Updated 5+ Days Ago
Location
223 Allen St, Waterloo, IA 50701, USA|Church Row Historic
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Property Overview
Allen Street earns a strong overall rating with standout scores for price, amenities, and location, suggesting solid value and convenient access to nearby points of interest and transportation. It also ranks well for value for money, and its nearby top-rated elementary school adds another practical benefit.
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
Less expensive- Elementary school nearby
- Laundry available on site
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $750 /mo | 1 unit available | Welcome to Unit #223 at 227 Allen Street, Waterloo, IA. A charming 2 Bed, 1 Bath with an abundance of natural lights and spacious living areas. Upstairs two generously sized bedrooms and a bathroom. Close access to amenities and just a short drive from anything in the Waterloo/Cedar Falls area. |
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Amenities for Allen Street
Apartment Amenities
| Water, Sewer and Garbage Included |
Appliances
| Fridge | Refrigerator |
Building
| Onsite Laundry | Shared 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. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 6 |
|---|
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About Allen Street
Welcome to Unit #223 at 227 Allen Street, Waterloo, IA. A charming 2 Bed, 1 Bath with an abundance of natural lights and spacious living areas. Upstairs two generously sized bedrooms and a bathroom. Close access to amenities and just a short drive from anything in the Waterloo/Cedar Falls area.
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 GoodWith a solid 8.5 out of 10 overall, Allen Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Allen 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.
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.
Allen 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.
Allen 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, Allen 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.
Allen 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·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 Allen Street 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.
Allen Street 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 Allen 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 0.3 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Church Row Historic
2-bedroom apartments at Allen Street cost about 3% more than the average rent price for 2-bedroom apartments in Church Row Historic.
Median rents as of Sep 12 2026.
Church Row Historic
Waterloo
| Month | Median Rent |
|---|---|
| September 2024 | $1,150 |
| 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 | $825 |
| August 2026 | $736 |
| September 2026 | $795 |
| Month | Median Rent |
|---|---|
| December 2025 | $590 |
| January 2026 | $550 |
Affordability calculator
Can I afford to live at 223 Allen 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
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 2-bedrooms monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Schools near Allen 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 Allen Street
Neighborhood
Church Row Historic | Waterloo, IA
Getting around Waterloo near 223 Allen 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 223 Allen 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
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