5+ Days Ago
Highlights
- Off-street parking
- Flooring
- Living room
- Tall ceilings
- Dining room
Location
505 Wellington St, Waterloo, IA 50701, USA|Church Row Historic
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Property Overview
505 Wellington St scores an impressive 8.3 out of 10 from Zumper, highlighting its exceptional balance of price, amenities, and location, all rated 9 out of 10. The property features off-street parking, tall ceilings, and ample natural lighting, complemented by a quiet atmosphere ideal for remote work. Additionally, it demonstrates transparency and trustworthiness with a 7 out of 10 trustworthiness rating, reinforcing its appeal to potential 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.
Things you’ll love
Elementary school nearby- High school nearby
Great for
Work-from-home
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $850 /mo | 1 unit available | Showings starting as early as 9/24/2025! Discover the perfect blend of historic charm and modern comfort in this spacious 2-bedroom, 1-bath apartment featuring tall ceilings, large windows, and original details throughout. The home showcases preserved wood floors, vintage doors, and original tile in the common areas, creating a warm, character-rich atmosphere. A fully renovated bathroom offers modern style and convenience, while the kitchen comes equipped with a brand-new stove and refrigerator. Located in an up-and-coming building with exterior updates planned, this apartment offers both immediate comfort and future value. Don’t miss the opportunity to live in a space that feels truly special—schedule a tour today! Tenants responsible for window AC, Waterloo Waterworks and MidAmerican. |
Let's explore this property.
Amenities for 505 Wellington St
Appliances
| Fridge | Range |
| Refrigerator | Stove |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 7 |
|---|
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About 505 Wellington St
Showings starting as early as 9/24/2025! Discover the perfect blend of historic charm and modern comfort in this spacious 2-bedroom, 1-bath apartment featuring tall ceilings, large windows, and original details throughout. The home showcases preserved wood floors, vintage doors, and original tile in the common areas, creating a warm, character-rich atmosphere. A fully renovated bathroom offers modern style and convenience, while the kitchen comes equipped with a brand-new stove and refrigerator. Located in an up-and-coming building with exterior updates planned, this apartment offers both immediate comfort and future value. Don’t miss the opportunity to live in a space that feels truly special—schedule a tour today! Tenants responsible for window AC, Waterloo Waterworks and MidAmerican.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 505 Wellington St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 505 Wellington St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
505 Wellington St 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·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.
505 Wellington St goes above and beyond to provide sought-after conveniences and desirable perks, including fridge. Renters looking for popular or luxurious features will find them here—and for that reason, 505 Wellington 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.
505 Wellington 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·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 505 Wellington St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
505 Wellington St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
505 Wellington 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 505 Wellington St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Church Row Historic
2-bedroom apartments at 505 Wellington St cost about 11% more than the average rent price for 2-bedroom apartments in Church Row Historic.
Median rents as of Oct 18 2025.
Church Row Historic
Waterloo
| Month | Median 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 |
| 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 505 Wellington St?
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
$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 505 Wellington St
Irving Elementary School
1115 w 5th st
waterloo, IA, 50702
PK, K-5Public
C
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Internet available near 505 Wellington 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 505 Wellington St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 505 Wellington St, Waterloo
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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