Zumper
modified
5+ Days Ago

Highlights

  • Conveniently located
  • Off-street parking
  • Luxury vinyl plank flooring, plush carpeting
  • Stackable washer and dryer in unit

Location

255 S Wayne St, Waterloo, IN 46793, USA
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Contact

Management

Open Door Rentals and Real Estate

Leasing office

(260) 908-9690

Property Overview

255 S Wayne St delivers strong overall quality with an 8.8/10 expert rating, highlighted by perfect 10/10 scores for both price and amenities and a 9/10 for its highly convenient location. Residents benefit from off-street parking, in-unit stackable laundry, and modern finishes like luxury vinyl plank flooring and plush carpeting, all at exceptional value for money. The property’s transparent, detailed listing (8/10 trustworthiness) and proximity to several well-rated schools further enhance its appeal.

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.

Zumper Expert Rating

8.8
Very Good
With 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.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Less expensive

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath$750 /mo1 unit availableWelcome to 255 S Wayne St Apt 105 in Waterloo, IN! This recently remodeled 1 bedroom, 1 bathroom apartment features modern paint and LVP flooring throughout. Residents will enjoy the convenience of gas forced heat, on-site laundry facilities, and off-street parking. The apartment includes limited Wifi. Please note that window AC units are to be provided by the resident, and cats are allowed on the premises. A PO BOX is required for mail delivery. Residents will also benefit from the Obligo Approved status for security deposit if qualified and a resident benefit package* Don't miss out on this cozy and convenient apartment in Waterloo! 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.
2BR/1.0BA2 bed1 bath$825 /mo1 unit availableWelcome to 255 S Wayne in Waterloo, IN! This recently remodeled apartment offers a comfortable and modern living space with two bedrooms and one bathroom. Step inside to discover luxury vinyl plank flooring and plush carpeting throughout, creating a cozy atmosphere. Conveniently located, this apartment is just minutes away from I-69, making commuting a breeze. Enjoy easy access to the library and park, perfect for leisurely strolls or outdoor activities. Stay comfortable year-round with central air and gas forced heat. Off-street parking ensures that you always have a convenient spot for your vehicle. For your convenience, there a stackable washer and dryer in unit, eliminating the need for trips to the laundromat. Please note that a PO BOX is required for this apartment. To maintain a clean and healthy environment, smoking and vaping are not permitted, and no animals are allowed. Don't miss out on this fantastic opportunity to make 255 S Wayne your new home in Waterloo, IN. Contact us today to schedule a tour and experience the comfort and convenience this apartment has to offer. 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 255 S Wayne St

Apartment Amenities

Air ConditioningCarpet
Central AirGas Forced Heat

Appliances

In-Unit LaundryMicrohood
MicrowaveStackable Washer and Dryer

Building

Laundry Facility OnsiteModern Color Scheme
Onsite Laundry

Grounds

Off-Street Parking

Services

Package ServiceResident Benefit Package

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

Units7
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About 255 S Wayne St

HomeApartments in Waterloo 255 S Wayne St

Welcome to 255 S Wayne in Waterloo, IN! This recently remodeled apartment offers a comfortable and modern living space with two bedrooms and one bathroom. Step inside to discover luxury vinyl plank flooring and plush carpeting throughout, creating a cozy atmosphere. Conveniently located, this apartment is just minutes away from I-69, making commuting a breeze. Enjoy easy access to the library and park, perfect for leisurely strolls or outdoor activities. Stay comfortable year-round with central air and gas forced heat. Off-street parking ensures that you always have a convenient spot for your vehicle. For your convenience, there a stackable washer and dryer in unit, eliminating the need for trips to the laundromat. Please note that a PO BOX is required for this apartment. To maintain a clean and healthy environment, smoking and vaping are not permitted, and no animals are allowed. Don't miss out on this fantastic opportunity to make 255 S Wayne your new home in Waterloo, IN. Contact us today to schedule a tour and experience the comfort and convenience this apartment has to offer. 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.


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 Good
With 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.
How we rated 255 S Wayne St
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—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.
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:

Pet owners

  • 1 pet grooming service nearby
  • 1 pet supply store near the property

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

Elementary school nearby
There is an elementary school 0.2 mile away
High school nearby
There is a high school 2 miles away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 2 miles away

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Rent trends in Waterloo

1-bedroom apartments here are priced 3% higher than 1-bedrooms in Waterloo.

If you decide to upgrade your space, you can expect 2-bedrooms at 255 S Wayne St to be on par with the average for similarly sized apartments in Waterloo.

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

Affordability calculator

Can I afford to live at 255 S Wayne St?

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

$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
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Internet available near 255 S Wayne St

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

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

9/10
At least one elementary school within a 5-minute walk

High schools

1/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

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