
Cheap Homes for Rent in Waverly, MD from $400 (122 Rentals)
Search the lowest-cost Homes available for rent right now in Waverly.


3445 Juneway

710 N Fulton Ave

1607 Division St

5019 Belair Rd

1025 N Carey St

928 Argonne Dr

5114 Belair Rd

2001 Boone St

1233 N Luzerne Ave
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.

833 N Fulton Ave

617 Glenwood Ave

837 N Fulton Ave

2103 Belair Rd

803 Cator Ave

1023 Harlem Ave

1627 N Milton Ave

1271 Limit Ave

716 E 23rd St

833 Ramsay St
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.

2317 Barclay St

507 E Cold Spring Ln, Unit Room 3

2317 Barclay St

2800 The Alameda

219 Penn St

219 Penn Street - 2nd Floor + Private Bathroom

646 W Conway St

833 N Fulton Ave

1025 N Carey St

1607 Division St
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.

2926 E Fayette St

928 Argonne Dr

5324 Ready Ave

710 N Fulton Ave

1729 N Caroline St

1729 N Caroline St

2800 The Alameda

1134 Montpelier St

1627 N Milton Ave

1015 Edmondson Ave, Unit First Floor
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.

1232 W Lafayette Ave

516 Beaumont Ave

1216 W Lafayette Ave, Unit UnitB - Front Bedroom

5716 Leith Walk

709 N Carrollton Ave, Unit 1A

1633 N Payson St

815 N Caroline St

1729 N Caroline St

1715 E Oliver St

1715 E Oliver St
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.
Waverly, MD Local Guide

How much does it cost to rent a home in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly 2 Bedroom Homes for Rent | $1,766 | $550 | $3,600 |
| Waverly 3 Bedroom Homes for Rent | $1,956 | $720 | $4,950 |
| Waverly 4 Bedroom Homes for Rent | $2,337 | $550 | $5,000 |
| Waverly 5 Bedroom Homes for Rent | $2,844 | $750 | $3,980 |
| Waverly 6 Bedroom Homes for Rent | $2,016 | $500 | $4,800 |
Browse Top Homes for Rent in Waverly
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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 Studio unit found at Parkside Gardens Apartments and Townhouses in the Patterson Place neighborhood priced from $695. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkside Gardens Apartments and Townhouses | Studio apartment | Studio,1BA | $695 |
| Columbus School Limited Partnership | 1 Bedroom/1 Bath J | 1BR,1BA | $720 |
| Mulberry at Park | Three Bedroom | 3BR,2BA | $739 |
| Willow Apartment Homes | 1BR/1.0BA | 1BR,1BA | $750 |
| Goodnow Hill and Franconia Apartments | 1 bedroom Junior apartment | 1BR,1BA | $778 |
| Penn Square I | 1 Bedroom/1 Bath B | 1BR,1BA | $797 |
| 1224 St Paul St | 0 Beds, 1 Baths | Studio,1BA | $825 |
| 221-223 E Preston St | 0 Beds, 1 Baths | Studio,1BA | $850 |
| Oak Hill Townhomes | 0BR/1.0BA | Studio,1BA | $850 |
Best Value Apartments for Rent in Waverly, MD and Nearby
As of July 01, 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 1017 Hollins St Model at 1017 Hollins St starting at $1,250 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| HH Cresmont | 4 Bedroom / 2 Bathrooms (leased per bedroom) | 4BR,2BA | $0.69 |
| 1017 Hollins St | 1017 Hollins St | 1BR,1BA | $1.04 |
| The Chateau and The Riviera | Riviera - Two Bedroom | 2BR,1BA | $1.13 |
| 2920 E Cold Spring Ln, Unit Room for rent | 2920 E Cold Spring Ln | 4BR,1BA | $0.63 |
| 1719 Saint Paul St, Unit B | 1719 Saint Paul St | 1BR,1BA | $1.00 |
| Symphony Homes at Purdue | 1BR/1.0BA | 1BR,1BA | $1.04 |
| Queen Esther Apartments | 2 bedroom townhome | 2BR,1BA | $1.05 |
| Renaissance at Reservoir Hill | One Bedroom | 1BR,1BA | $1.15 |
| Willow Apartment Homes | 1BR/1.0BA | 1BR,1BA | $1.01 |
| Penn Square I | 1 Bedroom/1 Bath A | 1BR,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.
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 ArticleReal 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.
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 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 $500 to $18,000. There are also 541 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $475 to $5,000.
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 $475 to $5,000 with an average monthly rent of $1,986.
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 $739 to $5,920, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $4,950. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $700.
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

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.

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.

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.

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.