ensuring a cozy atmosphere during the colder months. Tenants have the flexibility to supply their own window AC units for personalized comfort during the warmer seasons. The property boasts a newly laid blacktop parking lot, providing ample space for your vehicles. The exterior of the property is scheduled for upcoming renovations, promising to enhance the overall aesthetic and appeal of your living environment. This 2-bedroom apartment is perfect for those seeking a comfortable and convenient living space for you and your furry friends in the heart of Waterloo. This unit has a private entrance at the back of the property! Owner provides the electric cooktop, fridge, lawn care, snow removal, garbage and monthly preventative pest control treatments! Tenants are responsible for MidAmerican Energy and $35 monthly water fee. Pets are welcome with appropriate documentation and monthly fee. Contact us today for a showing or go to our website to view this property and more! 224 Byron Ave, Waterloo, IA 50702 (319) 242-3020 www mgtpm com |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Baseboard Heat |
| Open Concept Layout | Stove Top |
Appliances
| Fridge | Range |
| Refrigerator | Stove |
Grounds
| Off-Street Parking |
Other
| Lower Level |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 7 |
|---|
Discover this charming lower-level 1-bedroom, 1-bath apartment tucked just blocks from the vibrant heart of downtown Waterloo and the scenic Cedar River. The open-concept layout maximizes space, with a movable kitchen island adding flexibility for your culinary adventures or work-from-home setup. You’ll also enjoy the convenience of off-street parking right out the front door. The property is location is convenient for multiple reasons: - Proximity to downtown Waterloo means access to culture, food, events—so the “walk-to” factor is real. - Near the Cedar River: nice for scenic walks, maybe some light-outdoor time even in fall (bundle up). - The property is located in a quiet part of the city. Utilities: Tenant responsible for MidAmerican Energy (must be in tenant's name) Monthly Fee: $35/month - covers water, trash service, snow removal, monthly pest control, and 24/7 access to the online resident portal for maintenance requests and rent payments This apartment blends comfort, convenience, and modern living—all within walking distance of Waterloo’s downtown amenities. Exterior renovations coming Spring 2026!
How 709 W 3rd St compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 8% higher than 1-bedrooms in Church Row Historic.
If you decide to upgrade your space, you can expect 2-bedrooms at 709 W 3rd St to be on par with the average for similarly sized apartments in Church Row Historic.
| Month | Median 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 |
| Month | Median Rent |
|---|---|
| April 2024 | $500 |
| May 2024 | $500 |
| December 2025 | $590 |
| January 2026 | $550 |
Can I afford to live at 709 W 3rd St?
Bedrooms
Rent-to-income ratio
30%
$26,000/yr
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