Zumper
modified
4 Hours Ago

Highlights

  • Updated finishes
  • Pet-friendly community
  • Laundry hook ups
  • Laundry room
  • Property laundry room
  • Pet friendly

Location

314 Randolph St, Waterloo, IA 50701, USA|Church Row Historic
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Contact

Management

DWB Investments, LLC

Leasing office

(844) 326-3860 ext. 4965

Property Overview

314 Randolph Street is highly rated, featuring updated finishes, a pet-friendly community, and convenient laundry facilities. With a Zumper Expert Rating of 8.8 and exceptional scores in price, amenities, and location, it stands out for its value, quality, and transparency. The property is situated near a top-rated elementary school, further enhancing its appeal for potential renters.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, 314 Randolph Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 314 Randolph Street 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

  • Less expensive
  • Elementary school nearby
  • Images Available

Great for

  • Pet owners

Floor plans

314 Randolph Street - E-2051 bed1 bath$600 /moThis 1bd 1ba apartment is part of the Affordable Housing Program and is located in the Historic Building at 314 Randolph St. in Waterloo, IA. This apartment is on the second level. The laundry room is on the lower level. Laundry hook ups in unit also available. Pet friendly with $50/pet per month. Landlord is responsible for Water, sewer and garbage. Average utility bill is around $75/month. Section 8 accepted.
314 Randolph Street - E-2022 bed2 bath$750 /moSpacious 2 Bed / 2 Bath Apartment – Affordable Housing – Available February 1st 314 Randolph St. #E-202 | Waterloo, IA | $750/month Available February 5th this well-maintained 2-bedroom, 2-bath apartment is located in the historic 314 Randolph Street building, converted into affordable housing in 2002. With a comfortable, functional layout and updated finishes, this second-floor unit is ideal for individuals or small families seeking quality housing at an affordable rate. Apartment Features: Bright, open-concept living space Two full bathrooms for added privacy and convenience In-unit laundry hookups (bring your own machines) Pet-friendly community ($50/month per pet) Landlord pays water, sewer, garbage, lawn care & snow removal Average electric cost: approx. $50/month Section 8 accepted Please follow the link to fill out an application. https dwbinvestmentsllc managebuilding com Resident rental-application new
314 Randolph Street - E-3043 bed2 bath$900 /mohttps dwbinvestmentsllc managebuilding com Resident rental-application new Rent is 900. This 3bd 2ba apartment is part of the Affordable Housing Program and is located in the Historic Building at 314 Randolph St. in Waterloo, IA. This is available March 15th. Laundry hook ups in unit available and also laundry room is located on the property. Pet friendly with $50/pet per month. Landlord is responsible for water, sewer, garbage, lawn and snow. Average utility bill is around $75/month. Section 8 acceptable. Questions call 319-231-1886. Please follow the link below to apply. https dwbinvestmentsllc managebuilding com Resident rental-application new

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Amenities for 314 Randolph Street

Apartment Amenities

Trash IncludedUtilities/Sewer
Water

Building

Onsite Laundry
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.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About 314 Randolph Street

HomeApartments in WaterlooChurch Row Historic 314 Randolph Street

Spacious 2 Bed / 2 Bath Apartment – Affordable Housing – Available February 1st 314 Randolph St. #E-202 | Waterloo, IA | $750/month Available February 5th this well-maintained 2-bedroom, 2-bath apartment is located in the historic 314 Randolph Street building, converted into affordable housing in 2002. With a comfortable, functional layout and updated finishes, this second-floor unit is ideal for individuals or small families seeking quality housing at an affordable rate. Apartment Features: Bright, open-concept living space Two full bathrooms for added privacy and convenience In-unit laundry hookups (bring your own machines) Pet-friendly community ($50/month per pet) Landlord pays water, sewer, garbage, lawn care & snow removal Average electric cost: approx. $50/month Section 8 accepted Please follow the link to fill out an application. https dwbinvestmentsllc managebuilding com Resident rental-application new


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 314 Randolph Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 314 Randolph Street 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 314 Randolph Street
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.
314 Randolph Street 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.
314 Randolph Street goes above and beyond to provide sought-after conveniences and desirable perks, including onsite laundry. Renters looking for popular or luxurious features will find them here—and for that reason, 314 Randolph Street 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.
314 Randolph Street 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 314 Randolph Street to provide reasonable accomodations and accurate details about its community.
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 Randolph Street is great for:

Pet owners

  • 1 pet supply store near the property

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 Randolph Street compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.4 mile away
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Pet friendly
This property allows pets

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away

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Rent trends in Church Row Historic

1-bedroom apartments here are priced about the same as 1-bedrooms in Church Row Historic.

If you decide to upgrade your space, you can expect 2-bedrooms at 314 Randolph Street to be 3% more than the average for similarly sized apartments in Church Row Historic.

3-bedroom apartments at 314 Randolph Street cost about 3% less than the average rent price for 3-bedroom apartments in Church Row Historic.

Median rents as of Mar 7 2026.
Church Row Historic
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian 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
A table of studio rental data trends in Church Row Historic
MonthMedian Rent
March 2024$525
April 2024$500
May 2024$500
December 2025$590
January 2026$550

Affordability calculator

Can I afford to live at 314 Randolph 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

$24,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $24,000 annually to afford this 1-bedroom monthly rent price of $600.
For more information on rent affordability, visit our rent calculator.

Schools near 314 Randolph Street

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 Randolph Street

Neighborhood

Church Row Historic | Waterloo, IA

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

Getting around Waterloo near 314 Randolph 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
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 314 Randolph St, Waterloo

Groceries

7/10
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

8/10
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 Randolph 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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