Updated 5+ Days Ago
Location
255 S Wayne St, Waterloo, IN 46793, USA
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Property management
Apartments for rent Fort WayneApartments for rent WarsawApartments for rent GoshenApartments for rent ColdwaterApartments for rent Downtown Fort WayneApartments for rent Columbia CityApartments for rent New HavenApartments for rent HillsdaleApartments for rent Three RiversApartments for rent SturgisApartments for rent AngolaApartments for rent White PigeonApartments for rent OakdaleApartments for rent GarrettApartments for rent Southwest WaynedaleApartments Near Me
Houses for rent Fort WayneHouses for rent HillsdaleHouses for rent New HavenHouses for rent GoshenHouses for rent Three RiversHouses for rent WarsawHouses for rent White PigeonHouses for rent Lakewood ParkHouses for rent AlbionHouses for rent LongwoodHouses for rent Hampton VillageHouses for rent ColdwaterHouses for rent AuburnHouses for rent AngolaHouses for rent PiercetonHouses for rent near me
Property Overview
255 S Wayne St earns a strong overall rating with standout marks for price, amenities, location, and trustworthiness, suggesting solid value and convenience for renters. Its on-site laundry adds everyday practicality, and the property is described as a strong option with a useful, transparent presentation of what to expect.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Eco-friendly trash disposal- Laundry available on site
Great for
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $750 /mo | 1 unit available | Discover 255 S Wayne St Apt 201 in Waterloo, IN — a nicely updated 1-bedroom, 1-bath apartment with new carpeting throughout and a modern color scheme. The unit features gas forced heat and residents provide their own window AC units. On-site laundry, one designated parking space, and a resident benefit package add convenience. Obligo approved applicants only; PO BOX required. No animals are allowed and smoking/vaping is prohibited. 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 255 S Wayne St
Apartment Amenities
| Air Conditioning | Carpet |
| Gas Forced Heat |
Building
| Laundry Facility Onsite | Modern Color Scheme |
| Onsite Laundry |
Grounds
| Assigned Parking | One Designated Parking Space |
Services
| Package Service | Resident Benefit Package |
Other
| No Animals Allowed | Non-Smoking & Vaping |
| Obligo Approved | Resident 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
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
Building details
Property details
| Units | 7 |
|---|
About 255 S Wayne St
Discover 255 S Wayne St Apt 201 in Waterloo, IN — a nicely updated 1-bedroom, 1-bath apartment with new carpeting throughout and a modern color scheme. The unit features gas forced heat and residents provide their own window AC units. On-site laundry, one designated parking space, and a resident benefit package add convenience. Obligo approved applicants only; PO BOX required. No animals are allowed and smoking/vaping is prohibited. 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, 255 S Wayne St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 255 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.
255 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·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.
255 S 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, 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.
255 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 255 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.
255 S Wayne St is great for:
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 255 S Wayne St compares to other nearby properties.
Positives
- Eco-friendly trash disposal
- This property has recycling pickup
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- Lacks images
- Fewer than 5 photos available for this property
- Oven not listed
- In-unit oven not included in listing
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Waterloo
1-bedroom apartments at 255 S Wayne St cost about the same as the average rent price for 1-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 255 S 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
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 1-bedroom monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Schools near 255 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 255 S 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 255 S Wayne St, Waterloo
Groceries
3/10
Some groceries within a short drive
Shopping
2/10
Some shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
4/10
Some restaurants within a short drive
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
5/10
Variety of bars within a short drive
Compare similar properties nearby
Deer Creek Crossing
Our team has verified this company105 S 7th St
1 Bed
$939
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs ok
- on-site laundry
- in-unit laundry
1331 S Jackson St #A
2 Beds
$750
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs ok
- on-site laundry
- in-unit laundry
509 S Cedar St
2 Beds
$850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
590 S Wayne St
2 Beds
$875
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
315 S Washington St
1 Bed
$795
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
212 E High St #NA
3 Beds
$1,350
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs ok
- on-site laundry
- in-unit laundry
1327 S Cedar St
2 Beds
$1,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
400 Oak Trl
2 Beds
$1,108
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
Deer Creek Crossing
Our team has verified this company105 S 7th St
1 Bed
$939
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs ok
- on-site laundry
- in-unit laundry
1331 S Jackson St #A
2 Beds
$750
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs ok
- on-site laundry
- in-unit laundry
509 S Cedar St
2 Beds
$850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
590 S Wayne St
2 Beds
$875
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
315 S Washington St
1 Bed
$795
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
212 E High St #NA
3 Beds
$1,350
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs ok
- on-site laundry
- in-unit laundry
1327 S Cedar St
2 Beds
$1,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry
400 Oak Trl
2 Beds
$1,108
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- on-site laundry
- in-unit laundry