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$675 - $875
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityHoward Lake Apartments
1208 7th StHoward Lake, MN 55349
Cheap Apartments for Rent in Waverly, MN from $600 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.
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$975 - $1,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowWestcello Apartments
919 Golf Course RdMonticello, MN 55362
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$990
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityPrairie Village
800 Meadow Lake PlWaconia, MN 55387
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$995 - $1,325
Plus Fees
1 to 2 Bedroom Apartments Available May 1Hidden Cove Apartments
1001 6th Ave NEBuffalo, MN 55313
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$1,050 - $1,700
Plus Fees
Studio to 2 Bedroom Apartments Available Jun 1Pintail Ponds Apartment Homes
60 Pintail DrAnnandale, MN 55302
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$1,050 - $1,425
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySolace on Lake Minnetonka
4601 Shoreline DrSpring Park, MN 55384
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$1,059 - $1,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowShoreline Place
5000-5028 Shoreline DrMound, MN 55364
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$1,070 - $1,370
Total Monthly Price
1 to 3 Bedroom Apartments Available Jun 1Total 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
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCottages of Annandale - 55+ Community
82 Ash St WAnnandale, MN 55302
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Rent Specials
$1,120 - $1,855
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,120 - $1,855
Total Monthly Price
$1,120 - $1,855
Dockside Apartments on Lake Minnetonka
2450 Island DrSpring Park, MN 55384
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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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Rent Specials
$1,125 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Available NowWinsted Fields Apartments
140-150 9th St SWinsted, MN 55395
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Rent Specials
$1,129 - $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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$1,180 - $1,300
Total Monthly Price
1 to 2 Bedroom Apartments Available May 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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$1,195 - $1,730
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Crossings at Willems Way
915 Willems WayBuffalo, 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 Brookdale 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
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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$1,200 - $1,300
Plus Fees
1 to 2 Bedroom Apartments Available NowLangdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
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$1,220 - $1,520
Total Monthly Price
1 to 3 Bedroom Apartments Contact Us For AvailabilityTotal 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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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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Rent Specials
$1,246 - $1,543
Plus Fees
2 to 3 Bedroom Apartments Available NowEvergreen Square Apartments
911 6th Ave NEBuffalo, MN 55313
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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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$1,330 - $1,690
Plus Fees
1 to 2 Bedroom Apartments Available NowDeephaven Apartments
1255 Edmonson Ave NEMonticello, MN 55362
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$1,360 - $2,150
Plus Fees
Studio to 2 Bedroom Apartments Available NowSavanna Vista
9277 NE Edmonson AveMonticello, MN 55362
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Rent Specials
$1,381 - $2,442
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,366 - $2,427
Required Monthly Fees
$15
Total Monthly Price
$1,381 - $2,442
The Dylan Apartments
11910 Town Center drSaint Michael, MN 55376
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$1,385 - $1,440
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available May 15Total Monthly Price
Base Rent
$1,340 - $1,395
Required Monthly Fees
$45
Total Monthly Price
$1,385 - $1,440
Marywood Apartments
407 E 7th StMonticello, MN 55362
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$1,395 - $1,895
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHarbor District Apartments
2360 Commerce BlvdMound, MN 55364
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$1,431 - $1,996
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,420 - $1,985
Required Monthly Fees
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Total Monthly Price
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Monticello Crossings
2205 Meadow Oak AveMonticello, MN 55362
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Rent Specials
$1,433 - $2,401
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,425 - $2,393
Required Monthly Fees
$8
Total Monthly Price
$1,433 - $2,401
The Otto
601 Industrial Blvd WWaconia, MN 55387
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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$1,444 - $2,260
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,384 - $2,200
Required Monthly Fees
$60
Total Monthly Price
$1,444 - $2,260
The Uptown Apartments
233 S Olive StWaconia, MN 55387
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Rent Specials
$1,511 - $1,926
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,500 - $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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$1,563 - $3,473
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,490 - $3,400
Required Monthly Fees
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Wilford
140 S Elm StWaconia, MN 55387
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Rent Specials
$1,610 - $3,289
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,595 - $3,274
Required Monthly Fees
$15
Total Monthly Price
$1,610 - $3,289
Juniper
4701 Kings Point RoadMinnetrista, MN 55331
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$1,625 - $1,875
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 30Granite Works 1 Apartments
35 Granite LnDelano, MN 55328
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Rent Specials
$1,635
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,615
Required Monthly Fees
$20
Total Monthly Price
$1,635
The Preserve at Pintail Ponds
160 Ash Street EastAnnandale, MN 55302
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$1,650 - $2,180
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Apr 30Country Club Villas
10715 Tee Box TrlMonticello, MN 55362
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$1,770 - $2,595
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowKingston Crossings
5400 Kingston Ln NEAlbertville, MN 55301
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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
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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Studio to 2 Bedroom Apartments
9080 County Road 50
9080 County Road 50Rockford, MN 55373
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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
216 Birch Ave S
Maple LakeMN55358
64 E 13th St
WaconiaMN55387
8627 Woodlawn Dr
RockfordMN55373
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.
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 | $1,420 | $1,050 | $1,623 |
| Waverly 1 Bedroom Apartments | $1,514 | $675 | $2,563 |
| Waverly 2 Bedroom Apartments | $1,824 | $975 | $3,473 |
| Waverly 3 Bedroom Apartments | $2,201 | $1,370 | $2,750 |
| Waverly 4 Bedroom Apartments | $2,874 | $2,750 | $2,999 |
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 Westcello Apartments in the Clemens Munsinger Gardens neighborhood priced from $975. Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,059. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westcello Apartments | 2 Beds, 1 bath | 2BR,1BA | $975 |
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Cottages of Annandale - 55+ Community | 1B1B | 1BR,1BA | $1,100 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1,120 |
| Winsted Fields Apartments | C-2 ADA | 1BR,1BA | $1,125 |
| The Willows of Annandale | Studio 1 Bathroom | Studio,1BA | $1,195 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Village Place Apartments of Buffalo | One Bedroom | 1BR,1BA | $1,200 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR,1BA | $1,246 |
Best Value Apartments for Rent in Waverly, MN and Nearby
As of April 29, 2026 the best value apartment in the Waverly area is the $1.64 price per square foot Daisy Model at The Preserve at Pintail Ponds in the in the Clemens Munsinger Gardens neighborhood starting from $1,635. The second greatest value Waverly apartment is the 2 bedroom 1 bath Model at Evergreen Square Apartments starting at $1,246 with a $1.30 price per square foot in the Willow Glen Carriage 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. |
|---|---|---|---|
| The Preserve at Pintail Ponds | Daisy | 2BR,2BA | $1.64 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.30 |
| The Bluffs | 2 Bedroom | 2BR,1BA | $1.45 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Westcello Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.13 |
| Deephaven Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.58 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Cottages of Annandale - 55+ Community | 1B1B | 1BR,1BA | $1.51 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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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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.
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See the most popular apartments and homes in Waverly, MN
Frequently Asked Questions about Cheap Waverly Apartments
What is the Cheapest Studio apartment in Waverly?
Currently the most affordable Cheap Studio Apartment in Waverly is at The Willows of Annandale listed at $1,195.
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 Cottages of Annandale - 55+ Community.
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 $975 at Westcello Apartments.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.