Cheap Apartments for Rent in Waverly, MN from $600 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waverly.

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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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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Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
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Deer Run Apartments
2 Bedroom Apartments

Deer Run Apartments

650 Shoreline DrHoward Lake, MN 55349
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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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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
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Showing Results 1-23, Page 1 of 1

Waverly, MN Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, MN is a 1 Bed unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $675. Westcello Apartments in the Clemens Munsinger Gardens neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Howard Lake ApartmentsOne Bedroom1BR,1BA$675
Westcello Apartments2 Beds, 1 bath2BR,1BA$775
Riverwalk Apartments1 bedroom 1 bath1BR,1BA$929
Prairie VillagePrairie Village 2 Bedroom2BR,1BA$995
The Bluffs1 Bedroom - Jefferson1BR,1BA$1,059

Best Value Apartments for Rent in Waverly, MN and Nearby

As of July 25, 2025 the best value apartment in the Waverly area is the $1.57 price per square foot C2 Model at Monticello Crossings in the in the Clemens Munsinger Gardens neighborhood starting from $2,210. The second greatest value Waverly apartment is the 2 Bedroom + Den - CONTACT FOR AVAILABILITY Model at The Bluffs starting at $1,469 with a $1.47 price per square foot in the Clemens Munsinger Gardens 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.
Monticello CrossingsC23BR,2BA$1.57
The Bluffs2 Bedroom + Den - CONTACT FOR AVAILABILITY2BR,1BA$1.47
Evergreen Square Apartmentslg 2 bedroom2BR,2BA$1.35
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.45
Westcello Apartments2 Beds, 1 bath2BR,1BA$0.97
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Pintail Ponds Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$1.56
Prairie VillagePrairie Village 2 Bedroom2BR,1BA$1.29
Silvercrest Apartments1B/1B1BR,1BA$1.54
Howard Lake Apartments1 Bed1BR,1BA$1.40

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Getting Around Waverly, MN

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Waverly Apartments

How much is rent for a Cheap One Bedroom Waverly Apartment?

The lowest price for a Cheap One Bedroom Waverly Apartment is $675 at Howard Lake Apartments.

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 $775 at Westcello Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Prairie Village and starts from $1,180.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.