Zumper
modified
Updated 5+ Days Ago

Highlights

  • Energy efficient appliances
  • Swimming pool
  • Spacious closets
  • Hardwood floors
  • Fitness center
  • Quiet neighborhood

Location

1157 Ravenwood Rd, Waterloo, IA 50702, USA
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Tour Melick1157

Contact

Management

Paul Melick Properties

Leasing office

(319) 240-0188

Property Overview

Melick1157 earns a strong overall rating with excellent marks for price, amenities, and location, suggesting solid value and everyday convenience. It also features energy efficient appliances, a swimming pool, spacious closets, hardwood floors, and a fitness center, while its quiet neighborhood and nearby schools add to its appeal.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, Melick1157 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Melick1157 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

  • High school nearby
  • Middle school nearby
  • Dishwasher

Floor plans

2X1 Updated New Grey Cupboards/Stainless2 bed1 bath820 sqft$875 /mo1 unit available2 bedroom

Let's explore this property.

Amenities for Melick1157

Apartment Amenities

Trash

Appliances

DishwasherStainless Dishwasher
Stainless FridgeStainless 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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units12
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About Melick1157

HomeApartments in Waterloo Melick1157

2 bedroom


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 Good
With a solid 8.5 out of 10 overall, Melick1157 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Melick1157 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 Melick1157
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.
Melick1157 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·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.
Melick1157 goes above and beyond to provide sought-after conveniences and desirable perks, including stainless dishwasher. Renters looking for popular or luxurious features will find them here—and for that reason, Melick1157 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.
Melick1157 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 Melick1157 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.
Melick1157 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 Melick1157 compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Waterloo

2-bedroom apartments at Melick1157 cost about 3% more than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Jul 11 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
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
June 2026$606
July 2026$849

Affordability calculator

Can I afford to live at 1157 Ravenwood Rd?

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 Melick1157

Lou Henry Elementary School

312 rachael st

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 Melick1157

Neighborhood

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

Getting around Waterloo near 1157 Ravenwood Rd

Walking

6/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1157 Ravenwood Rd, Waterloo

Groceries

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

Shopping

5/10
Several shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

2/10
Few or no bars within walking distance

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