Last updated on October 13, 2026

Average rent in
Waverly, IA

Median rent

Median rent in Waverly

$1,000/mo

decreased by8%

vs previous year

The average rent in Waverly is $1,000 per month as of October 2026. This is 47% below the national average rent, or $900 less per month.

$1.12

average price per square foot

Total rentals

Available rentals in Waverly

11

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Waverly rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

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 increased by 8% over the last month and have decreased by 8% 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 $1,100, whereas a house costs $1,500. 1-bedroom apartments in Waverly run $900 on average, while 2-bedroom apartments are $1,000.

Listings

Studio

$1,190

No Change

3%

1 bedroom

$915

4%

22%

2 bedroom

$1,000

1%

8%

3 bedroom

$1,350

4%

1%

4 bedroom

$1,600

No Change

11%

Studio

Average rent

$1,190

Last year

3%

1 bedroom

Average rent

$915

Last 30 days

4%

Last year

22%

2 bedroom

Average rent

$1,000

Last 30 days

1%

Last year

8%

3 bedroom

Average rent

$1,350

Last 30 days

4%

Last year

1%

4 bedroom

Average rent

$1,600

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

Median rent price$1,000
decreased by47%

lower than the national median

Median rent price$1,200
decreased by37%

lower than the national median

Takeaway

The median rent for all rentals in Waverly, IA is 17% lower than the median rent in Cedar Falls, IA.

Discover rentals in Waverly, IA

807 5th Street Northwest, Unit 1D - Photo 1 of 1

2d ago

7.1

Very good

807 5th Street Northwest, Unit 1D

807 5th St Nw, Waverly, IA 50677

2 beds

1 bath

$750

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Rolling Meadows Apartments - Photo 1 of 1

3d ago

7.8

Very good

Rolling Meadows Apartments

701 16th St Sw, Waverly, IA 50677

1–3 beds

1–2 baths

$800–$975

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Heims Investments; (West Bremer Ave Waverly, IA) - Photo 1 of 1

1d ago

7.7

Very good

Heims Investments; (West Bremer Ave Waverly, IA)

2100 W Bremer Ave, Waverly, IA 50677

3 beds

1 bath

$1,100

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
314 1st Ave Se - Photo 1 of 1

5d+ ago

House for rent in Waverly

3 beds

1.5 baths

$1,275

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,000 per month as of October 10, 2026.

Is rent up or down in Waverly?

Average rent prices in Waverly have increased by 8% over the last month and have decreased by 8% since last year.

How does Waverly rent compare to the national average?

Rent in Waverly is 47% below the national average, which means renters are paying approximately $900 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 $40,000/year, based on spending no more than 30% of your income on rent.

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).

Apartments for rent in Cedar Falls