Cheap Apartments for Rent near Waverly, AL from $500 (28 Rentals)

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Tree Tops
$145 - $1,235
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$145 - $1,235

Total Monthly Price
$145 - $1,235
2 to 3 Bedroom Apartments Contact Us For Availability

Tree Tops

2908 Birmingham HwyOpelika, AL 36801
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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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Shepherds Cove Apartments
$1,045 - $1,135
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Total Monthly Price

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$1,045 - $1,135

Total Monthly Price
$1,045 - $1,135
2 to 3 Bedroom Apartments Contact Us For Availability

Shepherds Cove Apartments

1330 Shug Jordan PkyAuburn, AL 36832
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Auburn Flats
$1,104 - $1,474
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Total Monthly Price

Base Rent
$1,104 - $1,474

Total Monthly Price
$1,104 - $1,474
1 to 3 Bedroom Apartments Available Now

Auburn Flats

2260 E University DrAuburn, AL 36830
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Grayton on Dean
$1,137 - $1,667
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Total Monthly Price

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$1,137 - $1,667

Total Monthly Price
$1,137 - $1,667
1 to 3 Bedroom Apartments Available Now

Grayton on Dean

420 N Dean RdAuburn, AL 36830
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Club 34
$1,175 - $1,550
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Total Monthly Price

Base Rent
$1,175 - $1,550

Total Monthly Price
$1,175 - $1,550
1 to 3 Bedroom Apartments Available Now

Club 34

1000 N Donahue DrAuburn, AL 36832
Student Housing
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  • Utilities Included

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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The Domain On Donahue
$1,200 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,500

Total Monthly Price
$1,200 - $1,500
2 Bedroom Apartments Available Aug 14

The Domain On Donahue

1001 N Donahue DrAuburn, AL 36832
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Village at Lakeside
$1,291 - $1,755
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$1,291 - $1,755

Total Monthly Price
$1,291 - $1,755
2 to 3 Bedroom Apartments Available Now

Village at Lakeside

1309 Gatewood DrAuburn, AL 36830
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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.

property at 2038 Lee Rd 137

$505

4 Bedroom, 3.5 Bath Home for Rent

Available Now

2038 Lee Rd 137

AuburnAL36832
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Chelsea
2 to 3 Bedroom Apartments

Chelsea

459 Chelsea LnSayre, PA 18840
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Woodland Hills
1 to 2 Bedroom Apartments

Woodland Hills

830 N Donahue DrAuburn, AL 36832
  • Utilities Included
property at 449 N Donahue Dr

$1,300 - $1,650

2 To 3 Bedroom Rentals

Available Now

449 N Donahue Dr

AuburnAL36832

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

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 $240. The Quarters Auburn in the North Auburn neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $590. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timber Trail2BRMR2BR,1BA$240
The Quarters Auburn4x44BR,4BA$590
Yugo Auburn North4 Bed, 3.5 Bath4BR,3BA$619
Atlas at Richland Road3BR/2.5BA - Duplex - Furnished3BR,2BA$709
Woodbend Apartments1 Bed 1 Bath1BR,1BA$815
The Reserve at Opelika1 Bed 1 Bath1BR,1BA$865
Courtyard Apartments1 Bed 1 Bath1BR,1BA$920
Oakley Cove Apartments2 Beds, 1 bath2BR,1BA$1,025
Summer Brooke Apartmentsone bedroom1BR,1BA$1,100
Auburn FlatsOne Bedroom1BR,1BA$1,104

Best Value Apartments for Rent in Waverly, AL and Nearby

As of July 12, 2026 the best value apartment in the Waverly area is the $0.57 price per square foot 4x3.5 Cottage Model at Midtown Auburn in the in the North Auburn neighborhood starting from $1,035. The second greatest value Waverly apartment is the Greenwich Model at The Standard at Auburn starting at $1,638 with a $0.93 price per square foot in the Downtown 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.
Midtown Auburn4x3.5 Cottage4BR,3.5BA$0.57
The Standard at AuburnGreenwich5BR,5BA$0.93
Creekside of Auburn4 Bedroom Townhome4BR,4BA$0.51
The Quarters Auburn4x44BR,4BA$0.42
Logan SquareC23BR,3BA$0.65
Yugo Auburn North2 Bed, 2.5 Bath Classic2BR,2.5BA$0.64
319 Bragg3 Bedroom 3 Bathroom C13BR,3BA$1.11
1322 North ApartmentsRenovated Three Bedroom3BR,2BA$1.34
Timber Trail2BR2BR,1BA$0.84
Woodbend Apartments1 Bed 1 Bath1BR,1BA$1.24

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Location, Location, Location!

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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 The Residences at Arbor Lake listed at $1,300.

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 $240 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 Atlas at Richland Road and starts from $709.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.