1 Hour Ago
Location
201 S Waverly Rd, Lansing, MI 48917, USA
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Property Overview
The Wave receives a strong overall score of 8.8, indicating it is a top choice for renters, highlighted by a perfect price and amenities rating of 10. The property features a prime location, scoring 9 for its accessibility to attractions and essential services, while a trustworthiness rating of 7 reflects transparency in its offerings. Additionally, proximity to a highly rated middle school and an abundance of photos provide potential renters with valuable insights into the property.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Dishwasher
- Images Available
Great for
Social life
Floor plans
| B23 | 2 bed | 1 bath | 850 sqft | $1,185 /mo |
Let's explore this property.
Amenities for The Wave
Apartment Amenities
| Air Conditioning | Balcony |
| Dining Room | Freezer |
| Heat Included | Large Closets |
| Living Room | No Pets Allowed |
| Walk-in Closet |
Appliances
| Dishwasher | Garbage Disposal |
| Range/Oven | Refrigerator |
Tech
| Cable Ready | High-Speed Internet |
Building
| Controlled Access | Onsite Laundry |
Grounds
| Off-Street Parking | Smoke Free Community |
| Storage | Swimming Pool |
Services
| On-Site Maintenance | Trash Removal Included |
Neighborhood
| Near Campus | Public Transportation |
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
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1964 |
|---|
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About The Wave
The Wave is a Lansing Apartment located at 201 S Waverly Rd.. The property features a 2 BR rental unit available starting at $1185. Amenities include No Pets Allowed and On-Site Laundry. Heat Included and Trash Removal Included included. Surface Parking parking and Off-Street Parking parking available. Contact us for a showing.
Year Built: 1964
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.2
/10
Very GoodWith a solid 8.2 out of 10 overall, The Wave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Wave has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, The Wave is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Wave stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Wave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Wave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Wave provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
The Wave is great for:
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 The Wave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
- Walk-in closet
- More closet space on average
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Rent trends in Lansing
2-bedroom apartments at The Wave cost about 8% more than the average rent price for 2-bedroom apartments in Lansing.
Median rents as of Mar 14 2026.
Lansing
| Month | Median Rent |
|---|---|
| March 2024 | $718 |
| April 2024 | $726 |
| May 2024 | $696 |
| June 2024 | $698 |
| July 2024 | $731 |
| August 2024 | $772 |
| September 2024 | $847 |
| October 2024 | $841 |
| November 2024 | $895 |
| December 2024 | $950 |
| January 2025 | $924 |
| February 2025 | $902 |
| March 2025 | $925 |
| April 2025 | $925 |
| May 2025 | $925 |
| June 2025 | $925 |
| July 2025 | $925 |
| August 2025 | $903 |
| September 2025 | $900 |
| October 2025 | $739 |
| November 2025 | $809 |
| December 2025 | $837 |
| January 2026 | $801 |
| February 2026 | $816 |
| March 2026 | $818 |
Affordability calculator
Can I afford to live at 201 S Waverly Rd?
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
$47,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,400 annually to afford this 2-bedrooms monthly rent price of $1,185.
For more information on rent affordability, visit our rent calculator.
Schools near The Wave
Colt Early Childhood Education Center
4344 w michigan ave
lansing, MI, 48917
PK, KPublic
B
Winans Elementary School
5401 w michigan ave
lansing, MI, 48917
1-4Public
C
Elmwood Elementary School
1533 elmwood rd
lansing, MI, 48917
1-4Public
C+
Capital Area K12 Online
4200 wainwright ave
lansing, MI, 48911
K-12Public
Gardner International School
333 dahlia dr
lansing, MI, 48911
K-8Public
C-
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Internet available near The Wave
Getting around Lansing near 201 S Waverly Rd
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 201 S Waverly Rd, Lansing
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of 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
7/10
At least one high school within a 20-minute walk
Nightlife
4/10
Few or no bars within walking distance
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