
Cheap Homes for Rent in Waverly, KY from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Waverly.


109 Read St

1115 W Virginia St

814 Taylor Ave

640 Jefferson Ave

2814 B St

1133 Bayard Park Dr
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.

521 E Water St

504 Adams Ave

2240 Margybeth Ave

726 Ridgeway Ave

216 Madison Ave

722 Jackson Ave

4624 New Harmony Rd
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.
Waverly, KY Local Guide

How much does it cost to rent a home in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly 2 Bedroom Homes for Rent | $1,010 | $725 | $1,450 |
| Waverly 3 Bedroom Homes for Rent | $1,122 | $800 | $1,400 |
| Waverly 4 Bedroom Homes for Rent | $1,226 | $900 | $1,675 |
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Waverly, KY Local Guide
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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 Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $555. Graystone Henderson in the Henderson North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | 1.1 | 1BR,1BA | $555 |
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $640 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
Best Value Apartments for Rent in Waverly, KY and Nearby
As of January 28, 2026 the best value apartment in the Waverly area is the $0.47 price per square foot 4BR/2BA - Furnished Model at Eagle Village - Historical Access in the in the Evansville West Side neighborhood starting from $565. The second greatest value Waverly apartment is the 2 Bed 2 Bath A Model at Devonshire Gardens I & II starting at $1,155 with a $1.01 price per square foot in the Lant Manor 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 - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Devonshire Gardens I & II | 2 Bed 2 Bath A | 2BR,2BA | $1.01 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.17 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| Abbey Court Apartments | London | 2BR,1BA | $1.13 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $0.91 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $1.19 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $1.22 |
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 ArticleThe 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Waverly
What type of rentals are currently available in Waverly?
There are currently 50 Apartments for Rent in Waverly, KY with pricing that ranges from $555 to $3,245. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $625 to $1,675.
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 $625 to $1,675 with an average monthly rent of $1,105.
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 $1,100 to $1,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,400. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $580.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.