Zumper
modified
5+ Days Ago

Highlights

  • Hardwood floors
  • Spacious living room
  • On-site laundry in basement
  • Large living room
  • Two generously sized bedrooms
  • Easy access

Location

765 Russell Rd, Waterloo, IA 50701, USA
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Contact

Management

Caliber Group Property Management Co.

Leasing office

(319) 483-0004

Property Overview

Meadow Ridge presents an attractive option for renters, earning an impressive Zumper Expert Rating of 8.6 out of 10, with top scores for price, amenities, and location. Notable features include spacious living areas, hardwood floors, and convenient on-site laundry, while its strategic location ensures easy access to schools and grocery stores. With strong performance in value for money and a conducive work-from-home environment, this property stands out as a premier choice in its area.

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

8.6
Very Good
With a solid 8.6 out of 10 overall, Meadow Ridge is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Meadow Ridge 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

  • Middle school nearby
  • High school nearby
  • Less expensive

Great for

  • Work-from-home

Floor plans

1BR/1.0BA1 bed1 bath610 sqft$675–$725 /mo3 units available***FIRST MONTHS RENT FREE if Signed by 12/31/2025*** Welcome to your new home in Waterloo, IA! This spacious 1-bedroom, 1-bathroom apartment is located on the 2nd floor, offering a comfortable layout and a pleasant view of the neighborhood. Designed with a modern aesthetic, the unit features an open, roomy living area that maximizes space and natural light. Enjoy the convenience of on-site laundry located in the basement, saving you time and eliminating trips to the laundromat. Utilities are simple and budget-friendly: Water & Gas: $65/month flat fee Electricity/Internet: Tenant responsibility Pet-Friendly Policy: Cats and small dogs allowed $50/month pet fee per pet (Service Animals and ESAs accepted with proper documentation — no fees apply, per federal law.) Experience a comfortable and convenient lifestyle in this well-maintained 1-bedroom apartment in Waterloo, IA.
2BR/1.0BA2 bed1 bath832 sqft$775 /mo1 unit available***FIRST MONTHS RENT FREE if Signed by 1/31/2026*** Welcome to 791 Russell Rd, a charming 2-bedroom, 1-bathroom second-floor apartment located in the heart of Waterloo, IA. This unit features a spacious living room—perfect for entertaining guests or relaxing after a long day. The two generously sized bedrooms offer comfort and flexibility, while the full bathroom adds convenience to your daily routine. Utilities are simple and budget-friendly: Water & Gas: $75/month flat fee Electricity/Internet: Tenant responsibility Pet-Friendly Policy: Cats and small dogs allowed $50/month pet fee per pet (Service Animals and ESAs accepted with proper documentation — no fees apply, per federal law.) Situated in a prime Waterloo location, this apartment places you close to shopping, dining, parks, and everything the city has to offer. At 791 Russell Rd, you’ll enjoy a blend of comfort, style, and everyday convenience. **Photos are for illustrative purposes only and may not reflect the current condition or exact features of the property.**

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Amenities for Meadow Ridge

Building

Onsite Laundry

Other

2nd Floor Apartment
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

Units24
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About Meadow Ridge

HomeApartments in Waterloo Meadow Ridge

***FIRST MONTHS RENT FREE if Signed by 1/31/2026*** Welcome to 791 Russell Rd, a charming 2-bedroom, 1-bathroom second-floor apartment located in the heart of Waterloo, IA. This unit features a spacious living room—perfect for entertaining guests or relaxing after a long day. The two generously sized bedrooms offer comfort and flexibility, while the full bathroom adds convenience to your daily routine. Utilities are simple and budget-friendly: Water & Gas: $75/month flat fee Electricity/Internet: Tenant responsibility Pet-Friendly Policy: Cats and small dogs allowed $50/month pet fee per pet (Service Animals and ESAs accepted with proper documentation — no fees apply, per federal law.) Situated in a prime Waterloo location, this apartment places you close to shopping, dining, parks, and everything the city has to offer. At 791 Russell Rd, you’ll enjoy a blend of comfort, style, and everyday convenience. **Photos are for illustrative purposes only and may not reflect the current condition or exact features of the property.**


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Meadow Ridge is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Meadow Ridge 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 Meadow Ridge
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.
Meadow Ridge 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.
Meadow Ridge 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, Meadow Ridge 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.
Meadow Ridge 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 Meadow Ridge does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.

Meadow Ridge is great for:

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • Quiet environment with little noise pollution

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 Meadow Ridge compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
High school nearby
There is a high school 1 mile away
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
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

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Rent trends in Waterloo

1-bedroom apartments here are priced 4% higher than 1-bedrooms in Waterloo.

If you decide to upgrade your space, you can expect 2-bedrooms at Meadow Ridge to be 4% less than the average for similarly sized apartments in Waterloo.

Median rents as of Jan 24 2026.
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

Affordability calculator

Can I afford to live at 765 Russell Rd?

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

$27,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $27,000 annually to afford this 1-bedroom monthly rent price of $675.
For more information on rent affordability, visit our rent calculator.

Schools near Meadow Ridge

Lou Henry Elementary School

312 rachael st

waterloo, IA, 50701

K-5Public
C+
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Internet available near Meadow Ridge

Neighborhood

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

Getting around Waterloo near 765 Russell Rd

Walking

5/10
Some shops and stores are within a few minutes.

Driving

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

Points of interest for 765 Russell Rd, Waterloo

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

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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