Cheap Apartments for Rent in the Waverly Neighborhood of Baltimore, MD from $700 (30 Rentals)

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

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Waverly, Baltimore, MD Local Guide

Cheapest Available Waverly Apartments for Rent

 

The cheapest available apartment rental in the Waverly area of Baltimore, MD is a Studio unit found at St Paul St 817 priced from $745. Northwood Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Waverly apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
St Paul St 8170BR/1.0BAStudio,1BA$745
Northwood Homes1BR 1BA(469)1BR,1BA$900
28 E Mount Vernon PlStudioStudio,1BA$1,000
Mount Vernon ApartmentsStudioStudio,1BA$1,019
Wellington Gate ApartmentsOne Bedroom Junior1BR,1BA$1,033
Winston Apartments2 Bedroom 1 Bath - Woodbourne2BR,1BA$1,048
Yorkewood ApartmentsThe Williamsburg1BR,1BA$1,090
611 Park AvenueStudio StandardStudio,1BA$1,095
Maplewood ApartmentsThe Chestnut Collection2BR,1BA$1,160
The Marylander Apartment HomesStudioStudio,1BA$1,170

Best Value Apartments for Rent in Waverly, MD

As of June 22, 2025 the best value apartment in the Waverly area is the $1.84 price per square foot 2A Model at Symphony Center Apartments in the in the Inner Harbor neighborhood starting from $2,345. The second greatest value Waverly apartment is the 3 Bedroom 1 Bath Model at Mount Vernon Apartments starting at $2,299 with a $1.92 price per square foot in the Inner Harbor 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.
Symphony Center Apartments2A2BR,2BA$1.84
Mount Vernon Apartments3 Bedroom 1 Bath3BR,1BA$1.92
The Telephone Building2BR/1BA2BR,1BA$1.85
Chesapeake Commons1x11BR,1BA$1.84
Winston Apartments1 Bedroom 1 Bath - Belvedere1BR,1BA$1.46
The Hills at LakeviewAmethyst2BR,1BA$1.73
Maplewood ApartmentsThe Chestnut Collection2BR,1BA$1.76
28 E Mount Vernon PlStudioStudio ,1BA$1.54
Yorkewood ApartmentsThe Squire1BR,1BA$1.70
St Paul St 8170BR/1.0BAStudio ,1BA$1.77

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Pet Friendly Lifestyle
Waverly, Baltimore, MD

Ranked #57

Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Waverly Neighborhood in Baltimore, MD

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Waverly Apartments

What is a cheap apartment in Waverly?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waverly is under $1,170.

What is the price of a cheap apartment in Waverly?

The cheapest apartment in Waverly is Northwood Homes which is listed at $900, while the average apartment in Waverly costs $3,600.

What types of apartments are the cheapest in Waverly?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 62 regular apartments in Waverly that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waverly?

Cheap apartments in Waverly have an average cost of $588 which is $3,012 cheaper than the average rent for all rentals in Waverly.

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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A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sarah Bregel

There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.