Cheap Apartments for Rent in the Historic Waverly Neighborhood of Columbia, SC from $500 (125 Rentals)

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

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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The Palms on Main
Rent Specials
$1,242 - $2,371
Total Monthly Price

Total Monthly Price

Base Rent
$1,242 - $2,371
Total Monthly Price
$1,242 - $2,371
1 to 2 Bedroom Apartments Available Now

The Palms on Main

1155 Lady StColumbia, SC 29201
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2444 Washington St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Apr 18

2444 Washington St, Unit 2444, Unit 2444

2444 Washington St
ColumbiaSC29204

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property at 3600 Chateau Dr

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299
Total Monthly Price
$1,299

3 Bedroom, 2 Bath Condo for Rent

Available Now

3600 Chateau Dr, Unit 224, Unit 224

3600 Chateau Dr
ColumbiaSC29204

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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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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 3

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 1 Bed unit found at Towers at Forest Acres priced from $799. The Dylan has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Historic Waverly apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Towers at Forest Acres1A - 1 Bedroom1BR,1BA$799
The DylanB50Studio,1BA$800
Arrington Place Apartments2 Beds, 1 bath2BR,1BA$997
Lofts at Lourie's1 bedroom 1 bath1BR,1BA$1,032
Berry BuildingBarringer: StudioStudio,1BA$1,039
Main Street LivingBarringer: StudioStudio,1BA$1,039
Hub Columbia4x34BR,3BA$1,070
1321 Lofts1 Bedroom 1 Bath1BR,1BA$1,113
Cornell Arms ApartmentsStudio One BedroomStudio,1BA$1,150
Elmwood Lofts1 Bedroom 1 Bathroom1BR,1BA$1,200

Best Value Apartments for Rent in Historic Waverly, SC

As of April 15, 2026 the best value apartment in the Historic Waverly area is the $0.90 price per square foot 4x4 Oasis Model at Hub Columbia in the in the Waverly neighborhood starting from $1,260. The second greatest value Historic Waverly apartment is the Cayce Model at Vista Lofts starting at $2,010 with a $1.72 price per square foot in the Eva P. Trezevant 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.
Hub Columbia4x4 Oasis4BR,4BA$0.90
Vista LoftsCayce2BR,2BA$1.72
Granby Crossing2 Bedroom 2 Bathroom2BR,2BA$1.62
Arrington Place Apartments3 Beds, 1 bath3BR,1BA$1.16
Kress BuildingKress: 1 Bedroom1BR,1BA$1.66
Columbia RisingDogwood3BR,1BA$1.49
Elmwood Lofts1 Bedroom 1 Bathroom1BR,1BA$1.37
Rivers Edge at Carolina StadiumThe Santee- Standard Furnished - By The Bedspace1BR,1BA$1.68
The Carolinian2 Bedroom 1 Bath2BR,1BA$1.67
Towers at Forest Acres1A - 1 Bedroom1BR,1BA$1.68

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Pet Friendly Lifestyle
Historic Waverly, Columbia, SC

Ranked #11

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 The Dylan listed at $800.

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

The lowest price for a Cheap One Bedroom Historic Waverly Apartment is $799 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 $997 at Arrington Place Apartments.

What is the most affordable Historic Waverly Three Bedroom Apartment?

The best deal on a cheap Historic Waverly Three Bedroom Apartment rental is at Arrington Place Apartments and starts from $1,143.

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

decorative image for Local Experts Top 8: Affordable Columbia, SC Neighborhoods for Quality Living article

Local Experts 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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.