One and Two Bedroom, affordable assisted living in spacious private apartments with 24-hour monitoring and assisted living services available on-site; social programming in beautifully appointed community areas, including central dining.

The Rose of Waterloo
421 Oak Avenue
Waterloo, IA 50703

(64 units)

Gladys Rainey, Administrator
Office: 319-232-6061 ext. 10
Fax: 319-232-6571

Unit Floor Plans

Unit A – 1 Bedroom

Unit A1 – 1 Bedroom

Unit B – 1 Bedroom

Unit C – 1 Bedroom

Unit D – 1 Bedroom

Unit E – 2 Bedroom

Unit F  – 1 Bedroom

Unit G – 1 Bedroom

Property Amenities

  • 24-hour emergency response monitoring on-site
  • On-site assisted living services available from Open Arms Home Health Care
  • Central dining with private chef in atrium setting
  • Theater/Chapel with internet connection
  • Community Room with kitchen
  • Activities Room
  • Computer Den with internet connection
  • Library/reading area with fireplace
  • Assisted bathing area with whirlpool bath
  • Beauty/Barber Salon
  • Front porch area with outdoor seating
  • Back patio with raised-bed gardens & seating
  • Walkway around building, with landscaped grounds
  • Guest suite
  • Near bus-line
  • Laundry facilities on each floor

Unit Features

  • Spacious 1- or 2-BR apartments
  • Fully-equipped kitchen, incl. dishwasher & disposal
  • Kitchen desk or island
  • Mini-blinds on all windows
  • Bathroom vanity area with large closet
  • Shower with built-in seat
  • Large in-unit storage closet
  • Neutral color carpeting and walls
  • Air-conditioned

Income Guidelines

Guidelines are based on the median income for Black Hawk County and are subject to change.

NOTE: These ranges are for MAXIMUM income limits only. Minimum income limits are based on individual cases depending on assistance available.

Income cannot EXCEED these guidelines at the time of move-in.

Effective Date of MAXIMUM Income Limits – 5/15/2023.

(Household size)=Two levels of MAXIMUM Limits, depending on rental rate level.

(1) = $25,440 or $31,800/yr.
(2) = $29,080 or $36,350/yr.

Rental Rates: Effective 01/01/2023
(subject to change)

1 BR: $620 – $770/mo.
2 BR: $740 – $825/mo.

Application Fees:
$26.00 per person (nonrefundable)
$75.00 per person (nonrefundable) for in-home
health and medical status evaluation by Open Arms Home Health Care – Waterloo and required by Iowa Dept. of Inspections and Appeals.

Square Footage:
1 BR = 700-826 sq. ft.
2 BR = 849 sq. ft.


Garage: None. Off-street parking.

Bathrooms: 1 bath

Laundry Facilities: A central laundry on each floor for use by all residents.

Additional Amenities: Central Dining Room, Dining Room Meal Service, Nurses’ Office, Assisted Living Services, 24-hour Emergency Response Pendant System, Beauty/Barber Salon, Activity/Hobby Room, Activity/Socialization Programming, Community Room with patio and outdoor seating, Computer Room with internet, Library/Reading Area with fireplace, Chapel/Theater Area, Assisted Bathing Area with whirlpool bath, laundry.

Utilities: Gas and electric are included in unit rent.

Deposit: $800 security deposit (refundable).

Community Information

City of Waterloo