
Cheap Apartments for Rent in Waverly, TN from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.


105 Walnut Street

PARK VILLAGE OF PARIS

The Grove on Spring

Riverwalk 803

The Penn Warren

Madison Ridge Apartments

Cumberland Ridge
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.

Walnut Street Apartments

Fox Creek

Northwoods Apartments

Regency Square Apartments

Crossland Place

Retreat at Concord

The Villas at Walnut

Hunter Chase
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.

The Bluffs over Cumberland

Gracey Court &The Phoenix

Amberjack Court Townhomes

Golden Age Apartments

Mason Court Apartments

229 E. Johnson Circle

The Madison at 12th

The Landings at Riverside
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.

Total Monthly Price
Peachers Point

The Park at Beasley

Avondale Park

The Flats at Lancaster

Harpeth Trace

Post Edge

The Lofts of Clarksville

Easton Village
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.

Old Towne Commons

Oliver Crossing

248 Caldwell Ln

Cumberland Commons

3416 Tarsus Rd

Dickson Duplex

1655 Evans Rd

921 Kingsbury Dr
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.
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 | $1,112 | $750 | $1,570 |
| Waverly 2 Bedroom Apartments | $1,334 | $785 | $1,801 |
| Waverly 3 Bedroom Apartments | $1,486 | $735 | $1,850 |
| Waverly 4 Bedroom Apartments | $1,813 | $1,195 | $1,898 |
Browse Top Apartments in Waverly
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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 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 |
| The Grove on Spring | 1 Bed 1 Bath | 1BR,1BA | $795 |
| Riverwalk 803 | Studio | Studio,1BA | $799 |
| Northwoods Apartments | 2 Bedroom | 2BR,1BA | $899 |
| Regency Square Apartments | L98 | 1BR,1BA | $920 |
| Crossland Place | 2 Bedroom | 2BR,2BA | $925 |
| Retreat at Concord | Garden | 2BR,1BA | $925 |
| The Villas at Walnut | 1 Bedroom, 1 Bath | 1BR,1BA | $929 |
| The Penn Warren | 1 Bedroom | 1BR,1BA | $955 |
Best Value Apartments for Rent in Waverly, TN and Nearby
As of June 17, 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 Downtown Clarksville neighborhood starting from $1,470. The second greatest value Waverly apartment is the A Model at Martin Street Villas starting at $1,500 with a $1.15 price per square foot in the Downtown Clarksville 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 |
| Martin Street Villas | A | 2BR,2.5BA | $1.15 |
| 767 Monroe St | Unit A | 3BR,1.5BA | $1.06 |
| Easton Village | Easton Village - With Storage | 2BR,2.5BA | $1.09 |
| Post Edge | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.10 |
| Crossland Place | 2 Bedroom | 2BR,2BA | $0.89 |
| University Landing | 2x2 | 2BR,2BA | $0.82 |
| Northwoods Apartments | 2 Bedroom | 2BR,1BA | $1.04 |
| Retreat at Concord | Garden | 2BR,1BA | $1.16 |
| 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.
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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.
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 $786 at PARK VILLAGE OF PARIS.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.