Cheap Apartments for Rent in New Waverly, IN from $300 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Waverly.

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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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.

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900 North St
Studio to 1 Bedroom Apartments

900 North St

900 North StLogansport, IN 46947

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.

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2930 Albright
1 to 2 Bedroom Apartments

2930 Albright

2930 Albright RdKokomo, IN 46902
Corporate Housing
  • Utilities Included
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Lincolnwood Apartments
1 to 4 Bedroom Apartments

Lincolnwood Apartments

2101 Mark LnKokomo, IN 46902
  • Utilities Included
  • Smoke Free
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1826 S Goyer Rd
1 Bedroom Apartments

1826 S Goyer Rd

1826 S Goyer RdKokomo, IN 46902

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.

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Showing Results 1-28, Page 1 of 1

New Waverly, IN Local Guide

Cheapest Available New Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Waverly, IN is a 2 Beds unit found at Brentwood Greene priced from $460. The Annex of Kokomo has the second lowest priced unit, which is a 3 Beds apartment currently listed from $550. Here is today’s list of the most affordable New Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brentwood Greene2 Bedroom Unit2BR,1BA$460
The Annex of Kokomo3 bed 3 Bath3BR,3BA$550
Apperson Way Apartments1 Bed, 1 bath1BR,1BA$650
Green Town ApartmentsOne Bd rm1BR,1BA$675
Beckford Place1 Bedroom1BR,1BA$675
Turtle Creek KokomoSpringStudio,1BA$685
Pechewa PlaceUpstairs 1 Bedroom1BR,1BA$699
Walnut ManorSTUDIOStudio,1BA$699
Somerset ApartmentsOne Bedroom1BR,1BA$709
First Flats1bed/1bath Non-Renovated1BR,1BA$750

Best Value Apartments for Rent in New Waverly, IN and Nearby

As of April 21, 2026 the best value apartment in the New Waverly area is the $0.71 price per square foot 2 Bedroom Unit Model at Brentwood Greene in the starting from $850. The second greatest value New Waverly apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for New Waverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brentwood Greene2 Bedroom Unit2BR,1BA$0.71
Union at Washington3 Bed 2 Bath3BR,2BA$0.88
Millstone Apartments2 bedroom 1 bath2BR,1BA$0.87
CLEAR CREEK APARTMENTS2 bedroom 2 bath2BR,2BA$1.06
MAPLE CREST2x1WD2BR,1BA$1.04
Georgetown Apartments2BR/1.0BA2BR,1BA$1.13
Fox Acres Apartments1 Bed Room1BR,1BA$1.11
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.80
Somerset ApartmentsOne Bedroom1BR,1BA$1.03
Apperson Way Apartments1 Bed, 1 bath1BR,1BA$0.96

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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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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Waverly, IN Rentals by Map

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See the most popular apartments and homes in New Waverly, IN

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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 $650 at Apperson Way Apartments.

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 $776 at Hilltop Ridge.

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 $550.

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 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.

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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.

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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.