Cheap Apartments for Rent in Waverly, VA from $600 (56 Rentals)

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

property at 214 Belvidere St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

3 Bedroom, 1 Bath Home for Rent

Available Now

214 Belvidere St

WaverlyVA23890
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Studio 622
$834 - $1,019
Total Monthly Price

Total Monthly Price

Base Rent
$804 - $989
Required Monthly Fees
$30
Total Monthly Price
$834 - $1,019
Studio to 1 Bedroom Apartments Available Now

Studio 622

622 E Wythe StPetersburg, VA 23803
  • Verified
  • 3D Tour

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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Petersburg ArtistSpace Lofts
$1,011 - $1,444
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$891 - $1,324
Required Monthly Fees
$120
Total Monthly Price
$1,011 - $1,444
Studio to 2 Bedroom Apartments Contact Us For Availability

Petersburg ArtistSpace Lofts

120 Perry StPetersburg, VA 23803
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Low Income
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The Bosco
Rent Specials
$1,015 - $1,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,249
Total Monthly Price
$1,015 - $1,249
1 Bedroom Apartments Available Now

The Bosco

219 E Bank StPetersburg, VA 23803
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
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Woodmere Apartments
$1,018 - $1,915
Total Monthly Price14 Month Lease Term

Total Monthly Price

Base Rent
$1,011 - $1,908
Required Monthly Fees
$7
Total Monthly Price
$1,018 - $1,915
1 to 3 Bedroom Apartments Available Now

Woodmere Apartments

1 Woodmere DrPetersburg, VA 23805
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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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Addison Crater Woods
Rent Specials
$1,091 - $1,748
Total Monthly Price

Total Monthly Price

Base Rent
$1,083 - $1,740
Required Monthly Fees
$8
Total Monthly Price
$1,091 - $1,748
1 to 3 Bedroom Apartments Available Now

Addison Crater Woods

200 Addison WayPetersburg, VA 23805
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Independence Place
Rent Specials
$1,354 - $2,890
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,264 - $2,800
Required Monthly Fees
$90
Total Monthly Price
$1,354 - $2,890
1 to 4 Bedroom Apartments Available Now

Independence Place

5000 Owens WayPrince George, VA 23875
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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Burr Lofts
1 Bedroom Apartments

Burr Lofts

123 Pine StPetersburg, VA 23803
Corporate Housing
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Viva Colina
2 Bedroom Apartments

Viva Colina

1517 Halifax StPetersburg, VA 23803
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Hopewell Lofts
1 to 3 Bedroom Apartments

Hopewell Lofts

1201 W City Point RdHopewell, VA 23860
Corporate Housing

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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property at 15713 S Crater Rd

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

15713 S Crater Rd

PetersburgVA23805
property at 1409 Surry Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

1409 Surry Ave

HopewellVA23860
property at 712 W Washington St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175

2 Bedroom, 1 Bath Townhome for Rent

Available Now

712 W Washington St

PetersburgVA23803
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Pinetree
1 to 3 Bedroom Apartments

Pinetree

3100 Pinetree DrPetersburg, VA 23803
  • Utilities Included
property at 806 Arlington Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

806 Arlington Rd

HopewellVA23860
property at 2906 Maple St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

2906 Maple St

HopewellVA23860
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Bailey's Ridge
2 to 3 Bedroom Apartments

Bailey's Ridge

4750 Baileys Ridge LnPrince George, VA 23875
  • Utilities Included
property at 424 Round Top Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Now

424 Round Top Ave

PetersburgVA23803
property at 507 Hill Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

3 Bedroom, 1 Bath Home for Rent

Available Now

507 Hill Ave

HopewellVA23860

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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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 in the Petersburg neighborhood priced from $731. Studio 622 in the Petersburg neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $834. 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$731
Studio 622STUStudio,1BA$834
Puddledock Place1 Bed, 1 bath1BR,1BA$942
Mill Creek, Mill Pond & Park Ave ApartmentsMill Creek 1 Bed1BR,1BA$950
The Lofts at Union Pen600s - One Bedroom1BR,1BA$995
The Lofts on Market Street600s - One Bedroom1BR,1BA$995
Madison Terrace Apartments2b1b Classic2BR,1BA$999
Webster Court ApartmentsWebster Court2BR,1BA$1,000
The Bosco1BR/1.0BA1BR,1BA$1,015
TANGLEWOOD APARTMENTS1 BEDROOM - SILVER1BR,1BA$1,029

Best Value Apartments for Rent in Waverly, VA and Nearby

As of August 08, 2026 the best value apartment in the Waverly area is the $1.17 price per square foot 3 Beds, 2 baths Model at Cavalier Apartments II in the in the Petersburg neighborhood starting from $1,285. The second greatest value Waverly apartment is the B2 Model at Pinetree starting at $1,185 with a $1.10 price per square foot in the Petersburg 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.
Cavalier Apartments II3 Beds, 2 baths3BR,2BA$1.17
PinetreeB22BR,2BA$1.10
Jesse Lee Apartments3BR3BR,2BA$1.19
Farmingdale TownhousesWilliamsburg2BR,1BA$1.29
Mill Creek, Mill Pond & Park Ave ApartmentsPark Ave 2 Bed2BR,1BA$1.28
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1.19
Liberty Pointe2 Bdrm2BR,1BA$1.23
Webster Court ApartmentsWebster Court2BR,1BA$1.15
The Bosco1BR/1.0BA1BR,1BA$1.22
Puddledock Place1 Bed, 1 bath1BR,1BA$1.26

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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Quick 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.

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

Explore Waverly, VA Rentals by Map

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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 Studio 622 listed at $834.

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

The lowest price for a Cheap One Bedroom Waverly Apartment is $731 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 $999 at Madison Terrace 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 $1,222.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.