Zumper
modified
23 Hours Ago

Highlights

  • Off-street parking
  • Washer/dryer hookups
  • Electric laundry hookups
  • Full, unfinished basement
  • Central air

Location

1642 E Mitchell Ave, Waterloo, IA 50702, USA
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Contact

Management

Martin Inc Realtors

Leasing office

(319) 235-6553

Property Overview

1642 E. Mitchell Ave showcases exceptional value with a Zumper expert rating of 8.5, indicating strong overall appeal for renters. It offers a competitive pricing model and an impressive array of amenities, including off-street parking and central air, while achieving a remarkable 100 percentile value per square foot in the area. Its prime location enhances accessibility to key points of interest, further elevating the living experience.

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.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 1642 E. Mitchell Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1642 E. Mitchell Ave 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

  • More space
  • Laundry available on site

Floor plans

2BR/1.5BA2 bed1.5 bath992 sqft$825 /mo1 unit availableWelcome to your new home in the heart of Waterloo, IA. This spacious 2-bedroom apartment offers 1.5 bathrooms, providing ample space for your comfort and convenience. The apartment is equipped with central air to keep you cool during the summer months. The kitchen comes with all necessary appliances, making meal preparation a breeze. The full, unfinished basement provides a wealth of storage space or can be transformed into a personalized area to suit your needs. For your laundry needs, the apartment includes washer/dryer hookups and electric laundry hookups in the basement. Parking is never an issue with off-street parking available in our dedicated lot. Experience the perfect blend of comfort and convenience in this Waterloo apartment. You will need to fill out an application and be APPROVED prior to scheduling a viewing with our office- to fill out an application, go to www RentWithMartin com and click "Apply Now" on the property you are interested in, **Apps may be moved to other units should you not like the one you picked in person or it gets rented by another party. Once the application is complete we will schedule a showing time with you! Looking to improve your credit this year? Renting with Martin Realtors and paying rent on time will increase your score!! At Martin Inc Realtors, we believe in fair and accessible housing for all. Approved applicants who choose to rent with us and meet the current HUD low-income limits for the Waterloo–Cedar Falls area will have their application fee refunded as a rent credit applied toward their first month’s rent upon move-in. *Schools: Elementary- Lowell Middle- Hoover Highschool- West High **Nearby Attractions! Waterloo Center for the Arts Grout Museum District Cedar Valley Sportsplex Cedar Valley trail system / trails map Main Street Waterloo / downtown attractions Waterloo Black Hawks (hockey) Waterloo Bucks (summer baseball) Experience Waterloo events, dining, and festivals National Cattle Congress / local events

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Amenities for 1642 E. Mitchell Ave

Apartment Amenities

Air ConditioningCentral Air

Appliances

FridgeIn-Unit Laundry
Kitchen AppliancesRange
RefrigeratorStove

Building

Onsite Laundry

Grounds

Off-Street Parking Lot
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

Units4
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About 1642 E. Mitchell Ave

HomeApartments in Waterloo 1642 E. Mitchell Ave

Welcome to your new home in the heart of Waterloo, IA. This spacious 2-bedroom apartment offers 1.5 bathrooms, providing ample space for your comfort and convenience. The apartment is equipped with central air to keep you cool during the summer months. The kitchen comes with all necessary appliances, making meal preparation a breeze. The full, unfinished basement provides a wealth of storage space or can be transformed into a personalized area to suit your needs. For your laundry needs, the apartment includes washer/dryer hookups and electric laundry hookups in the basement. Parking is never an issue with off-street parking available in our dedicated lot. Experience the perfect blend of comfort and convenience in this Waterloo apartment. You will need to fill out an application and be APPROVED prior to scheduling a viewing with our office- to fill out an application, go to www RentWithMartin com and click "Apply Now" on the property you are interested in, **Apps may be moved to other units should you not like the one you picked in person or it gets rented by another party. Once the application is complete we will schedule a showing time with you! Looking to improve your credit this year? Renting with Martin Realtors and paying rent on time will increase your score!! At Martin Inc Realtors, we believe in fair and accessible housing for all. Approved applicants who choose to rent with us and meet the current HUD low-income limits for the Waterloo–Cedar Falls area will have their application fee refunded as a rent credit applied toward their first month’s rent upon move-in. *Schools: Elementary- Lowell Middle- Hoover Highschool- West High **Nearby Attractions! Waterloo Center for the Arts Grout Museum District Cedar Valley Sportsplex Cedar Valley trail system / trails map Main Street Waterloo / downtown attractions Waterloo Black Hawks (hockey) Waterloo Bucks (summer baseball) Experience Waterloo events, dining, and festivals National Cattle Congress / local events


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 Good
With a solid 8.5 out of 10 overall, 1642 E. Mitchell Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1642 E. Mitchell Ave 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 1642 E. Mitchell Ave
Price·9A 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.
1642 E. Mitchell Ave stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
1642 E. Mitchell Ave 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·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1642 E. Mitchell Ave 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 1642 E. Mitchell Ave 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.

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 1642 E. Mitchell Ave compares to other nearby properties.

Positives

More space
The 2-bedroom is 167 sqft larger than other listings nearby
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
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 Waterloo

2-bedroom apartments at 1642 E. Mitchell Ave cost about the same as the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Feb 21 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
March 2024$631
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$675

Affordability calculator

Can I afford to live at 1642 E Mitchell Ave?

Bedrooms

2 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

$33,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this 2-bedrooms monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.

Schools near 1642 E. Mitchell Ave

Kittrell Elementary School

1304 oregon st

waterloo, IA, 50702

PK, 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
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Internet available near 1642 E. Mitchell Ave

Neighborhood

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

Getting around Waterloo near 1642 E Mitchell Ave

Walking

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

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 1642 E Mitchell Ave, Waterloo

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

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

Nightlife

3/10
Few or no bars within walking distance

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