Cheap Apartments for Rent in the Historic Waverly Neighborhood of Columbia, SC from $568 (79 Rentals)

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

Local Expert's Top 8: Affordable Columbia, SC Neighborhoods for Quality Living

Moving to Columbia, SC? Explore 8 affordable neighborhoods to rent that are known for strong schools, convenient shopping, and easy access to local natural highlights like Lake Murray.

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property at 230 S Gregg St
$1,000 - $2,250
1 To 4 Bedroom Rentals
Available Now
Affordability

230 S Gregg St

ColumbiaSC29205
property at 3606 Medical Dr
$1,000
2 Bedroom Rentals
Available Now
Affordability

3606 Medical Dr

ColumbiaSC29203

Rent According to Income: A Look at Income-Restricted Rentals

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property at 2217 Blossom St
$1,350 - $1,650
2 Bedroom Rentals
Available Now

2217 Blossom St

ColumbiaSC29205
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Veranda at North Main
1 to 2 Bedroom Apartments

Veranda at North Main

3700 N Main StColumbia, SC 29203
Senior Living
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Historic Waverly, Columbia, SC Local Guide

Cheapest Available Historic Waverly Apartments for Rent

 

The cheapest available apartment rental in the Historic Waverly area of Columbia, SC is a Studio unit found at Elmwood Lofts priced from $920. Towers At Forest Acres has the second lowest priced unit, which is a 1 Bed apartment currently listed from $932. Here are the most affordable Historic Waverly apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Elmwood Lofts55+ Income-Restricted StudioStudio,1BA$920
Towers At Forest AcresTrenholm1BR,1BA$932
The DylanC-80% income restricted studioStudio,1BA$950
The Carolinian1 Bedroon 1 Bath1BR,1BA$1,001
Columbia RisingLongleaf2BR,1BA$1,025
Berry BuildingBarringer: 1 Bedroom1BR,1BA$1,047
Main Street LivingBarringer: 1 Bedroom1BR,1BA$1,047
Hub Columbia4x34BR,3BA$1,070
1321 Lofts1 Bedroom 1 Bath1BR,1BA$1,113

Best Value Apartments for Rent in Historic Waverly, SC

As of September 02, 2026 the best value apartment in the Historic Waverly area is the $1.62 price per square foot 314 S Woodrow St Model at 314 S Woodrow St in the in the East Columbia neighborhood starting from $2,400. The second greatest value Historic Waverly apartment is the 2x2 Model at Hub Columbia starting at $1,219 with a $1.15 price per square foot in the Waverly neighborhood. Here is today’s list of the best values for Historic Waverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
314 S Woodrow St314 S Woodrow St3BR,2BA$1.62
Hub Columbia2x22BR,2BA$1.15
1906 Greene St, Unit 1906 Greene St1906 Greene St2BR,1BA$1.30
Arrington Place Apartments3 Beds, 1 bath3BR,1BA$1.16
1413 Cherokee St1413 Cherokee St2BR,1BA$1.13
2332 Stark St, Unit 2-unit Duplex2332 Stark St2BR,1BA$1.44
Columbia RisingPalmetto2BR,1BA$1.38
Cornell Arms ApartmentsTwo Bedroom2BR,1BA$1.59
The Carolinian1 Bedroon 1 Bath1BR,1BA$1.43
Towers At Forest AcresTrenholm1BR,1BA$1.52

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Historic Waverly, Columbia, SC

Ranked #9

Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Historic Waverly, Columbia, SC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across South Carolina, including Columbia. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Historic Waverly Apartments

What is the Cheapest Studio apartment in Historic Waverly?

Currently the most affordable Cheap Studio Apartment in Historic Waverly is at Elmwood Lofts listed at $920.

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

The lowest price for a Cheap One Bedroom Historic Waverly Apartment is $932 at Towers At Forest Acres.

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

Today's best deal for a Cheap Two Bedroom Apartment in Historic Waverly is starting from $1,025 at Columbia Rising.

What is the most affordable Historic Waverly Three Bedroom Apartment?

The best deal on a cheap Historic Waverly Three Bedroom Apartment rental is at Hub Columbia and starts from $1,129.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Local Expert's Top 8: Affordable Columbia, SC Neighborhoods for Quality Living

Written by: Kama Offenberger

I'm Kama, the ApartmentHomeLiving.com Local Expert for Columbia, South Carolina.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.