Cheap Apartments for Rent in Waverly, MD from $400 (376 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 - $1,500

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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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 May 23

1108 N Bond St

BaltimoreMD21213

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

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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 1 Bed unit found at Mary Harvin House in the Inner Harbor neighborhood priced from $683. Parkside Gardens Apartments and Townhouses in the Patterson Place neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $708. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Harvin House1 Bedroom/1 Bath A1BR,1BA$683
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$708
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$720
Penn Square I2 Bedroom/1 Bath B2BR,1BA$797
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$847
Oak Hill Townhomes0BR/1.0BAStudio,1BA$850
Mayflower0x1Studio,1BA$865

Best Value Apartments for Rent in Waverly, MD and Nearby

As of May 22, 2026 the best value apartment in the Waverly area is the $0.67 price per square foot 4 Bedroom / 2 Bathrooms (leased per bedroom) Model at HH Cresmont in the in the Burleith-Leighton neighborhood starting from $1,079. The second greatest value Waverly apartment is the 3 Bedroom Model at Barclay Greenmount starting at $1,292 with a $0.99 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$0.67
Barclay Greenmount3 Bedroom3BR,1BA$0.99
1017 Hollins St1017 Hollins St1BR,1BA$1.04
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
1716 McCulloh St, Unit 21716 McCulloh StStudio ,1BA$0.88
Symphony Homes at Purdue1BR/1.0BA1BR,1BA$1.15
Queen Esther Apartments2 bedroom townhome2BR,1BA$1.05
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$0.92
Penn Square I1 Bedroom/1 Bath A1BR,1BA$1.09
Mary Harvin House1 Bedroom/1 Bath A1BR,1BA$0.98

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!

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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 $683 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 $797 at Penn Square I.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Renaissance at Reservoir Hill and starts from $1,094.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.