Home Highlights
Property Type
Apartment
Living Area
645 sqft
Local Information
-- mins to
About this House
Spacious 1 bedroom, 1 bathroom apartment available. Fridge, stove, water, sewer, and garbage provided. Lawn care and snow removal is taken care of. Large off street parking lot behind unit.
** We do not post our listings on Craigslist or Facebook. If you see this listing on either, it is a scam**
Tenant responsible for gas and electric.
Some pets MAY be allowed with extra charges.
We run a full criminal and eviction record. Applicants must have a monthly income of 3 times the monthly rent and have a prior, good rental history to qualify. We do not accept section 8.
Please have a deposit and application fee readily available when scheduling a showing.
** We do not post our listings on Craigslist or Facebook. If you see this listing on either, it is a scam**
Tenant responsible for gas and electric.
Some pets MAY be allowed with extra charges.
We run a full criminal and eviction record. Applicants must have a monthly income of 3 times the monthly rent and have a prior, good rental history to qualify. We do not accept section 8.
Please have a deposit and application fee readily available when scheduling a showing.
321 E 1st St #2, Waterloo, IA 50703 is a 1 bedroom, 1 bathroom, 645 sqft apartment in Franklin Gateway. More recently, it was listed as a rental in August 2024 with an asking price of $550 per month. That rental listing was removed on September 13, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $822/month.
Home Details for 321 E 1st St #2
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Property Type / Style Property Type: Apartment |
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Lease Term: Contact For Details |
Comparable Sales for 321 E 1st St #2
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.49 | Apartment | $130,000 | 01/07/26 | 1 | 1 | 1,352 sqft | |
2.45 | Apartment | $200,000 | 04/03/26 | 2 | 1 | 824 sqft | |
3.83 | Apartment | $265,000 | 09/25/25 | 2 | 1 | 900 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Waterloo
Last updated Sep 2026
Trulia Rent Estimate$822/mo
Average rent
$850
Available listings
211
Around this home
What Locals Say about Franklin Gateway
At least 1 Trulia users voted on each feature.
100 % Say it's walkable to grocery stores
100 % Say car is needed
100 % Say there are sidewalks
100 % Say yards are well-kept
83 % Say parking is easy
67 % Say it's dog friendly
67 % Say there's holiday spirit
67 % Say it's walkable to restaurants
67 % Say kids play outside
57 % Say they plan to stay for at least 5 years
50 % Say there are community events
50 % Say streets are well-lit
50 % Say neighbors are friendly
40 % Say people would walk alone at night
33 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 13, 2024 Source: Zillow Rentals | ListingRemoved | $550 |
Aug 15, 2024 Source: Zillow Rentals | Listed For Rent | $550 |
Oct 10, 2023 Source: Zillow Rentals | ListingRemoved | |
Oct 4, 2023 Source: Zillow Rentals | Listed For Rent | $550 |
Sep 13, 2023 Source: Zillow Rentals | ListingRemoved | |
Aug 23, 2023 Source: Zillow Rentals | Listed For Rent | $550 |
Aug 1, 2023 Source: Zillow Rentals | ListingRemoved | |
Jun 10, 2023 Source: Zillow Rentals | Listed For Rent | $575 |
Mar 22, 2017 Source: Agent Provided | ListingRemoved | $525 |
Mar 2, 2017 Source: Agent Provided | PriceChange | $525 Price decreased by 13% |
Feb 28, 2017 Source: Agent Provided | Listed For Rent | $600 |
Homes for rent near 321 E 1st St #2
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

