4 Days Ago
Highlights
- Air conditioning
- Shared laundry
- On and off-street parking
Location
120 Sherwood Ct, Waterloo, IA 50701, USA
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Property Overview
120 Sherwood Ct offers strong overall value with an 8.8/10 expert rating, highlighted by a perfect 10/10 for both price and amenities. Residents benefit from air conditioning, shared laundry, on- and off-street parking, and outdoor spaces, while a 9/10 location score reflects convenient access to key local destinations, including a nearby pet supply store. A solid 8/10 trustworthiness rating indicates transparent, detailed property information that helps set clear expectations.
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.
Things you’ll love
Laundry available on site- Outdoor space
Great for
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 490 sqft | $625 /mo | 2 units available | Welcome to your new home in Waterloo, IA! This refreshed 1-bedroom apartment blends comfort, convenience, and privacy — all within minutes of downtown. This 1st floor corner unit features a private entrance giving you a quiet and tucked-away living space while keeping you close to local restaurants, shopping, and entertainment. Apartment Highlights: -Open-concept kitchen and living room for a modern and spacious feel. -New hard surface flooring throughout and freshly painted walls. -Updated bathroom with a brand-new medicine cabinet. -Off-street parking for easy and reliable access. -Enjoy the perfect balance of privacy and proximity to everything downtown has to offer — from local dining and coffee shops to walking trails and community events. Rent: $650/month Deposit: $650.00 Tenant Responsible For: MidAmerican Electric Additional $35/month Includes: Water, trash service, snow removal, monthly pest control, and full access to the 24/7 online resident portal for rent payments and maintenance requests. |
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Amenities for 120 Sherwood Ct
Apartment Amenities
| One Bedroom | Open Concept Kitchen and Living Room |
| Trash |
Appliances
| Range | Refrigerator |
| Stove and Fridge |
Building
| Cats OK | Onsite Laundry |
| Shared Laundry |
Grounds
| Off-Street Parking | Outdoor Space |
Services
| Lawn Maintenance | Pest Control |
| 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
Dog Policy
Not allowed
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 8 |
|---|
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About 120 Sherwood Ct
Welcome to your new home in Waterloo, IA! This refreshed 1-bedroom apartment blends comfort, convenience, and privacy — all within minutes of downtown. This 1st floor corner unit features a private entrance giving you a quiet and tucked-away living space while keeping you close to local restaurants, shopping, and entertainment. Apartment Highlights: -Open-concept kitchen and living room for a modern and spacious feel. -New hard surface flooring throughout and freshly painted walls. -Updated bathroom with a brand-new medicine cabinet. -Off-street parking for easy and reliable access. -Enjoy the perfect balance of privacy and proximity to everything downtown has to offer — from local dining and coffee shops to walking trails and community events. Rent: $650/month Deposit: $650.00 Tenant Responsible For: MidAmerican Electric Additional $35/month Includes: Water, trash service, snow removal, monthly pest control, and full access to the 24/7 online resident portal for rent payments and maintenance requests.
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 120 Sherwood Ct is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 120 Sherwood Ct 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.
120 Sherwood Ct 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.
120 Sherwood Ct 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—cats allowed—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.
120 Sherwood Ct 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 120 Sherwood Ct 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.
120 Sherwood Ct is great 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 120 Sherwood Ct compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Waterloo
1-bedroom apartments at 120 Sherwood Ct cost about 4% less than the average rent price for 1-bedroom apartments in Waterloo.
Median rents as of May 9 2026.
Waterloo
| Month | Median Rent |
|---|---|
| May 2024 | $760 |
| 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 | $692 |
| March 2026 | $696 |
| April 2026 | $836 |
| May 2026 | $700 |
Affordability calculator
Can I afford to live at 120 Sherwood Ct?
Bedrooms
1 bedroomRent-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
$25,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $25,000 annually to afford this 1-bedroom monthly rent price of $625.
For more information on rent affordability, visit our rent calculator.
Schools near 120 Sherwood Ct
Irving Elementary School
1115 w 5th 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 120 Sherwood Ct
Neighborhood
Getting around Waterloo near 120 Sherwood Ct
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 120 Sherwood Ct, Waterloo
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Some bars within walking distance
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