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$331 - $6221 to 2 Bedroom Apartments Available Now
Jacksonville Affordable Housing
200 Labor DrJacksonville, IL 62650
Cheap Apartments for Rent in Waverly, IL from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.
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Rent Specials
$600 - $9501 to 2 Bedroom Apartments Available Now
Whispering Pines Apartments
2473 Ladley CtSpringfield, IL 62703
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$650 - $850Studio to 2 Bedroom Apartments Contact Us For Availability
Hunter Glen Apartments
2628 Stratford DrSpringfield, IL 62704
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$675 - $1,300Studio to 2 Bedroom Apartments Available Now
Safe Harbor Properties
437 W Edwards StSpringfield, IL 62704
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$690 - $8651 to 2 Bedroom Apartments Available Now
Morton Street Apartments
1116 E Morton AveJacksonville, IL 62650
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$750 - $8851 to 2 Bedroom Apartments Contact Us For Availability
Cobblestone Apartments
3150 Cobblestone LnSpringfield, IL 62711
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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$799 - $1,5101 to 2 Bedroom Apartments Available Now
Lincoln Tower Apartments
520 S 2nd StSpringfield, IL 62701
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$8002 Bedroom Apartments Available Now
New Eastlawn Apartments
800 Illinois AveJacksonville, IL 62650
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1 to 2 Bedroom Apartments
Lotts Landing Senior Apartments
800 Randall RdCarlinville, IL 62626
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Studio to 1 Bedroom Apartments
The Hickox Collection
631 S 4th StSpringfield, IL 62703
200 Carroll St
PawneeIL62558
205 W Allen St
SpringfieldIL62704
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.
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Waverly, IL Local Guide
Illinois Wind Farm by Tom Shockey is licensed under CC BY 2.0
How much does it cost to rent an apartment in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Studio Apartments | $1,091 | $650 | $1,900 |
| Waverly 1 Bedroom Apartments | $941 | $331 | $3,000 |
| Waverly 2 Bedroom Apartments | $1,200 | $389 | $3,400 |
| Waverly 3 Bedroom Apartments | $1,655 | $1,112 | $3,000 |
Browse Top Apartments in Waverly
See all Apartments in WaverlyExplore Waverly
Waverly, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Waverly Apartments for Rent and Nearby
The cheapest available apartment rental in Waverly, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. Lotts Landing Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
Best Value Apartments for Rent in Waverly, IL and Nearby
As of January 12, 2026 the best value apartment in the Waverly area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Waverly apartment is the 3 Bedroom 2 Bath Model at Orchard Park starting at $1,440 with a $1.15 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. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| Orchard Park | 3 Bedroom 2 Bath | 3BR,3BA | $1.15 |
| Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
| 3TEN | B1 | 2BR,1BA | $0.99 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
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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The 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waverly, IL Rentals by Map
See the most popular apartments and homes in Waverly, IL
Frequently Asked Questions about Cheap Waverly Apartments
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $462 at Jacksonville Affordable Housing.
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 $515 at Jacksonville Affordable Housing.
What is the most affordable Waverly Three Bedroom Apartment?
The best deal on a cheap Waverly Three Bedroom Apartment rental is at Candles and starts from $1,097.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!