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

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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.

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.

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

Best Value Apartments for Rent in Waverly, VA and Nearby

As of September 08, 2025 the best value apartment in the Waverly area is the $1.15 price per square foot 1 Bed 1 Bath Model at Odd Fellows Building in the in the Petersburg Chesterfield neighborhood starting from $1,180. The second greatest value Waverly apartment is the B1 Model at Pinetree starting at $1,187 with a $1.19 price per square foot . 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.
Odd Fellows Building1 Bed 1 Bath1BR,1BA$1.15
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
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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Frequently Asked Questions about Waverly

What type of rentals are currently available in Waverly?

There are currently 46 Apartments for Rent in Waverly, VA with pricing that ranges from $683 to $2,592. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly ranging from $750 to $3,200.

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 $750 to $3,200 with an average monthly rent of $1,522.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.