5+ Days Ago
Highlights
- Convenient location
- Spacious layout
- Easy access
Location
1838 W 3rd St, Waterloo, IA 50701, USA
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Property Overview
1838-1840 West 3rd showcases a strong overall appeal with a Zumper expert rating of 8.3, highlighting its competitive pricing and excellent amenities. Its location rating of 9 and spacious layout offer unparalleled convenience and an elevated quality of life. Additionally, the property excels in value for money, ranking in the 94.74 percentile, with notable features including easy access to key points of interest.
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.
Things you’ll love
More space- Less expensive
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,770 sqft | $700 /mo | 1 unit available | 1/2 OFF FIRST MONTHS RENT SPECIAL-. This 2bd 1ba apartment for rent is a part of a 4-PLEX. The apartment is located on the lower level, providing easy access and convenience. Inside, you'll find a spacious layout with two bedrooms and a full bathroom, perfect for comfortable living. The highlight of this apartment is the kitchen, which features a stylish and functional island, perfect for meal prep or casual dining. This apartment combines practicality and style, making it a great place to call home. Come and experience the comfort and convenience of this 2bd 1ba apartment for yourself! |
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Amenities for 1838-1840 West 3rd
Apartment Amenities
| Kitchen Island |
Other
| Lower Level |
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
| Units | 3 |
|---|
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About 1838-1840 West 3rd
1/2 OFF FIRST MONTHS RENT SPECIAL-. This 2bd 1ba apartment for rent is a part of a 4-PLEX. The apartment is located on the lower level, providing easy access and convenience. Inside, you'll find a spacious layout with two bedrooms and a full bathroom, perfect for comfortable living. The highlight of this apartment is the kitchen, which features a stylish and functional island, perfect for meal prep or casual dining. This apartment combines practicality and style, making it a great place to call home. Come and experience the comfort and convenience of this 2bd 1ba apartment for yourself!
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, 1838-1840 West 3rd is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1838-1840 West 3rd 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·10A 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.
1838-1840 West 3rd offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, 1838-1840 West 3rd is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1838-1840 West 3rd 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 1838-1840 West 3rd 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.
1838-1840 West 3rd 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 1838-1840 West 3rd compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 913 sqft larger than other listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Waterloo
2-bedroom apartments at 1838-1840 West 3rd cost about 15% less than the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Mar 7 2026.
Waterloo
| Month | Median Rent |
|---|---|
| March 2024 | $612 |
| 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 |
| December 2025 | $666 |
| January 2026 | $600 |
| February 2026 | $692 |
| March 2026 | $600 |
Affordability calculator
Can I afford to live at 1838 W 3rd 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
$28,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this 2-bedrooms monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.
Schools near 1838-1840 West 3rd
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 1838-1840 West 3rd
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Waterloo near 1838 W 3rd 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 1838 W 3rd St, Waterloo
Groceries
4/10
At least one supermarket within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Some bars within walking distance
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