Cheap Apartments for Rent in the Waverly Hills Neighborhood of Tallahassee, FL from $700 (49 Rentals)

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

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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Acasa Bainbridge
Rent Specials
$1,075 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,550
Total Monthly Price
$1,075 - $1,550
3 to 4 Bedroom Apartments Available Now

Acasa Bainbridge

1600 Old Bainbridge RdTallahassee, FL 32303
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Live Oaks @ 275
$1,080 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,600
Total Monthly Price
$1,080 - $1,600
1 to 4 Bedroom Apartments Available Now

Live Oaks @ 275

275 John Knox RdTallahassee, FL 32303
Affordability
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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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property at 238 Lake Ella Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Now

238 Lake Ella Dr

TallahasseeFL32303
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LondonTown @ Midtown
$1,265 - $1,835
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $1,835
Total Monthly Price
$1,265 - $1,835
1 to 3 Bedroom Apartments Available Now

LondonTown @ Midtown

2039 N Meridian RdTallahassee, FL 32303
Affordability
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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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Midtown Station
2 Bedroom Apartments

Midtown Station

1903 Dawsey StTallahassee, FL 32303
  • Utilities Included
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Suites on 6th
1 Bedroom Apartments

Suites on 6th

1215 Lee AveTallahassee, FL 32303
Student Housing
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Jamestown Woods
1 to 2 Bedroom Apartments

Jamestown Woods

3150 Windsong DrTallahassee, FL 32308
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Tallahassee's Best Affordable Neighborhoods

Learn about Tallahassee and the best places to live with original content written by Local Expert Allaire Williams

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property at 1217 N Martin Luther King Jr Blvd.

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

1217 N Martin Luther King Jr Blvd.

TallahasseeFL32303
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Midtown at Meridian
2 to 3 Bedroom Apartments

Midtown at Meridian

1951 N Meridian RdTallahassee, FL 32303
  • Utilities Included
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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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property at 1104 Volusia St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

1104 Volusia St

TallahasseeFL32304
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Waverly Hills, Tallahassee, FL Local Guide

Cheapest Available Waverly Hills Apartments for Rent

 

The cheapest available apartment rental in the Waverly Hills area of Tallahassee, FL is a 1 Bed unit found at Swan Luxury Studio Apartments priced from $795. Capital Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here are the most affordable Waverly Hills apartments for rent in Tallahassee, FL:

Apartment ListingModel NameBed/BathPriced From
Swan Luxury Studio ApartmentsBase Studio1BR,1BA$795
Capital RidgeOne Bed One Bath Standard1BR,1BA$920
Acasa Plantations at Pine Lake1 BED 1 BATH1BR,1BA$970
Live Oaks at KillearnA150 - 1 Bedroom, 1 Bathroom1BR,1BA$987
Fulton Hill Apartments1BR/1BA1BR,1BA$1,020
Reserve at MidtownExecutive 11BR,1BA$1,059
Acasa Bainbridge3 Bed 3 Bath3BR,3BA$1,075
Live Oaks @ 2751x1MR1BR,1BA$1,080
Topaz GroveVenus2BR,1BA$1,095
Georgetown Apartments3/2 Apartment3BR,2BA$1,150

Best Value Apartments for Rent in Waverly Hills, FL

As of April 25, 2026 the best value apartment in the Waverly Hills area is the $1.34 price per square foot Wimbledon Model at LondonTown @ Midtown in the in the Central District neighborhood starting from $1,605. The second greatest value Waverly Hills apartment is the 2/1.5 Townhouse Model at Georgetown Apartments starting at $1,200 with a $1.09 price per square foot in the Southwest Tallahassee neighborhood. Here is today’s list of the best values for Waverly Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LondonTown @ MidtownWimbledon2BR,2BA$1.34
Georgetown Apartments2/1.5 Townhouse2BR,1.5BA$1.09
Savannah Sound3x23BR,2BA$1.23
Tanager ApartmentsSummer Tanager2BR,2BA$1.32
Acasa Bainbridge4 Bed 2 Bath4BR,2BA$1.10
Topaz GroveVenus2BR,1BA$1.18
Miccosukee ArmsMC Full Remodel with W/D2BR,1BA$1.48
Fulton Hill Apartments1BR/1BA1BR,1BA$1.34
Reserve at MidtownExecutive 11BR,1BA$1.47
Acasa Plantations at Pine Lake1 BED 1 BATH1BR,1BA$1.37

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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Pet Friendly Lifestyle
Waverly Hills, Tallahassee, FL

Ranked #50

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Florida and customized analysis for Central Tallahassee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Waverly Hills Apartments

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

The lowest price for a Cheap One Bedroom Waverly Hills Apartment is $795 at Swan Luxury Studio Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waverly Hills is starting from $1,089 at Reserve at Midtown.

What is the most affordable Waverly Hills Three Bedroom Apartment?

The best deal on a cheap Waverly Hills Three Bedroom Apartment rental is at Acasa Bainbridge and starts from $1,075.

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

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The 10 Best Affordable Neighborhoods in Tallahassee

Written by: Allaire Williams

I’m Allaire, your ApartmentHomeLiving.com Local Expert for Tallahassee, Florida. I’ve been living here for the past 5 years and it seems to change by the month.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.