Cheap Apartments for Rent near Waverly, NY from $600 (46 Rentals)

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

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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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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Chelsea
2 to 3 Bedroom Apartments

Chelsea

459 Chelsea LnSayre, PA 18840
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Graydon Apartments
2 Bedroom Apartments

Graydon Apartments

307 E Main StEndicott, NY 13760
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 514 W 1st St

$975 - $1,275

1 To 4 Bedroom Rentals

Available Now

514 W 1st St

ElmiraNY14905
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50 Corning Blvd
2 Bedroom Apartments

50 Corning Blvd

50 Corning BlvdCorning, NY 14830
  • Utilities Included
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514 W State St
1 Bedroom Apartments

514 W State St

514 W State StIthaca, NY 14850
  • Utilities Included

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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315 E Water St
1 to 2 Bedroom Apartments

315 E Water St

315 E Water StElmira, NY 14901
  • Utilities Included
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Bottchers Landing
2 to 3 Bedroom Apartments

Bottchers Landing

500 Bottchers DrBig Flats, NY 14814
  • Utilities Included

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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Wyalusing Gardens
Studio to 2 Bedroom Apartments

Wyalusing Gardens

43850 US 6Wyalusing, PA 18853
Senior Living
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Waverly, NY Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, NY is a 1 Bed unit found at Montour Family Apartments priced from $785. Country Falls Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Montour Family Apartments1 bedroom 1bath1BR,1BA$785
Country Falls ApartmentsTwo Bedroom2BR,1BA$795
St. Patrick's ApartmentsSenior 1B1BR,1BA$902
Squire Colony1 Bedroom1BR,1BA$945
36 German Cross Rd Utilities Included!1 BR, 1 BA1BR,1BA$950
507-511 Main StTwo Bedroom2BR,1BA$995
West Village Apartments2 Beds, 1 bath2BR,1BA$1,113
401 Maple Ave Utilities Included2A1BR,1BA$1,150
Solo Apartments at Corning1x11BR,1BA$1,195
Anthos at Vestal2 Bedroom Size 32BR,1BA$1,325

Best Value Apartments for Rent in Waverly, NY and Nearby

As of July 11, 2026 the best value apartment in the Waverly area is the $0.39 price per square foot 4BR 2 Bathroom Model at 212 Giles St Furnished Free Parking in the in the Ithaca neighborhood starting from $700. The second greatest value Waverly apartment is the Two Bedroom 1.5 Bath Model at Jailhouse & Sheriff's Apartments 176 Main St. starting at $1,395 with a $1.13 price per square foot in the Tioga County 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.
212 Giles St Furnished Free Parking4BR 2 Bathroom4BR,2BA$0.39
Jailhouse & Sheriff's Apartments 176 Main St.Two Bedroom 1.5 Bath2BR,1.5BA$1.13
507-511 Main StTwo Bedroom2BR,1BA$0.83
West Village Apartments3 Beds, 1 bath3BR,1BA$1.23
St. Patrick's ApartmentsSenior 1B1BR,1BA$0.90
Mountain Ridge Townhouses2 Bedroom2BR,1BA$1.35
36 German Cross Rd Utilities Included!1 BR, 1 BA1BR,1BA$1.00
Squire Colony2 Bedroom2BR,1BA$1.31
Country Falls ApartmentsTwo Bedroom2BR,1BA$0.91
Montour Family Apartments1 bedroom 1bath1BR,1BA$1.08

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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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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Best Local Schools in
Waverly, NY

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Remember the 3 Rules of Real Estate:
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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 Commons West listed at $1,395.

How much is rent for a Cheap One Bedroom Waverly Apartment?

The lowest price for a Cheap One Bedroom Waverly Apartment is $785 at Montour Family 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 Country Falls Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Montour Family Apartments and starts from $1,125.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.