Zumper
modified
Updated 5+ Days Ago

Highlights

  • Pet Friendly
  • Off-street parking
  • Central heat
  • Recently renovated inside and out

Location

238 Palmer Drive #A, Waterloo, IA 50702, USA
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Management

Sindt Properties, LLC

Our team has verified this company

Leasing office

(844) 311-3497 ext. 4112

Property Overview

238 Palmer Drive offers a strong mix of value, convenience, and quality, with a 9.4/10 Zumper Expert Rating, standout scores for location and quality, and a competitive price and amenity profile. It also features off-street parking, central heat, and recent interior and exterior renovations, while nearby transit, outdoor spaces, and pet-related services add to its overall appeal.

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

9.4
Excellent
238 Palmer Drive is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • High school nearby
  • Outdoor space

Great for

  • Pet owners

Floor plans

A2 bed1 bath700 sqft$875 /mo238 Palmer Drive #A, Waterloo Welcome to your new home! This spacious and updated 2-Bed 1-Bath apartment offers the perfect blend of comfort and affordability. With new appliances, flooring, paint, countertops, and more, this apartment offers value to any renter. Tenants will enjoy an abundance of off-street parking and an open courtyard in the back, away from busy roads. Don't miss this chance to rent an apartment you know you'll love! This apartment is in a nice neighborhood in Waterloo near Miller Park, and just 1/2 mile away from Kingsley Elementary. Pets are allowed for an additional monthly fee ($50-100 per pet). Tenants pay $30/month with rent for Water/Sewer. Features: 2 Beds 1 Bath Central Heat Off-Street Parking Approval Criteria: 1. Household Income 3X the Rent 2. At least 1 Credit Score over 550 3. No Felonies or Evictions on record

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Amenities for 238 Palmer Drive

Apartment Amenities

BalconyCentral Heat

Building

Cats OKControlled Access
Dogs OKWheelchair Accessible

Grounds

Outdoor Space
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

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 238 Palmer Drive

HomeApartments in Waterloo 238 Palmer Drive

This 4-unit apartment building has been recently renovated inside and out. It stands out from the others nearby as the only one that's been recently painted!


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.
9.4
/10
Excellent
238 Palmer Drive is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.
How we rated 238 Palmer Drive
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.
238 Palmer Drive 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.
238 Palmer Drive goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 238 Palmer Drive receives one of the highest amenities scores.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
238 Palmer Drive offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
238 Palmer Drive has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 238 Palmer Drive.
Trustworthiness·9A 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.
238 Palmer Drive has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

238 Palmer Drive is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet grooming service nearby
  • 1 pet supply store near the property

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 238 Palmer Drive compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
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 238 Palmer Drive cost about 3% more than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Jul 25 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
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
July 2026$825

Affordability calculator

Can I afford to live at 238 Palmer Drive #A?

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

$35,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 2-bedrooms monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.

Schools near 238 Palmer Drive

Kittrell Elementary School

1304 oregon st

waterloo, IA, 50702

PK, 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 238 Palmer Drive

Neighborhood

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

Getting around Waterloo near 238 Palmer Drive #A

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

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 238 Palmer Drive #A, Waterloo

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

6/10
At least one high school within a 15-minute walk

Nightlife

2/10
Some bars within walking distance

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