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Wells has received a strong Zumper expert rating of 8.5 out of 10, indicating it is an excellent choice for renters. Notable features include beautiful hardwood floors, while the property's competitive pricing, paired with a 10 out of 10 price rating, reflects great value for its amenities and location, which has an impressive rating of 9 out of 10. Overall, it presents an exceptional living experience with transparency and trustworthiness rated at 7 out of 10, enhancing its appeal in the rental market.
Things you’ll love
| Wells - 531 9 | 1 bed | 1 bath | 750 sqft | $625 /mo | NO GAS BILL! Heat is covered by owner. Nice one bedroom with beautiful hardwood floors throughout! Appliances included along with mini blinds throughout. Tenant responsible for the electricity. Owner pays gas heat, water, sewer & trash |
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Questions about this property’s policies and fees?
| Units | 1 |
|---|
NO GAS BILL! Heat is covered by owner. Nice one bedroom with beautiful hardwood floors throughout! Appliances included along with mini blinds throughout. Tenant responsible for the electricity. Owner pays gas heat, water, sewer & trash
How Wells compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Wells cost about 4% less than the average rent price for 1-bedroom apartments in Summit.
| Month | Median Rent |
|---|---|
| March 2024 | $495 |
| April 2024 | $595 |
| May 2024 | $595 |
| June 2024 | $595 |
| July 2024 | $590 |
| August 2024 | $579 |
| September 2024 | $567 |
| October 2024 | $587 |
| November 2024 | $600 |
| December 2024 | $553 |
| January 2025 | $472 |
| February 2025 | $675 |
| March 2025 | $607 |
| April 2025 | $573 |
| May 2025 | $552 |
| June 2025 | $587 |
| July 2025 | $633 |
| August 2025 | $626 |
| September 2025 | $635 |
| October 2025 | $631 |
| November 2025 | $644 |
| December 2025 | $647 |
| January 2026 | $670 |
| February 2026 | $692 |
| Month | Median Rent |
|---|---|
| February 2026 | $650 |
Can I afford to live at 531 Wells Ave Nw?
Bedrooms
1 bedroomRent-to-income ratio
30%
$25,000/yr
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