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$675 - $875
Total Monthly Price
Base Rent$675 - $875
Total Monthly Price$675 - $875
Howard Lake Apartments
1208 7th StHoward Lake, MN 55349
Cheap Apartments for Rent near Waverly, MN from $675 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.
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$895 - $1,195
Total Monthly Price
Base Rent$895 - $1,195
Total Monthly Price$895 - $1,195
Hidden Cove Apartments
1001 6th Ave NEBuffalo, MN 55313
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$1,050 - $1,700
Total Monthly Price
Base Rent$1,050 - $1,700
Total Monthly Price$1,050 - $1,700
Pintail Ponds Apartment Homes
60 Pintail DrAnnandale, MN 55302
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$1,061 - $1,471
Total Monthly Price
Base Rent$1,050 - $1,460
Required Monthly Fees$11
Total Monthly Price$1,061 - $1,471
Solace on Lake Minnetonka
4601 Shoreline DrSpring Park, MN 55384
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$1,070 - $1,370
Total 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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Rent Specials
$1,100 - $1,369
Total Monthly Price
Base Rent$1,100 - $1,369
Total Monthly Price$1,100 - $1,369
Evergreen Square Apartments
911 6th Ave NEBuffalo, MN 55313
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$1,100 - $1,389
Total Monthly Price
Base Rent$1,100 - $1,389
Total Monthly Price$1,100 - $1,389
Riverwalk Apartments
405-407 River St SDelano, MN 55328
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$1,120 - $1,523
Total Monthly Price
Base Rent$1,105 - $1,508
Required Monthly FeesVaries
Total Monthly PriceVaries
The Bluffs
700 7th St EMonticello, MN 55362
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$1,120 - $1,300
Total Monthly Price
Base Rent$1,120 - $1,300
Total Monthly Price$1,120 - $1,300
Shoreline Place
5000-5028 Shoreline DrMound, MN 55364
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$1,150 - $1,450
Total Monthly Price
Base Rent$1,150 - $1,450
Total Monthly Price$1,150 - $1,450
Westcello Apartments
919 Golf Course RdMonticello, MN 55362
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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$1,180 - $1,300
Total 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
Total Monthly Price
Base Rent$1,195 - $1,935
Total Monthly Price$1,195 - $1,935
The Willows of Annandale
160 Brookwood BlvdAnnandale, MN 55302
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$1,199 - $1,599
Total Monthly Price
Base Rent$1,199 - $1,599
Total Monthly Price$1,199 - $1,599
Lakecrest Village
5600 Grandview BlvdMound, MN 55364
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$1,200 - $1,300
Total Monthly Price
Base Rent$1,200 - $1,300
Total Monthly Price$1,200 - $1,300
Langdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
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$1,215 - $2,005
Total Monthly Price
Base Rent$1,215 - $2,005
Total Monthly Price$1,215 - $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
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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$1,230 - $1,370
Total Monthly Price
Base Rent$1,230 - $1,370
Total Monthly Price$1,230 - $1,370
Prairie Village
800 Meadow Lake PlWaconia, MN 55387
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$1,250 - $1,400
Total Monthly Price
Base Rent$1,250 - $1,400
Total Monthly Price$1,250 - $1,400
Village Place Apartments of Buffalo
119 1st Ave NEBuffalo, MN 55313
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$1,265 - $1,980
Total Monthly Price
Base Rent$1,265 - $1,980
Total Monthly Price$1,265 - $1,980
Block 52
101 W Broadway StMonticello, MN 55362
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$1,295
Total Monthly Price
Base Rent$1,295
Total Monthly Price$1,295
Cottages 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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$1,330 - $1,890
Total Monthly Price
Base Rent$1,330 - $1,890
Total Monthly Price$1,330 - $1,890
Deephaven Apartments
1255 Edmonson Ave NEMonticello, MN 55362
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$1,334 - $1,863
Total Monthly Price
Base Rent$1,315 - $1,844
Required Monthly Fees$19
Total Monthly Price$1,334 - $1,863
Rivertown Apartments
212 Locust StMonticello, MN 55362
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$1,385 - $2,225
Total Monthly Price
Base Rent$1,385 - $2,225
Total Monthly Price$1,385 - $2,225
Savanna Vista
9277 NE Edmonson AveMonticello, MN 55362
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$1,395
Total Monthly Price
Base Rent$1,350
Required Monthly Fees$45
Total Monthly Price$1,395
Marywood Apartments
407 E 7th StMonticello, MN 55362
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$1,395 - $1,425
Total Monthly Price
Base Rent$1,395 - $1,425
Total Monthly Price$1,395 - $1,425
Harbor District Apartments
2360 Commerce BlvdMound, MN 55364
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Rent Specials
$1,425 - $1,600
Total Monthly Price
Base Rent$1,425 - $1,600
Total Monthly Price$1,425 - $1,600
Winsted Fields Apartments
140-150 9th St SWinsted, MN 55395
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Rent Specials
$1,442 - $2,388
