Bedroom count
Property type
Last updated on May 15, 2026
Average rent in
Waverly, IA
Average rent in
Last updated on May 15, 2026
Bedroom count
Property type
Median rent
Median rent in Waverly
$1,200/mo
2%vs previous year
The average rent in Waverly is $1,200 per month as of May 2026. This is 38% below the national average rent, or $750 less per month.
average price per square foot
Total rentals
Available rentals in Waverly
13
for rent on Zumper.com as of May 2026
Rent price distribution
Share of Waverly rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Waverly, IA, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Waverly, IA
Average rent prices in Waverly have decreased by 18% over the last month and have increased by 2% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Waverly, IA
Rent prices in Waverly vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waverly is $1,120, whereas a house costs $1,500. 1-bedroom apartments in Waverly run $900 on average, while 2-bedroom apartments are $975.
Listings | ||||
|---|---|---|---|---|
Studio | $1,190 | 66% |  9% | |
1 bedroom | $1,325 | 20% | 20% | |
2 bedroom | $1,050 | 9% | 10% | |
3 bedroom | $1,300 | 4% | 10% | |
4 bedroom | $1,550 | No Change | 2% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Waverly, IA.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,120 | 6% | No Change | |
Condos | $750 | No Change | - | |
Houses | $1,500 | 3% | 11% |
Studio
Average rent
$1,190
Last 30 days
66%
Last year
9%
1 bedroom
Average rent
$1,325
Last 30 days
20%
Last year
20%
2 bedroom
Average rent
$1,050
Last 30 days
9%
Last year
10%
3 bedroom
Average rent
$1,300
Last 30 days
4%
Last year
10%
4 bedroom
Average rent
$1,550
Last 30 days
No Change
Last year
2%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Waverly, IA.
Apartments
Average rent
$1,120
Last 30 days
6%
Condos
Average rent
$750
Houses
Average rent
$1,500
Last 30 days
3%
Last year
11%
The table above reflects average rent prices in Waverly, IA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Waverly, IA compare to other cities?
Compare median rent prices in Waverly and Cedar Falls by all bedroom counts and property types.
Waverly
38%lower than the national median
38%lower than the national median
Takeaway
The median rent for all rentals in Waverly, IA is equal to the median rent in Cedar Falls, IA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,200
1%$837
30%$950
2%$1,050
$995
12%$825
35%$1,200
$1,000
19%$860
13%$1,000
45%$1,330
$650
Discover rentals in Waverly, IA
5d+ ago
807 5th St Nw, Waverly, IA 50677
2 beds
1 bath
$750
Condo for rent
Available May 15
6h ago
702 702 - 740 River Park Dr., Waverly, IA 50677
2 beds
1 bath
$800
Apartment for rent
5d+ ago
Apartment for rent in Waverly
818 5th St Nw #4, Waverly, IA 50677
2 beds
1 bath
$800
Apartment for rent
Available Jun 1
2d ago
402 16th St Sw, Waverly, IA 50677
2 beds
1 bath
$900
Apartment for rent
1d ago
Verified
90 E Bremer Ave, Waverly, IA 50677
Studio–2 beds
1 bath
$1,120–$1,600
Apartment for rent
1d ago
Verified
2113 4th St Sw, Waverly, IA 50677
2 beds
2 baths
$1,500
Apartment for rent
11h ago
3303 E Bremer Ave, Waverly, IA 50677
1 bed
1 bath
$900
Apartment for rent
11h ago
210 15th St Nw, Waverly, IA 50677
Studio–1 bed
1 bath
$484–$607
Apartment for rent
1d ago
Verified
2113 4th St Sw, Waverly, IA 50677
2 beds
2 baths
$1,500
Apartment for rent
1d ago
Verified
90 E Bremer Ave, Waverly, IA 50677
Studio–2 beds
1 bath
$1,120–$1,600
Apartment for rent
1d ago
Verified
1260 Leitha Ter, Waverly, IA 50677
3 beds
2 baths
$1,720
Apartment for rent
3d ago
Verified
2103 4th St Sw, Waverly, IA 50677
3 beds
2 baths
$1,675
Apartment for rent
3d ago
Verified
2103 4th St Sw, Waverly, IA 50677
3 beds
2 baths
$1,675
Apartment for rent
1d ago
Verified
2113 4th St Sw, Waverly, IA 50677
2 beds
2 baths
$1,500
Apartment for rent
1d ago
Verified
90 E Bremer Ave, Waverly, IA 50677
Studio–2 beds
1 bath
$1,120–$1,600
Apartment for rent
1d ago
Verified
1260 Leitha Ter, Waverly, IA 50677
3 beds
2 baths
$1,720
Apartment for rent
6h ago
702 702 - 740 River Park Dr., Waverly, IA 50677
2 beds
1 bath
$800
Apartment for rent
11h ago
3303 E Bremer Ave, Waverly, IA 50677
1 bed
1 bath
$900
Apartment for rent
2d ago
402 16th St Sw, Waverly, IA 50677
2 beds
1 bath
$900
Apartment for rent
5d+ ago
Apartment for rent in Waverly
818 5th St Nw #4, Waverly, IA 50677
2 beds
1 bath
$800
Apartment for rent
Available Jun 1
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Frequently asked questions for Waverly, IA
Quick answers to common questions about the Waverly rental market.
How much is rent in Waverly?
The average rent in Waverly is $1,200 per month as of May 9, 2026.
Is rent up or down in Waverly?
Average rent prices in Waverly have decreased by 18% over the last month and have increased by 2% since last year.
How does Waverly rent compare to the national average?
Rent in Waverly is 38% below the national average, which means renters are paying approximately $750 less per month.
What salary do I need to afford rent in Waverly?
To comfortably afford rent in Waverly, you'd need to earn approximately $48,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Waverly?
The average rent for a 1-bedroom apartment in Waverly, IA is $922, while a 2-bedroom apartment averages $1,382.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).