Zumper
modified
5+ Days Ago

Highlights

  • All utilities included
  • Private back yard
  • Patio
  • Two-stall shared garage
  • Newer appliances

Location

527 Downing Ave, Waterloo, IA 50701, USA
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Contact

Management

Caliber Group Property Management Co.

Leasing office

(319) 348-1193 ext. 2

Property Overview

527 Downing receives an overall Zumper expert rating of 8.3, reflecting its strong appeal to renters due to its competitive price and excellent amenities, both rated 9 out of 10. Its location is also highly regarded, providing convenient access to essential services within a short distance. Notably, the property includes all utilities, a private back yard with a patio, and a two-stall shared garage, enhancing the living experience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 527 Downing is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 527 Downing has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Outdoor space

Floor plans

2BR/1.0BA2 bed1 bath$1,000 /mo1 unit availableThis apartment feels like a house with all of the amenities! All utilities included. There is a two-stall shared garage, private back yard all to yourself complete with a patio and a fence! Newer appliances including washer and dryer and lots of updates, don't miss this one! Tenant is responsible for lawn care

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Amenities for 527 Downing

Apartment Amenities

Utilities Included
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
Building details

Property details

Units2
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About 527 Downing

HomeApartments in Waterloo 527 Downing

This apartment feels like a house with all of the amenities! All utilities included. There is a two-stall shared garage, private back yard all to yourself complete with a patio and a fence! Newer appliances including washer and dryer and lots of updates, don't miss this one! Tenant is responsible for lawn care


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 Good
With a solid 8.3 out of 10 overall, 527 Downing is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 527 Downing has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 527 Downing
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.
527 Downing 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.
527 Downing goes above and beyond to provide sought-after conveniences and desirable perks, including utilities included. Renters looking for popular or luxurious features will find them here—and for that reason, 527 Downing 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.
527 Downing 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 527 Downing 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.
527 Downing 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.

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 527 Downing compares to other nearby properties.

Positives

Outdoor space
Easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 2 miles away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Waterloo

2-bedroom apartments at 527 Downing cost about 18% more than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Nov 29 2025.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian 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

Affordability calculator

Can I afford to live at 527 Downing Ave?

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

$40,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 2-bedrooms monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.

Schools near 527 Downing

Becker Elementary School

1239 sheldon st

waterloo, IA, 50701

PK, K-5Public
C-
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Internet available near 527 Downing

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Waterloo near 527 Downing Ave

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 527 Downing Ave, Waterloo

Groceries

1/10
No grocery stores within walking distance

Shopping

3/10
Some shops within walking distance

Cafes

4/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

2/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 527 Downing Ave

City of Waterloo-Public Market
327 W 3rd St
Guddi Mart
506 Byron Ave
Hy-Vee
2834 Ansborough Ave
Mooroo
3015 Kimball Ave
Balkan Grocery
1816 Williston Ave

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