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Updated 43 minutes ago

The Wave


201 S Waverly Rd. Lansing, MI

2 Bed
•
1 Bath

700 - 850 Sq. Ft.

Available Now
Deal
"Unwrap the Gift of Freedom: Enjoy Your First Month on Us!" - End Date (05/15/2024)
Floor plans
Studio • 1 Bath
$Ask
700 ft2
0 Available

Expand Collapse
B21
$Ask
Rented
View
A7
$Ask
Rented
View
B17
$Ask
Rented
View
B7
$Ask
Rented
View
B10
$Ask
Rented
View
1 Bed • 1 Bath
$850
575 ft2
0 Available

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B15
$850
Rented
View
1 Bed • 1 Bath
$850
700 ft2
0 Available

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A4
$850
Rented
View
2 Beds • 1 Bath
$1,000 - $1,100
850 ft2
3 Available

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A16
$1,050
Available Now
View
A14
$1,100
Available Now
View
A1
$1,000
Available May 1st, 2024
View
View Rented Units
2 Beds • 1 Bath
$950 - $1,025
700 ft2
3 Available

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A10
$1,000
Available Now
View
A19
$950
Available Now
View
A21
$1,025
Available Now
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
The Wave
The Wave
The Wave
Location ratings
Walk Score®
60
Somewhat Walkable
Bike Score®
55
Bikeable
Amenities
On-site Laundry
Heat Included
Air Conditioning
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Pool
Public Transportation
Controlled Access
Large Closets
Near Campus
Smoke-free Community
24-hour Maintenance
Secured Entry
High-speed Internet
Cable-ready
Freezer
Range / Oven
Dining Room
Living Room
Balcony, Deck, Patio
Dishwasher
Fees & leasing info
Pets
No Pets Allowed
Parking
Surface Parking
Off-street Parking
More Info:

1 space, Unassigned Parking

Lease & Fees
Lease Length: 12 months
Application Fee: $35
Other: 1 Time Admin Fee $50
Property details
Description

The Wave offers premium 2 bedroom apartments with newly remodeled kitchens with new appliances and new flooring throughout. Located in the Edgemont Park area of Lansing just a short drive from Downtown Lansing, Cooley Law School, LCC & the Lansing Mall. Waverly Woods has controlled access buildings, laundry rooms in each building with updated machines so that no coins are needed, and a spacious parking lot to provide our residents with the safety and security they need.
Water fee charge $45 depending on amount of bedrooms and occupants

Additional Details
Year Built: 1964
Total Unit Count: 1
Last Updated: Updated 43 minutes ago
Contact Number: (517) 253-9600
Property manager information
5 West Group
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Office Hours
Monday: 8:00 AM - 3:00 PM
Tuesday: 8:00 AM - 3:00 PM
Wednesday: 8:00 AM - 3:00 PM
Thursday: 8:00 AM - 3:00 PM
Friday: 8:00 AM - 3:00 PM
Contact The Wave
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Email Address

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Photos Floor Plans Amenities
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2 - 3 BR | May. 7, 2024
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About The Wave
Welcome to The Wave, managed by 5 West Group, in Lansing, MI. This apartment complex was built in 1964 and offers a range of floor-plan options including studios, one bedroom, and two bedroom units. The square footage ranges from a comfortable 575 square feet to a spacious 850 square feet.

Each unit at The Wave includes a host of amenities to make your living experience convenient and enjoyable. These amenities include heat, air conditioning, surface parking, a balcony, deck, or patio, storage options, a dishwasher, and a refrigerator. Additionally, residents have access to a pool and controlled access for added security.

One of the highlights of The Wave is the newly remodeled kitchens with new appliances and modern flooring throughout the apartments. The complex is located in the Edgemont Park area of Lansing, just a short drive from Downtown Lansing, Cooley Law School, LCC, and the Lansing Mall.

In terms of community amenities, The Wave offers laundry rooms in each building with updated machines that do not require coins, providing convenience for residents. There is also a spacious parking lot available to ensure the safety and security of residents.

It is important to note that there is a water fee charge of $45, which may vary depending on the number of bedrooms and occupants. If you are searching for a comfortable and well-equipped apartment in Lansing, The Wave is definitely worth considering.
Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Wave by bedroom type below.
2 Bedroom
Suggested income:
$36,700
per year
Rent report

The Wave Rent vs. Lansing Average

 The Wave      Lansing Average
2BR
$1,021
$1,061
$0
$350
$700
$1,050
$1,400

The Wave is asking 4% less than the average 2 bedroom apartment in Lansing.

If you upsized to an average priced Lansing 3 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Lansing 1 bedroom apartment, you would pay 18% less per month.

The Wave provides 19% less square footage than the average Lansing 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Wave
2BR $1,021 $1.30 $3,062
Lansing Average
Studio $554 $1.20 $1,662
1BR $901 $1.30 $2,702
2BR $1,061 $1.10 $3,183
3BR $1,361 $1.10 $4,082
4BR $1,608 $1.20 $4,824

Availability in Lansing

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 298 2BR units on the market in Lansing. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 25% 38% 12% 7%
Available Units in Lansing
Studio 136
1BR 194
2BR 298
3BR 96
4BR 55
Location
Nearby Hospitals
Name Distance
Sparrow Health System St Lawrence Campus 1.77 mi.
Mclaren Greater Lansing 3.15 mi.
Sparrow Specialty Hospital 3.39 mi.
Nearby Fire Stations
Name Distance
Lansing Charter Township Fire Department 0.42 mi.
Michigan Department Of Natural Resources 2.23 mi.
Capital Region Airport Authority Public Safety Division 4.1 mi.
FAQs
Is this property currently leasing units?
Yes. There are 6 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 6 units available for move-in over the next 2 months. 5 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 700 to 850 square feet.
Does this property allow cats or dogs?
Pets are not allowed at this property.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $950 to $1,100. The Wave has 2 bedroom units available starting at $950.
Where is this property located?
This property is at 201 S Waverly Rd. in Lansing, MI. It's 2.7 miles west from the center of Lansing.
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