Updated 2 Days Ago
Location
525 Colby Rd, Waterloo, IA 50701, USA
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Property Overview
525 Colby Rd received a strong expert rating from Zumper, indicating a favorable position in the market. This property offers several advantages, including attractive amenities and a convenient location. Notable features enhance its appeal, making it a versatile option for various lifestyle preferences.
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
Middle school nearby- High school nearby
- Elementary school nearby
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 816 sqft | $800 /mo | 1 unit available | 2 bedroom, 1 bath apartment available November 1st at 525 Colby in Waterloo. Secure building along with coin op laundry and off street parking. Refrigerator, stove and dishwasher included. Tenant is responsible for electric. No pets- Rent $800/Deposit $800. Please complete an application online at www cedarvalley4rent com or contact Chris at 319-830-5000 with questions. |
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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 | 8 |
|---|
About 525 Colby Rd
2 bedroom, 1 bath apartment available November 1st at 525 Colby in Waterloo. Secure building along with coin op laundry and off street parking. Refrigerator, stove and dishwasher included. Tenant is responsible for electric. No pets- Rent $800/Deposit $800. Please complete an application online at www cedarvalley4rent com or contact Chris at 319-830-5000 with questions.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 525 Colby Rd is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 525 Colby Rd 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.
525 Colby Rd 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·8A 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.
With multiple in-demand amenities, 525 Colby Rd is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
525 Colby Rd 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 525 Colby Rd 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.
525 Colby Rd 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 525 Colby Rd compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.1 miles away
- High school nearby
- There is a high school 0.5 miles away
- Elementary school nearby
- There is an elementary school 0.3 miles away
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Waterloo
2-bedroom apartments at 525 Colby Rd cost about 3% less than the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Oct 17 2026.
Waterloo
| Month | Median Rent |
|---|---|
| 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 |
| October 2026 | $824 |
Affordability calculator
Can I afford to live at 525 Colby Rd?
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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 2-bedrooms monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 525 Colby Rd
Lou Henry Elementary School
312 rachael st
waterloo, IA, 50701
K-5Public
C+
Bess Streeter Aldrich Elementary School
2526 ashworth dr
cedar falls, IA, 50613
PK, K-6Public
A
Cedar Falls Virtual Campus
1002 w 1st st
cedar falls, IA, 50613
K-12Public
Neighborhood
Getting around Waterloo near 525 Colby 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.
Cycling
5/10
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 525 Colby Rd, Waterloo
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
3/10
Some bars within walking distance
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