23 Minutes Ago
Location
723 West 1st Street, Waterloo, Iowa 50701, United States|Church Row Historic
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Property Overview
723 W 1st St stands out with a notable prime location and impressive amenities, earning high ratings across the board—including an expert rating of 8.6. Its competitive pricing reflects excellent value, particularly for its features like snow removal services and included appliances. Additionally, the property is recognized for its pet-friendly environment, enhancing its appeal for those seeking a convenient and comfortable living experience.
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.
Things you’ll love
Less expensive- Elementary school nearby
- High school nearby
Great for
Pet owners
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 844 sqft | $595 /mo | 1 unit available | Welcome to our charming 2-bedroom, 1-bathroom apartment located in the heart of Waterloo, IA. Apply on Martin Realtors direct website and be approved for a showing! This cozy apartment comes equipped with a fridge and stove included with rent, making meal prep a breeze. Enjoy the convenience of lawn care and snow removal services included, allowing you to relax and enjoy your surroundings. With its prime location within walking distance from downtown, you'll have easy access to shopping, dining, and entertainment options. Cat(s) allowed with additional pet application approval and one time non refundable pet fee. Don't miss out on this fantastic opportunity to call this apartment home! You will need to fill out an application and be APPROVED prior to scheduling a viewing with our office- to fill out an application, go to www RentWithMartin com and click "Apply Now" on the property you are interested in, ** Apps may be moved to other units should you not like the one you picked in person or it gets rented by another party. Once the application is complete we will schedule a showing time with you! Looking to improve your credit this year? Renting with Martin Realtors and paying rent on time will increase your score!! At Martin Inc Realtors, we believe in fair and accessible housing for all. Approved applicants who choose to rent with us and meet the current HUD low-income limits for the Waterloo–Cedar Falls area will have their application fee refunded as a rent credit applied toward their first month’s rent upon move-in. |
Let's explore this property.
Amenities for 723 W 1st St
Appliances
| Range | Refrigerator |
Building
| Cats OK |
Grounds
| Outdoor Space |
Services
| Lawn Care | Snow Removal Included |
Neighborhood
| Walking Distance from Downtown |
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
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 723 W 1st St
Welcome to our charming 2-bedroom, 1-bathroom apartment located in the heart of Waterloo, IA. Apply on Martin Realtors direct website and be approved for a showing! This cozy apartment comes equipped with a fridge and stove included with rent, making meal prep a breeze. Enjoy the convenience of lawn care and snow removal services included, allowing you to relax and enjoy your surroundings. With its prime location within walking distance from downtown, you'll have easy access to shopping, dining, and entertainment options. Cat(s) allowed with additional pet application approval and one time non refundable pet fee. Don't miss out on this fantastic opportunity to call this apartment home! You will need to fill out an application and be APPROVED prior to scheduling a viewing with our office- to fill out an application, go to www RentWithMartin com and click "Apply Now" on the property you are interested in, ** Apps may be moved to other units should you not like the one you picked in person or it gets rented by another party. Once the application is complete we will schedule a showing time with you! Looking to improve your credit this year? Renting with Martin Realtors and paying rent on time will increase your score!! At Martin Inc Realtors, we believe in fair and accessible housing for all. Approved applicants who choose to rent with us and meet the current HUD low-income limits for the Waterloo–Cedar Falls area will have their application fee refunded as a rent credit applied toward their first month’s rent upon move-in.
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 723 W 1st St is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 723 W 1st St has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
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, 723 W 1st St is a great option for renters looking for apartments in Church Row Historic. 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·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.
723 W 1st St goes above and beyond to provide sought-after conveniences and desirable perks, including cats allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 723 W 1st St 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.
723 W 1st St 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·9A 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.
723 W 1st St has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
723 W 1st St is great 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 723 W 1st St compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.4 mile away
- High school nearby
- There is a high school 1 mile away
- Outdoor space
- Easy access to the outdoors
- Pet friendly
- This property allows pets
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Church Row Historic
2-bedroom apartments at 723 W 1st St cost about 23% less than the average rent price for 2-bedroom apartments in Church Row Historic.
Median rents as of Nov 29 2025.
Church Row Historic
Waterloo
| Month | Median Rent |
|---|---|
| December 2023 | $828 |
| January 2024 | $727 |
| February 2024 | $654 |
| March 2024 | $635 |
| 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 |
| Month | Median Rent |
|---|---|
| January 2024 | $503 |
| February 2024 | $550 |
| March 2024 | $543 |
| April 2024 | $500 |
| May 2024 | $500 |
Affordability calculator
Can I afford to live at 723 West 1st Street?
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
$23,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $23,800 annually to afford this 2-bedrooms monthly rent price of $595.
For more information on rent affordability, visit our rent calculator.
Schools near 723 W 1st St
Irving Elementary School
1115 w 5th st
waterloo, IA, 50702
PK, K-5Public
C
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Internet available near 723 W 1st 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 West 1st Street
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 723 West 1st Street, Waterloo
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
1/10
No high schools within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 723 West 1st Street
City of Waterloo-Public Market
327 W 3rd St
Guddi Mart
506 Byron Ave
Balkan Grocery
1816 Williston Ave
S International Market
822 Laporte Rd
Mooroo
3015 Kimball Ave
Oh So in Boutique
221 W 4th St
Shoe Heaven
209 W 5th St
Varsity Formal Wear
1216 Commercial St
Tricity
305 E 4th St
Tri City Clothing
305 E 4th St
Sidecar Coffee
21 W Jefferson St
Fat Cup Coffee Company
37 Fletcher Ave
Cabin Coffee
2040 Kimball Ave
Starbucks
2123 Kimball Ave
US Coffee & Tea
207 Ansborough Ave
Broken Record
315 W 4th St
The Loft
710 Jefferson St
Cafe Bar Elite
1108 Jefferson St
Daq King
632 Sycamore St
Screaming Eagle American Bar
228 E 4th St
Ajla's Bakery & Grocery
1206 W 9th St
Cakes By Isabel
129 Prospect Cir
Cakes & Bakes By Amber
Bambinos Sweet & Fluffy Cookie Creations LLC
1445 Ansborough Ave
Nothing Bundt Cakes
2775 Crossroads Blvd
Jimmy John's
21 W Jefferson St
West Side Liquor
919 W 5th St
Carpenter's Diner
518 Jefferson St
La Placita Taqueria
321 W 4th St
Doughy Joey's Peetza Joynt
300 W 4th St
W Park Ave and South St
West - BLUE, West Loop - GREY
W 3rd St and Locust St
West - BLUE, West Loop - GREY
W 4th St and Locust St
West - BLUE
W 5th St and Allen St
West - RED
W 6th St and Commercial St
West - RED, Crossroads/La Porte Road - TAN, Crossroads/West 11th Street - TAN, West Loop - GREY
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