Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Air-conditioning
  • Laundry rooms
  • Tree lined streets
  • Storage closets
  • Additional off-street parking
  • Off-street reserved vehicle parking

Location

315 Ellis Ave, Iowa City, IA 52246, USA|Lincoln
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Contact

Management

Wade Investments LLC

Leasing office

(319) 499-9095

Property Overview

315 Ellis scores highly across various metrics, with a Zumper expert rating of 8.3, reflecting its appeal for renters. It offers a competitive price-to-value ratio, exceptional amenities, and a prime location that enhances residents' quality of life. Notably, the property is excellent for those seeking vibrant social opportunities and pet-friendly outdoor spaces, complemented by amenities like air conditioning and off-street parking.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 315 Ellis is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 315 Ellis has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Dishwasher
  • Outdoor space

Great for

  • Pet owners
  • Social life

Floor plans

2BR/1.0BA2 bed1 bath$1,250 /mo2 units availableInternet, water, & heat included in rent Located in a historic residential neighborhood in Iowa City, just minutes from the best attractions in town. Beautiful tree lined streets. Short walk to downtown Iowa City and Pentacrest, City Park, Hancher Auditorium, and UIHC. Close to major bike and pedestrian paths. A neighborhood you will be proud to call home. This two-story complex features a gorgeous front courtyard and contains 25 units consisting of 13 one-bedroom units and 12 two-bedrooms. Free off-street reserved vehicle parking and bicycle racks are available.

Let's explore this property.

Amenities for 315 Ellis

Apartment Amenities

Gas

Appliances

DishwasherIn-Unit Laundry
MicrowaveOn Site Washer and Dryer
OvenRange
RefrigeratorStove/Oven

Tech

Internet

Building

Cats OKDogs OK

Grounds

Assigned ParkingOutdoor Space
Storage

Services

Lawn CareSnow Removal
Water and Sewer
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

Parking Policy

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units25
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About 315 Ellis

HomeApartments in Iowa CityLincoln 315 Ellis

Located just two blocks from the University of Iowa Art Museum and just west of the music building, Hancher Auditorium and City Park, this two story complex contains 25 units consisting of 13 one-bedroom units and 12 two-bedroom. These units provide a clean, healthy, and secure environment and are catered to graduate/PhD level students and/or professionals. The spacious front yard has several large, mature oak trees, and during the spring and summer day lilies border the walkways and irises bloom in abundance. Each apartment has its own outside entrance. The one-bedroom apartments are spacious. Each apartment has carpeted living rooms and bedrooms, and all bathrooms and kitchens have either vinyl or ceramic tile floors. All apartments have air-conditioning and hot water heat. The entire building is supplied with soft water. Premium internet is included. One reserved off-street parking space is provided with each apartment. A few additional off-street parking spaces are available. There is also unrestricted parking on Ellis Avenue. There are two laundry rooms located at each end of the building, and additional storage closets are available in the basement, free of cost.


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 315 Ellis is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 315 Ellis has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 315 Ellis
Price·9A 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.
315 Ellis stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A 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.
315 Ellis goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, 315 Ellis receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
315 Ellis 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 315 Ellis does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
315 Ellis provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

315 Ellis is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 dog park within 1 mile

Social life

  • 149 restaurants within 1 mile of this property
  • 30 local event hubs within 1 mile
  • Area has 28 parks and recreation options
  • 74 museums, art galleries, or cultural centers within 1 mile

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 315 Ellis compares to other nearby properties.

Positives

Dishwasher
Dishwasher available in kitchen
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Lincoln

2-bedroom apartments at 315 Ellis cost about 7% less than the average rent price for 2-bedroom apartments in Lincoln.

Median rents as of Mar 7 2026.
Lincoln
Iowa City
A table of studio rental data trends in Iowa City
MonthMedian Rent
March 2024$987
April 2024$967
May 2024$999
June 2024$792
July 2024$1,053
August 2024$989
September 2024$1,047
October 2024$1,175
November 2024$1,166
December 2024$1,090
January 2025$902
February 2025$895
March 2025$877
April 2025$840
May 2025$871
June 2025$999
July 2025$1,029
August 2025$1,187
September 2025$1,141
October 2025$1,132
November 2025$1,200
December 2025$1,191
January 2026$1,134
February 2026$1,087
March 2026$1,199
A table of studio rental data trends in Lincoln
MonthMedian Rent
March 2024$1,125
April 2024$1,023
May 2024$1,122
June 2024$1,245

Affordability calculator

Can I afford to live at 315 Ellis Ave?

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

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 2-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.

Schools near 315 Ellis

Lincoln Elementary School

300 teeters ct

iowa city, IA, 52246

K-6Public
B+

ICCSD PK-12 Online Learning Program

1725 n dodge st

iowa city, IA, 52245

K-12Public

Oak Hill Elementary School

504 n park rd

tiffin, IA, 52340

2-3Public
B+

Christine Grant Elementary School

1000 north bend dr

north liberty, IA, 52317

PK, K-6Public
A-

Solon Intermediate

200 west 5th st

solon, IA, 52333

4-5Public
B
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Internet available near 315 Ellis

Neighborhood

Lincoln | Iowa City, IA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Iowa City near 315 Ellis Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 315 Ellis Ave, Iowa City

Groceries

3/10
No grocery stores within walking distance

Shopping

5/10
Some shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

0/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

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