Cheap Apartments for Rent in the Historic Waverly Neighborhood of Columbia, SC from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1113 Olympia Ave

$895 - $1,495

1 To 2 Bedroom Rentals

Available Now

1113 Olympia Ave

ColumbiaSC29201

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

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.

close
View Me
NOMA Flats
Rent Specials
$1,199 - $1,549
Total Monthly Price

Total Monthly Price

Base Rent
$1,124 - $1,474
Required Monthly Fees
$75

Total Monthly Price
$1,199 - $1,549
1 to 3 Bedroom Apartments Available Now

NOMA Flats

2637 River DrColumbia, SC 29201
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
1321 Lofts
$1,211 - $2,008
Total Monthly Price

Total Monthly Price

Base Rent
$1,111 - $1,908
Required Monthly Fees
$100

Total Monthly Price
$1,211 - $2,008
1 to 2 Bedroom Apartments Available Now

1321 Lofts

1321 Lady StColumbia, SC 29201
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Carolinian
Rent Specials
$1,250 - $1,391
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,346
Required Monthly Fees
$45

Total Monthly Price
$1,250 - $1,391
2 Bedroom Apartments Available Now

The Carolinian

1318 Pickens StColumbia, SC 29201
Affordability
  • Verified
  • Smoke Free

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.

close
View Me
Veranda at North Main
1 to 2 Bedroom Apartments

Veranda at North Main

3700 N Main StColumbia, SC 29203
Senior Living
  • Utilities Included
close
View Me
Benton Crossing
1 to 3 Bedroom Apartments

Benton Crossing

2617 River DrColumbia, SC 29201
close
View Me
Berry Building
Studio to 3 Bedroom Apartments

Berry Building

1600-1608 Main StColumbia, SC 29201
close
View Me
Olympia Mills
1 to 4 Bedroom Apartments

Olympia Mills

600 Heyward StColumbia, SC 29201
close
View Me
801 King St
2 Bedroom Apartments

801 King St

801 King StColumbia, SC 29205
close
View Me
2411 Blossom St
Studio to 3 Bedroom Apartments

2411 Blossom St

2411 Blossom StColumbia, SC 29205
Student Housing
  • Utilities Included

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.

close
View Me
612 Whaley at The Mills
1 to 2 Bedroom Apartments

612 Whaley at The Mills

612 Whaley StColumbia, SC 29201
Student Housing
  • Utilities Included

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 Towers at Forest Acres priced from $808. Columbia Rising has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. Here are the most affordable Historic Waverly apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Towers at Forest Acres0C - StudioStudio,1BA$808
Columbia RisingModern 2bd & 3bd homes ready for you!2BR,1BA$975
Arrington Place Apartments2 Beds, 1 bath2BR,1BA$997
Lofts at Lourie's1 bedroom 1 bath1BR,1BA$1,032
Cornell Arms ApartmentsStudio One BedroomStudio,1BA$1,050
Hub Columbia4x34BR,3BA$1,090
Berry BuildingBarringer: 1 Bedroom1BR,1BA$1,158
Main Street LivingBarringer: 1 Bedroom1BR,1BA$1,158

Best Value Apartments for Rent in Historic Waverly, SC

As of February 24, 2026 the best value apartment in the Historic Waverly area is the $1.41 price per square foot The Stage Model at 5th & Sloan in the in the East Columbia neighborhood starting from $2,100. The second greatest value Historic Waverly apartment is the 4x4 Oasis Model at Hub Columbia starting at $1,249 with a $0.89 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.
5th & SloanThe Stage2BR,2BA$1.41
Hub Columbia4x4 Oasis4BR,4BA$0.89
Tapp's BuildingTapp`s: 2 Bedroom2BR,1BA$1.47
NOMA Flats2 BR2BR,2BA$1.36
Arrington Place Apartments3 Beds, 1 bath3BR,1BA$1.16
1413 Cherokee St1413 Cherokee St2BR,1BA$1.13
Columbia RisingModern 2bd & 3bd homes ready for you!2BR,1BA$1.05
The Carolinian2 Bedroom 1 Bath2BR,1BA$1.39
Elmwood Lofts1 Bedroom 1 Bathroom1BR,1BA$1.37
2922 Chestnut St, Unit A2922 Chestnut St2BR,1BA$1.60

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Historic Waverly, Columbia, SC

Ranked #12

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 a cheap apartment in Historic Waverly?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Waverly is under $1,158.

What is the price of a cheap apartment in Historic Waverly?

The cheapest apartment in Historic Waverly is Towers at Forest Acres which is listed at $866, while the average apartment in Historic Waverly costs $3,771.

What types of apartments are the cheapest in Historic 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 44 regular apartments in Historic 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 Historic Waverly?

Cheap apartments in Historic Waverly have an average cost of $336 which is $3,435 cheaper than the average rent for all rentals in Historic Waverly.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.