Cheap Apartments for Rent in Waveland, IN from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Waveland.

Historic Walnut Square

2204 Alpha Dr

Northwind

The Grove

Roban

The Village Quarter
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

The Laurel Flats Apartments

2333 N 14th St

1818 Michigan St

2000 Indianapolis Rd

904 Sloan St

115 S Walnut St

11748 Silver St

2305 N 11th St

760 S Fulton St

521 N Walnut St
Waveland, IN Local Guide

How much does it cost to rent an apartment in Waveland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waveland Studio Apartments | $1,036 | $525 | $1,589 |
Waveland 1 Bedroom Apartments | $1,118 | $550 | $5,032 |
Waveland 2 Bedroom Apartments | $1,460 | $519 | $3,091 |
Waveland 3 Bedroom Apartments | $1,813 | $950 | $2,479 |
Waveland 4 Bedroom Apartments | $1,388 | $465 | $1,850 |
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Waveland, IN Local Guide
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Cheapest Available Waveland Apartments for Rent and Nearby
 The cheapest available apartment rental in Waveland, IN is a Studio unit found at Brookhaven priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Waveland apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookhaven | Studio | Studio,1BA | $525 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $700 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $726 |
The Annex of Terre Haute | Studio C | Studio,1BA | $750 |
Best Value Apartments for Rent in Waveland, IN and Nearby
As of April 27, 2025 the best value apartment in the Waveland area is the $1.31 price per square foot Forestwood Model at Redwood Danville in the in the Lizton Clayton neighborhood starting from $1,699. The second greatest value Waveland apartment is the Studio, 1 bath Model at Cloverdale Heights starting at $1,000 with a $1.00 price per square foot . Here is today’s list of the best values for Waveland apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Danville | Forestwood | 2BR,2BA | $1.31 |
Cloverdale Heights | Studio, 1 bath | Studio ,1BA | $1.00 |
Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.14 |
LaCabreah Apartments | Dover | 1BR,1BA | $1.27 |
The Village Quarter | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.85 |
Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.17 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
The Landings | 1 Bedroom | 1BR,1BA | $1.22 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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Getting Around Waveland, IN
Walk Score®
5 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
20 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waveland Apartments
What is the Cheapest Studio apartment in Waveland?
Currently the most affordable Cheap Studio Apartment in Waveland is at Brookhaven listed at $525.
How much is rent for a Cheap One Bedroom Waveland Apartment?
The lowest price for a Cheap One Bedroom Waveland Apartment is $550 at Union Pointe.
What is the lowest price for a Cheap Two Bedroom Waveland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waveland is starting from $700 at Historic Walnut Square.
What is the most affordable Waveland Three Bedroom Apartment?
The best deal on a cheap Waveland Three Bedroom Apartment rental is at Brookhaven and starts from $975.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.