
Cheap Homes for Rent in Waverly Hills Neighborhood of Tallahassee, FL from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Waverly Hills area of Tallahassee.


1219 N Duval St

2463 Raymond Diehl Rd

2010 Bradford Ct

2007 Bradford Ct

1510 Milton St
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.

1217 N Martin Luther King Jr Blvd.

2072 Pat's Pl

238 Lake Ella Dr

2025 Pat's Pl

1000 N Duval St

1018 Central St
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.

2072 Watson Way

411 E 7th Ave

1104 Volusia St

2084 Pat's Pl

1408 N Bronough St

650 W Tharpe St
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.
Waverly Hills, Tallahassee, FL Local Guide

How much does it cost to rent a home in Waverly Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Hills 2 Bedroom Homes for Rent | $1,332 | $850 | $1,700 |
| Waverly Hills 3 Bedroom Homes for Rent | $2,321 | $1,300 | $4,000 |
| Waverly Hills 4 Bedroom Homes for Rent | $2,915 | $2,295 | $3,650 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Waverly Hills Neighborhood of Tallahassee, FL.
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Waverly Hills, Tallahassee, FL Local Guide
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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 Capital Ridge priced from $865. Swan Luxury Studio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Waverly Hills apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capital Ridge | One Bed One Bath Standard | 1BR,1BA | $865 |
| Swan Luxury Studio Apartments | Murphy Studio | 1BR,1BA | $895 |
| Acasa Plantations at Pine Lake | 1 BED 1 BATH | 1BR,1BA | $970 |
| Fulton Hill Apartments | 1BR/1BA | 1BR,1BA | $1,020 |
| Live Oaks at Killearn | A380 - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,044 |
Best Value Apartments for Rent in Waverly Hills, FL
As of April 13, 2026 the best value apartment in the Waverly Hills area is the $1.28 price per square foot Chelsea Model at LondonTown @ Midtown in the in the Central District neighborhood starting from $1,815. The second greatest value Waverly Hills apartment is the Three Bedroom Two Bath Model at The Crossing at 2600 starting at $1,475 with a $1.18 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| LondonTown @ Midtown | Chelsea | 3BR,2.5BA | $1.28 |
| The Crossing at 2600 | Three Bedroom Two Bath | 3BR,2BA | $1.18 |
| Tanager Apartments | Summer Tanager | 2BR,2BA | $1.32 |
| Georgetown Apartments | 2/1.5 Townhouse | 2BR,1.5BA | $1.09 |
| Savannah Sound | 3x2 | 3BR,2BA | $1.23 |
| Acasa Bainbridge | 4 Bed 2 Bath | 4BR,2BA | $1.12 |
| Rolling Hills Apartments | 2 bed / 2 bath flat 1,067 sqft at Rolling Hills | 2BR,2BA | $1.05 |
| Topaz Grove | Venus | 2BR,1BA | $1.18 |
| Fulton Hill Apartments | 1BR/1BA | 1BR,1BA | $1.34 |
| 916 Preston St, Unit 103 | 916 Preston St | 2BR,1BA | $1.29 |
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.
Read ArticleDon'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
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.
Pet Friendly LifestyleWaverly Hills, Tallahassee, FL
Ranked #53
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Waverly Hills
What type of rentals are currently available in Waverly Hills?
There are currently 255 Apartments for Rent in Waverly Hills, FL with pricing that ranges from $800 to $2,949. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly Hills ranging from $795 to $4,000.
What is the current price range for Rental Homes in Waverly Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waverly Hills ranges from $795 to $4,000 with an average monthly rent of $1,959.
How much are larger Three and Four Bedroom Rentals in Waverly Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waverly Hills range from $1,125 to $2,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,225.
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

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.

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.

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.