Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly
  • All utilities included
  • Maintenance team
  • Property manager

Location

501 W 2nd St, Cedar Falls, IA 50613, USA
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour 501 W 2nd St

Contact

pmc-logo

Management

CV Properties, LLC

Our team has verified this company

Leasing office

(319) 242-5992

Property Overview

501 W 2nd St includes all utilities, along with a maintenance team and property manager, which can simplify day-to-day living. These features contribute to its overall appeal and reflect a well-supported living environment.

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, 501 W 2nd St 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

  • High school nearby
  • Elementary school nearby

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath$950 /mo1 unit availableSNAPSHOT – Nice rental located in a quiet Cedar Falls neighborhood – Only a few blocks from Cedar Falls Main Street BENEFITS – Lawn care & snow removal included – Love pets? Your dog/cat is welcome! See our Pet Policy – Online Payments Accepted 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!

Let's explore this property.

Amenities for 501 W 2nd St

Apartment Amenities

GasUtilities Included
Water

Appliances

ElectricOven
RefrigeratorStove/Oven

Building

Cats OKDogs OK
Fitness CenterSewer
Smoke-free

Grounds

Outdoor Space

Services

Discounted FIT Gym Membership AvailableGarbage
Lawn Care and Snow Removal Included

Other

Online Maintenance PortalOnline 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

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units3
Advertisement

About 501 W 2nd St

HomeApartments in Cedar Falls 501 W 2nd St

SNAPSHOT – Nice rental located in a quiet Cedar Falls neighborhood – All Utilities Included – Only a few blocks from Cedar Falls Main Street BENEFITS – Lawn care & snow removal included – Love pets? Your dog/cat is welcome! See our Pet Policy – Online Payments Accepted – Free online rental application 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, 501 W 2nd St 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 501 W 2nd St
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.
501 W 2nd St 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.
501 W 2nd St 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.
501 W 2nd St 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.
501 W 2nd St 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 501 W 2nd St.
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.
501 W 2nd St 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.

501 W 2nd St is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet hospital in the area
  • 1 pet supply store near the 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 501 W 2nd St compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Elementary school nearby
There is an elementary school 0.4 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Cedar Falls

2-bedroom apartments at 501 W 2nd St cost about 16% less than the average rent price for 2-bedroom apartments in Cedar Falls.

Median rents as of Jun 13 2026.
Cedar Falls
A table of studio rental data trends in Cedar Falls
MonthMedian Rent
June 2024$900
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$939
November 2025$865
December 2025$807
January 2026$833
February 2026$839
March 2026$875
April 2026$906
May 2026$998
June 2026$999

Affordability calculator

Can I afford to live at 501 W 2nd St?

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

$38,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 2-bedrooms monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.

Schools near 501 W 2nd St

Cedar Falls Virtual Campus

1002 w 1st st

cedar falls, IA, 50613

K-12Public

Lincoln Elementary School

321 8th st

cedar falls, IA, 50613

PK, K-6Public
B

Bess Streeter Aldrich Elementary School

2526 ashworth dr

cedar falls, IA, 50613

PK, K-6Public
A
Powered byniche.com
Advertisement

Internet available near 501 W 2nd St

Getting around Cedar Falls near 501 W 2nd St

Walking

4/10
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

2/10
There are a few mass transit options within the area.

Points of interest for 501 W 2nd St, Cedar Falls

Groceries

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

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

4/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 501 W 2nd St

Rooted Carrot Co-op Market
123 W 7th St
Fareway
214 N Magnolia Dr
Hy-Vee
6301 University Ave
Natural Grocers
5410 University Ave
Fareway
4500 S Main St

Compare similar properties nearby

featured image of 4711 University Ave

Falls Edge Studios

Our team has verified this company

4711 University Ave

1 Bed

$1,200

dogs and cats ok
Yes
on-site laundry
No
dishwasher
No
featured image of 624 Magnolia Pkwy

624 Magnolia Pkwy

3 Beds

$975

dogs and cats ok
Yes
on-site laundry
No
dishwasher
No
featured image of 3684 W 4th St

3684 W 4th St

2 Beds

$775

dogs and cats ok
No
on-site laundry
Yes
dishwasher
Yes
featured image of 1133 Dixon Dr

1133 Dixon Dr

1 Bed

$700

dogs and cats ok
No
on-site laundry
Yes
dishwasher
No
featured image of 335 E Elder St

335 E Elder St

2 Beds

$750

dogs and cats ok
No
on-site laundry
Yes
dishwasher
No
featured image of 1113 W 7th St

1113 W 7th St

1 Bed

$725

dogs and cats ok
No
on-site laundry
No
dishwasher
No
featured image of 1436 Ansborough Ave

1436 Ansborough Ave

1 Bed

$800

dogs and cats ok
Yes
on-site laundry
No
dishwasher
No
featured image of 1867 Pinehurst Ct

1867 Pinehurst Ct

2 Beds

$1,200

dogs and cats ok
Yes
on-site laundry
No
dishwasher
Yes
featured image of 4711 University Ave

Falls Edge Studios

Our team has verified this company

4711 University Ave

1 Bed

$1,200

dogs and cats ok
Yes
on-site laundry
No
dishwasher
No
featured image of 624 Magnolia Pkwy

624 Magnolia Pkwy

3 Beds

$975

dogs and cats ok
Yes
on-site laundry
No
dishwasher
No
featured image of 3684 W 4th St

3684 W 4th St

2 Beds

$775

dogs and cats ok
No
on-site laundry
Yes
dishwasher
Yes
featured image of 1133 Dixon Dr

1133 Dixon Dr

1 Bed

$700

dogs and cats ok
No
on-site laundry
Yes
dishwasher
No
featured image of 335 E Elder St

335 E Elder St

2 Beds

$750

dogs and cats ok
No
on-site laundry
Yes
dishwasher
No
featured image of 1113 W 7th St

1113 W 7th St

1 Bed

$725

dogs and cats ok
No
on-site laundry
No
dishwasher
No
featured image of 1436 Ansborough Ave

1436 Ansborough Ave

1 Bed

$800

dogs and cats ok
Yes
on-site laundry
No
dishwasher
No
featured image of 1867 Pinehurst Ct

1867 Pinehurst Ct

2 Beds

$1,200

dogs and cats ok
Yes
on-site laundry
No
dishwasher
Yes

Check availability

Full name*
Move-in date*
Floor plan*
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by 501 W 2nd St.
Call