Cheap Apartments for Rent in Waverly, AL from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.

Woodbend Apartments

The Reserve at Opelika

Courtyard Apartments

Shepherds Cove Apartments
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.

Oakley Cove Apartments

Summer Brooke Apartments

Atlas at Richland Road

Tree Tops Apartments

The Domain On Donahue
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.

Summer Wind Apartments

The Avery at Auburn

Village West Apartments II

Village at Lakeside

449 N Donahue Dr
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, AL Local Guide

How much does it cost to rent an apartment in Waverly?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waverly Studio Apartments | $1,815 | $1,665 | $1,925 |
Waverly 1 Bedroom Apartments | $1,446 | $815 | $2,150 |
Waverly 2 Bedroom Apartments | $1,382 | $745 | $2,666 |
Waverly 3 Bedroom Apartments | $1,683 | $625 | $3,600 |
Waverly 4 Bedroom Apartments | $1,246 | $515 | $4,760 |
Browse Top Apartments in Waverly
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Waverly, AL Local Guide
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Cheapest Available Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in Waverly, AL is a 4 Beds unit found at The Beacon in the North Auburn neighborhood priced from $590. Timber Trail in the North Auburn neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here is today’s list of the most affordable Waverly apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Beacon | 4x4 | 4BR,4BA | $590 |
Timber Trail | Two Bedrooms | 2BR,1BA | $745 |
Logan Square | C3 Townhome | 3BR,3BA | $790 |
Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $815 |
The Reserve at Opelika | 1 Bed 1 Bath | 1BR,1BA | $865 |
Best Value Apartments for Rent in Waverly, AL and Nearby
As of October 13, 2025 the best value apartment in the Waverly area is the $0.56 price per square foot The Balcony - 5 Bed/5.5 Bath - Individual Lease Model at The Balcony Auburn in the in the Downtown Auburn neighborhood starting from $1,375. The second greatest value Waverly apartment is the The ONE~22 Model at THE ONE-AUBURN starting at $2,000 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Balcony Auburn | The Balcony - 5 Bed/5.5 Bath - Individual Lease | 5BR,5.5BA | $0.56 |
THE ONE-AUBURN | The ONE~22 | 3BR,3.5BA | $1.17 |
The Domain On Donahue | Two Bedroom Two and 1/2 Bath Premium | 2BR,2.5BA | $1.00 |
The Beacon | 4x4 | 4BR,4BA | $0.42 |
Creekside of Auburn | 3 Bedroom Flat | 3BR,3BA | $0.70 |
Timber Trail | Two Bedrooms | 2BR,1BA | $0.65 |
Riverwalk Auburn | 2 BED/ 2 BATH WITH BONUS ROOM | 2BR,2BA | $1.01 |
Tree Tops Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.25 |
The Reserve at Opelika | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $815 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 Logan Square 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.