Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly
  • Hardwood floors
  • Quartz countertops
  • Washer and dryer
  • Stainless steel appliances
  • Discounted fit gym membership
  • Modern amenities

Location

90 E Bremer Ave, Waverly, IA 50677, USA
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Management

Key Property Management

Our team has verified this company

Leasing office

(563) 208-6790

Property Overview

Palace Apartments is a highly rated, verified property with an overall Zumper Expert Rating of 9/10, excellent scores for location, quality, amenities, and trustworthiness, and strong value for the price. Renters benefit from modern finishes like hardwood floors, quartz countertops, stainless steel appliances, and in-unit washer and dryer, along with a discounted fitness membership and on-site gym and pool/spa. With outstanding value per square foot, strong pet-friendliness, robust fitness and wellness options nearby, and 27 detailed photos, it provides a well-rounded and convenient living experience.

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

9.0
Excellent
Palace Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Location, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • Dishwasher
  • Images Available

Great for

  • Pet owners
  • Wellness

Floor plans

StudioStudio1 bath600 sqft$1,120 /mo1 unit availableWelcome to Palace Apartments in the heart of downtown Waverly, IA. Located above the Palace Theater, our newly constructed apartments feature modern amenities such as hardwood floors, quartz countertops, and stainless steel appliances. Enjoy the convenience of online rent payment and maintenance requests, as well as the luxury of having a washer and dryer in your unit. Take advantage of the free golf membership and pool access included with your lease. Stay active with a discounted FIT gym membership available to residents. Palace Apartments is pet-friendly and recently renovated, offering a comfortable and stylish living space for all. Experience the best of downtown living at Palace Apartments in Waverly!
Palace Apartments - Two Bedrooms2 bed1 bath1,300 sqft$1,600 /mo1 unit available

Let's explore this property.

Amenities for Palace Apartments

Apartment Amenities

Air ConditioningCentral Air Conditioning
Heat PumpWater

Appliances

DishwasherFridge
MicrowaveOven
Refrigerator

Building

Cats OKDogs OK
Sewer

Grounds

Swimming Pool

Services

Garbage (Dumpster Service)

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

Units8
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About Palace Apartments

HomeApartments in Waverly Palace Apartments

Welcome to Palace Apartments in the heart of downtown Waverly, IA. Our newly constructed apartments feature modern amenities such as hardwood floors, quartz countertops, and stainless steel appliances. Enjoy the convenience of online rent payment and maintenance requests, as well as the luxury of having a washer and dryer in your unit. Take advantage of the free golf membership and pool access included with your lease. Stay active with a discounted FIT gym membership available to residents. Palace Apartments is pet-friendly and recently renovated, offering a comfortable and stylish living space for all. Experience the best of downtown living at Palace Apartments in Waverly!


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.
9.0
/10
Excellent
Palace Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Location, which help to make this rental a great place to call home.
How we rated Palace Apartments
Price·7A 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.
While the monthly rent is more than the median price per bedroom of nearby properties, Palace Apartments has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
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.
Palace Apartments 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.
Palace Apartments 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.
Palace Apartments 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 Palace Apartments.
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.
Palace Apartments 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.

Palace Apartments is great for:

Pet owners

  • 2 pet grooming services nearby
  • 3 pet supply stores near the property

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • On-site pool or spa
  • 11 sports facilities (like tennis courts) nearby

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 Palace Apartments compares to other nearby properties.

Positives

More space
The 2-bedroom is 288 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets

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Rent trends in Waverly

If you decide to upgrade your space, you can expect 2-bedrooms at Palace Apartments to be 78% more than the average for similarly sized apartments in Waverly.

Median rents as of May 9 2026.
Waverly
A table of 1-bedroom apartment rental data trends in Waverly
MonthMedian Rent
May 2024$1,100
June 2024$1,100
July 2024$1,166
August 2024$1,070
September 2024$1,125
November 2024$900
December 2024$881
January 2025$822
February 2025$800
March 2025$900
April 2025$900
May 2025$900
June 2025$800
July 2025$800
August 2025$773
September 2025$712
October 2025$798
November 2025$840
December 2025$800
January 2026$952
February 2026$1,134
March 2026$1,187
April 2026$925
May 2026$850

Affordability calculator

Can I afford to live at 90 E Bremer Ave?

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

$44,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,800 annually to afford this studio monthly rent price of $1,120.
For more information on rent affordability, visit our rent calculator.

Schools near Palace Apartments

Southeast Elementary School

809 4th st se

waverly, IA, 50677

K-4Public
B+

Margaretta Carey Elementary School

220 9th ave nw

waverly, IA, 50677

K-4Public
B+

West Cedar Elementary School

221 15th st nw

waverly, IA, 50677

K-4Public
A-

Shell Rock Elementary School

214 n cherry st

shell rock, IA, 50670

PK, K-4Public
A

Cedar Falls Virtual Campus

1002 w 1st st

cedar falls, IA, 50613

K-12Public
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Internet available near Palace Apartments

Getting around Waverly near 90 E Bremer Ave

Walking

4/10
Some shops and stores are within a few minutes.

Driving

10/10
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.

Points of interest for 90 E Bremer Ave, Waverly

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

3/10
No high schools within a 30-minute walk

Nightlife

6/10
Some bars within walking distance

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