Zumper
modified
3 Days Ago

Highlights

  • Prime location
  • Snow removal services
  • Fridge and stove included
  • Cozy apartment
  • Easy access

Location

723 W 1st St, Waterloo, IA 50701, USA|Church Row Historic
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Contact

Management

Martin Inc Realtors

Leasing office

(319) 235-6553

Property Overview

This property at 723 W 1st St features a prime location with excellent accessibility and notable amenities, including included appliances and snow removal services. It holds a strong Zumper expert rating of 8.6, reflecting its competitive pricing and exceptional quality, which places it in the 96.97 percentile for value in the area. Additionally, it is recognized for its pet-friendly outdoor spaces, enhancing its appeal for a diverse range of renters.

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

8.6
Very Good
With 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.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • High school nearby

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath844 sqft$625 /mo1 unit availableWelcome 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! Apply online at www RentWithMartin com and be approved to schedule a showing! *Office open by appointment only*

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Amenities for 723 W 1st St

Appliances

RangeRefrigerator

Building

Cats OK

Grounds

Outdoor Space

Services

Lawn CareSnow 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

Base Rent

Monthly rent payment

$625

OPTIONAL FEES

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Cat

Pet Rent

Monthly. 1 cat max.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About 723 W 1st St

HomeApartments in WaterlooChurch Row Historic 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! Apply online at www RentWithMartin com and be approved to schedule a showing! *Office open by appointment only*


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 Good
With 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.
How we rated 723 W 1st St
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:

Pet owners

  • Outdoor spaces are available at this property
  • Pet deposit required

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 18% less than the average rent price for 2-bedroom apartments in Church Row Historic.

Median rents as of Oct 18 2025.
Church Row Historic
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
November 2023$661
December 2023$761
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$1,037
A table of studio rental data trends in Church Row Historic
MonthMedian 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 W 1st St?

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

$25,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $25,000 annually to afford this 2-bedrooms monthly rent price of $625.
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 W 1st St

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 W 1st St, 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 W 1st St

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

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