Cheap Apartments for Rent in Waverly, MD from $400 (363 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.

837 N Fulton Ave

2115 N Charles St

Maplewood Apartments

Parkside Gardens Apartments and Townhouses

The Tobee - Cathedral St 311 (19 W. Mulberry)

2501 Linden Ave

Oak Hill Townhomes

Goodnow Hill and Franconia Apartments

Mt. Vernon Properties
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.

2726 Beryl Ave

3320 Auchentoroly Terrace

Renaissance at Reservoir Hill

Saint Paul Courts

Wyman Hills

Hampton Court Apartments

Cathedral St 300
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.

Westview on the Avenue

Saint Paul Regency

2939 St Paul St

Hillen & Belvedere

Vivo Living Baltimore

Columbus School

930 N Calvert St
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.

2202 Maryland Ave

1015 N Calvert St

Winston Estates

2803 Edison Hwy

1210 N Calvert St

St James Place

Live 501

EastView on the Avenue

Linden Park Apartments (Seniors 62+)
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.

1012 W Lafayette Ave, Unit 2F

Enclave at Mount Pleasant

229 N Howard St

817 N Carey St

2572 McCulloh St

Earl Court

2608 Maryland Ave

831 E Chase St

776 Washington Blvd
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.
Waverly, MD Local Guide

How much does it cost to rent an apartment in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Studio Apartments | $1,425 | $600 | $4,000 |
| Waverly 1 Bedroom Apartments | $1,643 | $600 | $6,750 |
| Waverly 2 Bedroom Apartments | $1,933 | $899 | $5,005 |
| Waverly 3 Bedroom Apartments | $2,126 | $975 | $4,715 |
| Waverly 4 Bedroom Apartments | $2,035 | $595 | $7,500 |
Browse Top Apartments in Waverly
See all Apartments in WaverlyExplore Waverly
Waverly, MD Local Guide
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Cheapest Available Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in Waverly, MD is a 1 Bed unit found at Penn Square in the Inner Harbor neighborhood priced from $600. Parkside Gardens Apartments and Townhouses in the Patterson Place neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $689. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penn Square | 1 bdr | 1BR,1BA | $600 |
| Parkside Gardens Apartments and Townhouses | Studio apartment | Studio,1BA | $689 |
| Oak Hill Townhomes | Studio Apartment | Studio,1BA | $750 |
| Goodnow Hill and Franconia Apartments | 1 bedroom Junior apartment | 1BR,1BA | $765 |
| Renaissance at Reservoir Hill | One Bedroom | 1BR,1BA | $880 |
| Wyman Hills | 0BR/1.0BA | Studio,1BA | $899 |
| Hampton Court Apartments | One Bedroom | 1BR,1BA | $900 |
| 22 Light | One Bedroom | 1BR,1BA | $915 |
| Saint Paul Regency | Studio apartment | Studio,1BA | $925 |
Best Value Apartments for Rent in Waverly, MD and Nearby
As of January 01, 2026 the best value apartment in the Waverly area is the $1.13 price per square foot 409 S Spring St Model at 409 S Spring St, Unit #3 in the in the Fells Point neighborhood starting from $2,200. The second greatest value Waverly apartment is the 2920 Auchentoroly Ter Model at 2920 Auchentoroly Ter, Unit Unit A2 starting at $1,700 with a $0.89 price per square foot in the Druid Hill Park 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. |
|---|---|---|---|
| 409 S Spring St, Unit #3 | 409 S Spring St | 3BR,3BA | $1.13 |
| 2920 Auchentoroly Ter, Unit Unit A2 | 2920 Auchentoroly Ter | 2BR,1BA | $0.89 |
| 927 N Calvert St, Unit 1F | 927 N Calvert St | 3BR,2BA | $0.54 |
| 246 W Lanvale St, Unit 3 | 246 W Lanvale St | 2BR,1BA | $1.04 |
| The Chateau and The Riviera | Riviera - Two Bedroom | 2BR,1BA | $1.13 |
| 2124 Bolton St, Unit 2 | 2124 Bolton St | 1BR,1BA | $1.14 |
| 1015 N Calvert St | 1 Bedroom | 1BR,1BA | $0.95 |
| Penn Square | 2 bdr | 2BR,1BA | $0.80 |
| Barclay Greenmount | 2 Bedroom | 2BR,1BA | $1.14 |
| 1013 St Paul St, Unit 4 | 1013 St Paul St | 4BR,2BA | $0.74 |
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.
Read ArticleBeyond 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waverly, MD Rentals by Map
See the most popular apartments and homes in Waverly, MD
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 $689.
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $600 at Penn Square.
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 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!








