Zumper
modified
1 Day Ago

Highlights

  • Pet Friendly
  • Prime location
  • Underground parking
  • Private deck
  • Secure bike storage
  • Maintenance team
  • Pet friendly

Location

45 W Jefferson St, Waterloo, IA 50701, USA|Downtown Waterloo
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Contact

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Management

Grand Investments, LLC

Our team has verified this company

Leasing office

(319) 264-8952

Property Overview

Grand Crossing is an exceptional property, backed by a strong Zumper expert rating of 8.4 out of 10, with top-notch amenities and location ratings of 10, providing residents with unparalleled convenience and quality of life. It features notable attributes such as underground parking, a private deck, and a dedicated maintenance team, complementing its impressive appeal. Additionally, it is advantageous for work-from-home lifestyles and social engagements, with ample nearby entertainment options and spaces for community interactions.

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

8.4
Very Good
With a solid 8.4 out of 10 overall, Grand Crossing is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, Grand Crossing has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • High school nearby
  • Dishwasher

Great for

  • Social life
  • Work-from-home

Floor plans

1 Bed - 1 Bath - LMI1 bed1 bath1,132 sqft$1,102 /mo1 unit availableSNAPSHOT - An established complex in a prime location - $0 Security Deposit option - Easy access to Hwy 218 and Hwy 63 - Ideal for students or professionals working in Cedar Falls, Waterloo, or surrounding areas - Walking distance to Downtown Waterloo and a 10-minute drive to Downtown Cedar Falls - Private Deck - Appliances included: Refrigerator, stove/oven, microwave, dishwasher, washer/dryer - Access to Grand Lounge, on-site fitness center, and trash chutes on each floor - Secure bike storage and bike trail connectivity - Underground parking available for an additional monthly charge BENEFITS - Water, sewer, garbage, lawn care, and snow removal costs included in rent - Love pets? Your dog/cat is welcome! Read our Pet Policy. - Online payments accepted - Free online rental application PUBLIC SCHOOLS - Irving Elementary - Central Middle School - Waterloo West High School SHOWINGS - Schedule an appointment and a Property Manager will walk through the unit with you Take the next step and reach out to us to schedule a showing. We are a locally owned, locally managed company with our own maintenance team. Our staff is ready to serve you!
2 Bed - 1 Bath - LMI2 bed1 bath1,132 sqft$1,324 /mo1 unit availableSNAPSHOT - The unit requires special income requirements - An established complex in a prime location - $0 Security Deposit option - Easy access to Hwy 218 and Hwy 63 - Ideal for students or professionals working in Cedar Falls, Waterloo, or surrounding areas - Walking distance to Downtown Waterloo and a 10-minute drive to Downtown Cedar Falls - Private Deck - Appliances included: Refrigerator, stove/oven, microwave, dishwasher, washer/dryer - Access to Grand Lounge, on-site fitness center, and trash chutes on each floor - Secure bike storage and bike trail connectivity - Underground parking available for an additional monthly charge BENEFITS - Water, sewer, garbage, lawn care, and snow removal costs included in rent - Love pets? Your dog/cat is welcome with no charge! Read our Pet Policy. - Online payments accepted - Free online rental application PUBLIC SCHOOLS - Irving Elementary - Central Middle School - Waterloo West High School SHOWINGS - Schedule an appointment and a Property Manager will walk through the unit with you Take the next step and reach out to us to schedule a showing. We are a locally owned, locally managed company with our own maintenance team. Our staff is ready to serve you!
2 Bed - 1 Bath (2B)2 bed1 bath1,132 sqft$1,700 /mo1 unit availableSNAPSHOT - An established complex in a prime location - $0 Security Deposit option - Easy access to Hwy 218 and Hwy 63 - Ideal for students or professionals working in Cedar Falls, Waterloo, or surrounding areas - Walking distance to Downtown Waterloo and a 10-minute drive to Downtown Cedar Falls - Private Deck - Appliances included: Refrigerator, stove/oven, microwave, dishwasher, washer/dryer - Access to Grand Lounge, on-site fitness center, and trash chutes on each floor - Secure bike storage and bike trail connectivity - Underground parking available for an additional monthly charge BENEFITS - Lawn Care and Snow Removal Included in Rent - Love pets? Your dog/cat is welcome! Read our Pet Policy. - Online payments accepted - Free online rental application -Heated underground Parking Garage Available PUBLIC SCHOOLS - Irving Elementary - Central Middle School - Waterloo West High School SHOWINGS - Schedule an appointment and a Property Manager will walk through the unit with you Take the next step and reach out to us to schedule a showing. We are a locally owned, locally managed company with our own maintenance team. Our staff is ready to serve you!

