421 1st St SE
WaverlyIA50677
Cheap Homes for Rent in Waverly, IA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Waverly.
113 Maplewood St
WaterlooIA50703
205 Maplewood St
WaterlooIA50703
804 W 18th St
Cedar FallsIA50613
1252 Columbia St
WaterlooIA50703
534 Hope Ave
WaterlooIA50703
1132 Virginia St
WaterlooIA50703
220 9th St SW
WaverlyIA50677
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Waverly, IA Local Guide
Waverly, Iowa by Billwhittaker is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly 2 Bedroom Homes for Rent | $1,160 | $749 | $1,995 |
| Waverly 3 Bedroom Homes for Rent | $1,187 | $875 | $1,500 |
| Waverly 4 Bedroom Homes for Rent | $1,704 | $1,200 | $2,000 |
| Waverly 5 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
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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 $295. 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 Bedroom in a 4BR Unit-Furnished Common ... | 4BR,1BA | $295 |
| Russell Lamson | Studio | Studio,1BA | $675 |
| Le Chateau | 1BR/1.0BA | 1BR,1BA | $725 |
Best Value Apartments for Rent in Waverly, IA and Nearby
As of August 26, 2025 the best value apartment in the Waverly area is the $1.23 price per square foot 1st Month Free Model at Riverwalk Residences in the in the Downtown Waterloo neighborhood starting from $1,300. The second greatest value Waverly apartment is the 2 Bedroom/1 Bath Model at Pineview Place Apartments starting at $1,025 with a $1.03 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. |
|---|---|---|---|
| Riverwalk Residences | 1st Month Free | 2BR,2BA | $1.23 |
| Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Residences on College Hill | Luxury 4-Bedroom 1-Bath Apartment! | 4BR,1BA | $1.11 |
| 1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.09 |
| 1637 Carriage Hill | 2BR/1.0BA | 2BR,1BA | $1.09 |
| Leavitt Park Apartments - Waterloo, IA | Standard Unit | 2BR,1BA | $1.31 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $1.30 |
| University Manor | 1 BR/ 1 BA (Sept '25 ) | 1BR,1BA | $1.26 |
| Le Chateau | 1BR/1.0BA | 1BR,1BA | $1.20 |
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Best Local Schools in Waverly, IA
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Frequently Asked Questions about Waverly
What type of rentals are currently available in Waverly?
There are currently 47 Apartments for Rent in Waverly, IA with pricing that ranges from $295 to $2,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $675 to $2,000.
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 $675 to $2,000 with an average monthly rent of $1,362.
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 $975 to $1,690, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $295.
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 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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.