Zumper

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

Apartment for rent
Monthly rent
$625–$650
Beds2
Baths1
Sqft560–600
modified
Listed 2 Days Ago

Units

303 Franklin St Waterloo, IA

Available

2

2 Beds

1 Bath

$625

Listed on 03/05/2026
Listed by 303 Franklin Apt 2
Days on market: 139

New Listing

3

2 Beds

1 Bath

$650

Listed on 07/21/2026
Listed by 303 Franklin Apt 3
Days on market: 2

Occupied Units

Occupied

1

2 Beds

1 Bath

$565

Listed by Leasing Office
Days on market: 2540
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
  • Garage Parking
  • Business Center
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

Visit 303 Franklin St in Waterloo, IA, and discover a charming 3-unit property that offers a comfortable 2-bedroom floorplan. With units ranging in size from 560 to 600 square feet, you'll find the perfect space to call home. Enjoy the convenience of utilities included, as well as amenities like an oven for cooking up a storm and windows that bring in plenty of natural lighting. This property is ideal for those looking for a long-term rental. As an added bonus, the property's intimate setting allows for a peaceful living environment. With only 3 units, you'll feel right at home in this cozy community. Note that this property is not pet-friendly. Come see what 303 Franklin St has to offer!

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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 25% less than the average for similarly sized apartments in Waterloo.

Median rents as of Jul 18 2026.
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
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$696
April 2026$836
May 2026$700
June 2026$606
July 2026$849

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

$25,500/yr

With your selected rent-to-income ratio, you'd ideally want to make $25,500 annually to afford this 2-bedrooms median monthly rent price of $637.
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.
This month$6502 bed1 bath
4 months ago$6502 bed1 bath
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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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
More spots are within biking distance and some roads are cyclist-friendly.

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

9/10
At least one elementary school within a 5-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 303 Franklin St

City of Waterloo-Public Market
327 W 3rd St
Balkan Grocery
1816 Williston Ave
Guddi Mart
506 Byron Ave
S International Market
822 Laporte Rd
Mooroo
3015 Kimball Ave

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