Zumper

303 Franklin St
303 Franklin St, Waterloo, IA 50703, USA

Apartment for rent
Monthly rent
$650
Beds2
Baths1
Sqft560–600
modified
16 Hours Ago

Units

303 Franklin St Waterloo, IA

New Listing

3

2 Beds

1 Bath

$650

Listed on 03/08/2026
Listed by 303 Franklin Apt 3
Days on market: 1

New Listing

2

2 Beds

1 Bath

$650

Listed on 03/05/2026
Listed by 303 Franklin Apt 2
Days on market: 3

Occupied Units

Occupied

1

2 Beds

1 Bath

$565

Listed by Leasing Office
Days on market: 2404
303 Franklin St Apt 1 - Waterloo IA - 2 BR 1 BA - Spacious two bedroom one bathroom upper level apartment with beautiful woodwork, decorative fireplace and a garage. Stove and refrigerator included. No pets. No Section 8. Please read the qualifications page on our website at www preglerproperties com . If you feel you qualify please complete an application at www preglerproperties com . There is a yellow link on our site for anyone that is using their smartphone instead of a computer to complete the application. Click on the yellow link on your phone and it will redirect you to a phone friendly application. Anyone over age 18 that will be living here needs to complete an application. If you are applying with someone else, please specify their name under the section on application where it states “OTHER OCCUPANTS”, so that we can use your combined income to help qualify you. Once the background check is complete and you are approved we will contact you to schedule a showing. Please be sure to be honest on your application. Any falsified information is an automatic denial. Please allow a minimum of 2 business days for us to process your application. Thank you for choosing Pregler Properties, we look forward to working with you. No Pets Allowed

Amenities for 303 Franklin St

Some units at this address have these amenities. View unit details for more information.

Building
  • Business Center
  • Garage Parking
Unit Amenities
  • Assigned Parking
  • Fireplace

Policies at 303 Franklin St

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 303 Franklin St

HomeApartments in Waterloo 303 Franklin St #3, Waterloo, IA 50703, USA

Interested in leasing 303 Franklin St, Waterloo, IA 50703, USA? Currently, 303 Franklin St, Waterloo, IA 50703, USA is available to rent or lease. It is a 2-bedroom apartment with 1 bathroom. Below, you can compare the rent price at 303 Franklin St, Waterloo, IA 50703, USA vs overall rent prices in Waterloo, IA. We have compiled nearby businesses and things to do close to 303 Franklin St, Waterloo, IA 50703, USA.

Address details

Units3
Units available2
City
Zip code50703

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

Positives

High school nearby
There is a high school 0.3 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Waterloo

If you decide to upgrade your space, you can expect 2-bedrooms at 303 Franklin St #3 to be 21% less than the average for similarly sized apartments in Waterloo.

Median rents as of Mar 7 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
March 2024$612
April 2024$518
May 2024$762
June 2024$918
July 2024$1,200
August 2024$1,200
September 2024$1,187
October 2024$1,187
November 2024$1,120
December 2024$1,106
January 2025$1,100
February 2025$1,062
March 2025$1,100
April 2025$1,100
May 2025$1,100
June 2025$1,072
July 2025$975
August 2025$1,100
September 2025$1,105
October 2025$991
November 2025$841
December 2025$666
January 2026$600
February 2026$692
March 2026$600

Affordability calculator

Can I afford to live at 303 Franklin St?

Bedrooms

2 bedrooms

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

$26,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this 2-bedrooms median monthly rent price of $650.
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 303 Franklin St, Waterloo, IA.
6 years ago$5652 bed1 bath

Schools near 303 Franklin St #3

Cunningham School

1224 mobile st

waterloo, IA, 50703

PK, K-5Public
C-

Cedar Falls Virtual Campus

1002 w 1st st

cedar falls, IA, 50613

K-12Public

Bess Streeter Aldrich Elementary School

2526 ashworth dr

cedar falls, IA, 50613

PK, K-6Public
A
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Neighborhood

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

Getting around Waterloo near 303 Franklin St

Walking

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

Driving

7/10
This area is close to freeways and has adequate parking options.

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 303 Franklin St, Waterloo

Groceries

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

Shopping

3/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

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

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

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