Cheap Apartments for Rent near Waverly, KS from $410 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Waverly.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Waverly, KS Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, KS is a 1 Bed unit found at Courtyard Apartments priced from $425. Terra Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $551. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courtyard Apartments1 bedroom 1 bathroom1BR,1BA$425
Terra Park Apartments1 Bedroom 1 Bathroom - Terra Park1BR,1BA$551
Bluestem ApartmentsTwo Bedroom2BR,1BA$600
Meadowlark Apartments1 Bed 1 Bath Remodeled1BR,1BA$608
White Lakes PlazaOne Bedroom One Bathroom1BR,1BA$685
ParkviewParkview 2x22BR,2BA$695
Four Seasons0X1-ERStudio,1BA$708
811 State St2x2S2BR,2BA$715
Riverview Condominiums2BR1B No Garage2BR,1BA$750
The Landing LawrenceD1 - 4x44BR,4BA$785

Best Value Apartments for Rent in Waverly, KS and Nearby

As of August 27, 2026 the best value apartment in the Waverly area is the $0.78 price per square foot 2 Bedroom Apartment Model at Washburn Towers in the in the Franklin County neighborhood starting from $1,095. The second greatest value Waverly apartment is the 3x3.5 Cottage Model at The Collective at Lawrence starting at $915 with a $0.69 price per square foot in the Centennial neighborhood. Here is today’s list of the best values for Waverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Washburn Towers2 Bedroom Apartment2BR,1BA$0.78
The Collective at Lawrence3x3.5 Cottage3BR,3.5BA$0.69
The Landing LawrenceD2 - 4x44BR,4BA$0.66
Brookfield Apartments & Townhomes2BR2BR,1BA$0.91
Riverview Condominiums2BR1B No Garage2BR,1BA$0.84
811 State St2x2M2BR,2BA$0.86
ParkviewUniversity 2x12BR,1BA$0.84
Bluestem ApartmentsTwo Bedroom2BR,1BA$0.75
White Lakes PlazaOne Bedroom One Bathroom1BR,1BA$0.91
Meadowlark Apartments1 Bed 1 Bath Remodeled1BR,1BA$0.89

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
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waverly, KS Rentals by Map

View Map
Waverly, KS Apartments Map
View Map
Waverly, KS Rental Homes Map

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 $425 at Courtyard Apartments.

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 $525 at Courtyard Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Courtyard Apartments and starts from $575.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.