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5+ Days Ago

Highlights

  • Off-street parking
  • Beautiful hardwood flooring
  • On-premises laundry facilities
  • Modern and stylish living environment
  • Nearby restaurants
  • Outdoor communal spaces

Location

500 S Wayne St, Arlington, VA 22204, USA|Penrose
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Floor plans

1BR/1.0BA1 bed1 bath675 sqftWelcome to Wayne Street Apartments, a gem nestled in the heart of Arlington, VA. Superbly located, less than one mile to the Clarendon Metro, and with Metro Bus access to the Metro Orange Line, this location puts Arlington at your fingertips. These stylish apartments are located in one of Arlington's attractive residential neighborhoods near the newly revitalized Columbia Pike development. Nearby you will find many new restaurants, gourmet food stores, and boutique shopping. The apartments offer a serene setting with close proximity to all the urban activities and quick access to Route 395, Route 50, and Columbia Pike. With outdoor communal spaces, off-street parking, and access to public transportation; Columbia Pike Apartments offers the convenance of city living with the comfort of a more suburban setting. Our apartments offer separate heating and AC systems, ensuring your comfort in all seasons. The beautiful hardwood flooring adds a touch of elegance and warmth to each unit, while the renovated building provides a modern and stylish living environment. Parking is never a concern with our plentiful parking spaces, making your daily commute or weekend outings a breeze. Additionally, our on-premises laundry facilities offer the ultimate convenience, saving you time and effort. Experience the perfect blend of comfort, convenience, and style at Wayne Street Apartments.

Available rentals nearby

featured image of 140 S Van Dorn St

Mason at Van Dorn

Our team has verified this company

London Park Apartments • 140 S Van Dorn St

1 Bed

$1,509–$2,984

featured image of 1215 N Fayette St

The Grayson

Our team has verified this company

Braddock Road Metro • 1215 N Fayette St

1 Bed

$2,395–$2,897

featured image of 3860 Columbia Pike

Westmont Gardens Apartments

Our team has verified this company

Douglas Park • 3860 Columbia Pike

1 Bed

N/A

featured image of 2001 Columbia Pike

Dorchester Towers Apartments

Our team has verified this company

Penrose • 2001 Columbia Pike

1 Bed

$2,040–$2,120

featured image of 910 15th St Nw

Camden Grand Parc

Our team has verified this company

Dupont Circle • 910 15th St Nw

1 Bed

$2,559–$3,919

featured image of 2040 Columbia Pike

Dorchester Apartments

Our team has verified this company

Columbia Heights South • 2040 Columbia Pike

1 Bed

$1,810–$1,840

featured image of 1345 S Capitol St Sw

Camden South Capitol

Our team has verified this company

SW Ballpark - Navy Yard • 1345 S Capitol St Sw

1 Bed

$2,159–$2,339

featured image of 850 N Randolph St

AVA Ballston Square

Our team has verified this company

Ballston - Virginia Square • 850 N Randolph St

1 Bed

$2,375–$3,030

featured image of 140 S Van Dorn St

Mason at Van Dorn

Our team has verified this company

London Park Apartments • 140 S Van Dorn St

1 Bed

$1,509–$2,984

featured image of 1215 N Fayette St

The Grayson

Our team has verified this company

Braddock Road Metro • 1215 N Fayette St

1 Bed

$2,395–$2,897

featured image of 3860 Columbia Pike

Westmont Gardens Apartments

Our team has verified this company

Douglas Park • 3860 Columbia Pike

1 Bed

N/A

featured image of 2001 Columbia Pike

Dorchester Towers Apartments

Our team has verified this company

Penrose • 2001 Columbia Pike

1 Bed

$2,040–$2,120

featured image of 910 15th St Nw

Camden Grand Parc

Our team has verified this company

Dupont Circle • 910 15th St Nw

1 Bed

$2,559–$3,919

featured image of 2040 Columbia Pike

Dorchester Apartments

Our team has verified this company

Columbia Heights South • 2040 Columbia Pike

1 Bed

$1,810–$1,840

featured image of 1345 S Capitol St Sw

Camden South Capitol

Our team has verified this company

SW Ballpark - Navy Yard • 1345 S Capitol St Sw

1 Bed

$2,159–$2,339

featured image of 850 N Randolph St

AVA Ballston Square

Our team has verified this company

Ballston - Virginia Square • 850 N Randolph St

1 Bed

$2,375–$3,030

Rent trends in Penrose

Median rents as of Jun 13 2026.
Penrose
Arlington
A table of studio rental data trends in Arlington
MonthMedian Rent
June 2024$1,900
July 2024$1,904
August 2024$1,913
September 2024$1,953
October 2024$2,058
November 2024$1,999
December 2024$2,007
January 2025$2,048
February 2025$2,077
March 2025$2,054
April 2025$2,025
May 2025$1,920
June 2025$1,923
July 2025$1,970
August 2025$2,054
September 2025$2,067
October 2025$2,038
November 2025$2,028
December 2025$1,987
January 2026$2,025
February 2026$2,022
March 2026$2,093
April 2026$2,116
May 2026$2,061
June 2026$2,069
A table of studio rental data trends in Penrose
MonthMedian Rent
June 2026$1,680

Schools near Wayne Street Apartments

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
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Internet available near Wayne Street Apartments

Neighborhood

Penrose | Arlington, VA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Arlington near 500 S Wayne St

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 500 S Wayne St, Arlington

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

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