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Highlights

  • Washer and dryer hook up
  • Covered front porch
  • No smoking/vaping

Location

385 S Wayne St, Waterloo, IN 46793, USA
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Tour 385 S Wayne St

Contact

Management

Open Door Rentals and Real Estate

Leasing office

(260) 908-9690

Floor plans

2BR/1.0BA2 bed1 bath$795 /mo1 unit availableIntroducing our newly available 2-bedroom, 1-bathroom apartment in the heart of Waterloo, IN. This downstairs unit offers a unique blend of comfort and convenience. Although the fireplace is not for use, the apartment's electric baseboard heat ensures a cozy atmosphere during the colder months. The shared yard provides a great space for outdoor relaxation, while the covered front porch is perfect for enjoying a cup of coffee in the morning or watching the sunset in the evening. The apartment is conveniently located close to local schools, making it an ideal choice for those seeking easy access to educational facilities. Please note that this is a no animals and no smoking/vaping property. Street parking is available, and the resident will need to provide window AC units. The apartment does not have a washer and dryer hook up. As an added advantage, this property is Obligo Approved and comes with a resident benefit package. Experience the best of Waterloo living in this charming apartment. Residents will also benefit from the Obligo Approved status for security deposit if qualified 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. When you move in with us, you can skip paying a security deposit up front and keep the cash for activities you care about if approved through Obligo. 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 385 S Wayne St

Apartment Amenities

Air ConditioningCovered Front Porch
Electric Baseboard HeatFireplace
Patio

Appliances

In-Unit Laundry

Grounds

Outdoor SpaceShared Yard

Services

Package ServiceResident Benefit Package

Neighborhood

Street Parking Only

Other

No Animals AllowedNon-Smoking & Vaping
Obligo ApprovedResident Pays all Utilities
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
Building details

Property details

Units3
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About 385 S Wayne St

HomeApartments in Waterloo 385 S Wayne St

Introducing our newly available 2-bedroom, 1-bathroom apartment in the heart of Waterloo, IN. This downstairs unit offers a unique blend of comfort and convenience. Although the fireplace is not for use, the apartment's electric baseboard heat ensures a cozy atmosphere during the colder months. The shared yard provides a great space for outdoor relaxation, while the covered front porch is perfect for enjoying a cup of coffee in the morning or watching the sunset in the evening. The apartment is conveniently located close to local schools, making it an ideal choice for those seeking easy access to educational facilities. Please note that this is a no animals and no smoking/vaping property. Street parking is available, and the resident will need to provide window AC units. The apartment does not have a washer and dryer hook up. As an added advantage, this property is Obligo Approved and comes with a resident benefit package. Experience the best of Waterloo living in this charming apartment. Residents will also benefit from the Obligo Approved status for security deposit if qualified 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. When you move in with us, you can skip paying a security deposit up front and keep the cash for activities you care about if approved through Obligo. Learn more about the benefits of security deposit alternative living with Obligo’s brochure or an Open Door Team member.


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 385 S Wayne St compares to other nearby properties.

Positives

Fireplace
Upgraded in-unit features

Considerations

Lacks images
Fewer than 10 photos available for this location
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Waterloo

2-bedroom apartments at 385 S Wayne St cost about 28% less than the average rent price for 2-bedroom apartments in Waterloo.

Median rents as of Dec 21 2024.
Waterloo
A table of 1-bedroom apartment rental data trends in Waterloo
MonthMedian Rent
February 2024$737
July 2024$725
August 2024$700
October 2024$700
November 2024$708
December 2024$725

Affordability calculator

Can I afford to live at 385 S Wayne St?

Bedrooms

2 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

$31,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 2-bedrooms monthly rent price of $795.
For more information on rent affordability, visit our rent calculator.

Schools near 385 S Wayne St

Waterloo Elementary School

300 e douglas st

waterloo, IN, 46793

PK, K-5Public
C+
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Internet available near 385 S Wayne St

Getting around Waterloo near 385 S Wayne 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

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 385 S Wayne 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

Explore the area around 385 S Wayne St

Kroger
1005 W 7th St
ALDI
207 Touring Dr
Walmart Supercenter
505 Touring Dr

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