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modified
1 Day Ago

Highlights

  • Pet Friendly
  • Prime location
  • Discounted fit gym membership
  • Unique layout
  • Snow removal included
  • Smoke-free environment
  • Convenient spot

Location

1632 Waterloo Rd, Cedar Falls, IA 50613, USA
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Contact

pmc-logo

Management

CV Properties II, LLC

Our team has verified this company

Leasing office

(641) 215-6535

Property Overview

1632 Waterloo Rd in Cedar Falls presents an exceptional living opportunity, highlighted by its prime location and unique layout. With a Zumper expert rating of 9.9, it excels in amenities, pricing, and trustworthiness, offering unmatched convenience to restaurants, cultural centers, and outdoor spaces. Additionally, the property fosters a smoke-free environment and provides a discounted gym membership, making it appealing for those seeking a vibrant lifestyle.

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

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, 1632 Waterloo Rd - Cedar Falls is one of the top properties in this neighborhood. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • Middle school nearby
  • More space
  • Images Available

Great for

  • Social life
  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath825 sqft$850 /mo1 unit availableWelcome to 1632 Waterloo Rd in Cedar Falls, IA! This one-bedroom, one-bathroom apartment offers a convenient and comfortable living experience. Located in a prime location, you'll have easy access to all that Cedar Falls has to offer. At 1632 Waterloo Rd, we prioritize your convenience and well-being. We understand the importance of staying active, which is why we offer a discounted FIT Gym membership for our residents. Say goodbye to the hassle of paper checks with our online rent payment system, making it quick and easy to manage your monthly payments. Our online maintenance portal ensures that any issues or repairs are promptly addressed, providing you with peace of mind. Experience the apartment from the comfort of your own home with our virtual walkthrough, allowing you to envision your new space before even stepping foot inside. Additionally, we provide a zero deposit alternative, giving you flexibility and affordability. Parking is made easy with our surface parking, ensuring that you always have a convenient spot for your vehicle. We also prioritize the health and well-being of our residents by maintaining a smoke-free environment. 1632 Waterloo Rd offers a comfortable and convenient living experience in Cedar Falls, IA. With our array of amenities and prime location, you'll find everything you need right at your fingertips. Don't miss out on this opportunity - apply today and make 1632 Waterloo Rd your new home! 3D Tour: https app cloudpano com tours iUoRje1N6?mls=1
2BR/1.0BA2 bed1 bath820 sqft$950 /mo1 unit availableSNAPSHOT – Multi Unit house that has been renovated into apartments – Unique layout – Perfect for College Students looking to live off campus BENEFITS – lawn care, and snow removal included – Love pets? Your dog/cat is welcome at no additional cost to you! See our Pet Policy – Online Payments Accepted SCHOOLS – Elementary: Cedar Heights – Junior High: Holmes – High School: Cedar Falls 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. Our staff is ready to serve you! 3D Tour: https app cloudpano com tours 6GNHNyVlW?mls=1

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Amenities for 1632 Waterloo Rd - Cedar Falls

Apartment Amenities

Water

Appliances

Gas RangeOven
RefrigeratorStove/Oven

Building

Cats OKDogs OK
Fitness CenterSewer
Smoke-free

Grounds

Assigned ParkingOutdoor Space

Services

Discounted FIT Gym Membership AvailableGarbage
Lawn CareSnow Removal
Virtual Walkthrough

Other

Online ApplicationOnline Maintenance Portal
Online Rent Payment
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

Application Fee

One-time. Agent application fee

$20

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Base Rent

Monthly rent payment

$850–$950

OPTIONAL FEES

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Cat

Pet Rent

Monthly. 1 cat max.

Contact Property

Dog

Pet Rent

Monthly. 1 dog max.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units4
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About 1632 Waterloo Rd - Cedar Falls

HomeApartments in Cedar Falls 1632 Waterloo Rd - Cedar Falls

SNAPSHOT – Multi Unit house that has been renovated into apartments – Unique layout – Perfect for College Students looking to live off campus BENEFITS – lawn care, and snow removal included – Love pets? Your dog/cat is welcome at no additional cost to you! See our Pet Policy – Online Payments Accepted – Free online rental application SCHOOLS – Elementary: Cedar Heights – Junior High: Holmes – High School: Cedar Falls 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. Our staff is ready to serve you!


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.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, 1632 Waterloo Rd - Cedar Falls is one of the top properties in this neighborhood. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated 1632 Waterloo Rd - Cedar Falls
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.
1632 Waterloo Rd - Cedar Falls 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·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.
1632 Waterloo Rd - Cedar Falls 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—pets allowed—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.
1632 Waterloo Rd - Cedar Falls 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.
1632 Waterloo Rd - Cedar Falls 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 1632 Waterloo Rd - Cedar Falls.
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.
1632 Waterloo Rd - Cedar Falls 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.

1632 Waterloo Rd - Cedar Falls is great for:

Social life

  • This community has public spaces on site, like fitness centers or pools
  • 99 restaurants within 1 mile of this property
  • 170 mixed-use spaces nearby
  • 22 museums, art galleries, or cultural centers within 1 mile

Pet owners

  • Outdoor spaces are available at this property
  • 3 pet grooming services nearby
  • 7 pet supply stores near the property
  • 3 pet hospitals in the area

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 1632 Waterloo Rd - Cedar Falls compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
More space
The 1-bedroom is 190 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address

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Rent trends in Cedar Falls

1-bedroom apartments here are priced 11% lower than 1-bedrooms in Cedar Falls.

If you decide to upgrade your space, you can expect 2-bedrooms at 1632 Waterloo Rd - Cedar Falls to be 24% less than the average for similarly sized apartments in Cedar Falls.

Median rents as of Oct 18 2025.
Cedar Falls
A table of studio rental data trends in Cedar Falls
MonthMedian Rent
November 2023$767
December 2023$795
January 2024$795
February 2024$750
March 2024$725
April 2024$832
May 2024$933
June 2024$920
July 2024$895
August 2024$895
September 2024$895
October 2024$895
November 2024$837
December 2024$802
January 2025$795
February 2025$806
March 2025$802
April 2025$890
May 2025$950
June 2025$931
July 2025$915
August 2025$950
September 2025$930
October 2025$950

Affordability calculator

Can I afford to live at 1632 Waterloo 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

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 1-bedroom monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.

Schools near 1632 Waterloo Rd - Cedar Falls

Cedar Heights Elementary School

2417 rainbow dr

cedar falls, IA, 50613

PK, K-6Public
B
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Internet available near 1632 Waterloo Rd - Cedar Falls

Getting around Cedar Falls near 1632 Waterloo 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

8/10
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 1632 Waterloo Rd, Cedar Falls

Groceries

5/10
At least one grocery store within a 30-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

4/10
Few or no bars within walking distance

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