20 Hours Ago
Highlights
Pet Friendly
Location
509 Carolina Ave, Waterloo, IA 50702, USA
Tour 509 Carolina Ave
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Spacious 3 Bedroom, 1.5 Bath Home with central AC for Rent!!!
Mgt Property Management Co
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Amenities for 509 Carolina Ave
Community
| Cats OK | Dogs OK |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 509 Carolina Ave
Now Leasing this spacious house! This large 3-bedroom, 1.5-bath home is available for rent in a quiet, family-friendly neighborhood directly across the street from a beautiful park. The home features a custom oak kitchen with plenty of cabinet and counter space, a bright and open living area, and three good sized bedrooms. The full bathroom is located on the main floor, while the basement includes a convenient half bath and offers a large open area ideal for storage, a home gym, or a hobby space and optional laundry hookups. Outside, you'll enjoy a fully fenced backyard, perfect for pets or outdoor gatherings, along with a two-stall detached garage for secure parking and additional storage. This home is ideal for families or anyone seeking extra space and comfort in a great location. Pets are allowed with monthly pet fee. Tenants are responsible for utilities, lawn care and snow removal. Location does not accept Section 8. No smoking of any kind permitted inside property. Contact MGT Property Management today to set up a showing! mgtpm. com (319) 242-3020
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 509 Carolina Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
Address details
| Zip code | 50702 |
|---|---|
| Type | House for rent |
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Rent trends in Waterloo
3-bedroom apartments at 509 Carolina Ave cost about 30% more than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of Jul 4 2026.
Waterloo
| Month | Median Rent |
|---|---|
| July 2024 | $1,060 |
| August 2024 | $1,066 |
| September 2024 | $1,075 |
| October 2024 | $1,072 |
| November 2024 | $1,044 |
| December 2024 | $1,009 |
| January 2025 | $1,050 |
| February 2025 | $1,062 |
| March 2025 | $1,075 |
| April 2025 | $1,005 |
| May 2025 | $1,013 |
| June 2025 | $1,062 |
| July 2025 | $1,065 |
| August 2025 | $1,075 |
| September 2025 | $1,090 |
| October 2025 | $1,090 |
| November 2025 | $1,032 |
| December 2025 | $1,000 |
| January 2026 | $1,003 |
| February 2026 | $1,045 |
| March 2026 | $1,079 |
| April 2026 | $1,033 |
| May 2026 | $1,064 |
| June 2026 | $1,100 |
| July 2026 | $1,075 |
Affordability calculator
Can I afford to live at 509 Carolina Ave?
Bedrooms
3 bedroomsRent-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
$55,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this 3-bedrooms monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 11 months ago | $1,350 |
Schools near 509 Carolina 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 509 Carolina Ave
Neighborhood
Getting around Waterloo near 509 Carolina Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 509 Carolina Ave, Waterloo
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
3/10
Some bars within walking distance
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