Cheap Apartments for Rent in Waverly, IA from $400 (16 Rentals)

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Waverly
1 to 4 Bedroom Apartments

Waverly

202 Cedar AveWaverly, IA 50677
  • Utilities Included
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Willow Run
2 Bedroom Apartments

Willow Run

313 NW 24th StWaverly, IA 50677
  • Utilities Included

Waverly, IA Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, IA is a 4 Beds unit found at Residences at College Hill in the Downtown Cedar Falls neighborhood priced from $425. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences at College Hill4 bed / 1 bath - Private Bedroom Only4BR,1BA$425
Russell LamsonStudioStudio,1BA$675
1106-1110 Kent CircleKent Circle 1 Bed/1 Bath1BR,1BA$750
Union at North Crossing1 Bed 1 Bath1BR,1BA$757
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$775

Best Value Apartments for Rent in Waverly, IA and Nearby

As of March 26, 2025 the best value apartment in the Waverly area is the $1.36 price per square foot Pinnacle Villages - Waverly Model at Pinnacle Villages - Waverly in the starting from $1,630. The second greatest value Waverly apartment is the 3BR/2.5BA Model at Woodline Condos starting at $1,725 with a $1.44 price per square foot . Here is today’s list of the best values for Waverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle Villages - WaverlyPinnacle Villages - Waverly3BR,2.5BA$1.36
Woodline Condos3BR/2.5BA3BR,2.5BA$1.44
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$0.98
Riverwalk Residences1st Month Free2BR,2BA$1.23
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.00
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Union at North Crossing2 Bed 2 Bath2BR,2BA$1.13
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$1.10
Leavitt Park Apartments - Waterloo, IAStandard Unit2BR,1BA$1.14
Rolling Meadows Apartments- 1 Bedroom/1 Bath Apartment in Excellent Loca...1BR,1BA$1.40

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Explore Waverly, IA Rentals by Map

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Getting Around Waverly, IA

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Waverly Apartments

What is the Cheapest Studio apartment in Waverly?

Currently the most affordable Cheap Studio Apartment in Waverly is at Russell Lamson listed at $675.

How much is rent for a Cheap One Bedroom Waverly Apartment?

The lowest price for a Cheap One Bedroom Waverly Apartment is $750 at 1106-1110 Kent Circle.

What is the lowest price for a Cheap Two Bedroom Waverly Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waverly is starting from $775 at 1637 Carriage Hill Dr.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Rolling Meadows Apartments 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.

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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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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.

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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.

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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.