Cheap Apartments for Rent near Waverly, MO from $400 (38 Rentals)

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

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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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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FJC Apartments
Studio to 2 Bedroom Apartments

FJC Apartments

327 Franklin AveWarrensburg, MO 64093
Corporate Housing
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The Lofts at Bridgewood
1 to 3 Bedroom Apartments

The Lofts at Bridgewood

500 SE Salem StOak Grove, MO 64075
Corporate Housing
  • Utilities Included

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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Burr Oak Woods
1 to 2 Bedroom Apartments

Burr Oak Woods

3403 NW Duncan RdBlue Springs, MO 64015
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Opera House Lofts
2 to 4 Bedroom Apartments

Opera House Lofts

145 W Pine StWarrensburg, MO 64093
  • Utilities Included

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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Showing Results 1-38, Page 1 of 1

Waverly, MO Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, MO is a 1 Bed unit found at Dellwood Apartments in the Johnson County MO neighborhood priced from $720. Independence Tower in the Spring Branch neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dellwood ApartmentsOne Bedroom1BR,1BA$720
Independence TowerStudio /1Studio,1BA$760
Hampton Place Apartments1x11BR,1BA$845
Oaks Apartments1Bd1BR,1BA$900
Autumn Place1Bd/1Ba1BR,1BA$925
Meadowbrook Apartments1-Bedroom1BR,1BA$935
Hillside ApartmentsRenovated 1bed - 1bath Apartment! **MOVE IN SPE...1BR,1BA$995
Royal Valley1x11BR,1BA$999
The Ridge of Blue Springs1 Bed 1 Bath1BR,1BA$1,030
The Arbor Apartments and TownhomesLinden1BR,1BA$1,109

Best Value Apartments for Rent in Waverly, MO and Nearby

As of July 24, 2026 the best value apartment in the Waverly area is the $0.34 price per square foot 4x2 Model at Diamond Club Apartments in the in the Johnson County MO neighborhood starting from $400. The second greatest value Waverly apartment is the EBL-B2- Morgan Model at The Edison at Blue Springs starting at $1,559 with a $1.32 price per square foot in the Little Blue 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.
Diamond Club Apartments4x24BR,2BA$0.34
The Edison at Blue SpringsEBL-B2- Morgan2BR,2BA$1.32
Westchester Village of Oak Grove418B3BR,2BA$1.14
Meadowbrook Apartments3-Bedrooms3BR,2.5BA$1.15
The Annex of Warrensburg2 Bed 2 Bath2BR,2BA$0.70
Autumn Place2Bd/1.5Ba2BR,1.5BA$1.12
The LodgeRedwood2BR,1BA$1.34
Dellwood ApartmentsOne Bedroom1BR,1BA$0.80
Oaks Apartments1Bd1BR,1BA$1.36
Hampton Place Apartments1x11BR,1BA$1.30

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waverly, MO Rentals by Map

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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 $720 at Dellwood 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 Dellwood Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Westchester Village of Oak Grove and starts from $1,200.

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

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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.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.