321 E  1st St #3, Waterloo, IA 50703
Property image
Property image
OFF MARKET

321 E 1st St #3
Waterloo, IA 50703

Franklin Gateway
  • 1 Bed
  • 1 Bath
  • 645 sqft
1 Bed
1 Bath
645 sqft

Home Highlights

Property Type
Apartment
Living Area
645 sqft

Local Information

  • Map ViewExplore the area around 321 E 1st St #3.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Spacious 1 bedroom, 1 bathroom apartment for rent blocks from downtown Waterloo.
Fridge, stove, lawn care and snow removal included. Large off street parking lot behind unit.

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 #3, Waterloo, IA 50703 is a 1 bedroom, 1 bathroom, 645 sqft apartment in Franklin Gateway. More recently, it was listed as a rental in October 2025 with an asking price of $575 per month. That rental listing was removed on November 1, 2025. It is currently off market. The Trulia Estimate rent is $888/month.

Home Details for 321 E 1st St #3

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Market trends in Waterloo

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$187K
$10.67K
MoM
Sale-to-List Price
99.2%
1.3%
MoM
Price per sq ft
$126
$4
MoM
Available listings
237
16
MoM

Price History for 321 E 1st St #3

DatePriceEventSource
11/01/2025$575ListingRemovedZillow Rentals
10/24/2025$575Listed For RentZillow Rentals
08/15/2024ListingRemovedZillow Rentals
08/08/2024$550Listed For RentZillow Rentals
10/12/2023ListingRemovedZillow Rentals
09/13/2023$550Listed For RentZillow Rentals
08/23/2023ListingRemovedZillow Rentals
08/01/2023$575Listed For RentZillow Rentals
05/24/2017$500ListingRemovedAgent Provided
03/02/2017$500PriceChange
Agent Provided
02/28/2017$600Listed For RentAgent Provided

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Comparable Sales for 321 E 1st St #3

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.49
Apartment
$130,000
01/07/26
1
1
1,352
2.45
Apartment
$200,000
04/03/26
2
1
824
3.83
Apartment
$265,000
09/25/25
2
1
900
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 321 E 1st St #3.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.

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