Cheap Apartments for Rent in the Waverly Point Neighborhood of Raleigh, NC from $1,300 (2 Rentals)

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

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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.

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South Breeze
Studio Apartments

South Breeze

Highway 50Willow Spring, NC 27592

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Best Value Apartments for Rent in Waverly Point, NC

As of February 05, 2026 the best value apartment in the Waverly Point area is the $1.47 price per square foot Beaufort Model at Summerwind Apartments in the in the Southern Trace neighborhood starting from $1,363. The second greatest value Waverly Point apartment is the 3733 Wakefield Ln Model at 3733 Wakefield Ln, Unit 2 Bedroom Duplex starting at $1,400 with a $1.52 price per square foot in the Southern Trace neighborhood. Here is today’s list of the best values for Waverly Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind ApartmentsBeaufort1BR,1BA$1.47
3733 Wakefield Ln, Unit 2 Bedroom Duplex3733 Wakefield Ln2BR,1BA$1.52

Frequently Asked Questions about Cheap Waverly Point Apartments

How much is rent for a Cheap One Bedroom Waverly Point Apartment?

The lowest price for a Cheap One Bedroom Waverly Point Apartment is $1,363 at Summerwind Apartments.

What is the lowest price for a Cheap Two Bedroom Waverly Point Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waverly Point is starting from $1,498 at Summerwind Apartments.

What is the most affordable Waverly Point Three Bedroom Apartment?

The best deal on a cheap Waverly Point Three Bedroom Apartment rental is at Summerwind Apartments and starts from $1,690.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

Written by: Chris Munier

Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

Written by: Chris Munier

Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

Written by: Chris Munier

Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

Articles, How-To's, and Tips

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.