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$675 - $875
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHoward Lake Apartments
1208 7th StHoward Lake, MN 55349
Cheap Apartments for Rent near Waverly, MN from $600 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.
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$990 - $1,370
Plus Fees
1 to 3 Bedroom Apartments Available Sep 1Prairie Village
800 Meadow Lake PlWaconia, MN 55387
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$1,050 - $1,425
Plus Fees
1 to 2 Bedroom Apartments Available NowSolace on Lake Minnetonka
4601 Shoreline DrSpring Park, MN 55384
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Rent Specials
$1,050 - $1,700
Plus Fees
Studio to 2 Bedroom Apartments Available NowPintail Ponds Apartment Homes
60 Pintail DrAnnandale, MN 55302
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$1,070 - $1,370
Total Monthly Price
1 to 3 Bedroom Apartments Available Aug 8Total Monthly Price
Base Rent
$1,070 - $1,370
Total Monthly Price
$1,070 - $1,370
Lone Oak Apartments
102 14th St NEBuffalo, MN 55313
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$1,100 - $1,369
Plus Fees
1 to 2 Bedroom Apartments Available NowEvergreen Square Apartments
911 6th Ave NEBuffalo, MN 55313
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$1,100 - $1,389
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowRiverwalk Apartments
405-407 River St SDelano, MN 55328
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$1,120 - $1,523
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,105 - $1,508
Required Monthly Fees
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The Bluffs
700 7th St EMonticello, MN 55362
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$1,120 - $1,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 15Shoreline Place
5000-5028 Shoreline DrMound, MN 55364
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Rent Specials
$1,125 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Available NowWinsted Fields Apartments
140-150 9th St SWinsted, MN 55395
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,150 - $1,450
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowWestcello Apartments
919 Golf Course RdMonticello, MN 55362
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$1,180 - $1,300
Total Monthly Price
1 to 2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,180 - $1,300
Total Monthly Price
$1,180 - $1,300
Maple Tree Villa Apartments
906 3rd Ave NEBuffalo, MN 55313
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Rent Specials
$1,195 - $1,935
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Willows of Annandale
160 Brookwood BlvdAnnandale, MN 55302
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$1,199 - $1,599
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityLakecrest Village
5600 Grandview BlvdMound, MN 55364
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$1,200 - $1,300
Plus Fees
1 to 2 Bedroom Apartments Available NowLangdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
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$1,205 - $2,005
Total Monthly Price
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,205 - $2,005
Total Monthly Price
$1,205 - $2,005
Dockside Apartments & Boat Slips - Lake Minnetonka
2450 Island DrSpring Park, MN 55384
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$1,220 - $1,520
Total Monthly Price
1 to 3 Bedroom Apartments Available Sep 8Total Monthly Price
Base Rent
$1,220 - $1,520
Total Monthly Price
$1,220 - $1,520
Silvercrest Apartments
307 7th St EMonticello, MN 55362
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$1,265 - $1,980
Plus Fees
Studio to 3 Bedroom Apartments Available NowBlock 52
101 W Broadway StMonticello, MN 55362
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$1,295 - $1,813
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,276 - $1,794
Required Monthly Fees
$19
Total Monthly Price
$1,295 - $1,813
Rivertown Apartments
212 Locust StMonticello, MN 55362
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$1,295
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCottages of Annandale - 55+ Community
82 Ash St WAnnandale, MN 55302
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.
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$1,300 - $1,400
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Place Apartments of Buffalo
119 1st Ave NEBuffalo, MN 55313
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$1,325
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityHidden Cove Apartments
1001 6th Ave NEBuffalo, MN 55313
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$1,330 - $1,890
Plus Fees
1 to 3 Bedroom Apartments Available NowDeephaven Apartments
1255 Edmonson Ave NEMonticello, MN 55362
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$1,360 - $1,740
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,340 - $1,720
Required Monthly Fees
$20
Total Monthly Price
$1,360 - $1,740
The Preserve at Pintail Ponds
160 Ash Street EastAnnandale, MN 55302
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Rent Specials
$1,384 - $2,385
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Uptown Apartments
233 S Olive StWaconia, MN 55387
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$1,385 - $2,150
Plus Fees
Studio to 2 Bedroom Apartments Available Sep 1Savanna Vista
9277 NE Edmonson AveMonticello, MN 55362
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$1,395 - $1,425
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowHarbor District Apartments
2360 Commerce BlvdMound, MN 55364
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$1,440
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,395
Required Monthly Fees
$45
Total Monthly Price
$1,440
Marywood Apartments
407 E 7th StMonticello, MN 55362
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$1,455 - $1,800
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Crossings at Willems Way
915 Willems WayBuffalo, MN 55313
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$1,476 - $2,801
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,465 - $2,790
Required Monthly Fees
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Total Monthly Price
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Monticello Crossings
2205 Meadow Oak AveMonticello, MN 55362
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,531 - $1,926
Total Monthly Price
2 Bedroom Apartments Available Aug 18Total Monthly Price
Base Rent
$1,520 - $1,915
Required Monthly Fees
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Total Monthly Price
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Monticello Village
727 Minnesota StMonticello, MN 55362
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$1,540 - $1,895
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowKingston Crossings
5400 Kingston Ln NEAlbertville, MN 55301
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Rent Specials
$1,568 - $3,890
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,545 - $3,867
Required Monthly Fees
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Total Monthly Price
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Juniper
4701 Kings Point RoadMinnetrista, MN 55331
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$1,650 - $2,170
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Aug 17Country Club Villas
10715 Tee Box TrlMonticello, MN 55362
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Rent Specials
$1,655 - $2,393
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,647 - $2,385
Required Monthly Fees
$8
Total Monthly Price
$1,655 - $2,393
The Otto
601 Industrial Blvd WWaconia, MN 55387
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$1,659 - $2,384
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,644 - $2,369
Required Monthly Fees
$15
Total Monthly Price
$1,659 - $2,384
The Dylan Apartments
11910 Town Center drSaint Michael, MN 55376
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$1,778 - $3,218
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,705 - $3,145
Required Monthly Fees
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Total Monthly Price
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Wilford - NOW OPEN!
