• Primary Photo - 4 Bed / 1.5 Bath Two Story House for Rent!!
  • Building Photo - 4 Bed / 1.5 Bath Two Story House for Rent!!
    Building Photo - 4 Bed / 1.5 Bath Two Story House for Rent!!
  • Building Photo - 4 Bed / 1.5 Bath Two Story House for Rent!!
    Building Photo - 4 Bed / 1.5 Bath Two Story House for Rent!!
$1,300 / Month

1135 Rainbow Dr

,

Waterloo, IA 50701

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319-242-3020

  • Bedrooms

    4

  • Bathrooms

    1

  • Square Feet

    1,477 sq ft

  • Available

    Available Aug 7

1135 Rainbow Dr
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About This Home

$1,300 deposit, Available Aug 7

SHOWINGS STARTING 8/3/26! Additional updated photos coming 8/1/2026!!! Welcome to this 4-bedroom, 1.5 bath home in Waterloo, IA! The main floor boasts a good-sized family room that overlooks the traditional dining room and the first bedroom to your right. Through the dining room is the large kitchen which provides an electric stove, refrigerator and plenty of cabinet space! At the rear of the house is the 1/2 bathroom and exit out to the side covered porch. As you proceed to the second floor there will be 3 bedrooms and the full bathroom through the large bedroom. Additional highlights include optional laundry hookups in the basement, off street parking! Additional Information: Pets are welcome with proof of vaccinations, proper registration and a monthly fee. Section 8 is not accepted at this location. Owner does not provide washer or dryer. Tenant responsible for maintaining renters' insurance for the duration of their lease. Tenant responsible for all utilities, lawn care and snow removal. Call today to schedule a viewing! Skip the wait and apply today! Application results generally take 24 hours or less! MGT Property Management

Unique Features

  • 4 BEDROOMS
  • DETATCHED DECK

1135 Rainbow Dr is a house located in Black Hawk County and the 50701 ZIP Code. This area is served by the Waterloo Community School District attendance zone.

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

  • One-Time Basics
    • Due at Move-In
      • Security Deposit - Refundable
        Charged per unit.
        $1,300

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

House Features

  • Yard

Contact

  • Listed by Mgt Property Management Co | Mgt Property Management Co
  • Phone Number
  • Contact
Location Get Directions
| Edit
Edit Commute

Under 30 minutes

Commute Time is calculated at rush hour.
City - Waterloo

Located in the Cedar Valley region of northeastern Iowa, Waterloo is a charming mid-sized city spread across the banks of the Cedar River. Residents enjoy a broad range of affordable apartments and condos available for rent in a laidback locale engulfed in lush, natural beauty.

Waterloo touts a diverse, close-knit community, coming together for a bevy of annual events like My Waterloo Days, National Cattle Congress, Iowa’s Irish Fest, and Cedar Valley Pride Fest. Waterloo boasts plenty of excellent opportunities for outdoor recreation at George Wyth State Park, Hartman Reserve, Hope Martin Memorial Park, and numerous golf courses. Waterloo is also home to one of the best water parks in the country, Lost Island, which draws residents and visitors alike.

Entertainment options abound in Waterloo, especially in the extensive Museum District, which offers walkable access to a host of museums, galleries, and venues.

Learn more about living in Waterloo 
Amenities
  • Yard
  • 4 BEDROOMS
  • DETATCHED DECK
Education
Colleges & Universities Distance
Colleges & Universities Distance
Allen College
Drive: 7 min 4.2 mi
University of Northern Iowa
Drive: 9 min 4.8 mi
Hawkeye Community College
Drive: 16 min 8.9 mi
Wartburg College
Drive: 26 min 18.7 mi
1135 Rainbow Dr is within 7 minutes or 4.2 miles from Allen College. It is also near University of Northern Iowa and Hawkeye Community College.
Schools
Fred Becker Elementary School
Public Elementary School
Grades PK-5
483 Students
Attendance Zone
Central Middle School
Public Middle School
Grades 6-8
431 Students
Attendance Zone
East High School
Public High School
Grades 9-12
1,002 Students
Attendance Zone
Valley Lutheran School
Private Elementary, Middle & High School
Grades K-12
177 Students
Nearby
Blessed Sacrament School
Private Elementary School
Grades PK-5
130 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation
Getting Around
Somewhat Walkable
Walkability
30 / 100
Limited Public Transit
Transit
20 / 100
Very Drivable
Drivability
80 / 100
Moderately Bikeable
Bikeability
60 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Active
Soundscore™
69 / 100

Traffic

Busy

Airport

Calm

Businesses

Calm

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from 1135 Rainbow Dr.

Shopping Centers Distance
Shopping Centers Distance
3551 University Ave
Drive: 3 min 1.6 mi
Midway Mall
Drive: 3 min 1.7 mi
Hancock Retail Center
Drive: 3 min 1.8 mi
1135 Rainbow Dr has 3 shopping centers within 1.8 miles, which is about a 3-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Hartman Reserve Nature Center
 Drive: 5 min 2.1 mi
Bluedorn Science Imaginarium
 Drive: 5 min 3.4 mi
Phelps Youth Pavilion
 Drive: 5 min 3.5 mi
Grout Museum of History & Science
 Drive: 5 min 3.5 mi
George Wyth State Park
 Drive: 12 min 4.6 mi
1135 Rainbow Dr has 5 parks within 4.6 miles, including Hartman Reserve Nature Center, Phelps Youth Pavilion, and Bluedorn Science Imaginarium.
Hospitals Distance
Hospitals Distance
Allen Hospital
Drive: 6 min 4.0 mi
Sartori Memorial Hospital
Drive: 9 min 4.3 mi
MercyOne Waterloo Medical Center
Drive: 10 min 5.8 mi
1135 Rainbow Dr has 3 hospitals within 5.8 miles, the nearest is Allen Hospital which is 4.0 miles away and a 6 minute drive.

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