Cheap Homes for Rent in Waverly, VA from $700 (9 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Waverly, VA Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, VA is a Studio unit found at Union Flats in the Petersburg Chesterfield neighborhood priced from $730. Perry Street Lofts in the Petersburg Colonial Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $743. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union FlatsStudioStudio,1BA$730
Perry Street LoftsA11BR,1BA$743
Studio 622StudioStudio,1BA$799

Best Value Apartments for Rent in Waverly, VA and Nearby

As of June 08, 2025 the best value apartment in the Waverly area is the $0.90 price per square foot 1BR/1.0BA Model at The Bosco in the in the Petersburg Chesterfield neighborhood starting from $995. The second greatest value Waverly apartment is the 3 Bed 2 Bath Model at Bailey's Ridge starting at $1,375 with a $1.28 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.
The Bosco1BR/1.0BA1BR,1BA$0.90
Bailey's Ridge3 Bed 2 Bath3BR,2BA$1.28
Canterbury Townhomes2 BR Townhouse2BR,1.5BA$1.33
Walnut HillB12BR,2BA$1.32
Aubrey Apartments2b1b2BR,1BA$1.30
Twin RiversHarbor2BR,1BA$1.09
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.01
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Jesse Lee Apartments2BR2BR,2BA$1.08
Puddledock Place II1 Bed, 1 bath1BR,1BA$1.17

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Frequently Asked Questions about Waverly

What type of rentals are currently available in Waverly?

There are currently 40 Apartments for Rent in Waverly, VA with pricing that ranges from $730 to $3,614. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $775 to $2,100.

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 $775 to $2,100 with an average monthly rent of $1,387.

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 $950 to $1,948, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $2,365.

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.