Total Monthly Price
Base Rent$1,434 - $2,380
Required Monthly Fees$8
Total Monthly Price$1,442 - $2,388
The Uptown Apartments
233 S Olive StWaconia, MN 55387
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Rent Specials
$1,503 - $2,603
Total Monthly Price
Base Rent$1,495 - $2,595
Required Monthly Fees$8
Total Monthly Price$1,503 - $2,603
The Otto
601 Industrial Blvd WWaconia, MN 55387
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$1,510 - $1,800
Total Monthly Price
Base Rent$1,510 - $1,800
Total Monthly Price$1,510 - $1,800
The Crossings at Willems Way
915 Willems WayBuffalo, MN 55313
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$1,511 - $1,921
Total Monthly Price
Base Rent$1,500 - $1,910
Required Monthly FeesVaries
Total Monthly PriceVaries
Monticello Village
727 Minnesota StMonticello, 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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$1,516 - $2,666
Total Monthly Price
Base Rent$1,505 - $2,655
Required Monthly FeesVaries
Total Monthly PriceVaries
Monticello Crossings
2205 Meadow Oak AveMonticello, MN 55362
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Rent Specials
$1,597 - $2,009
Total Monthly Price
Base Rent$1,582 - $1,994
Required Monthly Fees$15
Total Monthly Price$1,597 - $2,009
The Dylan Apartments
11910 Town Center drSaint Michael, MN 55376
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Rent Specials
$1,635 - $1,740
Total Monthly Price
Base Rent$1,615 - $1,720
Required Monthly Fees$20
Total Monthly Price$1,635 - $1,740
The Preserve at Pintail Ponds
160 Ash Street EastAnnandale, MN 55302
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$1,640 - $1,895
Total Monthly Price
Base Rent$1,640 - $1,895
Total Monthly Price$1,640 - $1,895
Kingston Crossings
5400 Kingston Ln NEAlbertville, MN 55301
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$1,650 - $2,170
Total Monthly Price
Base Rent$1,650 - $2,170
Total Monthly Price$1,650 - $2,170
Country Club Villas
10715 Tee Box TrlMonticello, MN 55362
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Rent Specials
$1,703 - $3,890
Total Monthly Price
Base Rent$1,680 - $3,867
Required Monthly FeesVaries
Total Monthly PriceVaries
Juniper
4701 Kings Point RoadMinnetrista, MN 55331
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1 to 2 Bedroom Apartments
Linden Wood Apartments
215 Linden Ave WWinsted, MN 55395
8330 Cedar St
RockfordMN55373
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1 to 2 Bedroom Apartments
Bryant Wood Apartments
5225 Bryantwood DrMaple Plain, MN 55359
510 2nd St N
DasselMN55325
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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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
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1 Bedroom Apartments
3rd Ave Apartments
1009 3rd Ave NEBuffalo, MN 55313
8551 Elm St
RockfordMN55373
303 Angel Ave SW
WatertownMN55388
720 2nd St N
DasselMN55325
116 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 | $1,318 | $895 | $1,678 |
| Waverly 1 Bedroom Apartments | $1,570 | $675 | $2,563 |
| Waverly 2 Bedroom Apartments | $1,830 | $795 | $3,473 |
| Waverly 3 Bedroom Apartments | $2,164 | $1,230 | $3,890 |
| Waverly 4 Bedroom Apartments | $3,249 | $3,249 | $3,249 |
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
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. Hidden Cove Apartments in the Willow Glen Carriage neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. 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 |
| Hidden Cove Apartments | 1 Bed/1 Bath | 1BR,1BA | $1,030 |
| Solace on Lake Minnetonka | Harrison | 1BR,1BA | $1,096 |
| 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 |
| Dockside Apartments & Boat Slips - Lake Minnetonka | The Marina | 1BR,1BA | $1,220 |
| The Bluffs | 1 Bedroom | 1BR,1BA | $1,230 |
| Prairie Village | Prairie Village 3 Bedroom | 3BR,2BA | $1,230 |
| Block 52 | Studio | Studio,1BA | $1,265 |
Best Value Apartments for Rent in Waverly, MN and Nearby
As of September 12, 2026 the best value apartment in the Waverly area is the $1.52 price per square foot 2 Bedroom 2 Bathroom Model at Pintail Ponds Apartment Homes in the in the Clemens Munsinger Gardens neighborhood starting from $1,600. The second greatest value Waverly apartment is the Prairie Village 3 Bedroom Model at Prairie Village starting at $1,230 with a $1.25 price per square foot in the Waterford Heartland Row 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. |
|---|---|---|---|
| Pintail Ponds Apartment Homes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.52 |
| Prairie Village | Prairie Village 3 Bedroom | 3BR,2BA | $1.25 |
| Monticello Village | B4 | 2BR,2BA | $1.61 |
| 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 |
| 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 |
| Hidden Cove Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.42 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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 Block 52 listed at $1,265.
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $1,030 at Hidden Cove 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 Prairie Village and starts from $1,230.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.