Cheap Apartments for Rent in Waverly, KY from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.

Embassy Apartments

Lakewood Flats

Devonshire Gardens I & II

Naveen Pine Townhomes

Foxfire West Apartments

The Forge on Main

Village Green
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Abbey Court Apartments

Copper Creek Townhomes

Mission Viejo Villas

Woodbridge Place

1323 E Olive St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1710 S Kerth Ave

1419 SE 2nd St

205 Blackford Ave

1414 E Indiana St

4624 New Harmony Rd

2803 Ravenswood Dr

1421 Clay St

730 Ridgeway Ave

207 Blackford Ave
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.

1330 SE 2nd St
Waverly, KY Local Guide

How much does it cost to rent an apartment in Waverly?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waverly Studio Apartments | $1,380 | $550 | $1,909 |
Waverly 1 Bedroom Apartments | $1,086 | $599 | $2,179 |
Waverly 2 Bedroom Apartments | $1,146 | $760 | $2,750 |
Waverly 3 Bedroom Apartments | $1,337 | $1,140 | $1,560 |
Browse Top Apartments in Waverly
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Waverly, KY Local Guide
- Nearby Cities
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Cheapest Available Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in Waverly, KY is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $599. Embassy Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Waverly apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Graystone Henderson | 1 Bedroom | 1BR,1BA | $599 |
Embassy Apartments | 0.1 | Studio,1BA | $610 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $700 |
Foxfire West Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $765 |
Naveen Pine Townhomes | Income-Restricted Two Bedroom Apartment Home | 2BR,1BA | $814 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $825 |
Parkside Apartments | 2 Bedroom | 2BR,1BA | $825 |
Village Green | Chestnut Premium | 1BR,1BA | $845 |
Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $850 |
Mission Viejo Villas | B- Barcelona | 1BR,1BA | $870 |
Best Value Apartments for Rent in Waverly, KY and Nearby
As of May 11, 2025 the best value apartment in the Waverly area is the $0.50 price per square foot 4x2 Single Bed Furnished Model at Eagle Village Student Housing in the in the Evansville West Side neighborhood starting from $600. The second greatest value Waverly apartment is the Two Bedroom A Model at The Forge on Main starting at $900 with a $0.77 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Waverly apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eagle Village Student Housing | 4x2 Single Bed Furnished | 4BR,2BA | $0.50 |
The Forge on Main | Two Bedroom A | 2BR,2BA | $0.77 |
Abbey Court Apartments | Sheffield | 2BR,2BA | $1.05 |
North Park | Berkshire | 2BR,1.5BA | $1.12 |
Indian Woods | The Oak | 2BR,1BA | $1.00 |
Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.05 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $0.97 |
Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.07 |
Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.13 |
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Getting Around Waverly, KY
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 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 Waverly Apartments
What is the Cheapest Studio apartment in Waverly?
Currently the most affordable Cheap Studio Apartment in Waverly is at Embassy Apartments listed at $610.
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $599 at Graystone Henderson.
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 $814 at Naveen Pine Townhomes.
What is the most affordable Waverly Three Bedroom Apartment?
The best deal on a cheap Waverly Three Bedroom Apartment rental is at Mission Viejo Villas and starts from $1,255.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.