Cheap Apartments for Rent in Waverly, AL from $500 (26 Rentals)

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

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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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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Chelsea
2 to 3 Bedroom Apartments

Chelsea

459 Chelsea LnSayre, PA 18840

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Union Auburn
2 to 6 Bedroom Apartments

The Union Auburn

900 W Glenn AveAuburn, AL 36832
Student Housing
  • Utilities Included
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Woodland Hills
1 to 2 Bedroom Apartments

Woodland Hills

830 N Donahue DrAuburn, AL 36832
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320 West Mag
1 to 5 Bedroom Apartments

320 West Mag

320 W Magnolia AveAuburn, AL 36832
Student Housing
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Waverly, AL Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, AL is a 2 Beds unit found at Timber Trail in the North Auburn neighborhood priced from $745. Woodbend Apartments in the North Auburn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timber TrailTwo Bedrooms2BR,1BA$745
Woodbend Apartments1 Bed 1 Bath1BR,1BA$785
The Reserve at Opelika1 Bed 1 Bath Large1BR,1BA$850
Courtyard Apartments1 Bed 1 Bath1BR,1BA$880
Shepherds Cove Apartments2 Bed x 1 Bath2BR,1BA$895
Oakley Cove Apartments2 Beds, 1 bath2BR,1BA$995
Grayton on Dean1A1BR,1BA$1,020
Summer Brooke Apartmentsone bedroom1BR,1BA$1,050
Tree Tops Apartments2 Beds, 2 baths2BR,2BA$1,085
Summer Wind Apartments1x11BR,1BA$1,175

Best Value Apartments for Rent in Waverly, AL and Nearby

As of June 18, 2025 the best value apartment in the Waverly area is the $1.29 price per square foot CSR Model at Greystone Pointe Auburn in the in the North Auburn neighborhood starting from $2,250. The second greatest value Waverly apartment is the 3x3 Cottage - B Model at Midtown Auburn starting at $1,150 with a $0.74 price per square foot in the North Auburn neighborhood. Here is today’s list of the best values for Waverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Greystone Pointe AuburnCSR3BR,2BA$1.29
Midtown Auburn3x3 Cottage - B3BR,3BA$0.74
Creekside of Auburn3 Bedroom Flat3BR,3BA$0.70
Timber TrailTwo Bedrooms2BR,1BA$0.65
The Avery at AuburnDonahue2BR,2BA$1.36
Tree Tops Apartments2 Beds, 2 baths2BR,2BA$1.25
Oakley Cove Apartments2 Beds, 1 bath2BR,1BA$1.16
Shepherds Cove Apartments2 Bed x 1 Bath2BR,1BA$1.12
The Reserve at Opelika1 Bed 1 Bath1BR,1BA$1.20
Woodbend Apartments1 Bed 1 Bath1BR,1BA$1.20

Quick Rent Budget Calculator

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

Explore Waverly, AL Rentals by Map

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See the most popular apartments and homes in Waverly, AL

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Getting Around Waverly, AL

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 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 Waverly Apartments

What is the Cheapest Studio apartment in Waverly?

Currently the most affordable Cheap Studio Apartment in Waverly is at Accolade Auburn listed at $1,775.

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

The lowest price for a Cheap One Bedroom Waverly Apartment is $785 at Woodbend Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waverly is starting from $745 at Timber Trail.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Timber Trail and starts from $790.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.