Cheap Apartments for Rent in Waverly, MD from $400 (391 Rentals)

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

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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property at 817 St Paul St

817 St Paul St

BaltimoreMD21202

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Waverly, MD Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, MD is a 1 Bed unit found at Mary Harvin House in the Inner Harbor neighborhood priced from $575. Penn Square in the Inner Harbor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Harvin House1 bdr1BR,1BA$575
Penn Square1 bdr1BR,1BA$600
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$656
Columbus School1 bdr1BR,1BA$662
St Paul St 8170BR/1.0BAStudio,1BA$745
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$786
Clare Court II2 Bedroom, 1.5 Bathroom2BR,1BA$843
Cathedral St 300Studio ApartmentStudio,1BA$849
Avon1 Beds, 1 Baths1BR,1BA$850

Best Value Apartments for Rent in Waverly, MD and Nearby

As of June 22, 2025 the best value apartment in the Waverly area is the $1.18 price per square foot 2 Bedroom 2.5 Bath Model at The Railway Express Loft Apartments in the in the Inner Harbor neighborhood starting from $2,250. The second greatest value Waverly apartment is the Camden Model at 500 W - Located on the UMB Campus! starting at $1,220 with a $0.84 price per square foot in the Inner Harbor 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.
The Railway Express Loft Apartments2 Bedroom 2.5 Bath2BR,2.5BA$1.18
500 W - Located on the UMB Campus!Camden4BR,2BA$0.84
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
832 N Carey St, Unit 2832 N Carey St1BR,1BA$0.88
Penn Square2 bdr2BR,1BA$0.80
Clare Court II2 Bedroom, 1 Bathroom2BR,1BA$1.02
816 E Baltimore St, Unit 2816 E Baltimore StStudio ,1BA$1.13
Columbus School1 bdr1BR,1BA$0.84
Mary Harvin House1 bdr1BR,1BA$0.83

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Waverly, MD

Ranked #20

Among cities in Maryland for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Waverly, MD Rentals by Map

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See the most popular apartments and homes in Waverly, MD

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Getting Around Waverly, MD

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

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 Parkside Gardens Apartments and Townhouses listed at $656.

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

The lowest price for a Cheap One Bedroom Waverly Apartment is $575 at Mary Harvin House.

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 $768 at Penn Square.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Penn Square and starts from $915.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.