Updated 2 Hours Ago
Highlights
Pet Friendly
Location
312 S Wayne St #1, Arlington, VA 22204, USA|Penrose
Tour 312 S Wayne St #1
Contact
KRS Holdings, Inc
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Property management
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Property Overview
Conveniently located in Arlington, this home offers practical access to nearby amenities and everyday destinations, with features that support comfortable living. It may appeal to those seeking a well-situated residence with useful characteristics and a straightforward, low-hassle lifestyle.
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
Less expensive- High school nearby
- Middle school nearby
Great for
Pet owners
Amenities for 312 S Wayne St #1, Penrose
Features
| Baseboard | Dryer |
| Gas | Hardwood Floor |
| Off Street | Tile |
| Washer | Water |
Appliances
| In-Unit Laundry | Refrigerator |
Community
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Outdoor Space | Storage |
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
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 312 S Wayne St #1
Sweet deal!
This listing is 31% below the median price for 2 bedroom apartments in Penrose.
Welcome home to this beautifully maintained and spacious 2-bedroom, 1-bathroom Floor-floor unit in a charming duplex, ideally situated in Arlington. Bright, comfortable, and surrounded by a beautiful yard filled with flowers and mature fruit trees, this home offers a wonderful combination of character, convenience, and modern updates. The interior features recently renovated kitchens, hardwood flooring throughout, and plenty of storage with numerous closets. An in-unit washer and dryer adds everyday convenience, making this home both functional and comfortable. Enjoy a fantastic location close to Butler Holmes Park, Penrose Park, and Towers Park, providing convenient access to green space and outdoor recreation. The property is also near several schools, including Long Branch Elementary School, Henry Elementary School, and the Arlington Tech Education & Career Center. Everyday shopping is easy with Fort Myer Commissary and Giant Food nearby, while coffee lovers can enjoy convenient access to Starbucks and Rappahannock Coffee & Roasting. Dining options in the area include Panda Express, Marble & Rye, and Red Rocks Arlington. Property Highlights Spacious 2 bedrooms 1 full bathroom Charming duplex setting Beautiful yard with flowers and mature fruit trees Recently renovated kitchen Hardwood floors throughout In-unit laundry Abundant storage closets Convenient access to parks, shopping, dining, coffee, and schools Desirable Arlington location Don’t miss the opportunity to make this charming Arlington residence your new home. Schedule your showing today! Rental Requirements: 700 Minimum Credit Score Gross Income 3x No Eviction History No Negative Rental History
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 312 S Wayne St, Arlington, VA 22204, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- High school nearby
- There is a high school 0.4 miles away
- Middle school nearby
- There is a middle school 0.7 miles away
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Penrose |
|---|---|
| Zip code | 22204 |
| Type | Condo for rent |
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Rent trends in Penrose
2-bedroom apartments at 312 S Wayne St #1 cost about 31% less than the average rent price for 2-bedroom apartments in Arlington.
Median rents as of Oct 10 2026.
Penrose
Arlington
| Month | Median Rent |
|---|---|
| October 2024 | $3,248 |
| November 2024 | $3,263 |
| December 2024 | $3,325 |
| January 2025 | $3,290 |
| February 2025 | $3,348 |
| March 2025 | $3,432 |
| April 2025 | $3,492 |
| May 2025 | $3,466 |
| June 2025 | $3,380 |
| July 2025 | $3,315 |
| August 2025 | $3,312 |
| September 2025 | $3,275 |
| October 2025 | $3,215 |
| November 2025 | $3,159 |
| December 2025 | $3,106 |
| January 2026 | $3,105 |
| February 2026 | $3,191 |
| March 2026 | $3,287 |
| April 2026 | $3,387 |
| May 2026 | $3,379 |
| June 2026 | $3,307 |
| July 2026 | $3,309 |
| August 2026 | $3,304 |
| September 2026 | $3,284 |
| October 2026 | $3,260 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,410 |
| November 2024 | $2,553 |
| December 2024 | $2,540 |
| January 2025 | $2,577 |
| February 2025 | $2,550 |
| March 2025 | $2,595 |
| April 2025 | $2,575 |
| May 2025 | $2,622 |
| June 2025 | $2,915 |
| July 2025 | $2,620 |
| August 2025 | $2,868 |
| September 2025 | $2,840 |
| October 2025 | $2,778 |
| November 2025 | $2,676 |
| December 2025 | $2,787 |
| January 2026 | $2,738 |
| February 2026 | $2,721 |
| March 2026 | $2,737 |
| April 2026 | $2,730 |
| May 2026 | $2,763 |
| June 2026 | $2,785 |
| July 2026 | $2,769 |
| August 2026 | $2,746 |
| September 2026 | $2,681 |
| October 2026 | $2,674 |
Affordability calculator
Can I afford to live at 312 S Wayne St #1?
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
$75,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $75,000 annually to afford this 2-bedrooms monthly rent price of $1,875.
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.| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,875 | 2 bed | 1 bath | ||
| 3 years ago | $1,625 | 2 bed | 1 bath | ||
| 5 years ago | $1,599 | 2 bed | 1 bath | ||
| 5 years ago | $1,599 | 2 bed | 1 bath | ||
| 5 years ago | $1,699 | 2 bed | 1 bath |
Schools near 312 S Wayne St #1
Montessori Public School of Arlington
701 s highland st
arlington, VA, 22204
PK, K-5Public
A-
Alice West Fleet Elementary School
115 south old glebe rd
arlington, VA, 22204
PK, K-5Public
A
Integration Station
4420 fairfax dr
arlington, VA, 22203
PKPublic
Campbell Elementary School
737 s carlin springs rd
arlington, VA, 22204
PK, K-5Public
A-
Thaddeus Stevens Early Learning Center
1050 21st st nw
washington, DC, 20036
PKPublic
Neighborhood
Penrose | Arlington, VA
Getting around Arlington near 312 S Wayne St #1
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
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
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 312 S Wayne St #1, Arlington
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
Other units at this address
312 S Wayne St, Arlington, VA
312 S Wayne St Arlington, VA
Occupied
1
1 Bed
1 Bath
$1,499
On-Site Laundry • In-Unit Laundry • Hardwood Floor • Assigned Parking • Air Conditioning
Occupied
2
2 Beds
1 Bath
$1,599
On-Site Laundry • Dishwasher • In-Unit Laundry • Hardwood Floor • Air Conditioning
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