Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Updated countertops
  • Large windows
  • Spacious living area
  • Ample cabinet space
  • Comfortable retreat

Location

1503 Franklin Street #1-1503, Waterloo, Iowa 50703, United States

Tour 1503 Franklin Street #1-1503

Contact

Fortressjoy Investments Llc

Lafayette Property Management Group

(844) 326-6575 ext. 2270

Property Overview

Featuring updated countertops and large windows that enhance the spacious living area, this residence provides ample cabinet space and a comfortable retreat. Conveniently located, it is close to a highly-rated high school, just over half a mile away, and benefits from pet-friendly amenities with a nearby pet supply store.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • High school nearby

Great for

  • Pet owners

Amenities for 1503 Franklin Street #1-1503

Apartment Amenities

CarpetVinyl Floors

Appliances

Refrigerator

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 1503 Franklin Street #1-1503

HomeHouses in Waterloo 1503 Franklin Street #1-1503, Waterloo, Iowa 50703, United States

1-Bedroom, 1-Bathroom Home for Rent This well-maintained 1-bedroom, 1-bathroom home features modern updates and a welcoming atmosphere. The property offers a spacious living area with beautifully finished dark wood-style flooring and fresh paint throughout. Large windows provide excellent natural light, enhancing the home's bright and open feel. The kitchen is equipped with ample cabinet space, updated countertops, and essential appliances, creating a functional and attractive space for everyday use. The bedroom provides a comfortable retreat, and the bathroom is clean and well-kept. With its practical layout and recent updates, this home is move-in ready and ideal for individuals or couples seeking a cozy, easy-to-maintain residence. Property Features: 1 bedroom / 1 bathroom Updated kitchen with generous cabinet space Durable, modern flooring throughout Freshly painted interiors and detailed trim work Bright and inviting living space Perfect for: singles and couples. Schedule a showing today to see all that this home has to offer.


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 1503 Franklin St, Waterloo, IA 50703, USA compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away

Address details

Zip code50703
TypeHouse for rent

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Rent trends in Waterloo

1-bedroom apartments at 1503 Franklin Street #1-1503 cost about 8% more than the average rent price for 1-bedroom apartments in Waterloo.

Median rents as of Jan 17 2026.
Waterloo
A table of 1-bedroom apartment rental data trends in Waterloo
MonthMedian Rent
February 2024$600
March 2024$610
April 2024$628
May 2024$625
June 2024$638
July 2024$791
August 2024$730
September 2024$708
October 2024$675
November 2024$655
December 2024$656
January 2025$650
February 2025$650
March 2025$652
April 2025$653
May 2025$660
June 2025$652
July 2025$657
August 2025$667
September 2025$678
October 2025$646
November 2025$660
December 2025$643
January 2026$650

Affordability calculator

Can I afford to live at 1503 Franklin Street #1-1503?

Bedrooms

1 bedroom

Rent-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

$28,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this 1-bedroom monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1503 Franklin Street, Waterloo, IA.
1 year ago$5751 bed1 bath

Schools near 1503 Franklin Street #1-1503

Highland Elementary School

812 idaho st

waterloo, IA, 50703

PK, K-5Public
C
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Internet available near 1503 Franklin Street #1-1503

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Waterloo near 1503 Franklin Street #1-1503

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1503 Franklin Street #1-1503, Waterloo

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 1503 Franklin Street #1-1503

Balkan Grocery
1816 Williston Ave
City of Waterloo-Public Market
327 W 3rd St
S International Market
822 Laporte Rd
Guddi Mart
506 Byron Ave
Fareway
215 S Evans Rd

Other units at this address

1503 Franklin St Waterloo, IA

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$575

Days on market: 110
Description: This 1 bedroom, 1 bath duplex has been recently renovated! Large living room and dining room. Please contact EPM Iowa directly for more information and to apply. Schools: Highland Elementary, George Washington Carver Academy, East High School Utilities Included: Water/sewer, Electricity, Gas Move-In Costs: $575 Deposit, $575 Rent Lawn/Snow: Residents responsibility Section 8: Not Applicable Office Phone #: 319-222-1515 Email: **** Website: www epmiowa com All EPM Iowa residents are enrolled in the Resident Benefits Package (RBP) for $49.00/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.

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