The "Wave" Apartments

Verified
This is a CoStar Verified® Listing

The "Wave" in Lansing, MI is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

(517) 253-9046
Check Availability
201 S Waverly Rd, Lansing, MI 48917

Photos

Contact

The "Wave"

201 S Waverly Rd
Lansing, MI 48917
(517) 253-9046
The "Wave" in Lansing, MI - Building Photo
  • 1–2 Bedrooms
  • $775-$1,050Pricing
  • 700–925Square Feet

About The "Wave"

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

The "Wave" is located in the Edgemont Park Neighborhood and 48917 Zip code of Lansing, MI. This community is professionally managed by Five West Group

Property Contact Info

Floorplan Pricing and Availability

The "Wave" offers 1 to 2 Bedroom apartments starting from $775 and having 700–925 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    One Bedroom

    From $775

    1 Bed, 1 Bath, 700 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $775Available NowOne Bedroom700 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Smoke Free
    • Storage Space
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Instant Hot Water
    • Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $775 - $900
  • 2 Bedrooms

    Two Bedroom Premium

    From $1,000

    2 Beds, 1 Bath, 925 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,000Available NowTwo Bedroom Premium925 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating

    Kitchen

    • Dishwasher
    • Disposal
    • Range
    • Refrigerator

    Living Space

    • Large Bedrooms
    • Vinyl Flooring
    • Window Coverings

    Model Rent and Fees

    Model Price Range

    • $1,000 - $1,050
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (517) 253-9046 to schedule a tour.

3D Tours

Property Information

Lease Terms

  • 12 mo

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$35
Due at Move-In
Administrative FeeiCharged per unit.$100

Pet Policy and Fees

Cats

    Restrictions:

    Some restrictions apply.

    Dogs

      Restrictions:

      Some restrictions apply.

      Parking Info and Fees

      Surface Lot
      • 1 Max

      Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

      Features and Amenities

      Unique Amenities

      • Smoke Free Facility

      On-Site Services

      • Laundry Facilities

      Community Features

      • Walk Up

      Outdoor Features

      • Controlled Access

      Interior Features

      • Storage Space
      • Heating
      • Tub/Shower
      • Cable Ready
      • Air Conditioning
      • Smoke Free

      Kitchen Amenities

      • Dishwasher
      • Eat In Kitchen
      • Range
      • Refrigerator
      • Oven
      • Disposal
      • Freezer
      • Instant Hot Water
      • Kitchen

      Living Area Features

      • Window Coverings
      • Vinyl Flooring
      • Carpet
      • Large Bedrooms
      Google Map

      Map

      201 S Waverly Rd, Lansing, MI 48917

      Hours and Contact Info

      Call Us - Open Now!
      Currently Closed
      By Appointment
      Monday8:00 am–3:00 pm
      Tuesday8:00 am–3:00 pm
      Wednesday8:00 am–3:00 pm
      Thursday8:00 am–3:00 pm
      Friday8:00 am–3:00 pm
      SaturdayClosed
      SundayClosed

      Frequently Asked Questions about The "Wave"

      Where is The "Wave" located?

      The "Wave" is located at 201 S Waverly Rd near the Edgemont Park area of Lansing, MI

      What is the current rent range at The "Wave"?

      1 Bedroom to 2 Bedroom Apartments at The "Wave" currently range from $775 to $1,050

      When is the leasing office open?

      • The office Hours for The "Wave" are
      • 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
      • Saturday Closed
      • Sunday Closed

      Are pets allowed?

      Call us today to find out our pet policy and if we allow pets

      Lifestyle Ratings

      • Cost Per Sq.Ft. 3.0

        The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

      • Affordability Nice Value3.0

        The The "Wave" Apartments are 12.95% cheaper than the average apartment in the Edgemont Park area, and 30.6% cheaper than the average apartment city-wide.

        Rent Comparison to the Edgemont Park Neighborhood

        FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
        1 Bedroom$775$907-$132-14.6%
        2 Bedroom$1,000$1,128-$128-11.3%

        Rent Comparison to the city of Lansing

        FloorplanLowest Price HereCity Average RentCost Difference%
        1 Bedroom$775$1,146-$371-32.4%
        2 Bedroom$1,000$1,404-$404-28.8%

        Methodology: On 02/28/2026, ApartmentHomeLiving.com compared current rents by floorplan to 152 other apartment communities in the immediate area around The "Wave" (Edgemont Park), and 766 other apartment communities in Lansing using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

        Rent Pricing Data as of 02/28/2026

      Learn more about Lifestyle Search

      Renters Reviews and Ratings

      3.9
      2 Renters Reviews
      ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

      Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
      • Nightmare living

        October 22, 2021
        I lived at this location for over two years. I finally moved out after the building was condemned. During the time I lived there the basement would flood with sewerwater and the tenants were expected to wade through it in order to do laundry. Police cars in the parking lot were an extremy frequent occurrence. I had no heating in the wi ter the 2nd year I lived there a d had to rely on space heaters. Trash and dirty diapers flooded the common areas and the stench was embarrasing. Children wrote ...
        all over the walls of the common areas and my door. The actual unit had many issues including water damage thay had been painted over and mold in the bathroom. After the building was condemned I tried to get ahold of the management company who stated they wouldn't tell me anything, then hung up on me multiple times. When i contacted and asked for a manager to speak with I was hung up on again. MY. HOME. WAS. CONDEMNED. They still charged rent during this time and took on new tenants, while providing no accommodations. Absolitely abhorrent business practice. I wouldn't wish living here on my worst enemies.
        Read More
        Review from Apartments.com
      • Management company is horrible

        May 22, 2020
        The whole complex has been condemned for 2 months and I have had issues from August that haven't been fixed. The security doors don't stay shut and the buzzer to open the door from apartments hardly ever work. There's Waverly animal hospital next door and they have boarding so all day long you will hear dogs barking. The stairs and common areas have never been cleaned since this company took over, the lawn hardly gets mowed and there's trash everywhere inside and out.
        • Property Manager Responded

          February 18, 2021
          Issues have been and are continually being fixed, security doors all have new locks and close, Units are being upgraded. Stairs and common areas have all been cleaned and are all going to be painted and new carpet install. All new mail boxes have been installed this property in now an smoke and drug free community.
        Review from Apartments.com

      Nearby Schools

      East Intermediate School

      Waverly Community Schools
      3131 West Michigan Avenue
      Public School - Grades 5-6 (428 Students)
      In Attendance Zone1 minute drive / 0.6 miles away
      3/10

      Meryl S Colt Elementary School

      Waverly Community Schools
      4344 West Michigan Avenue
      Public School - Grades PK-K (192 Students)
      In Attendance Zone1 minute drive / 0.5 miles away

      Waverly Senior High School

      Waverly Community Schools
      160 Snow Road
      Public School - Grades 9-12 (1000 Students)
      In Attendance Zone3 minute drive / 1.0 miles away
      6/10

      Elmwood Elementary School

      Waverly Community Schools
      1533 Elmwood Road
      Public School - Grades 1-4 (375 Students)
      In Attendance Zone5 minute drive / 1.7 miles away
      7/10

      Waverly Middle School

      Waverly Community Schools
      620 Snow Road
      Public School - Grades 5-8 (480 Students)
      In Attendance Zone3 minute drive / 1.1 miles away
      3/10
      School data provided by GreatSchools.
      details
      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 scale of 1 (below average) and 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 needs as part of the school selection process.

      About GreatSchools Data on ApartmentHomeLiving.com.

      Points of Interest

      Time and distance from The "Wave".

      Big Box and Retail

      Walgreens

      3915 W Saginaw Hwy
      2 minute drive / 0.75 miles away

      Target

      5609 W Saginaw Hwy
      4 minute drive / 1.57 miles away

      Kroger

      921 W Holmes Rd
      6 minute drive / 3.0 miles away

      Colleges and Universities

      Lansing Community College - West Campus

      5708 Cornerstone Drive
      5 minute drive / 1.74 miles away

      Western Michigan University - Cooley Law School

      300 S Capitol Ave
      4 minute drive / 2.32 miles away

      Lansing Community College - Downtown Campus

      422 North Washington Square
      5 minute drive / 2.43 miles away

      Groceries

      Kroger

      921 W Holmes Rd
      6 minute drive / 3.0 miles away

      Meijer

      6200 S Pennsylvania Ave
      11 minute drive / 5.19 miles away

      Aldi

      5165 Marsh Rd
      20 minute drive / 9.5 miles away

      Hospitals

      Mclaren Greater Lansing

      401 W Greenlawn Ave
      6 minute drive / 2.87 miles away

      University Of Michigan Health - Sparrow Lansing Hospital

      1215 E Michigan Avenue
      7 minute drive / 3.32 miles away

      Military Bases

      Army Air Support

      15 minute drive / 7.27 miles away

      Shopping Centers

      Waverly Centre

      319-325 S Waverly Rd
      1 minute drive / 0.13 miles away

      Waverly Expressway Center

      635 S Waverly Rd
      1 minute drive / 0.23 miles away

      Waverly Plaza Shopping Center

      800 S Waverly Rd
      1 minute drive / 0.41 miles away

      The "Wave" has 5 shopping centers within 0.8 miles.

      Nearby Neighborhoods

      Studio to 3 Bedroom Apartments from $451
      View Rentals
      Studio to 3 Bedroom Apartments from $600
      View Rentals
      Studio to 3 Bedroom Apartments from $451
      View Rentals

      Rental Price Ranges in the Area

      BedroomAverage RentCheapest RentHighest Rent
      Lansing Studio Apartments $1,231$600$2,449
      Lansing 1 Bedroom Apartments $1,146$451$2,899
      Lansing 2 Bedroom Apartments $1,404$475$4,250
      Lansing 3 Bedroom Apartments $1,845$699$4,600
      Lansing 4 Bedroom Apartments $1,327$549$1,900

      Browse Top Apartments in Lansing

      Viewing: The "Wave" | Desktop Version | Listing Updated: 02/23/2026 | AHLPLA