Cheap Apartments for Rent in Waverly, VA from $600 (42 Rentals)

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

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Freedman Point
2 to 3 Bedroom Apartments

Freedman Point

315 E Cawson StHopewell, VA 23860
  • Utilities Included
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Pinetree
1 to 3 Bedroom Apartments

Pinetree

3100 Pinetree DrPetersburg, VA 23803
  • Utilities Included

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Waverly, VA Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, VA is a 1 Bed unit found at Cavalier Apartments II priced from $683. Studio 622 in the Old Towne Petersburg neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cavalier Apartments II1 Bed, 1 bath1BR,1BA$683
Studio 622StudioStudio,1BA$749
Union FlatsOne Bedroom One Bathroom1BR,1BA$825
Burr Lofts1BD; 1BTH1BR,1BA$895
Jesse Lee Apartments2BR2BR,2BA$899
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$909
Elora Gardens at PetersburgOne Bedroom1BR,1BA$936
Puddledock Place1 Bed, 1 bath1BR,1BA$942
Tanglewood ApartmentsShirley Classic1BR,1BA$975
The Lofts at Union Pen600s - One Bedroom1BR,1BA$995

Best Value Apartments for Rent in Waverly, VA and Nearby

As of September 09, 2025 the best value apartment in the Waverly area is the $1.19 price per square foot B1 Model at Pinetree in the starting from $1,187. The second greatest value Waverly apartment is the 2 Bed 2 Bath Model at Bailey's Ridge starting at $1,215 with a $1.24 price per square foot in the Petersburg Prince George 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.
PinetreeB12BR,2BA$1.19
Bailey's Ridge2 Bed 2 Bath2BR,2BA$1.24
Cavalier Apartments II2 Beds, 2 baths2BR,2BA$1.08
Aubrey Apartments2b1b2BR,1BA$1.23
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.01
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Jesse Lee Apartments2BR2BR,2BA$1.08
Madison Terrace Apartments2b1b Classic2BR,1BA$1.20
Elora Gardens at PetersburgOne Bedroom1BR,1BA$1.24
Puddledock Place1 Bed, 1 bath1BR,1BA$1.26

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

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Getting Around Waverly, VA

Walk Score®

21 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Studio 622 listed at $749.

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

The lowest price for a Cheap One Bedroom Waverly Apartment is $683 at Cavalier Apartments II.

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 $899 at Jesse Lee Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Jesse Lee Apartments and starts from $1,020.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.

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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.

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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.