5+ Days Ago
Highlights
- Beautiful wood flooring
- Water, sewer, and garbage services
Location
314 Locust St, Waterloo, IA 50701, USA|Church Row Historic
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Property Overview
314 Locust St has received a Zumper Expert Rating of 8.5/10, reflecting its appeal to renters through competitive pricing and an impressive array of amenities rated 10/10. Located conveniently near a top-rated elementary school and pet-friendly, it offers residents an excellent quality of life with trusted management. Notable features include beautiful wood flooring and essential services like water, sewer, and garbage, enhancing its desirability.
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
Great for
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $825 /mo | 1 unit available | Welcome to this fully remodeled, first-floor 1 bedroom apartment located in the heart of Waterloo, IA. This historic building offers a secure entry and a covered porch common area, perfect for enjoying the outdoors. Step inside to find a spacious open layout that combines the kitchen and living room, creating a seamless flow throughout the space. The kitchen is equipped with brand new appliances, ready for your culinary adventures. The large bedroom area is complemented by a ceiling fan and ample storage space, ensuring your comfort and convenience. The bathroom features a tub and shower combination, offering the best of both worlds. Natural lighting floods the apartment, creating a warm and inviting atmosphere. The apartment also boasts baseboard heat, ensuring your comfort during the colder months. As an added bonus, all utilities are included in the rent! Experience the perfect blend of historic charm and modern convenience in this stunning Waterloo apartment. You will need to fill out an application and be APPROVED prior to scheduling a viewing with our office- to fill out an application, go to www RentWithMartin com and click "Apply Now" on the property you are interested in, **Apps may be moved to other units should you not like the one you picked in person or it gets rented by another party. Once the application is complete we will schedule a showing time with you! Looking to improve your credit this year? Renting with Martin Realtors and paying rent on time will increase your score!! At Martin Inc Realtors, we believe in fair and accessible housing for all. Approved applicants who choose to rent with us and meet the current HUD low-income limits for the Waterloo–Cedar Falls area will have their application fee refunded as a rent credit applied toward their first month’s rent upon move-in. This address is located near Downtown Waterloo, which gives it access to several popular local destinations. Nearby outdoor areas include: * Washington Park * RiverLoop Amphitheatre * Cedar Valley Trails system * Cedar River recreational areas These locations provide walking trails, events, and outdoor recreation. Entertainment & Things To Do! Close attractions include: * Waterloo Center for the Arts * Phelps Youth Pavilion * Five Sullivan Brothers Convention Center * Lost Island Waterpark / Themepark * Young Arena Downtown Waterloo also offers restaurants, bars, and live entertainment all located within walking or a short drive distance downtown! Public Transportation! Waterloo has access to MET Transit bus service. Nearby routes typically run through: * Downtown Waterloo * Cedar Falls * Crossroads Mall * Major employment centers The Locust Street corridor is located within the city transit service area, making bus commuting possible. |
Let's explore this property.
Amenities for 314 Locust St
Apartment Amenities
| Baseboard Heat | Ceiling Fan |
| Ceiling Fan in Bedroom | Fully Remodeled |
| Gas | Includes All Utilities |
| Large Bedroom | Lots of Storage |
Appliances
| Brand New Appliances | Electric |
| Fridge | Range |
| Refrigerator | Stove |
Building
| Cats OK | Controlled Building Entry |
| First Floor Apartment |
Grounds
| Storage |
Other
| Water, Sewer, & Garbage |
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
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 5 |
|---|
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About 314 Locust St
Welcome to this fully remodeled, first-floor 1 bedroom apartment located in the heart of Waterloo, IA. This historic building offers a secure entry and a covered porch common area, perfect for enjoying the outdoors. Step inside to find a spacious open layout that combines the kitchen and living room, creating a seamless flow throughout the space. The kitchen is equipped with brand new appliances, ready for your culinary adventures. The large bedroom area is complemented by a ceiling fan and ample storage space, ensuring your comfort and convenience. The bathroom features a tub and shower combination, offering the best of both worlds. Natural lighting floods the apartment, creating a warm and inviting atmosphere. The apartment also boasts baseboard heat, ensuring your comfort during the colder months. As an added bonus, all utilities are included in the rent! Experience the perfect blend of historic charm and modern convenience in this stunning Waterloo apartment. You will need to fill out an application and be APPROVED prior to scheduling a viewing with our office- to fill out an application, go to www RentWithMartin com and click "Apply Now" on the property you are interested in, **Apps may be moved to other units should you not like the one you picked in person or it gets rented by another party. Once the application is complete we will schedule a showing time with you! Looking to improve your credit this year? Renting with Martin Realtors and paying rent on time will increase your score!! At Martin Inc Realtors, we believe in fair and accessible housing for all. Approved applicants who choose to rent with us and meet the current HUD low-income limits for the Waterloo–Cedar Falls area will have their application fee refunded as a rent credit applied toward their first month’s rent upon move-in. This address is located near Downtown Waterloo, which gives it access to several popular local destinations. Nearby outdoor areas include: * Washington Park * RiverLoop Amphitheatre * Cedar Valley Trails system * Cedar River recreational areas These locations provide walking trails, events, and outdoor recreation. Entertainment & Things To Do! Close attractions include: * Waterloo Center for the Arts * Phelps Youth Pavilion * Five Sullivan Brothers Convention Center * Lost Island Waterpark / Themepark * Young Arena Downtown Waterloo also offers restaurants, bars, and live entertainment all located within walking or a short drive distance downtown! Public Transportation! Waterloo has access to MET Transit bus service. Nearby routes typically run through: * Downtown Waterloo * Cedar Falls * Crossroads Mall * Major employment centers The Locust Street corridor is located within the city transit service area, making bus commuting possible.
