Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly

Location

515 Franklin St, Cedar Falls, IA 50613, USA

Tour 515 Franklin St

Contact

CV Commercial, LLC

(201) 972-6984

Amenities for 515 Franklin St

Appliances

DishwasherOven
RefrigeratorStove/Oven

Building

Cats OKDogs OK
Fitness CenterSmoke-free

Grounds

Outdoor Space

Services

Discounted FIT Gym Membership AvailableLawn Care
Snow Removal

Other

Online Maintenance PortalOnline 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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

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About 515 Franklin St

HomeApartments in Cedar Falls 515 Franklin St, Cedar Falls, IA 50613, USA

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 – Online Rental Application 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!


Address details

Zip code50613
TypeApartment for rent

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Rent trends in Cedar Falls

2-bedroom apartments at 515 Franklin St cost about 17% less than the average rent price for 2-bedroom apartments in Cedar Falls.

Median rents as of Mar 14 2026.
Cedar Falls
A table of 2-bedroom apartment rental data trends in Cedar Falls
MonthMedian Rent
March 2024$1,110
April 2024$1,178
May 2024$1,466
June 2024$1,340
July 2024$1,550
August 2024$1,540
September 2024$1,525
October 2024$1,330
November 2024$1,180
December 2024$1,200
January 2025$1,262
February 2025$1,356
March 2025$1,185
April 2025$1,248
May 2025$1,166
June 2025$1,193
July 2025$1,177
August 2025$1,210
September 2025$1,215
October 2025$1,287
November 2025$1,193
December 2025$1,067
January 2026$1,071
February 2026$1,149
March 2026$1,200

Affordability calculator

Can I afford to live at 515 Franklin St?

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

$40,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 2-bedrooms monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.

Schools near 515 Franklin St

Lincoln Elementary School

321 8th st

cedar falls, IA, 50613

PK, K-6Public
B

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 515 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 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 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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