Updated 5+ Days Ago
Location
590 S Wayne St, Waterloo, IN 46793, USA
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Property Overview
590 S Wayne St earns a strong Zumper Expert Rating of 8.4/10, with standout scores for price, location, amenities, and trustworthiness. It offers competitive value and convenient access to nearby points of interest, with street parking and nearby top-rated middle and high schools among its practical advantages.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Middle school nearby
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 768 sqft | $875 /mo | 1 unit available | 2 bedroom upstairs apartment in Waterloo, IN now available. This upstairs unit features gas forced heat, a modern color scheme, and mixed flooring throughout. The building offers a shared lawn and street parking only. Residents must provide their own window AC units; there are no washer/dryer hookups and no animals are allowed. The apartment is Obligo approved and includes a resident benefit package. Available for immediate move-in. 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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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
| Units | 2 |
|---|
About 590 S Wayne St
2 bedroom upstairs apartment in Waterloo, IN now available. This upstairs unit features gas forced heat, a modern color scheme, and mixed flooring throughout. The building offers a shared lawn and street parking only. Residents must provide their own window AC units; there are no washer/dryer hookups and no animals are allowed. The apartment is Obligo approved and includes a resident benefit package. Available for immediate move-in. 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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 590 S Wayne St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 590 S Wayne St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
590 S Wayne St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, 590 S Wayne St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
590 S Wayne 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 590 S Wayne 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.
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 590 S Wayne St compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1.8 miles away
- Middle school nearby
- There is a middle school 1.7 miles away
Considerations
- Lacks images
- Fewer than 5 photos available for this property
- Oven not listed
- In-unit oven not included in listing
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Rent trends in Waterloo
2-bedroom apartments at 590 S Wayne St cost about 6% more than the average rent price for 2-bedroom apartments in Waterloo.
Median rents as of Oct 24 2026.
Waterloo
| Month | Median Rent |
|---|---|
| November 2024 | $712 |
| December 2024 | $725 |
| August 2026 | $725 |
| October 2026 | $783 |
Affordability calculator
Can I afford to live at 590 S Wayne 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
$35,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 2-bedrooms monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.
Schools near 590 S Wayne 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
Getting around Waterloo near 590 S Wayne St
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 590 S Wayne St, Waterloo
Groceries
2/10
Some groceries within a short drive
Shopping
2/10
Few or no shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
3/10
Some restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within a short drive
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