Updated 2 Days Ago
Highlights
- No washer/dryer hookup
- Non smoking/vaping
- Lvp flooring throughout
Location
340 N Wayne St, Waterloo, IN 46793, USA
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Property Overview
340 N Wayne st offers strong value for money, standing in the 100th percentile compared with other properties in the area. It also features LVP flooring throughout and has non-smoking/vaping policies, with the added tradeoff of no washer/dryer hookup.
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
Less expensive
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $695 /mo | 1 unit available | Now available!! This one-bedroom, one-bath downstairs apartment in Waterloo, IN features LVP flooring throughout and gas forced heat. The unit requires residents to provide window AC units and a PO BOX. Shared amenities include a yard, covered porch and off-street parking. No animals are allowed; the property is non smoking/vaping and there is no washer/dryer hookup. Located minutes from I-69, the apartment is 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. |
Let's explore this property.
Amenities for 340 N Wayne st
Apartment Amenities
| Air Conditioning | Gas Forced Heat |
| LVP Flooring Throughout |
Appliances
| In-Unit Laundry | Refrigerator and Electric Stove |
Grounds
| Outdoor Space | Shared Off-street Parking |
| Shared Yard |
Services
| Package Service | Resident Benefit Package |
Other
| No Animals Allowed | Non-Smoking & Vaping |
| Obligo Approved | Resident Provides Window AC Units |
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
| Units | 4 |
|---|
About 340 N Wayne st
Now available!! This one-bedroom, one-bath downstairs apartment in Waterloo, IN features LVP flooring throughout and gas forced heat. The unit requires residents to provide window AC units and a PO BOX. Shared amenities include a yard, covered porch and off-street parking. No animals are allowed; the property is non smoking/vaping and there is no washer/dryer hookup. Located minutes from I-69, the apartment is 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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 340 N Wayne st is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 340 N 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.
340 N 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·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.
340 N Wayne 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—in-unit laundry—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.
340 N 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 340 N 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 340 N Wayne st compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
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
1-bedroom apartments at 340 N Wayne st cost about 13% less than the average rent price for 1-bedroom apartments in Waterloo.
Median rents as of Oct 17 2026.
Waterloo
| Month | Median Rent |
|---|---|
| November 2024 | $708 |
| December 2024 | $725 |
| August 2026 | $725 |
| October 2026 | $795 |
Affordability calculator
Can I afford to live at 340 N Wayne 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
$27,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this 1-bedroom monthly rent price of $695.
For more information on rent affordability, visit our rent calculator.
Schools near 340 N 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 340 N Wayne St
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
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 340 N Wayne St, Waterloo
Groceries
0/10
No grocery stores within walking distance
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
8/10
At least one elementary school within a 10-minute walk
High schools
0/10
No high schools within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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