Zumper
modified
14 Minutes Ago

Highlights

  • Pet Friendly
  • New appliances
  • Newly remodeled kitchens
  • Controlled access buildings
  • Spacious parking lot
  • Laundry rooms in each building
  • New flooring throughout

Location

201 South Waverly Road, Lansing, MI 48917, USA
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour The Wave

Contact

Leasing office

(517) 235-3883

Property Overview

The Wave receives high marks across several categories, including an impressive expert rating of 8.9 and a perfect location rating of 10, indicating exceptional convenience and accessibility. With notable features such as newly remodeled kitchens, new appliances, and controlled access buildings, it presents an attractive living option for renters. Additionally, the competitive pricing and high perceived value enhance its appeal, making it a strong contender in the rental market.

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.

Zumper Expert Rating

8.9
Very Good
With a solid 8.9 out of 10 overall, The Wave is a great option for renters. While some aspects, like Amenities, might not be as distinguished as other properties nearby, The Wave has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Images Available

Floor plans

One Bedroom1 bed1 bath700 sqft$775 /mo
Two Bedroom Premium2 bed1 bath925 sqft$950 /mo

Let's explore this property.

Amenities for The Wave

Building

Cats OKControlled Access
Dogs OK
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

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Advertisement

About The Wave

HomeApartments in Lansing The Wave

The Wave offers premium 2 bedroom apartments with newly remodeled kitchens with new appliances and new flooring throughout. Located in the Edgemont Park area of Lansing just a short drive from Downtown Lansing, Cooley Law School, LCC & the Lansing Mall. Waverly Woods has controlled access buildings, laundry rooms in each building with updated machines so that no coins are needed, and a spacious parking lot to provide our residents with the safety and security they need. Water fee charge $45 depending on amount of bedrooms and occupants. Special: Start Your New Chapter with a Flourish – Move in Month Absolutely Free. Restrictions apply ! ! !


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.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, The Wave is a great option for renters. While some aspects, like Amenities, might not be as distinguished as other properties nearby, The Wave has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.
How we rated The Wave
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·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, The Wave 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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Wave offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
The Wave has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at The Wave.
Trustworthiness·9A 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 has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

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

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 1 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address

Considerations

No in-unit dishwasher
Dishwashers aren't available

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Lansing

1-bedroom apartments here are priced 21% lower than 1-bedrooms in Lansing.

If you decide to upgrade your space, you can expect 2-bedrooms at The Wave to be 14% less than the average for similarly sized apartments in Lansing.

Median rents as of Nov 1 2025.
Lansing
A table of studio rental data trends in Lansing
MonthMedian Rent
November 2023$695
December 2023$697
January 2024$688
February 2024$695
March 2024$703
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$738

Affordability calculator

Can I afford to live at 201 South Waverly Road?

Bedrooms

Rent-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

$31,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 1-bedroom monthly rent price of $775.
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+
Powered byniche.com
Advertisement

Internet available near The Wave

Getting around Lansing near 201 South Waverly Road

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 South Waverly Road, 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

Compare similar properties nearby

featured image of 204 East Pointe Lane

Abbott Pointe

Our team has verified this company

204 East Pointe Lane

1 Bed

$835

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
Yes
featured image of 1700 East Grand River Avenue

Capitol Villa

Our team has verified this company

1700 East Grand River Avenue

2 Beds

$1,220

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
Yes
featured image of 14690 Abbey Ln

Somerset Park

Our team has verified this company

14690 Abbey Ln

1 Bed

$1,209–$2,142

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
No
featured image of 2700 Marfitt Rd

Abbott Parkside Senior 55+

Our team has verified this company

2700 Marfitt Rd

1–2 Beds

$900

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
No
featured image of 4221 N Grand River Ave

Skyline Apartments

4221 N Grand River Ave

2 Beds

$1,225

dogs and cats ok
No
air conditioning
Yes
on-site laundry
Yes
featured image of 1030 S Holmes St #112

1030 S Holmes St #112, Lansing, MI, 48912

Holmes Street Area • 1030 S Holmes St #112

1 Bed

$1,050

dogs and cats ok
Yes
air conditioning
No
on-site laundry
No
featured image of 532 Townsend St

Townsend Apartment ( Reo Vincent Townsend Apartment LLC)

Downtown Lansing • 532 Townsend St

1 Bed

$750

dogs and cats ok
No
air conditioning
No
on-site laundry
Yes
featured image of 2188 Meadowlawn Dr

2188 Meadowlawn

2188 Meadowlawn Dr

2 Beds

$1,000

dogs and cats ok
No
air conditioning
No
on-site laundry
No
featured image of 204 East Pointe Lane

Abbott Pointe

Our team has verified this company

204 East Pointe Lane

1 Bed

$835

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
Yes
featured image of 1700 East Grand River Avenue

Capitol Villa

Our team has verified this company

1700 East Grand River Avenue

2 Beds

$1,220

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
Yes
featured image of 14690 Abbey Ln

Somerset Park

Our team has verified this company

14690 Abbey Ln

1 Bed

$1,209–$2,142

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
No
featured image of 2700 Marfitt Rd

Abbott Parkside Senior 55+

Our team has verified this company

2700 Marfitt Rd

1–2 Beds

$900

dogs and cats ok
Yes
air conditioning
Yes
on-site laundry
No
featured image of 4221 N Grand River Ave

Skyline Apartments

4221 N Grand River Ave

2 Beds

$1,225

dogs and cats ok
No
air conditioning
Yes
on-site laundry
Yes
featured image of 1030 S Holmes St #112

1030 S Holmes St #112, Lansing, MI, 48912

Holmes Street Area • 1030 S Holmes St #112

1 Bed

$1,050

dogs and cats ok
Yes
air conditioning
No
on-site laundry
No
featured image of 532 Townsend St

Townsend Apartment ( Reo Vincent Townsend Apartment LLC)

Downtown Lansing • 532 Townsend St

1 Bed

$750

dogs and cats ok
No
air conditioning
No
on-site laundry
Yes
featured image of 2188 Meadowlawn Dr

2188 Meadowlawn

2188 Meadowlawn Dr

2 Beds

$1,000

dogs and cats ok
No
air conditioning
No
on-site laundry
No

Check availability

Full name*
Move-in date*
Floor plan*
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by The Wave.
Call