Cheap Homes for Rent in Waverly, MD from $400 (119 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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property at 1620 N Calvert St

$850

1 Bedroom, 1 Bath Townhome for Rent

Available Jan 15, 2026

1620 N Calvert St

BaltimoreMD21202

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 31 N Paca St

$850

Studio Rentals

Available Now

31 N Paca St

BaltimoreMD21201
property at 3500 Beech Ave

$875 - $1,099

Studio To 1 Bedroom Rentals

Available Now

3500 Beech Ave

BaltimoreMD21211

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 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 $656. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Penn Square1 bdr1BR,1BA$600
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$656
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$765
Mt. Vernon PropertiesStudioStudio,1BA$800
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Wyman Hills0BR/1.0BAStudio,1BA$899
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
22 LightOne Bedroom1BR,1BA$915

Best Value Apartments for Rent in Waverly, MD and Nearby

As of December 23, 2025 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 927 N Calvert St Model at 927 N Calvert St, Unit 1F starting at $975 with a $0.54 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.
409 S Spring St, Unit #3409 S Spring St3BR,3BA$1.13
927 N Calvert St, Unit 1F927 N Calvert St3BR,2BA$0.54
246 W Lanvale St, Unit 3246 W Lanvale St2BR,1BA$1.04
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
2124 Bolton St, Unit 22124 Bolton St1BR,1BA$1.14
1015 N Calvert St1 Bedroom1BR,1BA$0.95
Penn Square2 bdr2BR,1BA$0.80
Barclay Greenmount2 Bedroom2BR,1BA$1.14
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15

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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Waverly, MD Rental Homes Map

Frequently Asked Questions about Waverly

What type of rentals are currently available in Waverly?

There are currently 1779 Apartments for Rent in Waverly, MD with pricing that ranges from $595 to $5,005. There are also 616 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $475 to $6,500.

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 $6,500 with an average monthly rent of $1,912.

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 $975 to $4,715, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,200. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $595.

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

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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.

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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.