7 Hours Ago
Location
540 Boston Ave, Waterloo, IA 50703, USA|Gates Park
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About 540 Boston Ave
Welcome home to this charming 1-bedroom, 1-bath house conveniently located on a quiet street in Waterloo. This cozy home offers a comfortable layout with an inviting living area, updated flooring, and plenty of natural light throughout. The kitchen features ample cabinet space and includes appliances, making it easy to move right in and start cooking your favorite meals. The bedroom is nicely sized, and the bathroom has been well maintained with modern touches. Enjoy the spacious backyard — perfect for relaxing, entertaining, or letting pets play. The property also includes off-street parking, Garage space and washer/dryer hookups for added convenience. Located near shopping, dining, and local parks, 540 Boston Ave provides easy access to everything Waterloo has to offer while maintaining a peaceful neighborhood feel.
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 540 Boston Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Neighborhood | Gates Park |
|---|---|
| Zip code | 50703 |
| Type | House for rent |
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Rent trends in Gates Park
2-bedroom apartments at 540 Boston Ave cost about the same as the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Nov 15 2025.
Gates Park
Waterloo
| Month | Median Rent |
|---|---|
| December 2023 | $791 |
| January 2024 | $800 |
| February 2024 | $750 |
| March 2024 | $770 |
| April 2024 | $806 |
| May 2024 | $850 |
| June 2024 | $842 |
| July 2024 | $867 |
| August 2024 | $879 |
| September 2024 | $875 |
| October 2024 | $850 |
| November 2024 | $850 |
| December 2024 | $850 |
| January 2025 | $848 |
| February 2025 | $843 |
| March 2025 | $860 |
| April 2025 | $865 |
| May 2025 | $845 |
| June 2025 | $857 |
| July 2025 | $870 |
| August 2025 | $862 |
| September 2025 | $850 |
| October 2025 | $850 |
| November 2025 | $850 |
| Month | Median Rent |
|---|---|
| December 2023 | $700 |
| January 2024 | $700 |
| February 2024 | $750 |
| March 2024 | $750 |
Affordability calculator
Can I afford to live at 540 Boston Ave?
Bedrooms
2 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
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 2-bedrooms monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Schools near 540 Boston Ave
Cunningham School
1224 mobile st
waterloo, IA, 50703
PK, K-5Public
C-
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Internet available near 540 Boston Ave
Neighborhood
Gates Park | Waterloo, IA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Waterloo near 540 Boston Ave
Walking
4/10
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 540 Boston Ave, Waterloo
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no 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 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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