
Cheap Homes for Rent in Waverly, IA from $1,000 (20 Rentals)
Cheap Homes in Waverly.


804 W 18th St

1924 Campus St

1904 Campus St

117 W 16th St

1922 Campus St

1816 Walnut St

603 W 22nd St

116 7th Ave SE

515 Franklin St
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.

904 Clay St

724 W 1st St

722 W 10th St

223 W 12th St

421 Washington St

1938 Franklin St

1914 Iowa St

1401 5th Ave NW

1321 W 12th St

2409 Iowa St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Waverly, IA 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 | $1,650 | $1,300 | $3,433 |
Waverly 3 Bedroom Homes for Rent | $1,373 | $1,050 | $1,650 |
Waverly 4 Bedroom Homes for Rent | $1,896 | $1,350 | $2,700 |
Browse Top Homes for Rent in Waverly
Explore Waverly
Waverly, IA Local Guide
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Cheapest Available Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in Waverly, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $375. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Waverly apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences on College Hill | Private 1-Bedroom Apartment in a Spacious 4-Bed... | 4BR,1BA | $375 |
Russell Lamson | Studio | Studio,1BA | $675 |
1106-1110 Kent Circle | Kent Circle 1 Bed/1 Bath | 1BR,1BA | $750 |
Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $757 |
Rolling Meadows Apartments | - 1 Bedroom/1 Bath Apartment in Excellent Loca... | 1BR,1BA | $800 |
Best Value Apartments for Rent in Waverly, IA and Nearby
As of May 07, 2025 the best value apartment in the Waverly area is the $1.39 price per square foot Pinnacle Villages - Waverly Model at Pinnacle Villages - Waverly in the starting from $1,670. The second greatest value Waverly apartment is the 2BR/2.5BA Model at Woodline Condos starting at $1,700 with a $1.42 price per square foot . 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. |
---|---|---|---|
Pinnacle Villages - Waverly | Pinnacle Villages - Waverly | 3BR,2.5BA | $1.39 |
Woodline Condos | 2BR/2.5BA | 2BR,2.5BA | $1.42 |
Riverwalk Residences | 1st Month Free | 2BR,2BA | $1.23 |
Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
Union at North Crossing | 2 Bed 2 Bath | 2BR,2BA | $1.13 |
Leavitt Park Apartments - Waterloo, IA | 2 Bed 1 Bath | Leavitt Park Apartments | 2BR,1BA | $1.28 |
Thunder Ridge Apartments | Furnished 1 Bedroom/1 Bath Apartment | 1BR,1BA | $1.56 |
Brentwood Estates - Furnished & Unfurnished | Beautiful furnished 1 bedroom/1 bath apartment ... | 1BR,1BA | $1.49 |
Rolling Meadows Apartments | - 1 Bedroom/1 Bath Apartment in Excellent Loca... | 1BR,1BA | $1.40 |
1106-1110 Kent Circle | Kent Circle 1 Bed/1 Bath | 1BR,1BA | $1.56 |
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Frequently Asked Questions about Waverly
What type of rentals are currently available in Waverly?
There are currently 46 Apartments for Rent in Waverly, IA with pricing that ranges from $350 to $3,433. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $1,050 to $3,433.
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 $1,050 to $3,433 with an average monthly rent of $1,639.
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 $350 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $375.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.