5+ Days Ago
Highlights
Pet Friendly
Location
1516 N Waco Ave, Wichita, KS 67203, USA|Historic Midtown
Tour 1516 N Waco Ave
Contact
316 Rentals
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Property management
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Property Overview
Situated in a prime location, this property enjoys proximity to a top-rated high school just 0.14 miles away, enhancing its desirability. With a value rating in the 100th percentile for the area, it presents an excellent investment opportunity. Additionally, the property is well-suited for pet owners, featuring nearby pet supply stores and outdoor spaces without breed restrictions.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
- Laundry available on site
Great for
Pet owners
Amenities for 1516 N Waco Ave, Historic Midtown
Apartment Amenities
| Single Car Garage | Water & Trash Included |
Appliances
| Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
Services
| Lawn Care |
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
Dog policy
| Allowed | |
|---|---|
| Limit | 1 |
Cat policy
| Allowed | |
|---|---|
| Limit | 1 |
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About 1516 N Waco Ave
Sweet deal!
This listing is 12% below the median price for 2 bedroom apartments in Historic Midtown.
PLEASE SCHEDULE A SHOWING OR SUBMIT AN APPLICATION AT 316RENTALS. NET $725 - 2 bed 1 bath bi-level apartment with detached 1 car garage that has storage room. - Stove and fridge included - Hardwood floors - Detached 1 car garage - Close to West High School and Restaurants - Resident pays electric, gas, and $50 monthly for water/trash - Renters insurance required $725 Security Deposit. We’re pleased to offer you the option to qualify for a deposit-free move-in with Obligo. This simple and fast process could save you the hassle and upfront cost of a traditional cash deposit. Avoid Paying a Cash Deposit – Qualify for FolioGuard’s SDA by Obligo’s Deposit-Free Move-In! For more information and to see if you qualify, copy & paste this link into your browser: https go myobligo com 316-rentals Applicant fee is $35 per adult. Applicants must be prepared to pay the security deposit immediately upon approval or utilize the Obligo alternative and move in within 3 weeks of approval. Pets are allowed with additional monthly pet rent please inquire. Applicants must have no evictions and a monthly income of at least 3x the monthly rent. Rental, credit, and criminal history are taken into consideration. PLEASE SCHEDULE A SHOWING OR APPLY AT 316RENTALS. NET PLEASE SCHEDULE A SHOWING OR APPLY AT 316RENTALS. NET
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 1516 N Waco Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | Historic Midtown |
|---|---|
| Zip code | 67203 |
| Type | Apartment for rent |
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Rent trends in Historic Midtown
2-bedroom apartments at 1516 N Waco Ave cost about 12% less than the average rent price for 2-bedroom apartments in Wichita.
Median rents as of Sep 6 2025.
Historic Midtown
Wichita
| Month | Median Rent |
|---|---|
| September 2023 | $895 |
| October 2023 | $898 |
| November 2023 | $866 |
| December 2023 | $850 |
| January 2024 | $850 |
| February 2024 | $850 |
| March 2024 | $879 |
| April 2024 | $897 |
| May 2024 | $895 |
| June 2024 | $917 |
| July 2024 | $900 |
| August 2024 | $899 |
| September 2024 | $891 |
| October 2024 | $896 |
| November 2024 | $898 |
| December 2024 | $918 |
| January 2025 | $914 |
| February 2025 | $901 |
| March 2025 | $915 |
| April 2025 | $933 |
| May 2025 | $925 |
| June 2025 | $932 |
| July 2025 | $944 |
| August 2025 | $941 |
| September 2025 | $950 |
| Month | Median Rent |
|---|---|
| February 2024 | $750 |
| March 2024 | $787 |
| August 2024 | $690 |
| September 2024 | $739 |
| October 2024 | $733 |
| November 2024 | $676 |
| December 2024 | $700 |
| January 2025 | $739 |
| February 2025 | $712 |
| March 2025 | $697 |
| April 2025 | $706 |
| May 2025 | $735 |
| June 2025 | $754 |
| July 2025 | $755 |
| August 2025 | $827 |
Affordability calculator
Can I afford to live at 1516 N Waco Ave?
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
$29,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $29,000 annually to afford this 2-bedrooms monthly rent price of $725.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $725 |
Schools near 1516 N Waco Ave
Irving Elementary School
1642 n market
wichita, KS, 67214
PK, K-5Public
C-
Education Imagine Academy
412 s main st
wichita, KS, 67202
K-12Public
C
Levy Special Education Center
400 n woodchuck
wichita, KS, 67212
K-12Public
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Internet available near 1516 N Waco Ave
Neighborhood
Historic Midtown | Wichita, KS
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Wichita near 1516 N Waco Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
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 1516 N Waco Ave, Wichita
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
2/10
Few or no bars within walking distance
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