5+ Days Ago
Highlights
Pet Friendly
- Stainless steel appliances
- In-unit washer & dryer
- Pet friendly
Location
314 N Iowa Ave, Lakeland, FL 33801, USA|Parker Street
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Property Overview
Ferndale receives a strong overall rating of 7.8 from Zumper, reflecting its competitive pricing and valuable amenities, which score 8 out of 10. The property is ideally situated, achieving a remarkable location rating of 9, providing easy access to local points of interest. Notably, the residence features stainless steel appliances, in-unit laundry, and is pet-friendly, with nearby grooming and supply services enhancing its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,310 /mo | 1 unit available | Unique & Trendy 1 Bed / 1 Bath – Downtown Lakeland, FL Monthly Rent: $1,310 Security Deposit: $1,360 Pet Friendly – $250 pet deposit (max 2 pets, non-aggressive breeds only) Property Features: 1 Bedroom / 1 Bathroom Prime Downtown Lakeland location Stainless steel appliances Beautiful wood cabinets and wood trim throughout Ceiling fans In-unit washer & dryer for tenant use Spacious walk-in closet Lease Terms & Fees: Utilities: Tenant responsible for all utilities Lease Admin/Technology Fee: $125 (non-refundable, due at lease start) Application Fee: $55 per adult (18+), each adult must complete a separate application Qualification Requirements: Valid driver’s license or state-issued photo ID required for tours Full background and credit check (no minimum score required, 580+ preferred) Verifiable rental history GROSS monthly income of at least 3x the rent ($3,930+) Additional Policies: |
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Amenities for Ferndale
Building
| Cats OK | Dogs OK |
Grounds
| Assigned Parking |
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
Dog policy
| Allowed | |
|---|---|
| Limit | 1 |
Cat policy
| Allowed | |
|---|---|
| Limit | 1 |
Parking
| Assigned Parking | Contact for Price |
|---|
Building details
Property details
| Units | 6 |
|---|
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About Ferndale
Unique & Trendy 1 Bed / 1 Bath – Downtown Lakeland, FL Monthly Rent: $1,310 Security Deposit: $1,360 Pet Friendly – $250 pet deposit (max 2 pets, non-aggressive breeds only) Property Features: 1 Bedroom / 1 Bathroom Prime Downtown Lakeland location Stainless steel appliances Beautiful wood cabinets and wood trim throughout Ceiling fans In-unit washer & dryer for tenant use Spacious walk-in closet Lease Terms & Fees: Utilities: Tenant responsible for all utilities Lease Admin/Technology Fee: $125 (non-refundable, due at lease start) Application Fee: $55 per adult (18+), each adult must complete a separate application Qualification Requirements: Valid driver’s license or state-issued photo ID required for tours Full background and credit check (no minimum score required, 580+ preferred) Verifiable rental history GROSS monthly income of at least 3x the rent ($3,930+) Additional Policies:
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.8
/10
Very GoodFerndale is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, Ferndale is a great option for renters looking for apartments in Parker Street. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Ferndale is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Ferndale is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Ferndale does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Ferndale is great for:
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 Ferndale compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Parker Street
1-bedroom apartments at Ferndale cost about 22% less than the average rent price for 1-bedroom apartments in Parker Street.
Median rents as of Sep 20 2025.
Parker Street
Lakeland
| Month | Median Rent |
|---|---|
| October 2023 | $1,538 |
| November 2023 | $1,487 |
| December 2023 | $1,360 |
| January 2024 | $1,125 |
| February 2024 | $997 |
| March 2024 | $977 |
| April 2024 | $1,029 |
| May 2024 | $958 |
| June 2024 | $950 |
| July 2024 | $951 |
| August 2024 | $1,100 |
| September 2024 | $1,081 |
| October 2024 | $1,012 |
| November 2024 | $1,200 |
| December 2024 | $1,293 |
| January 2025 | $1,287 |
| February 2025 | $1,068 |
| March 2025 | $995 |
| April 2025 | $1,043 |
| May 2025 | $962 |
| June 2025 | $947 |
| July 2025 | $905 |
| August 2025 | $884 |
| September 2025 | $964 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,553 |
| November 2023 | $1,528 |
| December 2023 | $1,502 |
| July 2024 | $1,612 |
| August 2024 | $1,583 |
| September 2024 | $1,583 |
| November 2024 | $1,480 |
| December 2024 | $1,488 |
| January 2025 | $1,400 |
| March 2025 | $1,468 |
Affordability calculator
Can I afford to live at 314 N Iowa Ave?
Bedrooms
1 bedroomRent-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
$52,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,400 annually to afford this 1-bedroom monthly rent price of $1,310.
For more information on rent affordability, visit our rent calculator.
Schools near Ferndale
Philip O'Brien Elementary School
1225 lime st e
lakeland, FL, 33801
PK, K-5Public
C
Polk Virtual Instruction Program
900 lowry ave
lakeland, FL, 33801
K-12Public
B-
Doris A. Sanders Learning Center
1201 enchanted dr
lakeland, FL, 33801
PK, K-12Public
Jean O'Dell Learning Center
1310 floral ave s
bartow, FL, 33830
PK, K-12Public
Gause Academy of Leadership
1395 polk st w
bartow, FL, 33830
PK, 6-12Public
B-
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Internet available near Ferndale
Getting around Lakeland near 314 N Iowa Ave
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
5/10
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 314 N Iowa Ave, Lakeland
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 314 N Iowa Ave
IQ Foods Opco, LLC
404 N Ingraham Ave
Save-A-Lot
917 E Memorial Blvd
Super Choice Foods
610 W Memorial Blvd
Oriental Market
841 N Lake Parker Ave
Harveys Supermarket
1305 Ariana St
Amelia Paige Bout
223 N Kentucky Ave
Top Buttons Boutique
236 N Kentucky Ave
Edwards-Macy Women's Apparel
120 E Main St
Aya Brothers Clothing Corp
123 S Kentucky Ave
Urban Appeal
123 S Kentucky Ave
Mitchell's Coffee House
235 N Kentucky Ave
Mayday Handcrafted Ice Cream
640 E Main St
Black & Brew Coffee House & Bistro
205 E Main St
Divicious Deli & Coffee Shop
128 E Main St
Tropical Smoothie Cafe
225 S Florida Ave
Rec Room
202 N Massachusetts Ave
Black & Brew Coffee House & Bistro
205 E Main St
Molly McHugh's Irish Pub
111 S Kentucky Ave
Hookah Palace
122 S Kentucky Ave
Linksters Tap Room
209 E Main St
Stover Cakes
502 E Main St
Cake Makers Studio
115 S Kentucky Ave
Dominican Cake By G
1322 E Memorial Blvd
No Guilt Baking Company
1439 E Gary Rd
Born & Bread Bakehouse
1113 S Florida Ave
Barnett Family Park
Common Ground Playground
Lake Parker Eastside Park
Crystal Lake
Aldine Combee Park
Mitchell's Coffee House
235 N Kentucky Ave
Scream'n Tuna Sushi
270 E Bay St
Teriyaki Madness
304 N Kentucky Ave
Purple Onion Deli-Grill
316 N Kentucky Ave
Bay Street Bistro
211 E Bay St
N Mass Ave & E Bay St
Pink Line
N Mass Ave & E Bay St
Pink Line
600 E Main St
Silver Line 22xl
N Mass Ave & E Peachtreet St
Pink Line
E. Main St. & Iowa St.
Purple Line, Silver Line 22xl
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