Updated 5+ Days Ago
Highlights
- Conveniently located
- Peaceful atmosphere
- Non-smoking community
- Quiet community
Location
1706 Waterloo Rd # 1720, Cedar Falls, IA 50613, USA
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Property Overview
Waterloo Road 1706-1720 earns a strong overall rating, with especially high marks for location, amenities, and value. It is conveniently located and offers a peaceful, quiet, non-smoking community setting, while nearby grocery and public transit options add to its everyday convenience.
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
Middle school nearby
Floor plans
| Elmcrest Apartments - 1706... | 2 bed | 1 bath | 670 sqft | $950 /mo | Welcome to Elmcrest! These nicely remodeled apartments go quick! Enjoy the quiet community located in central Cedar Falls! Enjoy the new cabinet finishes with heavy duty hardwood floors! Pets are considered with a fee, and utilities are on the tenant! |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
About Waterloo Road 1706-1720
Welcome to Elmcrest! These nicely remodeled apartments go quick! Enjoy the quiet community located in central Cedar Falls! Enjoy the new cabinet finishes with heavy duty hardwood floors! Pets are considered with a fee, and utilities are on the tenant!
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, Waterloo Road 1706-1720 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Waterloo Road 1706-1720 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.
Waterloo Road 1706-1720 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, Waterloo Road 1706-1720 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.
Waterloo Road 1706-1720 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 Waterloo Road 1706-1720 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.
Waterloo Road 1706-1720 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 Waterloo Road 1706-1720 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 miles away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.3 miles away
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Cedar Falls
2-bedroom apartments at Waterloo Road 1706-1720 cost about 14% less than the average rent price for 2-bedroom apartments in Cedar Falls.
Median rents as of Oct 24 2026.
Cedar Falls
| Month | Median Rent |
|---|---|
| November 2024 | $834 |
| December 2024 | $802 |
| January 2025 | $795 |
| February 2025 | $806 |
| March 2025 | $802 |
| April 2025 | $890 |
| May 2025 | $950 |
| June 2025 | $931 |
| July 2025 | $915 |
| August 2025 | $950 |
| September 2025 | $930 |
| October 2025 | $939 |
| November 2025 | $865 |
| December 2025 | $807 |
| January 2026 | $833 |
| February 2026 | $839 |
| March 2026 | $875 |
| April 2026 | $906 |
| May 2026 | $998 |
| June 2026 | $1,005 |
| July 2026 | $1,025 |
| August 2026 | $998 |
| September 2026 | $994 |
| October 2026 | $1,022 |
Affordability calculator
Can I afford to live at 1706 Waterloo Rd # 1720?
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
$38,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 2-bedrooms monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.
Schools near Waterloo Road 1706-1720
Cedar Heights Elementary School
2417 rainbow dr
cedar falls, IA, 50613
PK, K-6Public
B
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
Neighborhood
Getting around Cedar Falls near 1706 Waterloo Rd # 1720
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 1706 Waterloo Rd # 1720, Cedar Falls
Groceries
6/10
Variety of groceries within a short drive
Shopping
6/10
Variety of shops within a short drive
Cafes
4/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
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