Zumper
modified
1 Day Ago

Highlights

  • Flooring
  • Coin laundry
  • Dining room

Location

Waterloo, IA 50701, USA
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Contact

Management

Caliber Group Property Management Co.

Leasing office

(319) 349-2263 ext. 2

Property Overview

Le Chateau earns a strong overall rating, with especially high marks for price, amenities, and location, along with solid trustworthiness. It also offers practical advantages like value per square foot, access to nearby public transit and schools, and features such as flooring, coin laundry, and a dining room.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, Le Chateau is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Le Chateau 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

  • Middle school nearby
  • High school nearby
  • More space

Great for

  • Pet owners

Floor plans

2BR/1.5BA2 bed1.5 bath940 sqft$850 /mo3 units availableAvailable two bed, one and a half bath apartment is located in the heart of Waterloo just minutes away from shopping and restaurants. As you enter the apartment you will be welcomed by a good-sized living room that opens up to the dining room and kitchen. As you proceed into the hallway you will find a medium-sized bedroom, full bath and a master bedroom that also holds a small 1/2 bath. This property also features coin laundry on the main floor. This is a non-smoking property. Please or animals. Garage space is available for an additional monthly fee. -Monthly water fee of $35.00/mo -Tenant responsible for putting Mid-American in their name. To qualify, applicant(s) must: -Provide minimum of 1 landlord reference that is not a friend or family member -Minimum of 1 year of employment -Credit score over 600 -Income must be 3x monthly rent -No prior evictions or felonies Applicants that fall below above criteria are subject to application denial. *Pictures represent unit layout. Flooring, paint color and fixtures may differ*

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Amenities for Le Chateau

Apartment Amenities

BalconyLarge Living Room
Private BalconyTwo Bedrooms
Two-Bedroom

Appliances

FridgeOven
RefrigeratorStove

Building

Onsite Coin LaundryOnsite Laundry
Shared Onsite Laundry

Grounds

Assigned Parking

Neighborhood

Convenient LocationGreat Neighborhood
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

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units24
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About Le Chateau

HomeApartments in Waterloo Le Chateau

Available two bed, one and a half bath apartment is located in the heart of Waterloo just minutes away from shopping and restaurants. As you enter the apartment you will be welcomed by a good-sized living room that opens up to the dining room and kitchen. As you proceed into the hallway you will find a medium-sized bedroom, full bath and a master bedroom that also holds a small 1/2 bath. This property also features coin laundry on the main floor. This is a non-smoking property. Please or animals. Garage space is available for an additional monthly fee. -Monthly water fee of $35.00/mo -Tenant responsible for putting Mid-American in their name. To qualify, applicant(s) must: -Provide minimum of 1 landlord reference that is not a friend or family member -Minimum of 1 year of employment -Credit score over 600 -Income must be 3x monthly rent -No prior evictions or felonies Applicants that fall below above criteria are subject to application denial. *Pictures represent unit layout. Flooring, paint color and fixtures may differ*


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Le Chateau is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Le Chateau 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 Le Chateau
Price·9A 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.
Le Chateau stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
Le Chateau 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.
Le Chateau 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 Le Chateau 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.

Le Chateau is great for:

Pet owners

  • 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 Le Chateau compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
High school nearby
There is a high school 1 mile away
More space
The 2-bedroom is 89 sqft larger than other listings nearby
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Waterloo

2-bedroom apartments at Le Chateau cost about 3% more than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Jun 13 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
June 2024$1,100
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$836
May 2026$700
June 2026$606

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

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 2-bedrooms monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.

Schools near Le Chateau

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 Le Chateau

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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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Le Chateau.