Cheap Homes for Rent in Waverly, MD from $500 (127 Rentals)

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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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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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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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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.

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property at 424 E North Ave

424 E North Ave

BaltimoreMD21202

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.

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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$695
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$765
Columbus School1 bdr1BR,1BA$817
Wyman Hills0BR/1.0BAStudio,1BA$875

Best Value Apartments for Rent in Waverly, MD and Nearby

As of November 04, 2025 the best value apartment in the Waverly area is the $1.06 price per square foot Unit 6 Model at 407 N Charles St in the in the Inner Harbor neighborhood starting from $2,200. The second greatest value Waverly apartment is the 2BR/2.0BA Model at Multi-Family Lofts Units starting at $2,000 with a $1.00 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.
407 N Charles StUnit 64BR,3.5BA$1.06
Multi-Family Lofts Units2BR/2.0BA2BR,2BA$1.00
2920 Auchentoroly Ter, Unit A22920 Auchentoroly Ter2BR,1BA$0.95
4833 Belair Rd, Unit 1-B4833 Belair Rd3BR,1BA$0.72
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
1015 N Calvert St1 Bedroom1BR,1BA$0.95
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Penn Square2 bdr2BR,1BA$0.80
Mary Harvin House1 bdr1BR,1BA$0.83

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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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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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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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Frequently Asked Questions about Waverly

What type of rentals are currently available in Waverly?

There are currently 1758 Apartments for Rent in Waverly, MD with pricing that ranges from $600 to $6,950. There are also 545 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $200 to $4,875.

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 $200 to $4,875 with an average monthly rent of $1,983.

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 $1,045 to $4,715, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,250. Four Bedroom Single-Family rentals are also available starting from $200 and Four Bedroom Apartments start at $1,220.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.