Cheap Homes for Rent in Waverly Point Neighborhood of Raleigh, NC from $1,700 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Waverly Point area of Raleigh.

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Waverly Point, Raleigh, NC Local Guide

Cheapest Available Waverly Point Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Summerwind ApartmentsBeaufort1BR,1BA$1,365
Alcove Garner Apartments1 Bedroom 1 Bathroom1BR,1BA$1,400

Best Value Apartments for Rent in Waverly Point, NC

As of March 22, 2025 the best value apartment in the Waverly Point area is the $1.47 price per square foot Beaufort Model at Summerwind Apartments in the in the Southern Trace neighborhood starting from $1,365. The second greatest value Waverly Point apartment is the 1 Bedroom 1 Bathroom Model at Alcove Garner Apartments starting at $1,400 with a $1.72 price per square foot in the Southern Trace neighborhood. Here is today’s list of the best values for Waverly Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind ApartmentsBeaufort1BR,1BA$1.47
Alcove Garner Apartments1 Bedroom 1 Bathroom1BR,1BA$1.72

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Frequently Asked Questions about Waverly Point

What type of rentals are currently available in Waverly Point?

There are currently 5 Apartments for Rent in Waverly Point, NC with pricing that ranges from $1,370 to $2,829. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly Point ranging from $1,780 to $2,945.

What is the current price range for Rental Homes in Waverly Point?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waverly Point ranges from $1,780 to $2,945 with an average monthly rent of $2,260.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

Written by: Chris Munier

Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.