Cheap Apartments for Rent in Waverly, WA from $600 (16 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.

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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.

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Cheney Park Commons
Studio to 2 Bedroom Apartments

Cheney Park Commons

1026 W 1st StCheney, WA 99004
  • Utilities Included

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.

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Waverly, WA Local Guide

Cheapest Available Waverly Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waverly, WA is a 2 Beds unit found at Parkview Apartments priced from $200. School House Lofts has the second lowest priced unit, which is a 4 Beds apartment currently listed from $610. Here is today’s list of the most affordable Waverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkview Apartments2bd2BR,1BA$200
School House Lofts4 Bed Suite - No Window4BR,2BA$610
1409-1425 2nd Street StudioStudio, 1 bathStudio,1BA$800
Willow Wood Village1 Bedroom1BR,1BA$925
Salnave GlenStudio, 1 bathStudio,1BA$950

Best Value Apartments for Rent in Waverly, WA and Nearby

As of January 13, 2026 the best value apartment in the Waverly area is the $1.21 price per square foot 2 Bedroom Model at Summit Ridge Apartments in the in the Moran Prairie neighborhood starting from $1,257. The second greatest value Waverly apartment is the Duchess Model at Regal Heights starting at $1,350 with a $1.35 price per square foot in the Moran Prairie 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.
Summit Ridge Apartments2 Bedroom2BR,2BA$1.21
Regal HeightsDuchess2BR,2BA$1.35
The Grove at Cheney2BR/2BA - Upgraded2BR,2BA$0.86
Rock Springs Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.45
Barrington Place Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.41
Copper Hill2 Bed 1 Bath Crosby2BR,1BA$1.46
Talsman Apartments2 Bedroom2BR,1BA$1.39
The Benjamin Lofts2 BD / 2 BA2BR,2BA$1.15
Boulder Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.43
Parkview Apartments2bd2BR,1BA$0.34

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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!

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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 1409-1425 2nd Street Studio listed at $800.

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

The lowest price for a Cheap One Bedroom Waverly Apartment is $925 at Willow Wood Village.

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 $200 at Parkview Apartments.

What is the most affordable Waverly Three Bedroom Apartment?

The best deal on a cheap Waverly Three Bedroom Apartment rental is at Summit Ridge Apartments and starts from $1,280.

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!