Updated 17 Hours Ago
Highlights
- Convenient location
- Nearby shopping
Location
4240 Waverly St, Detroit, MI 48238, USA|Winter Halter
Tour 4240 Waverly St
Contact
Propel Property Management
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Amenities for 4240 Waverly St, Winter Halter
Community
| Cats OK |
Services
| Package Service |
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
Not 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 4240 Waverly St
Now Available for Rent – 4240 Waverly Street, Upper and lower unit, Detroit, MI 48238 | $900/Month Looking for your next place to call home? Check out this rental opportunity at 4240 Waverly Street, Unit 1, in Detroit! This property offers a convenient location with access to nearby shopping, dining, and major roads for an easier commute. Upper and lower unit available. Minimum Qualifications: 600 credit score or higher Gross monthly income 3x monthly rent No evictions, collections, or bankruptcy No major criminal background history Rent: $900 Security Deposit: $900 One Time Admin Fee: $150.00 Resident Benefit Package: $28/mo. Resident Benefit Package: $28/mo. All residents will enroll in benefit package designed to provide convenience, security, and a professional rental experience. Tenant is responsible for all utilities including, electricity, water, and gas. We do accept Section 8 housing vouchers. Application Fee $65 per adult Call 248-270-7004 X 2 to schedule a tour! Animals: cats only. $250 One-time fee, $25/month per pet
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 4240 Waverly St, Detroit, MI 48238, USA compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Outdoor space
- Easy access to the outdoors
- Package service
- More secure storage for delivery
Considerations
- Distance from transit
- More than 1.8 miles from public transportation
Address details
| Neighborhood | Winter Halter |
|---|---|
| Zip code | 48238 |
| Type | Condo for rent |
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Rent trends in Winter Halter
2-bedroom apartments at 4240 Waverly St cost about 10% less than the average rent price for 2-bedroom apartments in Detroit.
Median rents as of Oct 17 2026.
Winter Halter
Detroit
| Month | Median Rent |
|---|---|
| November 2024 | $1,200 |
| December 2024 | $1,197 |
| January 2025 | $1,170 |
| February 2025 | $1,178 |
| March 2025 | $1,154 |
| April 2025 | $1,150 |
| May 2025 | $1,132 |
| June 2025 | $1,124 |
| July 2025 | $1,111 |
| August 2025 | $1,100 |
| September 2025 | $1,100 |
| October 2025 | $1,103 |
| November 2025 | $1,141 |
| December 2025 | $1,159 |
| January 2026 | $1,149 |
| February 2026 | $1,126 |
| March 2026 | $1,100 |
| April 2026 | $1,100 |
| May 2026 | $1,100 |
| June 2026 | $1,100 |
| July 2026 | $1,100 |
| August 2026 | $1,100 |
| September 2026 | $1,100 |
| October 2026 | $1,118 |
| Month | Median Rent |
|---|---|
| November 2024 | $904 |
| December 2024 | $906 |
| January 2025 | $911 |
| February 2025 | $910 |
| March 2025 | $920 |
| April 2025 | $950 |
| May 2025 | $962 |
| June 2025 | $900 |
| July 2025 | $930 |
| August 2025 | $974 |
| September 2025 | $1,000 |
| October 2025 | $1,000 |
| November 2025 | $1,041 |
| December 2025 | $1,131 |
| January 2026 | $1,040 |
| February 2026 | $999 |
| March 2026 | $999 |
| April 2026 | $1,037 |
| May 2026 | $1,060 |
| June 2026 | $1,012 |
| July 2026 | $918 |
| August 2026 | $1,035 |
| September 2026 | $1,100 |
| October 2026 | $1,050 |
Affordability calculator
Can I afford to live at 4240 Waverly St?
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
$36,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 2-bedrooms monthly rent price of $900.
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 | |||||
|---|---|---|---|---|---|
| 2 years ago | $900 | 2 bed | 1 bath | ||
| 3 years ago | $850 | 2 bed | 1 bath |
Schools near 4240 Waverly St
Keidan Special Education School
4441 collingwood st
detroit, MI, 48204
PK, K-8Public
Noble Elementary-Middle School
8646 fullerton st
detroit, MI, 48238
PK, K-8Public
C-
Durfee Elementary-Middle School
2425 tuxedo st
detroit, MI, 48206
PK, K-8Public
C-
Marshall Thurgood Elementary School
15531 linwood st
detroit, MI, 48238
PK, K-8Public
C
Mackenzie Elementary/Middle School
10147 w chicago
detroit, MI, 48204
PK, K-8Public
C-
Getting around Detroit near 4240 Waverly St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4240 Waverly St, Detroit
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Other units at this address
4240 Waverly St, Detroit, MI
4240 Waverly St Detroit, MI
Occupied
1stFLUNIT
2 Beds
1 Bath
$900
In-Unit Laundry
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