604 White St SW
WatertownMN55388
Cheap Homes for Rent in Waverly, MN from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Waverly.
5440 3 Points Blvd
MoundMN55364
1402 2nd Ave S
BuffaloMN55313
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.
4837 Brunswick Rd
MoundMN55364
1010 Ivy Ridge Ln
BuffaloMN55313
326 W 5th St
WaconiaMN55387
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.
Showing Results 1-6, Page 1 of 1
Waverly, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly 2 Bedroom Homes for Rent | $1,929 | $1,150 | $2,750 |
| Waverly 3 Bedroom Homes for Rent | $2,551 | $1,750 | $7,500 |
| Waverly 4 Bedroom Homes for Rent | $2,562 | $1,849 | $4,995 |
| Waverly 5 Bedroom Homes for Rent | $4,520 | $2,550 | $8,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Waverly, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Howard Lake Apartments | 1 Bed | 1BR,1BA | $675 |
| Westcello Apartments | 2 Beds, 1 bath | 2BR,1BA | $775 |
| 9080 County Road 50 | 2 Bedroom | 2BR,1BA | $975 |
Best Value Apartments for Rent in Waverly, MN and Nearby
As of September 07, 2025 the best value apartment in the Waverly area is the $1.45 price per square foot Twin Home - *Income Qualified Model at Country Club Villas in the in the Clemens Munsinger Gardens neighborhood starting from $1,650. The second greatest value Waverly apartment is the 2 Bedroom + Den - CONTACT FOR AVAILABILITY Model at The Bluffs starting at $1,473 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Country Club Villas | Twin Home - *Income Qualified | 2BR,2BA | $1.45 |
| The Bluffs | 2 Bedroom + Den - CONTACT FOR AVAILABILITY | 2BR,1BA | $1.47 |
| Prairie Village | Prairie Village 3 Bedroom | 3BR,2BA | $1.20 |
| Evergreen Square Apartments | lg 2 bedroom | 2BR,2BA | $1.35 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Lone Oak Apartments | 2B/1B/Medium | 2BR,1BA | $1.22 |
| Westcello Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.97 |
| 9080 County Road 50 | 2 Bedroom | 2BR,1BA | $1.15 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| Howard Lake Apartments | 1 Bed | 1BR,1BA | $1.40 |
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Frequently Asked Questions about Waverly
What type of rentals are currently available in Waverly?
There are currently 53 Apartments for Rent in Waverly, MN with pricing that ranges from $675 to $3,350. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $1,150 to $8,500.
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 $1,150 to $8,500 with an average monthly rent of $2,890.
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 $1,180 to $2,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,849 and Four Bedroom Apartments start at $3,350.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.