2950 Travis Ln
PetersburgVA23803
Cheap Homes for Rent in Waverly, VA from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Waverly.
913 Priam St
PetersburgVA23803
2400 Oaklawn Blvd
HopewellVA23860
3807 Woodlawn St
HopewellVA23860
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.
4422 Baxter Rd
Prince GeorgeVA23875
712 W Washington St
PetersburgVA23803
1814 East Blvd
PetersburgVA23805
13184 Longevity Rd
Stony CreekVA23882
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
Washington Dulles International Airport by Joe Ravi is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly 2 Bedroom Homes for Rent | $1,355 | $925 | $1,800 |
| Waverly 3 Bedroom Homes for Rent | $1,924 | $1,295 | $3,300 |
| Waverly 4 Bedroom Homes for Rent | $2,445 | $1,800 | $2,950 |
| Waverly 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Waverly
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Waverly, VA Local Guide
- Nearby Cities
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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 $731. Union Flats in the Petersburg Chesterfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Waverly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cavalier Apartments II | 1 Bed, 1 bath | 1BR,1BA | $731 |
| Union Flats | One Bedroom One Bathroom | 1BR,1BA | $775 |
| Studio 622 | STU | Studio,1BA | $839 |
Best Value Apartments for Rent in Waverly, VA and Nearby
As of June 19, 2026 the best value apartment in the Waverly area is the $1.05 price per square foot 2X2 Model at IVY Gates in the starting from $1,435. The second greatest value Waverly apartment is the 3 Beds, 2 baths Model at Cavalier Apartments II starting at $1,285 with a $1.17 price per square foot . 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. |
|---|---|---|---|
| IVY Gates | 2X2 | 2BR,2BA | $1.05 |
| Cavalier Apartments II | 3 Beds, 2 baths | 3BR,2BA | $1.17 |
| Pinetree | B2 | 2BR,2BA | $1.10 |
| Walnut Hill | B1 | 2BR,2BA | $1.32 |
| Mill Creek, Mill Pond & Park Ave Apartments | Park Ave 2 Bed | 2BR,1BA | $1.28 |
| Cavalier Senior Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.19 |
| Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $1.19 |
| Liberty Pointe | 2 Bdrm | 2BR,1BA | $1.23 |
| The Bosco | 1BR/1.0BA | 1BR,1BA | $1.22 |
| Puddledock Place | 1 Bed, 1 bath | 1BR,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.
Read Article
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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Frequently Asked Questions about Waverly
What type of rentals are currently available in Waverly?
There are currently 50 Apartments for Rent in Waverly, VA with pricing that ranges from $690 to $3,755. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $700 to $3,300.
What is the current price range for Rental Homes in Waverly?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waverly ranges from $700 to $3,300 with an average monthly rent of $1,837.
How much are larger Three and Four Bedroom Rentals in Waverly?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waverly range from $1,222 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $3,255.
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
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.
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.