
Cheap Apartments for Rent in Waverly, KY from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.


Embassy Apartments

Devonshire Gardens I & II

Heathmoore - Evansville

Foxfire West Apartments
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.

Addison Place

The Forge on Main

North Park

Abbey Court Apartments

Liv at Locust Creek
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Market Street Apartments

Bryce De Moray

Woodbridge Place

Copper Creek Townhomes

Mission Viejo Villas

612 Taylor Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

218 E Michigan St

1119 SE Riverside Dr

1206 S 1208 Boeke Rd
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.

1204 N First Ave

205 Blackford Ave

1330 SE 2nd St

421 S New York Ave
Waverly, KY Local Guide

How much does it cost to rent an apartment in Waverly?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waverly Studio Apartments | $1,297 | $550 | $1,909 |
Waverly 1 Bedroom Apartments | $1,049 | $599 | $2,179 |
Waverly 2 Bedroom Apartments | $1,153 | $825 | $2,500 |
Waverly 3 Bedroom Apartments | $1,377 | $1,140 | $1,610 |
Waverly 4 Bedroom Apartments | $590 | $580 | $600 |
Browse Top Apartments in Waverly
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Waverly, KY Local Guide
- Nearby Cities
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Cheapest Available Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in Waverly, KY is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $599. Embassy Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Waverly apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Graystone Henderson | 1 Bedroom | 1BR,1BA | $599 |
Embassy Apartments | 0.1 | Studio,1BA | $645 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $700 |
Foxfire West Apartments | 1 Bedroom 1 Bath Fireplace | 1BR,1BA | $775 |
Addison Place | Windsor | 1BR,1BA | $799 |
Parkside Apartments | 2 Bedroom | 2BR,1BA | $825 |
Heathmoore - Evansville | 2 Bed 1 Bath | 2BR,1BA | $855 |
Market Street Apartments | INMKS 0x1 | Studio,1BA | $865 |
The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $869 |
Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $900 |
Best Value Apartments for Rent in Waverly, KY and Nearby
As of June 08, 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 Hilltop neighborhood starting from $600. The second greatest value Waverly apartment is the Two Bedroom A Model at The Forge on Main starting at $900 with a $0.77 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eagle Village | 4BR/2BA - Furnished | 4BR,2BA | $0.50 |
The Forge on Main | Two Bedroom A | 2BR,2BA | $0.77 |
Indian Woods | The Oak | 2BR,1BA | $1.05 |
North Park | Berkshire | 2BR,1.5BA | $1.05 |
Abbey Court Apartments | Nottingham | 2BR,1BA | $1.02 |
Heathmoore - Evansville | 2 Bed 1 Bath | 2BR,1BA | $0.99 |
Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.13 |
Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.20 |
Graystone Henderson | 1 Bedroom | 1BR,1BA | $1.20 |
Quick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Waverly, KY
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 $645.
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $599 at Graystone Henderson.
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 $825 at Parkside Apartments.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.