140 S Elm StWaconia, MN 55387
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1 to 2 Bedroom Apartments
Linden Wood Apartments
215 Linden Ave WWinsted, MN 55395
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1 to 2 Bedroom Apartments
Bryant Wood Apartments
5225 Bryantwood DrMaple Plain, MN 55359
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Studio to 2 Bedroom Apartments
9080 County Road 50
9080 County Road 50Rockford, MN 55373
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.
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2 to 3 Bedroom Apartments
Deer Run Apartments
650 Shoreline DrHoward Lake, MN 55349
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1 to 2 Bedroom Apartments
Lake Point South Apartments
1506 Anderson AveBuffalo, MN 55313
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1 to 3 Bedroom Apartments
Vista Ridge
861 Vista BlvdWaconia, MN 55387
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2 to 3 Bedroom Apartments
Interlaken Place
925 Airport RdWaconia, MN 55387
604 White St SW
WatertownMN55388
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1 Bedroom Apartments
3rd Ave Apartments
1009 3rd Ave NEBuffalo, MN 55313
602 E 1st St
WaconiaMN55387
8551 Elm St
RockfordMN55373
116 Rockford Ave E
DelanoMN55328
763 Rockford Ave E
DelanoMN55328
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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Waverly, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent an apartment in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Studio Apartments | $1,293 | $1,050 | $1,535 |
| Waverly 1 Bedroom Apartments | $1,559 | $675 | $2,563 |
| Waverly 2 Bedroom Apartments | $1,781 | $795 | $3,267 |
| Waverly 3 Bedroom Apartments | $2,108 | $1,230 | $3,890 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Waverly
See all Apartments in WaverlyExplore Waverly
Waverly, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Waverly Apartments for Rent and Nearby
The cheapest available apartment rental in Waverly, MN is a 2 Beds unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $795. Evergreen Square Apartments in the Willow Glen Carriage neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $795 |
| Evergreen Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,100 |
| Riverwalk Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,100 |
| Westcello Apartments | 2 Bed/1 Bath | 2BR,1BA | $1,150 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Block 52 | Studio | Studio,1BA | $1,265 |
| Cottages of Annandale - 55+ Community | 2B1B | 2BR,1BA | $1,295 |
| Rivertown Apartments | Baltimore - CONTACT FOR AVAILABILITY | Studio,1BA | $1,295 |
| Solace on Lake Minnetonka | St. Louis | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Waverly, MN and Nearby
As of July 29, 2026 the best value apartment in the Waverly area is the $1.62 price per square foot C2 Model at Monticello Crossings in the in the Clemens Munsinger Gardens neighborhood starting from $2,281. The second greatest value Waverly apartment is the 2 Bedroom 2 Bathroom Model at Pintail Ponds Apartment Homes starting at $1,600 with a $1.52 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Monticello Crossings | C2 | 3BR,2BA | $1.62 |
| Pintail Ponds Apartment Homes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.52 |
| The Bluffs | 2 Bedroom Deluxe | 2BR,1BA | $1.40 |
| The Preserve at Pintail Ponds | Daisy | 2BR,2BA | $1.64 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Deephaven Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.58 |
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $0.95 |
| Westcello Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.40 |
| Evergreen Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
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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Real 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.
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See the most popular apartments and homes in Waverly, MN
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 $1,100 at Riverwalk 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 $795 at Howard Lake Apartments.
What is the most affordable Waverly Three Bedroom Apartment?
The best deal on a cheap Waverly Three Bedroom Apartment rental is at Deephaven Apartments and starts from $1,890.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.