5+ Days Ago
Highlights
Pet Friendly
- Maintenance team
- Staff
- Property manager
Location
515 1/2 Franklin St, Cedar Falls, IA 50613, USA
Tour 515 1/2 Franklin St
Contact
CV Commercial, LLC
Nearby rentals
Renter hub
Property management
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Property Overview
Situated in a prime location, the property features a dedicated maintenance team and property manager, ensuring smooth operations. With its proximity to a top-rated elementary school just 0.16 miles away and an impressive value ranking in the 94.74 percentile, it’s a strong contender in the area. Additionally, pet friendliness is evident with multiple nearby pet hospitals, outdoor spaces, and no breed restrictions, catering to pet owners and enhancing overall appeal.
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
Less expensive- Elementary school nearby
Great for
Pet owners
Amenities for 515 1/2 Franklin St
Appliances
| In-Unit Laundry | Range |
| Refrigerator | Washer and Dryer |
Building
| Cats OK | Dogs OK |
| Fitness Center | Smoke-free |
Grounds
| Outdoor Space |
Services
| Discounted FIT Gym Membership Available | Lawn Care |
| Snow Removal |
Other
| Online Maintenance Portal | Online Rent Payment |
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
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 515 1/2 Franklin St
SNAPSHOT – Located just blocks from University of Northern Iowa Campus – Ideal for College-Age or Young Professionals – Close to local shopping, dining, and nightlife BENEFITS – Lawn care included – Love pets? Your dog/cat is welcome! See our Pet Policy – Online Payments Accepted SCHOOLS – Elementary: Lincoln – Junior High: Holmes – High School: Cedar Falls SHOWINGS: - Schedule an appointment and a Property Manager will walk through the unit with you! Take the next step and reach out to us to schedule a showing. We are a locally owned, locally managed company with our own maintenance team. Our staff is ready to serve you!
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 515 1/2 Franklin St compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Zip code | 50613 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Cedar Falls
4-bedroom apartments at 515 1/2 Franklin St cost about 25% less than the average rent price for 4-bedroom apartments in Cedar Falls.
Median rents as of Oct 18 2025.
Cedar Falls
| Month | Median Rent |
|---|---|
| November 2023 | $1,700 |
| December 2023 | $1,720 |
| January 2024 | $1,750 |
| February 2024 | $1,762 |
| March 2024 | $1,650 |
| April 2024 | $1,693 |
| May 2024 | $1,683 |
| June 2024 | $1,592 |
| July 2024 | $1,625 |
| August 2024 | $1,610 |
| September 2024 | $1,500 |
| October 2024 | $1,681 |
| November 2024 | $1,820 |
| December 2024 | $1,800 |
| January 2025 | $1,800 |
| February 2025 | $1,800 |
| March 2025 | $1,775 |
| April 2025 | $1,800 |
| May 2025 | $1,800 |
| June 2025 | $1,743 |
| July 2025 | $1,650 |
| August 2025 | $1,635 |
| September 2025 | $1,580 |
| October 2025 | $1,586 |
Affordability calculator
Can I afford to live at 515 1/2 Franklin St?
Bedrooms
4+ bedroomsRent-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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 4-bedrooms monthly rent price of $1,200.
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.| 10 months ago | $1,350 |
| 1 year ago | $1,350 |
Schools near 515 1/2 Franklin St
Lincoln Elementary School
321 8th st
cedar falls, IA, 50613
PK, K-6Public
B
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Internet available near 515 1/2 Franklin St
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Cedar Falls near 515 1/2 Franklin St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
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 515 1/2 Franklin St, Cedar Falls
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
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
5/10
At least one high school within a 20-minute walk
Nightlife
4/10
Some bars within walking distance
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