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Location

Waterloo, IA 50701, USA
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Tour 705 & 705.5 W 3rd St

Contact

Management

Mgt Property Management Co

Leasing office

(319) 229-7622 ext. 2

Floor plans

2BR/1.0BA2 bed1 bath1,088 sqft$920–$950 /mo2 units availableWelcome home to this beautifully updated, stylish duplex featuring clean lines, modern finishes, and light-filled spaces throughout. Property Highlights Spacious Living & Dining: Beautiful light wood-plank LVP flooring, crisp neutral walls, and dark contrast trim. Updated Kitchen: Features bright quartz countertops, black quartz sink, sleek faucet new cabinetry, new stove and new fridge! Two Cozy Bedrooms: both bedrooms provide ample space and lighting- both from the natural light and new LED lighting. Full Bathroom: Clean, modern design featuring a newly tiled walk-in shower and updated vanity! Basement is unfinished and perfect for extra storage space! Curbside Appeal: Striking modern exterior with dark vertical siding, wood-slat accent detail and crisp white front doors! Features & Amenities Off-street parking / concrete driveway. Tenant responsible for window AC, all utilities and snow removal. Owner handles lawncare. SEE - SIGN - SAVE IN SEPTEMBER!!! Sign a lease within 24 hours of your showing (pending approved application), live rent free in September!* *New tenant is still responsible for any applicable insurance, utility or pet fees. Contact us today to schedule a viewing! MGT Property Management **** 319.242.3020

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Amenities for 705 & 705.5 W 3rd St

Apartment Amenities

New CabinetsNew Fixtures
New Flooring

Appliances

New AppliancesStove and Fridge

Other

On and Off Street Parking
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

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About 705 & 705.5 W 3rd St

HomeApartments in Waterloo 705 & 705.5 W 3rd St

Welcome home to this beautifully updated, stylish duplex featuring clean lines, modern finishes, and light-filled spaces throughout. Property Highlights Spacious Living & Dining: Beautiful light wood-plank LVP flooring, crisp neutral walls, and dark contrast trim. Updated Kitchen: Features bright quartz countertops, black quartz sink, sleek faucet new cabinetry, new stove and new fridge! Two Cozy Bedrooms: both bedrooms provide ample space and lighting- both from the natural light and new LED lighting. Full Bathroom: Clean, modern design featuring a newly tiled walk-in shower and updated vanity! Basement is unfinished and perfect for extra storage space! Curbside Appeal: Striking modern exterior with dark vertical siding, wood-slat accent detail and crisp white front doors! Features & Amenities Off-street parking / concrete driveway. Tenant responsible for window AC, all utilities and snow removal. Owner handles lawncare. SEE - SIGN - SAVE IN SEPTEMBER!!! Sign a lease within 24 hours of your showing (pending approved application), live rent free in September!* *New tenant is still responsible for any applicable insurance, utility or pet fees. Contact us today to schedule a viewing! MGT Property Management **** 319.242.3020


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Rent trends in Waterloo

2-bedroom apartments at 705 & 705.5 W 3rd St cost about 12% more than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Sep 12 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
September 2024$1,150
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$736
September 2026$795

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

$36,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $36,800 annually to afford this 2-bedrooms monthly rent price of $920.
For more information on rent affordability, visit our rent calculator.

Schools near 705 & 705.5 W 3rd St

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 705 & 705.5 W 3rd St

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
Wide variety of groceries within a short drive, including some within walking distance

Shopping

5/10
Variety of shops within a short drive

Cafes

5/10
Variety of cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

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

5/10
Variety of bars within a short drive

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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