Bedroom count
Property type
Last updated on August 28, 2026
Average rent in
Waverly, IA
Average rent in
Last updated on August 28, 2026
Bedroom count
Property type
Median rent
Median rent in Waverly
$1,150/mo
11%vs previous year
The average rent in Waverly is $1,150 per month as of August 2026. This is 40% below the national average rent, or $775 less per month.
average price per square foot
Total rentals
Available rentals in Waverly
10
for rent on Zumper.com as of August 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 26% over the last month and have increased by 11% 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 $1,190, whereas a house costs $1,350. 1-bedroom apartments in Waverly run $895 on average, while 2-bedroom apartments are $1,200.
Listings | ||||
|---|---|---|---|---|
Studio | $1,190 | No Change |  5% | |
1 bedroom | $825 | 7% | 24% | |
2 bedroom | $1,100 | 1% | 5% | |
3 bedroom | $1,275 | 4% | 3% | |
4 bedroom | $1,600 | 1% | - |
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 | $1,190 | 1% | No Change | |
Condos | $1,162 | 3% | No Change | |
Houses | $1,350 | 15% | No Change |
Studio
Average rent
$1,190
Last year
5%
1 bedroom
Average rent
$825
Last 30 days
7%
Last year
24%
2 bedroom
Average rent
$1,100
Last 30 days
1%
Last year
5%
3 bedroom
Average rent
$1,275
Last 30 days
4%
Last year
3%
4 bedroom
Average rent
$1,600
Last 30 days
1%
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
$1,190
Last 30 days
1%
Condos
Average rent
$1,162
Last 30 days
3%
Houses
Average rent
$1,350
Last 30 days
15%
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
40%lower than the national median
38%lower than the national median
Takeaway
The median rent for all rentals in Waverly, IA is 4% lower than the median rent in Cedar Falls, IA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,200
1%$1,125
17%$1,000
12%$999
$837
9%$850
$835
$895
21%$800
6%$1,340
90%$1,315
$750
Discover rentals in Waverly, IA
5d+ ago
807 5th St Nw, Waverly, IA 50677
2 beds
1 bath
$750
Condo for rent
Available Aug 28
14h ago
701 16th St Sw, Waverly, IA 50677
1–3 beds
1–2 baths
$800–$975
Apartment for rent
22m ago
Apartment for rent in Waverly
702 702 - 740 River Park Dr., Waverly, IA 50677
2 beds
1 bath
$850
Apartment for rent
5d+ ago
Condo for rent in Waverly
2 beds
1 bath
$925
Condo for rent
2d ago
Verified
1260 Leitha Ter, Waverly, IA 50677
2–3 beds
2 baths
$1,700–$1,800
Apartment for rent
2d ago
Verified
2103 4th St Sw, Waverly, IA 50677
2–3 beds
2 baths
$1,690–$1,790
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
2113 4th St Sw, Waverly, IA 50677
2 beds
2 baths
$1,500
Apartment for rent
2d ago
Verified
1260 Leitha Ter, Waverly, IA 50677
2–3 beds
2 baths
$1,700–$1,800
Apartment for rent
2d ago
Verified
2103 4th St Sw, Waverly, IA 50677
2–3 beds
2 baths
$1,690–$1,790
Apartment for rent
14h ago
701 16th St Sw, Waverly, IA 50677
1–3 beds
1–2 baths
$800–$975
Apartment for rent
1d ago
Verified
2113 4th St Sw, Waverly, IA 50677
2 beds
2 baths
$1,500
Apartment for rent
2d ago
Verified
1260 Leitha Ter, Waverly, IA 50677
2–3 beds
2 baths
$1,700–$1,800
Apartment for rent
2d ago
Verified
2103 4th St Sw, Waverly, IA 50677
2–3 beds
2 baths
$1,690–$1,790
Apartment for rent
6h ago
806 7th Ave Nw, Waverly, IA 50677
4 beds
2 baths
$1,500
Condo for rent
Available Aug 28
5d+ ago
Condo for rent in Waverly
2 beds
1 bath
$925
Condo for rent
14h ago
701 16th St Sw, Waverly, IA 50677
2–3 beds
1–2 baths
$850–$975
Apartment for rent
3d ago
210 15th St Nw, Waverly, IA 50677
1 bed
1 bath
$607
Apartment for rent
5d+ ago
2100 W Bremer Ave, Waverly, IA 50677
3 beds
1 bath
$1,100
Apartment for rent
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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 $1,150 per month as of August 22, 2026.
Is rent up or down in Waverly?
Average rent prices in Waverly have decreased by 26% over the last month and have increased by 11% since last year.
How does Waverly rent compare to the national average?
Rent in Waverly is 40% below the national average, which means renters are paying approximately $775 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 $46,000/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).