
Cheap Apartments for Rent in New Waverly, IN from $300 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in New Waverly.


Beckford Place

MAPLE CREST

Pine Manor Apartments

Green Town Apartments

Turtle Creek Kokomo
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.

Turtle Creek Apartments

Pechewa Place

Walnut Manor

Welcome to Somerset Village!

Brentwood Greene

1110 N Apperson Way
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.

900 North St

362 W 5th St

723 W Jefferson St

2930 Albright

Lincolnwood Apartments

371 W 12th St
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.

110 1/2 E Jefferson St
New Waverly, IN Local Guide

How much does it cost to rent an apartment in New Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Waverly Studio Apartments | $794 | $550 | $1,100 |
| New Waverly 1 Bedroom Apartments | $849 | $379 | $1,600 |
| New Waverly 2 Bedroom Apartments | $3,377 | $590 | $10,000+ |
| New Waverly 3 Bedroom Apartments | $1,210 | $572 | $1,619 |
| New Waverly 4 Bedroom Apartments | $527 | $505 | $550 |
Browse Top Apartments in New Waverly
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New Waverly, IN Local Guide
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Cheapest Available New Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in New Waverly, IN is a 1 Bed unit found at Senior Living 55+ - Historic Gallatin Square priced from $379. Brentwood Greene has the second lowest priced unit, which is a 2 Beds apartment currently listed from $460. Here is today’s list of the most affordable New Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Senior Living 55+ - Historic Gallatin Square | One Bedroom | 1BR,1BA | $379 |
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $460 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $572 |
| Pine Manor Apartments | 1BR/1.0BA | 1BR,1BA | $670 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $675 |
Best Value Apartments for Rent in New Waverly, IN and Nearby
As of March 07, 2026 the best value apartment in the New Waverly area is the $0.65 price per square foot Two Bedroom Model at Somerset Apartments in the starting from $812. The second greatest value New Waverly apartment is the 2 Bedroom Unit Model at Brentwood Greene starting at $460 with a $0.38 price per square foot . Here is today’s list of the best values for New Waverly apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.65 |
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $0.38 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Wabash River Commons | 2B2B TOWNHOME | 2BR,2BA | $1.19 |
| Senior Living 55+ - Historic Gallatin Square | Two Bedroom | 2BR,1BA | $0.77 |
| Hilltop Ridge | High Income Qualify | 2BR,1BA | $0.96 |
| Georgetown Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.05 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.82 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.17 |
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 ArticleThe 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 ArticleCash 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 ArticleQuick Rent Budget Calculator
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Waverly, IN Rentals by Map
See the most popular apartments and homes in New Waverly, IN
Frequently Asked Questions about Cheap New Waverly Apartments
What is the Cheapest Studio apartment in New Waverly?
Currently the most affordable Cheap Studio Apartment in New Waverly is at Turtle Creek Kokomo listed at $685.
How much is rent for a Cheap One Bedroom New Waverly Apartment?
The lowest price for a Cheap One Bedroom New Waverly Apartment is $379 at Senior Living 55+ - Historic Gallatin Square.
What is the lowest price for a Cheap Two Bedroom New Waverly Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Waverly is starting from $460 at Brentwood Greene.
What is the most affordable New Waverly Three Bedroom Apartment?
The best deal on a cheap New Waverly Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $572.
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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.