
Cheap Apartments for Rent in the Waverly Neighborhood of Columbia, SC from $800 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waverly area of Columbia.


Cornell Arms Apartments

2508 Laurel St

The Carolinian

Main Street Living

The Dylan

1520 Senate St, Unit 85

1321 Lofts

The Babcock
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.

1527 Gervais St

2002 Greene St, Unit 301

Claussens

Total Monthly Price
The Palms on Main

Hampton House

The Lady

2002 Greene St, Unit 105

1900 Greene St

1832 Greene St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2332 Stark St, Unit 2-unit Duplex

Senate Plaza

2009 Greene St

1227 Barnwell St

3 Barnwell St

1215 King St

912-920 King St

920 King St

913 Pine St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2833 Wesley Dr

2239 Center St

1825 St Julian Pl

2411 Blossom St

2002 Greene St

801 King St

1600 Park Cir

801 King St

The Land Bank Loft Apartments
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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.

1527 Gladden St

Senate Club

1101 Short St
Waverly, Columbia, SC Local Guide

How much does it cost to rent an apartment in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Studio Apartments | $1,282 | $800 | $1,750 |
| Waverly 1 Bedroom Apartments | $1,691 | $900 | $2,803 |
| Waverly 2 Bedroom Apartments | $2,072 | $950 | $3,322 |
| Waverly 3 Bedroom Apartments | $2,567 | $2,350 | $2,659 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 1 mile radius of the Waverly Neighborhood of Columbia, SC.
See all Apartments in ColumbiaExplore Columbia
Cheapest Available Waverly Apartments for Rent
 The cheapest available apartment rental in the Waverly area of Columbia, SC is a Studio unit found at The Dylan priced from $999. The Carolinian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,001. Here are the most affordable Waverly apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dylan | C-80% income restricted studio | Studio,1BA | $999 |
| The Carolinian | 1 Bedroon 1 Bath | 1BR,1BA | $1,001 |
| Main Street Living | Barringer: 1 Bedroom | 1BR,1BA | $1,043 |
| 1321 Lofts | 1 Bedroom 1 Bath | 1BR,1BA | $1,113 |
| Cornell Arms Apartments | One Bedroom | 1BR,1BA | $1,150 |
| Hampton House | 1 Bedroom without Balcony | 1BR,1BA | $1,350 |
| Senate Plaza | Studio | Studio,1BA | $1,500 |
| The Land Bank Loft Apartments | The Quion | 1BR,1BA | $1,569 |
| Bennet at BullStreet | A3 | 1BR,1BA | $2,328 |
Best Value Apartments for Rent in Waverly, SC
As of August 01, 2026 the best value apartment in the Waverly area is the $1.44 price per square foot 2332 Stark St Model at 2332 Stark St, Unit 2-unit Duplex in the in the Waverly neighborhood starting from $1,400. The second greatest value Waverly apartment is the A3 Model at Bennet at BullStreet starting at $2,328 with a $3.26 price per square foot in the Waverly neighborhood. Here is today’s list of the best values for Waverly apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2332 Stark St, Unit 2-unit Duplex | 2332 Stark St | 2BR,1BA | $1.44 |
| Bennet at BullStreet | A3 | 1BR,1BA | $3.26 |
| The Carolinian | 1 Bedroon 1 Bath | 1BR,1BA | $1.43 |
| Hampton House | 1 Bedroom with Balcony | 1BR,1BA | $2.23 |
| Cornell Arms Apartments | One Bedroom | 1BR,1BA | $1.97 |
| The Land Bank Loft Apartments | The Quion | 1BR,1BA | $2.95 |
| 1321 Lofts | 1 bedroom 1 bath w/balcony | 1BR,1BA | $3.03 |
| Senate Plaza | Furnished Studio | Studio ,1BA | $3.79 |
| Main Street Living | Barringer: Studio | Studio ,1BA | $3.14 |
| The Dylan | C-80% income restricted studio | Studio ,1BA | $2.74 |
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 $2,328.
What is the price of a cheap apartment in Waverly?
The cheapest apartment in Waverly is The Carolinian which is listed at $1,001, while the average apartment in Waverly costs $1,507.
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 27 regular apartments in Waverly that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.