
Cheap Apartments for Rent in Waverly, TN from $500 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.


105 Walnut Street

Lakeside Manor Apartments

The Grove on Spring

Riverwalk 803

The Penn Warren

Madison Ridge Apartments

Fox Creek

Northwoods Apartments

Avondale Park
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.

Regency Square Apartments

Crossland Place

Retreat at Concord

Cumberland Ridge

The Bluffs over Cumberland

Gracey Court &The Phoenix

Golden Age Apartments

Sunny Ridge Apartments

Mason Court Apartments

229 E. Johnson Circle
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.

The Landings at Riverside

Park at Beasley

The Flats at Lancaster

Harpeth Trace

Post Edge

The Lofts of Clarksville

Easton Village

White Oak Apartments

East Forest Park

Breeze Crossing
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.

Parc Fairview

Lotus Apartments at Peachers Mill

Old Towne Commons

35 Point Pleasant Rd

PARK VILLAGE OF PARIS

110 Bennett Drive

745 Barren Hollow Rd

The Villas at Walnut

Hunter Chase

Dickson Duplex
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.

The Madison at 12th

Amberjack Court Townhomes

Peachers Point

1655 Evans Rd

1115 Hillwood Dr

152 Meadow Ln

Golf Club Ln - 1625

767 Monroe St

Spring St. Townhomes

827 Cumberland Dr
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.
Waverly, TN Local Guide

How much does it cost to rent an apartment in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Studio Apartments | $806 | $799 | $1,145 |
| Waverly 1 Bedroom Apartments | $1,099 | $750 | $1,514 |
| Waverly 2 Bedroom Apartments | $1,333 | $750 | $1,850 |
| Waverly 3 Bedroom Apartments | $1,457 | $735 | $1,850 |
| Waverly 4 Bedroom Apartments | $1,598 | $1,195 | $1,898 |
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Waverly, TN Local Guide
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Cheapest Available Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in Waverly, TN is a 3 Beds unit found at MAIN608 in the Downtown Clarksville neighborhood priced from $735. 105 Walnut Street in the Clarksville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MAIN608 | C1 | 3BR,3BA | $735 |
| 105 Walnut Street | 1BR/1.0BA | 1BR,1BA | $750 |
| Lakeside Manor Apartments | 2 Bedroom | 2BR,1BA | $750 |
| PARK VILLAGE OF PARIS | 2 Bedroom 1 Bathroom | 2BR,1BA | $786 |
| The Grove on Spring | 1 Bed 1 Bath | 1BR,1BA | $795 |
| Riverwalk 803 | Studio | Studio,1BA | $799 |
| Fox Creek | 2BR/1.5BA | 2BR,1BA | $895 |
| Avondale Park | 2 Beds, 1 Baths | 2BR,1BA | $899 |
| Northwoods Apartments | 2 Bedroom | 2BR,1BA | $899 |
| Regency Square Apartments | L98 | 1BR,1BA | $920 |
Best Value Apartments for Rent in Waverly, TN and Nearby
As of August 02, 2026 the best value apartment in the Waverly area is the $1.04 price per square foot The Dunbar Model at Cumberland Ridge in the in the Clarksville neighborhood starting from $1,470. The second greatest value Waverly apartment is the 3BR/1BA Flat Model at Sunny Ridge Apartments starting at $1,245 with a $1.07 price per square foot in the Dickson County 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. |
|---|---|---|---|
| Cumberland Ridge | The Dunbar | 3BR,2BA | $1.04 |
| Sunny Ridge Apartments | 3BR/1BA Flat | 3BR,1BA | $1.07 |
| PARK VILLAGE OF PARIS | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.03 |
| Easton Village | Easton Village - With Storage | 2BR,2.5BA | $1.09 |
| 1655 Evans Rd | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.10 |
| Crossland Place | 2 Bedroom | 2BR,2BA | $0.89 |
| Fox Creek | 2BR/1.5BA | 2BR,1.5BA | $0.87 |
| Northwoods Apartments | 2 Bedroom | 2BR,1BA | $1.04 |
| Lakeside Manor Apartments | 2 Bedroom | 2BR,1BA | $0.96 |
| 105 Walnut Street | 1BR/1.0BA | 1BR,1BA | $1.02 |
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.
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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waverly, TN Rentals by Map
See the most popular apartments and homes in Waverly, TN
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 Riverwalk 803 listed at $799.
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $750 at 105 Walnut Street.
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 $750 at Lakeside Manor Apartments.
What is the most affordable Waverly Three Bedroom Apartment?
The best deal on a cheap Waverly Three Bedroom Apartment rental is at MAIN608 and starts from $735.
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.

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.

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.

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.