Cheap Apartments for Rent in Waveland, IN from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Waveland.

Historic Walnut Square

Northwind

2204 Alpha Dr

The Grove

The Village Quarter

The Laurel Flats Apartments

6333 N 35th St

1130 Florida Ave

1818 Michigan St

8701 N Raintree Ct

3771 E Park Ave

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 | $1,006 | $525 | $1,549 |
Waveland 1 Bedroom Apartments | $1,087 | $550 | $1,829 |
Waveland 2 Bedroom Apartments | $1,404 | $519 | $3,050 |
Waveland 3 Bedroom Apartments | $1,858 | $950 | $2,479 |
Waveland 4 Bedroom Apartments | $1,506 | $475 | $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 |
Northwind | The Hickory | 1BR,1BA | $705 |
The Deming | A | 1BR,1BA | $719 |
Best Value Apartments for Rent in Waveland, IN and Nearby
As of March 21, 2025 the best value apartment in the Waveland area is the $0.86 price per square foot 1611 Ashley Dr Model at 1611 Ashley Dr in the in the Lebanon Whitestown neighborhood starting from $1,729. 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. |
---|---|---|---|
1611 Ashley Dr | 1611 Ashley Dr | 3BR,2BA | $0.86 |
Cloverdale Heights | Studio, 1 bath | Studio ,1BA | $1.00 |
Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.13 |
LaCabreah Apartments | Dover | 1BR,1BA | $1.24 |
Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.17 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.90 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Shaker Square | Oxford | 1BR,1BA | $1.23 |
Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
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 $650 at Union Pointe.
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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.