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Cheap Apartments for Rent in Waverly, MI

31 Rentals Available
Cheap Apartments for Rent in Waverly, MI. 31 Rentals Available
Apartments Under $400 Apartments Under $500 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900

Apartments Under $400

  • a living room with couches and a coffee table
    Today

    414 Michigan Avenue, East Lansing, MI 48823
    1 BED $1,025+
    2 BEDS $390+
    3 BEDS $525+

Apartments Under $500

  • a living room with a pool table and a couch
    Today

    430 Glenmoor Road, East Lansing, MI 48823
    1 BED $465+
    2 BEDS $488+
  • a kitchen with a stove and a sink
    Today

    1250 & 1260 Oakridge Ave., East Lansing, MI 48823
    STUDIO $805
    1 BED $825+
    2 BEDS $490+

  • More Rentals Near Waverly, MI

  • a group of people sitting in a living room watching tv
    Today

    136 Reniger Court, East Lansing, MI 48823
    1 BED $1,075+
    2 BEDS $496+

Apartments Under $600

  • three people sitting on a couch in a living room
    Today

    1040 Trowbridge Road, East Lansing, MI 48823
    STUDIO $1,006+
    1 BED $1,175+
    2 BEDS $556+

Apartments Under $700

  • a living room with a couch and a table
    Today

    1135 Michigan Avenue, East Lansing, MI 48823
    1 BED $1,160+
    4 BEDS $635+

Apartments Under $800

  • the kitchen of an apartment with stainless steel appliances and marble counter tops
    Today

    315 E. Edgewood Blvd, Lansing, MI 48911
    STUDIO $749+
    1 BED $829+
    2 BEDS $969+
  • a kitchen with a red table
    Today

    129 Highland Ave., East Lansing, MI 48823
    STUDIO $755
    1 BED $875+

  • More Rentals Near Waverly, MI

  • a living room with a couch and a table and a fireplace
    Today

    4030 Hartford Road, Lansing, MI 48911
    1 BED $762+
    2 BEDS $1,007+
  • a vase of flowers on a table in a living room
    Today

    2001 West Mount Hope, Lansing, MI 48910
    1 BED $785
    2 BEDS $895
  • a living room with a couch and a tv
    Today

    1031 W. Lake Lansing Road, East Lansing, MI 48823
    1 BED $785+
    2 BEDS $935+
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  • a white house with a tree in front of it
    Today

    2710 Hopkins, Lansing, MI 48912
    STUDIO $795
  • a living room with a couch and a television
    Today

    1710 Barritt St., Lansing, MI 48912
    1 BED $798+
    2 BEDS $886+
  • the living room of an apartment with a couch and a table
    Today

    3120 Holiday Drive, Lansing, MI 48912
    STUDIO $799+
    2 BEDS $1,020+

Apartments Under $900

  • a large brick house with a street in front of it
    Today

    Edgemont St Apts Llc/740 Edgemont Blvd, Lansing, MI 48917
    1 BED $800
    2 BEDS $950
  • a building with a car parked in front of it
    Today

    514 Green Street, Grand Ledge, MI 48837
    1 BED $800

  • More Rentals Near Waverly, MI

  • a living room with green walls and a white rug
    Today

    2601 E. Grand River, Lansing, MI 48912
    1 BED $820+
    2 BEDS $927+
  • a hallway with a carpeted floor in a home with a door to a kitchen
    Today

    2700 Marfitt Rd, E. Lansing, MI 48823
    Income Restricted
    1 BED $830
    2 BEDS $920
  • a kitchen and living room with a table and a refrigerator
    Today

    1028 Chester Rd, Lansing, MI 48912
    1 BED $855+
    2 BEDS $884+
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  • Seville style living room with carpet
    Today

    3001 Trappers Cove Trail, Lansing, MI 48910
    1 BED $884+
    2 BEDS $966+
  • a living room with a couch and a coffee table and a tv
    Today

    2430 Burnt Tree Lane, East Lansing, MI 48823
    1 BED $900+
    2 BEDS $925+
  • a living room filled with furniture and a table with flowers
    Today

    1900 Redbud Lane, Lansing, MI 48917
    1 BED Ask for Pricing
    2 BEDS $970

  • More Rentals Near Waverly, MI

  • a living room with couches and chairs and a television
    Today

    229 Parkwood Dr, Lansing, MI 48917
    1 BED $1,000
    2 BEDS $1,025+
    3 BEDS $1,425+
  • a living room and kitchen with a couch and a table
    Today

    1705 Coolidge Rd., East Lansing, MI 48823
    1 BED $1,048+
    2 BEDS $1,015+
  • a living room with a dining room table and a kitchen
    Today

    410 Pine Forest Dr, East Lansing, MI 48823
    1 BED $1,081
    2 BEDS $1,440+
    3 BEDS Ask for Pricing
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Getting around in Waverly, MI

60 /100
Somewhat Walkable
49 /100
Somewhat Bikeable
Walk Score®: 60, Bike Score®: 49

Frequently asked questions

What is the price of a cheap apartment in Waverly, MI?

The price range of a cheap apartment is between $1,425 and $1,445.

How many cheap rentals are available in Waverly, MI on RentCafe?

There are 7 cheap rentals available on RentCafe. Prices and availability in Waverly, MI were last updated on 21 Feb 2026.

What is the average size of a cheap apartment in Waverly, MI?

The average Waverly, MI cheap apartment size is 836 sq. ft.

What are the advantages of renting a cheap apartment in Waverly, MI?

Cheap apartments in Waverly, MI are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Waverly, MI?

A cheap apartment in Waverly, MI offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Waverly, MI? With RentCafe, finding an affordable apartment in Waverly, MI has never been easier. We feature 31 low-priced rentals directly from property managers, with rents lower than the Waverly, MI average. What is a cheap rent in Waverly, MI? The average apartment rent in Waverly is $1,257 per month so any rental south of $1,005 would be considered cheap here. On RentCafe, Waverly, MI rents go as low as $390/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!