
Cheap Apartments for Rent in the Waverly Neighborhood of Columbia, SC from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waverly area of Columbia.


2714 Forest Dr

2508 Laurel St

Cornell Arms Apartments

The Carolinian

1004 Pine St, Unit A1

1004 Pine St, Unit A2

1004 Pine St, Unit A3
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The Dylan

1321 Lofts

Main Street Living

2002 Greene St

2511 Youman St

Total Monthly Price
The Palms on Main

618-620 Saluda Ave

2002 Greene St, Unit 213
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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.

Claussens

The Babcock

Hampton House

The Lady

2002 Greene St

Senate Plaza

1229 King St

1600 Park Cir
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2447 Gervais St

526 Edisto Ave

1227 Barnwell St

1814 Greene St

2833 Wesley Dr

2505 Blossom St

2225 Waites Rd

2239 Center St
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2009 Greene St

801 King St

2411 Blossom St

2002 Greene St

902 Pine St

The Land Bank Loft Apartments

Senate Club

1101 Short St
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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 | $1,366 | $800 | $1,820 |
| Waverly 1 Bedroom Apartments | $1,503 | $900 | $2,612 |
| Waverly 2 Bedroom Apartments | $2,116 | $950 | $3,230 |
| Waverly 3 Bedroom Apartments | $3,008 | $2,350 | $3,750 |
| Waverly 4 Bedroom Apartments | $2,495 | $2,495 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 40 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 Cornell Arms Apartments priced from $950. Hub Columbia has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,070. Here are the most affordable Waverly apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cornell Arms Apartments | Studio One Bedroom | Studio,1BA | $950 |
| Hub Columbia | 4x3 | 4BR,3BA | $1,070 |
| The Dylan | D-80% income restricted studio | Studio,1BA | $1,075 |
| 1321 Lofts | 1 Bedroom 1 Bath | 1BR,1BA | $1,113 |
| Main Street Living | Barringer: 1 Bedroom | 1BR,1BA | $1,128 |
| The Palms on Main | Studio | 1BR,1BA | $1,207 |
| The Land Bank Loft Apartments | The Balustrade | 1BR,1BA | $1,269 |
| Claussens | Studio | Studio,1BA | $1,275 |
| Hampton House | 1 Bedroom without Balcony | 1BR,1BA | $1,350 |
| Senate Plaza | Studio | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Waverly, SC
As of June 17, 2026 the best value apartment in the Waverly area is the $1.93 price per square foot 3N Model at The Lady in the in the Waverly neighborhood starting from $3,700. The second greatest value Waverly apartment is the 4x4 Oasis Model at Hub Columbia starting at $1,300 with a $0.93 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. |
|---|---|---|---|
| The Lady | 3N | 3BR,2BA | $1.93 |
| Hub Columbia | 4x4 Oasis | 4BR,4BA | $0.93 |
| Main Street Living | Barringer: 1 Bedroom | 1BR,1BA | $1.72 |
| Hampton House | 1 Bedroom with Balcony | 1BR,1BA | $2.23 |
| Devine & Heidt | A | 1BR,1BA | $2.62 |
| The Land Bank Loft Apartments | The Tabernacle | 1BR,1BA | $2.67 |
| 1321 Lofts | 1 bedroom 1 bath w/balcony | 1BR,1BA | $3.22 |
| Claussens | Studio | Studio ,1BA | $2.81 |
| The Dylan | C-80% income restricted studio | Studio ,1BA | $2.69 |
| Cornell Arms Apartments | Studio One Bedroom | Studio ,1BA | $2.60 |
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 $1,500.
What is the price of a cheap apartment in Waverly?
The cheapest apartment in Waverly is 1321 Lofts which is listed at $1,113, while the average apartment in Waverly costs $2,979.
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 28 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 $362 which is $2,617 cheaper than the average rent for all rentals in 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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.