5+ Days Ago
Location
408 Oak Ave #B, Waterloo, IA 50703, USA|Franklin Gateway
Tour 408 Oak Ave #B
Contact
Pregler Properties LLC
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Amenities for 408 Oak Ave #B, Franklin Gateway
Apartment Amenities
| Utilities Included |
Appliances
| Range | Refrigerator, Stove & Oven |
Grounds
| Outdoor Space |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 408 Oak Ave #B
408 Oak Ave #B cost $675 per month. Located at 408 Oak Ave #B, Waterloo, IA 50703, USA, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Waterloo, renting this apartment is 4% more expensive per month.Other available apartments to lease near Waterloo around the same price include but are not limited to: 137 Western Ave
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 408 Oak Ave #B compares to other nearby properties.
Positives
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Franklin Gateway |
|---|---|
| Zip code | 50703 |
| Type | Apartment for rent |
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Rent trends in Franklin Gateway
1-bedroom apartments at 408 Oak Ave #B cost about the same as the average rent price for 1-bedroom apartments in Waterloo.
Median rents as of Jun 6 2026.
Franklin Gateway
Waterloo
| Month | Median Rent |
|---|---|
| June 2024 | $648 |
| 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 |
| February 2026 | $650 |
| March 2026 | $650 |
| April 2026 | $659 |
| May 2026 | $650 |
| June 2026 | $650 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,350 |
| August 2024 | $812 |
| September 2024 | $975 |
| March 2025 | $647 |
| April 2025 | $635 |
| August 2025 | $700 |
| September 2025 | $650 |
| October 2025 | $646 |
| January 2026 | $625 |
| February 2026 | $625 |
| March 2026 | $625 |
| June 2026 | $675 |
Affordability calculator
Can I afford to live at 408 Oak Ave #B?
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
$27,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,000 annually to afford this 1-bedroom monthly rent price of $675.
For more information on rent affordability, visit our rent calculator.
Schools near 408 Oak Ave #B
Becker Elementary School
1239 sheldon st
waterloo, IA, 50701
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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Internet available near 408 Oak Ave #B
Neighborhood
Franklin Gateway | Waterloo, IA
Getting around Waterloo near 408 Oak Ave #B
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 408 Oak Ave #B, 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
4/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
4/10
Some bars within walking distance
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- on-site laundry
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- on-site laundry
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