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Verified

Pet Friendly

Refrigerator

227 Madison St

Waterloo, IA 50703 - Black Hawk County

Apartment

2 beds

1 baths

816 sqft

About 227 Madison St

Description: This 2-bedroom apartment features hardwood floors throughout and a basement for extra storage. Fridge and stove will be provided. Schools: Highland Elementary, George Washington Carver School, East High School. Utilities: Landlord is responsible for Garbage, Lawn/Snow. Tenant is responsible for Electric, Gas, Water/Sewer. Average Utilities: $100. Move-In Costs: $749 Deposit, $749 Rent. Lawn/Snow: Landlord responsibility. Washer/Dryer: Hookups in basement. Ac: N/A. Section 8: Applicable. All Epm Iowa residents are enrolled in the Resident Benefits Package (rbp) for $49/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program and much more. More details upon application. Pet Friendly.

RentalSource last checked: June 11, 2026 · 2:19 PM ET

Last updated: June 6, 2026 at 4:48 PM ET

Managed by: EPM Iowa · (319) 349-2975 · TenantTurner

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$749
Bedrooms:	2 beds
Bathrooms:	1 baths

Size:	816 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	83758812

Property Amenities

• Hardwood Floors

• Pet Friendly

• Refrigerator

• Washer/Dryer In Unit

Community Features

• Storage

Leasing Information

Fees: Application fee $45 (mandatory, nonrefundable, pre-move-in). Lease processing fee $150 (mandatory, nonrefundable, pre-move-in).

Additional Details

Apartment for rent in Waterloo for $749 with 2 beds, 1 bath, 816 sqft, pet friendly and located at 227 Madison St in Waterloo, IA 50703. The rental price of $749 is 31.8% ($349) lower than the average rent of $1,098 for a 2 bedroom apartment in Waterloo, IA and 38.5% ($468) lower than the average rent of $1,217 for a 2 bedroom apartment in Black Hawk County. This apartment is in the Waterloo Community School District and the nearest schools are Highland Elementary School, Expo Alternative Learning Center and East High School. 227 Madison St was advertised by EPM Iowa on June 5, 2026 at 10:01 AM ET, last updated on June 6, 2026 at 4:48 PM ET and last checked yesterday at 2:19 PM ET.

Affordability Calculator

Can I afford to live at 227 Madison St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$29,960 /year

With your chosen rent-to-income ratio, an annual income of $29,960 is recommended to comfortably afford this 2-bedroom rental priced at $749 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$749

Rent Affordability Calculator

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Property managed by:

EPM Iowa
(319) 349-2975

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