Let's explore this property.

Amenities for Grand Crossing

Apartment Amenities

GasWater

Appliances

DishwasherElectric
In-Unit LaundryMicrowave
OvenRefrigerator
Stove/OvenWasher and Dryer

Building

Cats OKDogs OK
Fitness CenterResidents Lounge
Sewer

Grounds

Assigned ParkingOutdoor Space

Services

GarbageLawn Care
Snow Removal
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

Parking Policy

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units68
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About Grand Crossing

HomeApartments in WaterlooDowntown Waterloo Grand Crossing

Welcome To The Grand Crossing These high-quality apartments are loaded with high-end finishes, unrivaled amenities, all at a great price. Located in Waterloo, these apartments come standard with quartz countertops, high-efficiency appliances, balconies, and more! Grand Crossing encompasses 2 unique locations: The Grand Crossing and The Lofts at Grand Crossing. Each building features heated underground parking*, secured entry, elevators, and access to an on-site fitness center! These are conveniently located in downtown Waterloo where you have quick access to Highway 218 as well as local shopping, dining and night life. If you’re someone who feels like there is no “home” without your pet - don’t worry! All of our units are pet friendly*. The Grand Crossing is part of the Community Development Block Program which means that units in Phase I of the project are reserved for subsidized housing. Contact us today to see if you qualify!


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Grand Crossing is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, Grand Crossing has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Grand Crossing
Price·5A 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.
Monthly rent at Grand Crossing is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
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.
Grand Crossing 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—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Grand Crossing 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.
Grand Crossing 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 Grand Crossing.
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.
Grand Crossing 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.

Grand Crossing is great for:

Social life

  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • This community has public spaces on site, like fitness centers or pools
  • Diverse age groups live in this area
  • 18 theaters, music venues, or sports arenas nearby

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • Utilities included in the rent
  • 2 internet service provider options nearby

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 Grand Crossing compares to other nearby properties.

Positives

More space
The 1-bedroom is 632 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
More space
The 2-bedroom is 264 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Pet friendly
This property allows pets

Considerations

Priced higher than average
2-bedrooms are $791 more than the median rent in this area
Priced higher than average
1-bedrooms are $675 more than the median rent in this area
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Downtown Waterloo

1-bedroom apartments here are priced 23% lower than 1-bedrooms in Downtown Waterloo.

If you decide to upgrade your space, you can expect 2-bedrooms at Grand Crossing to be 11% less than the average for similarly sized apartments in Downtown Waterloo.

Median rents as of Jan 10 2026.
Downtown Waterloo
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
February 2024$654
March 2024$635
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
A table of studio rental data trends in Downtown Waterloo
MonthMedian Rent
February 2024$1,200
March 2024$1,100
June 2024$1,200
July 2024$1,300
August 2024$1,260
September 2024$1,200
October 2024$1,200
November 2024$1,200
December 2024$1,200
January 2025$1,200
February 2025$1,200
March 2025$1,200
April 2025$1,200
May 2025$1,200
June 2025$1,200
July 2025$1,200
August 2025$1,200
September 2025$1,200
November 2025$1,200
December 2025$1,200

Affordability calculator

Can I afford to live at 45 W Jefferson St?

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

$44,080/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,080 annually to afford this 1-bedroom monthly rent price of $1,102.
For more information on rent affordability, visit our rent calculator.

Schools near Grand Crossing

Irving Elementary School

1115 w 5th st

waterloo, IA, 50702

PK, K-5Public
C
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Internet available near Grand Crossing

Getting around Waterloo near 45 W Jefferson St

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
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

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 45 W Jefferson St, Waterloo

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

4/10
No elementary schools within a 30-minute walk

High schools

2/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 45 W Jefferson St

City of Waterloo-Public Market
327 W 3rd St
Guddi Mart
506 Byron Ave
Balkan Grocery
1816 Williston Ave
S International Market
822 Laporte Rd
Mooroo
3015 Kimball Ave

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