Cheap Apartments for Rent in Waveland, IN from $300 (26 Rentals)

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

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Waveland, IN Local Guide

Cheapest Available Waveland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waveland, IN is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. River Valley Apartments in the Downtown Terre Haute neighborhood 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 Waveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$460
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
NorthwindThe Hickory1BR,1BA$685
The Grove1 Bed 1 Bath1BR,1BA$726
Riverside Apartments2 Bedroom2BR,1BA$750
Sycamore Place Apartments1 Bedroom Classic Fall 20251BR,1BA$779
Center City ApartmentsCity Center 21BR,1BA$800
The Village Quarter1 Bed 1Bath1BR,1BA$900

Best Value Apartments for Rent in Waveland, IN and Nearby

As of September 14, 2025 the best value apartment in the Waveland area is the $0.80 price per square foot 4BR/4.0BA Model at Ashton Apartments in the starting from $1,200. The second greatest value Waveland apartment is the Two Bedroom Apartment Model at Heritage Trail starting at $1,240 with a $1.19 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Waveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton Apartments4BR/4.0BA4BR,4BA$0.80
Heritage TrailTwo Bedroom Apartment2BR,2BA$1.19
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.22
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$0.50
Center City ApartmentsCity Center 52BR,1BA$1.22
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
The Grove1 Bed 1 Bath1BR,1BA$0.97
The Landings1 Bedroom1BR,1BA$1.22
Riverside Apartments2 Bedroom2BR,1BA$1.07
Union Pointe1 Bedroom1BR,2BA$0.92

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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

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Getting Around Waveland, IN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Waveland Apartments

What is the Cheapest Studio apartment in Waveland?

Currently the most affordable Cheap Studio Apartment in Waveland is at Brookhaven listed at $525.

How much is rent for a Cheap One Bedroom Waveland Apartment?

The lowest price for a Cheap One Bedroom Waveland Apartment is $550 at Union Pointe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waveland is starting from $417 at Historic Walnut Square.

What is the most affordable Waveland Three Bedroom Apartment?

The best deal on a cheap Waveland Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.