Waverly, IA Condos for Rent

/5
$650

Total Monthly Price
- 2 Beds
- 1 Bath
- 700 Sq Ft
- Condo for Rent
807 5th St NW Unit 2B, Waverly, IA 50677

2 bed 1 bath apart. 2nd Floor unit so a quiet deck to the outdoors. Very clean & very quiet building. Central A/C. Coin operated laundry in building. No pets, No smoking. 1 yr lease.

807 5th St NW Unit 2B, Waverly, IA 50677
Explore Waverly
/6
$925 Per Month
- 2 Beds
- 1 Bath
- 700 Sq Ft
- Two Bedroom 1 Bathroom Condo
806 Cedar River Dr NW, Waverly, IA 50677

Discover this 2-bedroom, 1-bath duplex in Waverly, IA, featuring a detached garage and a small dining room that overlooks the kitchen—ideal for casual dining. The layout offers straightforward living space with bedrooms separated from the main living areas for added privacy. Conveniently located in Waverly, this property provides practical functionality and simple maintenance. Contact us to

806 Cedar River Dr NW, Waverly, IA 50677
/12
$895 Per Month
- 1 Bed
- 1 Bath
- 650 Sq Ft
- Modern 1 Bedroom! AVAILABLE NOW!
125-127 1st St SE Unit 125, Waverly, IA 50677

Enjoy the charm of downtown living in this 1-bedroom, 1-bath apartment located in the heart of Waverly. This inviting apartment offers a comfortable layout with a lot light and is just steps from local shops, restaurants, parks, and everything downtown has to offer! Features:* 1 Bedroom* 1 Bathroom* Bright, open living space* Convenient downtown location* Snow

125-127 1st St SE Unit 125, Waverly, IA 50677

Iowa Bremer County

Frequently Asked Questions

How much does it cost to rent a condo in Waverly, IA?

The median rent for a condo in Waverly, IA is $910 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.

How much do you need to make to afford rent in Waverly, IA?

To comfortably afford the median rent in Waverly, IA, a household needs to earn roughly $35,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $895 per month in Waverly, IA, renters typically need to show $2,685 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Waverly, IA?

In Waverly, IA, the price-to-rent ratio is 25.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Waverly, IA

There are currently 3 condos available for rent in Waverly, IA. The median rent is $910 per month, with 1-bedroom condos renting at $895 and 2-bedroom condos at $925.

Rental Home Trends

Number of Condos for Rent 3	Median Condo Rent $910
Median 1 Bedroom Condo Rent $895	Median 2 Bedroom Condo Rent $925

How to Rent a Home

Rentals in Waverly

Condos for Rent by Bedrooms in Waverly

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