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1 Bed
1 Baths
442 Sq. Ft. 
**First Month Free Special** Studio B | Arabella Apartments | Downtown Cedar Falls
Arabella offers modern downtown living in the heart of Cedar Falls. This beautiful mixed-use property features convenient ground-floor businesses with thoughtfully designed apartments on the second and third floors. Located on First Street between Washington and Clay Streets, Arabella puts you close to downtown dining, shopping, entertainment, and everything Cedar Falls has to offer.
Apartment Features:
-Modern 1- and 2-bedroom apartments in downtown Cedar Falls
-Spacious, open-concept floor plans
-A great fit for professionals, students, and anyone looking for an urban lifestyle
-Contemporary kitchens with stainless steel appliances
-Washer and dryer included in every apartment
Resident Benefits:
-Water, sewer, and garbage included
-Discounted FIT Gym Membership
-Pet-friendly — dogs and cats are welcome! Please review our Pet Policy for details.
-Convenient online payment options
-Flexible lease terms may be available — ask your leasing agent about availability and pricing
Ready to make Arabella your new home? Contact us today to schedule a showing.
Arabella is locally owned and locally managed. Our team is here to provide responsive, friendly service and help make your experience at Arabella feel like home.
**1st Month Free Special is offered for any NEW 12 month lease. Does not apply to shorter term leases.
Key Property Management provides full-service rental property management that protects your investment and simplifies ownership. We handle tenants, rent, and maintenance to reduce vacancies, maximize income, and give property owners peace of mind.
Clean Contracts
Innovative Systems
Clear & Consistent
Communication
Thorough Tenant
Screening
Posted on Google![]()
Ross JensenTrustindex verifies that the original source of the review is Google.
Had a great experience renting with Brent and Key Property Management. The property and unit were awesome in down town Cedar Falls. Brent is great to work with and very responsive when questions arise. Thank you for a great experience!Posted on Google![]()
Matthew Alverio-KapkaTrustindex verifies that the original source of the review is Google.
Key Property management was one of the best apartment experiences I've had. The rates are resonable for the quality of the apartment we had and maintenence was always quick and effective. Brent was a great and accommodating property manager to work with.Posted on Google![]()
Kate JTrustindex verifies that the original source of the review is Google.
4.5 Stars! The apartments over Palace Theater are in great condition. Tall cabinets, great view and location. The studio unit has ample closet space with in unit laundry. Pet friendly! KEY PM offers a few benefits for their renters that we definitely enjoyed. We also didn’t have to put a SINGLE maintenance request in the full year we stayed there. KEY PM came around periodically for routine things and always gave a good heads up. When my boyfriend was on nights, I requested that our unit was checked later in the afternoon; to not wake him up right after he got home. They acknowledged this and rescheduled with us. We were so grateful of that. When it came time to move out, Brent understood that we did our best to clean the place and didn’t scalp our refund! -.5 Star only due to snow upkeep (winter 2025 was pretty bad in Waverly so that didn’t help either) and the thermostats are sensitive in cold weather.Posted on Google![]()
KrissiTrustindex verifies that the original source of the review is Google.
Brent and the Key Property Management team were great to work with. Thankful they made my renting experience easy and enjoyable!Posted on Google![]()
ShalimarTrustindex verifies that the original source of the review is Google.
Very professional people to work with. The property was clean, well maintained, pet-friendly community and the grounds were always kept looking nice. I also appreciated the prompt communication from the management team whenever I had questions.Posted on Google![]()
Tracey ArmstrongTrustindex verifies that the original source of the review is Google.
Quiet, clean complex. Pet friendly, which was hard to find. Very responsive to maintenance requests and other concerns.Posted on Google![]()
Gina HoustonTrustindex verifies that the original source of the review is Google.
My sink was clogged on a Saturday and they worked really hard to get someone here to get it resolved for me quickly. Very friendly staff and easy to work with.Posted on Google![]()
carter CuvelierTrustindex verifies that the original source of the review is Google.
I lived in these apartments for 3 years and the experience was great! Quality apartments and up to date appliances. All maintenance requests were taken seriously, and handled in a prompt manner. Would highly recommend living here to anyone looking to rent in the Waverly area.
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