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 GoodWith a solid 8.5 out of 10 overall, 314 Locust St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 314 Locust St has a number of attractive features—namely its Amenities— 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.
314 Locust 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·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.
314 Locust St 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—cats allowed—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.
314 Locust 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 314 Locust 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·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.
314 Locust 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 314 Locust St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Church Row Historic
1-bedroom apartments at 314 Locust St cost about 38% more than the average rent price for 1-bedroom apartments in Church Row Historic.
Median rents as of May 9 2026.
Church Row Historic
Waterloo
| Month | Median Rent |
|---|---|
| May 2024 | $760 |
| 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 |
| December 2025 | $666 |
| January 2026 | $600 |
| February 2026 | $692 |
| March 2026 | $696 |
| April 2026 | $836 |
| May 2026 | $700 |
| Month | Median Rent |
|---|---|
| May 2024 | $500 |
| December 2025 | $590 |
| January 2026 | $550 |
Affordability calculator
Can I afford to live at 314 Locust St?
Bedrooms
1 bedroomRent-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
$33,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this 1-bedroom monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.
Schools near 314 Locust St
Irving Elementary School
1115 w 5th st
waterloo, IA, 50702
PK, K-5Public
C
Cedar Falls Virtual Campus
1002 w 1st st
cedar falls, IA, 50613
K-12Public
Bess Streeter Aldrich Elementary School
2526 ashworth dr
cedar falls, IA, 50613
PK, K-6Public
A
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Internet available near 314 Locust St
Neighborhood
Church Row Historic | Waterloo, IA
Getting around Waterloo near 314 Locust 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 314 Locust St, Waterloo
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
3/10
Some 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
1/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 314 Locust St
City of Waterloo-Public Market
327 W 3rd St
Guddi Mart
506 Byron Ave
Balkan Grocery
1816 Williston Ave
Mooroo
3015 Kimball Ave
S International Market
822 Laporte Rd
Costume Rental Shop
224 Commercial St
Waterloo Community Playhouse
224 Commercial St
Oh So in Boutique
221 W 4th St
Shoe Heaven
209 W 5th St
Milroy Formal Wear
1216 Commercial St
Sidecar Coffee
21 W Jefferson St
Fat Cup Coffee Company
37 Fletcher Ave
Cabin Coffee
2040 Kimball Ave
Starbucks
2123 Kimball Ave
Scooter's Coffee
115 E Ridgeway Ave
Broken Record
315 W 4th St
The Loft
710 Jefferson St
Cafe Bar Elite
1108 Jefferson St
Daq King
632 Sycamore St
Screaming Eagle American Bar
228 E 4th St
Ajla's Bakery & Grocery
1206 W 9th St
Cakes By Isabel
129 Prospect Cir
Cakes & Bakes By Amber
Bambinos Sweet & Fluffy Cookie Creations LLC
1445 Ansborough Ave
Produce Store Inc
751 Glenwood St
Dairy Queen
1304 W 5th St
West Side Liquor
919 W 5th St
Triple A Express LLC
1100 Western Ave
La Placita Taqueria
321 W 4th St
Dairy-Kone
911 South St
W 3rd St and Locust St
West - BLUE, West Loop - GREY
W 4th St and Locust St
West - BLUE
W 5th St and Allen St
West - RED
W Park Ave and South St
West - BLUE, West Loop - GREY
W 9th St and South St
West - RED, West Loop - GREY
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