
Cheap Homes for Rent in Waverly, AL from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Waverly.


403 N Dean Rd

522 N Donahue Dr

570 Pride Ave

1150 Gentry Dr

910 Harvard Pl
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.

1126 Northlake Dr

Condos at Mill Crk

449 N Donahue Dr

1206 Northstar Ct

1161 Northlake Dr

1885 Bellwood Pl
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.

131 Halal Ct

846 Choctaw Ave

1171 Northwood Dr

Stephanie Ct. Townhome

836 W Glenn Ave

575 Heritage
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.

1477 N Donahue Dr
Waverly, AL Local Guide

How much does it cost to rent a home in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly 2 Bedroom Homes for Rent | $1,606 | $1,200 | $2,000 |
| Waverly 3 Bedroom Homes for Rent | $2,062 | $1,200 | $3,700 |
| Waverly 4 Bedroom Homes for Rent | $2,640 | $1,800 | $3,300 |
| Waverly 5 Bedroom Homes for Rent | $4,500 | $2,950 | $6,750 |
| Waverly 6 Bedroom Homes for Rent | $4,600 | $4,600 | $4,600 |
Browse Top Homes for Rent in Waverly
Explore Waverly
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. Yugo Auburn North in the North Auburn neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $619. 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 |
| Yugo Auburn North | 4 Bed, 3.5 Bath | 4BR,3BA | $619 |
| Timber Trail | Two Bedrooms | 2BR,1BA | $745 |
| 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 March 22, 2026 the best value apartment in the Waverly area is the $0.38 price per square foot 4 Bed, 4.5 Bath Renovated Upgrade Model at Yugo Auburn North in the in the North Auburn neighborhood starting from $769. The second greatest value Waverly apartment is the The ONE~22 Model at THE ONE-AUBURN starting at $2,400 with a $1.40 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. |
|---|---|---|---|
| Yugo Auburn North | 4 Bed, 4.5 Bath Renovated Upgrade | 4BR,4.5BA | $0.38 |
| THE ONE-AUBURN | The ONE~22 | 3BR,3.5BA | $1.40 |
| The Domain On Donahue | Middle Two Bedroom 1/2 Bath Platinum | 2BR,2.5BA | $1.03 |
| Creekside of Auburn | 3 Bedroom Duplex | 3BR,3BA | $0.66 |
| The Beacon | 4x4 | 4BR,4BA | $0.42 |
| Timber Trail | Two Bedrooms | 2BR,1BA | $0.65 |
| Village at Lakeside | 2/2/Lake/Platinum | 2BR,2BA | $1.27 |
| Tree Tops Apartments | 3 Beds, 2 baths | 3BR,2BA | $1.19 |
| The Reserve at Opelika | 1 Bed 1 Bath reno | 1BR,1BA | $1.40 |
| Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waverly, AL Rentals by Map
See the most popular apartments and homes in Waverly, AL
Frequently Asked Questions about Waverly
What type of rentals are currently available in Waverly?
There are currently 57 Apartments for Rent in Waverly, AL with pricing that ranges from $125 to $6,500. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $799 to $6,750.
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 $799 to $6,750 with an average monthly rent of $2,742.
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 $725 to $3,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,700. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $515.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.