Cheap Apartments for Rent in Waverly, KY from $500 (38 Rentals)

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

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711

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.

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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included

Cash 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.

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Showing Results 1-38, Page 1 of 1

Waverly, KY Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, KY is a Studio unit found at Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $685. Heathmoore - Evansville in the Lant Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments0.1Studio,1BA$685
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$700
Addison PlaceWindsor1BR,1BA$750
Foxfire West Apartments1 Bedroom 1 Bath Fireplace1BR,1BA$775
Lakewood Flats1 Bedroom Deluxe1BR,1BA$785
The Forge on MainStudio AStudio,1BA$800
Abbey Court ApartmentsCambridge1BR,1BA$829
Market Street ApartmentsINMKS 0x1Studio,1BA$865
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$900

Best Value Apartments for Rent in Waverly, KY and Nearby

As of September 11, 2025 the best value apartment in the Waverly area is the $0.50 price per square foot 4BR/2BA - Furnished Model at Eagle Village in the in the Evansville West Side neighborhood starting from $600. The second greatest value Waverly apartment is the 2 Bedroom Unfurnished Model at The Rathbone Apartments starting at $1,050 with a $1.07 price per square foot in the Lincoln-Bellemeade 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.
Eagle Village4BR/2BA - Furnished4BR,2BA$0.50
The Rathbone Apartments2 Bedroom Unfurnished2BR,1BA$1.07
Indian WoodsThe Maple2BR,2BA$1.13
North ParkBerkshire2BR,1.5BA$1.12
Mission Viejo VillasB- Barcelona1BR,1BA$1.13
Lakewood Flats1 Bedroom Deluxe1BR,1BA$0.99
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.20
Abbey Court ApartmentsCambridge1BR,1BA$1.12
Addison PlaceWindsor1BR,1BA$1.14
Foxfire West Apartments1 Bedroom 1 Bath Fireplace1BR,1BA$1.20

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

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Getting Around Waverly, KY

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Waverly Apartments

What is the Cheapest Studio apartment in Waverly?

Currently the most affordable Cheap Studio Apartment in Waverly is at Embassy Apartments listed at $685.

How much is rent for a Cheap One Bedroom Waverly Apartment?

The lowest price for a Cheap One Bedroom Waverly Apartment is $700 at Heathmoore - Evansville.

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 $840 at Heathmoore - Evansville.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Mission Viejo Villas and starts from $1,310.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.

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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.