Cheap Apartments for Rent in Waverly, MN from $700 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waverly.

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Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
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Deer Run Apartments
2 Bedroom Apartments

Deer Run Apartments

650 Shoreline DrHoward Lake, MN 55349
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
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Showing Results 1-28, Page 1 of 1

Waverly, MN Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, MN is a 2 Beds unit found at Westcello Apartments in the Clemens Munsinger Gardens neighborhood priced from $775. Evergreen Square Apartments in the Willow Glen Carriage neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westcello Apartments2 Beds, 1 bath2BR,1BA$775
Evergreen Square Apartments1 bedroom1BR,1BA$990
Lake Point South Apartments1 Bedroom1BR,1BA$1,045
The Bluffs1 Bedroom - Jefferson - CONTACT FOR AVAILABILITY1BR,1BA$1,059
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,095
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1,189
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Savanna VistaStudioStudio,1BA$1,295
The Dylan ApartmentsHarmony StudioStudio,1BA$1,297
Shoreline Place2 bedroom / 1 bath2BR,1BA$1,300

Best Value Apartments for Rent in Waverly, MN and Nearby

As of March 26, 2025 the best value apartment in the Waverly area is the $1.47 price per square foot 2 Bedroom + Den - CONTACT FOR AVAILABILITY Model at The Bluffs in the in the Clemens Munsinger Gardens neighborhood starting from $1,469. The second greatest value Waverly apartment is the B5 Model at Monticello Village starting at $1,535 with a $1.56 price per square foot in the Clemens Munsinger Gardens neighborhood. 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.
The Bluffs2 Bedroom + Den - CONTACT FOR AVAILABILITY2BR,1BA$1.47
Monticello VillageB52BR,2BA$1.56
Evergreen Square Apartments2 bedroom2BR,1BA$1.27
Westcello Apartments2 Beds, 1 bath2BR,1BA$0.97
Village Place Apartments 55+2 Bedroom2BR,1BA$1.59
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1.35
Deephaven Apartments1 bed 1 bath1BR,1BA$1.58
Lake Point South Apartments1 Bedroom1BR,1BA$1.31
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.66
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56

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Getting Around Waverly, MN

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 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 Savanna Vista listed at $1,295.

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

The lowest price for a Cheap One Bedroom Waverly Apartment is $990 at Evergreen Square Apartments.

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 Westcello Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Deephaven Apartments and starts from $1,890.

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.