Cheap Apartments for Rent in Waverly, MD from $400 (392 Rentals)

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

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.

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property at 710 N Fulton Ave

$750 - $1,300

1 To 2 Bedroom Rentals

Available Now

710 N Fulton Ave

BaltimoreMD21217

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.

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property at 803 Cator Ave

$600 - $850

1 Bedroom Rentals

Available Now

803 Cator Ave

BaltimoreMD21218

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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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 1108 N Bond St

$950 - $1,150

1 To 2 Bedroom Rentals

Available Now

1108 N Bond St

BaltimoreMD21213

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.

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Showing Results 1-50, Page 1 of 8

Waverly, MD Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, MD is a Studio unit found at Parkside Gardens Apartments and Townhouses in the Patterson Place neighborhood priced from $708. Columbus School Limited Partnership in the Inner Harbor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$708
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$720
Mulberry at ParkThree Bedroom3BR,2BA$739
Willow Apartment Homes1BR/1.0BA1BR,1BA$750
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$780
Penn Square I1 Bedroom/1 Bath A1BR,1BA$797
1224 St Paul St0 Beds, 1 BathsStudio,1BA$825
221-223 E Preston St0 Beds, 1 BathsStudio,1BA$850
Oak Hill Townhomes0BR/1.0BAStudio,1BA$850

Best Value Apartments for Rent in Waverly, MD and Nearby

As of July 07, 2026 the best value apartment in the Waverly area is the $0.69 price per square foot 4 Bedroom / 2 Bathrooms (leased per bedroom) Model at HH Cresmont in the in the Burleith-Leighton neighborhood starting from $1,099. The second greatest value Waverly apartment is the Unit 401 Model at The Brown's Loft starting at $1,590 with a $1.04 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.
HH Cresmont4 Bedroom / 2 Bathrooms (leased per bedroom)4BR,2BA$0.69
The Brown's LoftUnit 4012BR,1.5BA$1.04
1017 Hollins St1017 Hollins St1BR,1BA$1.04
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
2920 E Cold Spring Ln, Unit Room for rent2920 E Cold Spring Ln4BR,1BA$0.63
Symphony Homes at Purdue1BR/1.0BA1BR,1BA$1.04
Queen Esther Apartments2 bedroom townhome2BR,1BA$1.05
Printers Square Apartments1 Bedroom1BR,1BA$1.13
Willow Apartment Homes1BR/1.0BA1BR,1BA$1.01
Penn Square I1 Bedroom/1 Bath A1BR,1BA$1.09

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.

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Beyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods

Baltimore Student Housing - Find your perfect rental! Explore top neighborhoods near Baltimore colleges & universities for vibrant student living.

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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.

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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.

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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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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 $708.

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

The lowest price for a Cheap One Bedroom Waverly Apartment is $720 at Columbus School Limited Partnership.

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 $950 at Queen Esther Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Mulberry at Park and starts from $739.

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 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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.