Updated 23 Hours Ago
Highlights
- Convenient location
- Downtown area
- Utilities included
Location
309 Franklin St, Waterloo, IA 50703, USA
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Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $650 /mo | 1 unit available | Introducing this 2 Bedroom, 1 Bath apartment located in the heart of Waterloo, IA. This cozy apartment offers two bedrooms, perfect for those seeking a comfortable living space. The convenient location provides easy access to nearby amenities and attractions. Utilities are included, making budgeting a breeze. Don't miss out on this opportunity to call this apartment home. Contact us today to schedule a tour! |
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Amenities for 309 Franklin
Apartment Amenities
| One Bathroom | Two-Bedroom |
| Utilities Included |
Appliances
| Fridge | Oven |
| Refrigerator |
Neighborhood
| Convenient Location |
Other
| Utilties Included |
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
Building details
Property details
| Units | 5 |
|---|
About 309 Franklin
Introducing this 2 Bedroom, 1 Bath apartment located in the heart of Waterloo, IA. This cozy apartment offers two bedrooms, perfect for those seeking a comfortable living space. The convenient location provides easy access to nearby amenities and attractions. Utilities are included, making budgeting a breeze. Don't miss out on this opportunity to call this apartment home. Contact us today to schedule a tour!
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 309 Franklin compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Waterloo
2-bedroom apartments at 309 Franklin cost about 21% less than the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Oct 17 2026.
Waterloo
| Month | Median Rent |
|---|---|
| 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 | $825 |
| August 2026 | $736 |
| September 2026 | $798 |
| October 2026 | $824 |
Affordability calculator
Can I afford to live at 309 Franklin St?
Bedrooms
2 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
$26,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this 2-bedrooms monthly rent price of $650.
For more information on rent affordability, visit our rent calculator.
Schools near 309 Franklin
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
Getting around Waterloo near 309 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 309 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
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