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The Waypointe apartments in Norwalk, CT

Updated

The Waypointe

515 West Ave, Norwalk, CT 06850

3.9 (414 reviews) Official Website

Live pricing, refreshed

49
Units Listed
$2,483
Starting at
$3,117
Average
$4,659
Highest
$2.90
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Norwalk, CT rent trends

Beds

Pricing by Bedroom

1 Bed
$2,612
from $2,483 · 21 units
~823 sqft avg
2 Bed
$3,497
from $3,074 · 28 units
~1,262 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (58)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$1.9M

$23M annual run rate

Est. Occupancy

93%

of about 662 units (reported building size)

Effective Rent on New Leases

$3,115

vs $3,117 current asking ($2 negotiation gap)

Recent Lease Activity

80 units tracked; 31 assumed leased, 49 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

49

Very high availability

25 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Norwalk, CT

Citywide

Showing citywide comparison (not enough Norwalk, CT properties tagged with "Norwalk 06850" for a local match). Click any bar to view that building.

Available Units

49 units
1 Bed / 1 Bath A2B_BE 1 Bed 1 Bath
$2,483/mo
817 ft² · $3.04/ft\u00B2 · #1-201
1 Bed / 1 Bath A10_TH 1X1
$2,498/mo
814 ft² · $3.07/ft\u00B2 · #NB102
1 Bed / 1 Bath A9_TH 1X1
$2,499/mo
808 ft² · $3.09/ft\u00B2 · #NB104
1 Bed / 1 Bath A10_TH 1X1
$2,508/mo
814 ft² · $3.08/ft\u00B2 · #NB302
1 Bed / 1 Bath A10_TH 1X1
$2,508/mo
814 ft² · $3.08/ft\u00B2 · #NB402
1 Bed / 1 Bath A1_WA 1X1
$2,509/mo
803 ft² · $3.12/ft\u00B2 · #MB124
1 Bed / 1 Bath A1B_BE 1 Bed 1 Bath
$2,518/mo
768 ft² · $3.28/ft\u00B2 · #1-408
1 Bed / 1 Bath A1_WA 1X1
$2,529/mo
803 ft² · $3.15/ft\u00B2 · #MB132
1 Bed / 1 Bath A1_WA 1X1
$2,529/mo
803 ft² · $3.15/ft\u00B2 · #MB424
1 Bed / 1 Bath A1_WA 1X1
$2,539/mo
803 ft² · $3.16/ft\u00B2 · #MB306

Train activity

Severe nighttime trains

Passenger line 827 ft away · 31 trains/day

  • 18 daytime, 13 overnight
  • Crossing 827 ft away. Horns expected day and night.
  • Operator: MNCW

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Norwalk, CT notes

No resident notes for this property yet.

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