Updated 5+ Days Ago
Location
315 S Washington St, Waterloo, IN 46793, USA
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Property Overview
315 S Washington st offers strong overall value with an 8.5 Zumper Expert Rating, including standout scores for amenities, location, and price. It also stands out for its keyless entry, strong value per square foot, nearby top-rated schools, and convenient access to pet services, making it appealing for renters seeking convenience and everyday practicality.
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
Elementary school nearby- High school nearby
- Middle school nearby
Great for
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 540 sqft | $825 /mo | 1 unit available | Newly remodeled 1-bedroom, 1-bath upstairs apartment in Waterloo, IN. This unit features a modern color scheme and LVP flooring throughout, keyless entry, and mini-split heating and cooling for efficient comfort. Small dogs up to 20 pounds are welcome. Note that no washer/dryer hookup is available, a PO Box is required, and street parking is provided. Obligo approved and includes a resident benefit package. Residents will also benefit from the Obligo Approved status for security deposit if qualified (3rd party service) and a resident benefit package* *All Open Door Rentals and Real Estate residents are enrolled in the Resident Benefits Package (RBP) for $55.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Open Door Rentals is proud to offer security deposit alternative living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. Learn more about the benefits of security deposit alternative living with Obligo’s brochure or an Open Door Team member. |
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Amenities for 315 S Washington st
Apartment Amenities
| LVP Flooring Throughout | Mini Split Heating and Cooling |
| Upstairs Unit |
Appliances
| In-Unit Laundry | Refrigerator and Electric Stove |
Tech
| Keyless Entry |
Building
| Dogs OK | Modern Color Scheme |
Services
| Package Service | Resident Benefit Package |
Neighborhood
| Street Parking Only |
Other
| Non-Smoking & Vaping | Obligo Approved |
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
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 315 S Washington st
Newly remodeled 1-bedroom, 1-bath upstairs apartment in Waterloo, IN. This unit features a modern color scheme and LVP flooring throughout, keyless entry, and mini-split heating and cooling for efficient comfort. Small dogs up to 20 pounds are welcome. Note that no washer/dryer hookup is available, a PO Box is required, and street parking is provided. Obligo approved and includes a resident benefit package. Residents will also benefit from the Obligo Approved status for security deposit if qualified (3rd party service) and a resident benefit package* *All Open Door Rentals and Real Estate residents are enrolled in the Resident Benefits Package (RBP) for $55.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Open Door Rentals is proud to offer security deposit alternative living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. Learn more about the benefits of security deposit alternative living with Obligo’s brochure or an Open Door Team member.
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, 315 S Washington st is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 315 S Washington st 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·9A 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.
315 S Washington st stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
315 S Washington st 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—dogs allowed—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.
315 S Washington st 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 315 S Washington st does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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 level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
315 S Washington st 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 315 S Washington st compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- High school nearby
- There is a high school 2 miles away
- Middle school nearby
- There is a middle school 2 miles away
- More space
- The 1-bedroom is 270 sqft larger than other listings nearby
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Rent trends in Waterloo
1-bedroom apartments at 315 S Washington st cost about 14% more than the average rent price for 1-bedroom apartments in Waterloo.
Median rents as of Aug 15 2026.
Waterloo
| Month | Median Rent |
|---|---|
| October 2024 | $700 |
| November 2024 | $708 |
| December 2024 | $725 |
| August 2026 | $725 |
Affordability calculator
Can I afford to live at 315 S Washington St?
Bedrooms
1 bedroomRent-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
$33,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this 1-bedroom monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.
Schools near 315 S Washington st
Waterloo Elementary School
300 e douglas st
waterloo, IN, 46793
PK, K-5Public
C+
Garrett - Keyser - Butler Community Head Start
504 s second st
garrett, IN, 46738
PKPublic
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Internet available near 315 S Washington st
Getting around Waterloo near 315 S Washington St
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 315 S Washington St, Waterloo
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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