2038 Lee Rd 137
AuburnAL36832
Cheap Homes for Rent near Waverly, AL from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Waverly.
Courtyard Condos
AuburnAL36832
918 Harvard Pl
AuburnAL36830
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2428 E University Dr
AuburnAL36830
601 N Gay St
AuburnAL36830
836 W Glenn Ave
AuburnAL36832
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1293 N Dean Rd
AuburnAL36830
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Waverly, AL Local Guide
Alabama peaches by Ralph Daily is licensed under CC BY 2.0
How much does it cost to rent a home in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly 2 Bedroom Homes for Rent | $1,876 | $1,500 | $2,100 |
| Waverly 3 Bedroom Homes for Rent | $2,314 | $1,700 | $2,800 |
| Waverly 4 Bedroom Homes for Rent | $2,001 | $505 | $2,900 |
| Waverly 5 Bedroom Homes for Rent | $4,500 | $2,500 | $6,500 |
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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 2 Beds unit found at Timber Trail in the North Auburn neighborhood priced from $240. Woodbend Apartments in the Lee County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timber Trail | 2BRMR | 2BR,1BA | $240 |
| Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $815 |
| Courtyard Apartments | 1 Bed 1 Bath | 1BR,1BA | $920 |
Best Value Apartments for Rent in Waverly, AL and Nearby
As of August 05, 2026 the best value apartment in the Waverly area is the $0.58 price per square foot Sanders Model at 423 Sanders St in the in the Downtown Auburn neighborhood starting from $1,300. The second greatest value Waverly apartment is the 4 Beds, 4.5 baths Model at 406 N Donahue Dr starting at $1,300 with a $0.62 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 423 Sanders St | Sanders | 5BR,5.5BA | $0.58 |
| 406 N Donahue Dr | 4 Beds, 4.5 baths | 4BR,4.5BA | $0.62 |
| Creekside of Auburn | 4 Bedroom Townhome | 4BR,4BA | $0.51 |
| Logan Square | C2 | 3BR,3BA | $0.67 |
| The Reserve at Opelika | 3 Bed 2 Bath | 3BR,2BA | $0.94 |
| 1322 North Apartments | Renovated Two Bedroom | 2BR,2BA | $1.47 |
| Timber Trail | 2BR | 2BR,1BA | $0.84 |
| Paces at the Estates Apartments | 1 Bed + 1 Bath | 850 Sq Ft | 1BR,1BA | $1.50 |
| Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Courtyard Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.42 |
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.
Read Article
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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Frequently Asked Questions about Waverly
What type of rentals are currently available in Waverly?
There are currently 58 Apartments for Rent in Waverly, AL with pricing that ranges from $240 to $6,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $505 to $6,500.
What is the current price range for Rental Homes in Waverly?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waverly ranges from $505 to $6,500 with an average monthly rent of $2,146.
How much are larger Three and Four Bedroom Rentals in Waverly?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waverly range from $709 to $3,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,800. Four Bedroom Single-Family rentals are also available starting from $505 and Four Bedroom Apartments start at $540.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.
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.