Zumper
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Updated 6 Hours Ago

Highlights

  • Prime location
  • Underground parking
  • Private deck
  • Elevators
  • Heated underground parking*
  • Laundry in unit

Location

21 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

(563) 208-4976

Property Overview

The Lofts at Grand Crossing offers a strong blend of standout amenities, convenience, and overall quality, with an 8.4 Zumper Expert Rating, top scores for amenities, location, and quality, plus a high trustworthiness rating. It also features prime location advantages, underground parking, a private deck, elevators, and in-unit laundry, while appealing for social life and work-from-home needs thanks to shared spaces, nearby dining, and high-speed internet.

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, The Lofts at Grand Crossing is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, The Lofts at 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

  • High school nearby
  • More space
  • Dishwasher

Great for

  • Work-from-home
  • Social life

Floor plans

C Floor Plan - Corner unit1 bed1 bath747 sqft$1,125 /mo2 units available****FIRST MONTHS FREE WITH A 12 MONTH LEASE**** SNAPSHOT - Modern established apartment complex in a prime location - Easy access to Hwy 218 and Hwy 63 - Ideal for professionals working in Cedar Falls, Waterloo, or surrounding areas - Walking distance to Downtown Waterloo and a 10-minute drive to Downtown Cedar Falls - $0 Deposit Option BENEFITS - Private Deck - Laundry in unit - Slate finished, high-efficiency appliances - Secure bike storage and bike trail connectivity - Underground Parking Available for an additional monthly charge - Appliances included: Refrigerator, stove/oven, microwave, dishwasher, washer/dryer - Love pets? Your dog/cat is welcome! Read our Pet Policy. 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.
E Floor Plan - Corner Unit1 bed1 bath728 sqft$1,125 /mo2 units available****FIRST MONTHS FREE WITH A 12 MONTH LEASE**** SNAPSHOT - Modern established apartment complex in a prime location - Easy access to Hwy 218 and Hwy 63 - Ideal for professionals working in Cedar Falls, Waterloo, or surrounding areas - Walking distance to Downtown Waterloo and a 10-minute drive to Downtown Cedar Falls - $0 Deposit Option BENEFITS - Private Deck - Laundry in unit - Slate finished, high-efficiency appliances - Secure bike storage and bike trail connectivity - Underground Parking Available for an additional monthly charge - Appliances included: Refrigerator, stove/oven, microwave, dishwasher, washer/dryer - Love pets? Your dog/cat is welcome! Read our Pet Policy. 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.
B Floor Plan1 bed1 bath676 sqft$1,125 /mo2 units available****FIRST MONTHS FREE WITH A 12 MONTH LEASE**** SNAPSHOT - Modern established apartment complex in a prime location - Easy access to Hwy 218 and Hwy 63 - Ideal for professionals working in Cedar Falls, Waterloo, or surrounding areas - Walking distance to Downtown Waterloo and a 10-minute drive to Downtown Cedar Falls - $0 Deposit Option BENEFITS - Private Deck - Laundry in unit - Slate finished, high-efficiency appliances - Secure bike storage and bike trail connectivity - Underground Parking Available for an additional monthly charge - Appliances included: Refrigerator, stove/oven, microwave, dishwasher, washer/dryer - Love pets? Your dog/cat is welcome! Read our Pet Policy. 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.
Furnished Unit1 bed1 bath670+ sqft$1,800 /mo2 units available**** FIRST MONTHS FREE WITH A 12 MONTH LEASE**** ***Furnished unit with all utilities, including internet, included in the rent*** SNAPSHOT - Brand new complex in a prime location - Easy access to Hwy 218 and Hwy 63 - Ideal for professionals working in Cedar Falls, Waterloo, or surrounding areas - Walking distance to Downtown Waterloo and a 10-minute drive to Downtown Cedar Falls BENEFITS - Private Deck - Laundry in unit - Slate finished, high-efficiency appliances - Secure bike storage and bike trail connectivity - Underground Parking Available for an additional monthly charge - Appliances included: Refrigerator, stove/oven, microwave, dishwasher, washer/dryer - We’ll take care of the water, sewer, garbage, lawn care, and snow removal costs - Love pets? Your dog/cat is welcome with no charge! Read our Pet Policy. 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.

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Amenities for The Lofts at Grand Crossing

Apartment Amenities

BalconyGas
No BalconyWater

Appliances

DishwasherElectric
In-Unit LaundryMicrowave
OvenRefrigerator
Stove/OvenWasher and Dryer

Tech

CableInternet

Building

ElevatorFitness Center
Onsite Fitness CenterResidents Lounge
SewerTrash Chute

Grounds

Outdoor 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
Building details

Property details

Year built2018
Units36
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About The Lofts at Grand Crossing

HomeApartments in WaterlooDowntown Waterloo The Lofts at 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! Professionally managed by Rent Cedar Valley, an Iowa-based property management company offering rental housing throughout the Cedar Valley and surrounding regional markets. Browse our available apartments, homes, and student housing options to find the right fit for your next home.


Year Built: 2018

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, The Lofts at Grand Crossing is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, The Lofts at 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 The Lofts at 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 The Lofts 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.
The Lofts at 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—in-unit laundry—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.
The Lofts at 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.
The Lofts at 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 The Lofts 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.
The Lofts at 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.

The Lofts at Grand Crossing is great for:

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • 1 internet service provider option nearby
  • 1 office supply store within 1 mile

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
  • 54 restaurants within 1 mile of this 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 The Lofts at Grand Crossing compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
More space
The 1-bedroom is 139 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

Considerations

Priced higher than average
1-bedrooms are $582 more than the median rent in this area
Greater distance from middle schools
The nearest middle school is farther than 2 miles away

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Rent trends in Downtown Waterloo

1-bedroom apartments here are priced 8% lower than 1-bedrooms in Downtown Waterloo.

Median rents as of Sep 26 2026.
Downtown Waterloo
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
October 2024$1,183
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$798
A table of studio rental data trends in Downtown Waterloo
MonthMedian Rent
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
February 2026$1,200
March 2026$1,200
April 2026$1,200
July 2026$1,210
August 2026$1,210
September 2026$1,210

Affordability calculator

Can I afford to live at 21 W Jefferson St?

Bedrooms

1 bedroom

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

$45,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $45,000 annually to afford this 1-bedroom median monthly rent price of $1,125.
For more information on rent affordability, visit our rent calculator.

Schools near The Lofts at Grand Crossing

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 The Lofts at Grand Crossing

Getting around Waterloo near 21 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.

Points of interest for 21 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

4/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

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

Nightlife

4/10
Few or no bars within walking distance

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