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Newest Homes for Rent in Waverly, IA

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  • 1200 Leitha Terrace, Waverly, IA 50677
    1200 Leitha Terrace, Waverly, IA 50677
    1200 Leitha Terrace, Waverly, IA 50677
    /35

    Starting at $1,720 Per Month

    • 3 Beds

    1200 Leitha Terrace, Waverly, IA 50677

    *First month FREE for new leases starting before 2/1/2026*Why your next home should be at Pinnacle Villages!- New apartments located in Waverly, Iowa- Private balcony / patio- Ideal for young professionals or families new to the area- Two car attached garage on every unit!- Free access to Prairie Links Pool - Free golf membership at Prairie Links Golf Course

    Pinnacle Villages - Waverly

    (319) 984-1042

    1200 Leitha Terrace, Waverly, IA 50677
  • 701 16th St SW, Waverly, IA 50677
    701 16th St SW, Waverly, IA 50677
    701 16th St SW, Waverly, IA 50677
    /20

    Starting at $850 Per Month

    • 2 Beds

    701 16th St SW, Waverly, IA 50677

    Find your perfect home at Rolling Meadows, where comfort, convenience, and a welcoming community come together. Whether you're a student, young professional, or simply looking for a peaceful place to live, Rolling Meadows offers everything you need to feel right at home.Features You'll Appreciate:-Just minutes from Wartburg College- ideal for students and staff-Garages

    Rolling Meadows Apartments

    (319) 984-1946

    701 16th St SW, Waverly, IA 50677
  • 806 7th Ave NW, Waverly, IA 50677
    806 7th Ave NW, Waverly, IA 50677
    806 7th Ave NW, Waverly, IA 50677
    /7

    $1,500 Per Month

    • 4 Beds
    • 2 Baths
    • Townhouse for Rent

    806 7th Ave NW, Waverly, IA 50677

    This updated 4 bedroom 2 bath condo has it all with updated kitchen, 2 updated baths, new flooring, new paint throughout. The home has single attached garage as well as additional parking, slider off of dining room that leads you out to a nice deck and rear yard. Welcome to Unit #2 at 806 7th Ave NW in Waverly, IA, a spacious duplex offering comfort and convenience. This well-appointed unit

    806 7th Ave NW, Waverly, IA 50677
  • 422 5th St NW, Waverly, IA 50677
    422 5th St NW, Waverly, IA 50677
    422 5th St NW, Waverly, IA 50677
    /10

    $1,700 Per Month

    • 5 Beds
    • 3 Baths
    • House for Rent

    422 5th St NW, Waverly, IA 50677

    5 Bedrooms3 BathroomsDetached garageLarge Corner LotWalking distance to WartburgPerfect for a large family or group of college students 5 Bedrooms3 BathroomsDetached garageLarge Corner LotWalking distance to WartburgPerfect for a large family or group of college students

    422 5th St NW, Waverly, IA 50677
  • 802 2nd St NW, Waverly, IA 50677
    802 2nd St NW, Waverly, IA 50677
    802 2nd St NW, Waverly, IA 50677
    /11

    $1,490 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    802 2nd St NW, Waverly, IA 50677

    3 Bedroom / 1 BathroomAttached 2 Car GarageLaundry in BasementNo Pets

    802 2nd St NW, Waverly, IA 50677
  • 108 5th St NE, Waverly, IA 50677
    108 5th St NE, Waverly, IA 50677
    108 5th St NE, Waverly, IA 50677
    /23

    $725

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • House for Rent

    108 5th St NE, Waverly, IA 50677

    Comfortable Furnished Room In A Welcoming Waverly HomeSettle into a private, fully furnished bedroom in a two-story home thoughtfully set up for comfort. Your room includes a cozy bed, dresser, and closet space, with plenty of natural light to make it feel like home. Central air and heating keep things comfortable year-round, and you'll have access to shared spaces including the kitchen,

    108 5th St NE, Waverly, IA 50677
  • 108 5th St NE, Waverly, IA 50677
    108 5th St NE, Waverly, IA 50677
    108 5th St NE, Waverly, IA 50677
    /23

    $725

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • House for Rent

    108 5th St NE, Waverly, IA 50677

    Comfortable Furnished Room In A Welcoming Waverly HomeSettle into a private, fully furnished bedroom in a two-story home thoughtfully set up for comfort. Your room includes a cozy bed, dresser, and closet space, with plenty of natural light to make it feel like home. Central air and heating keep things comfortable year-round, and you'll have access to shared spaces including the kitchen,

    108 5th St NE, Waverly, IA 50677
Iowa Bremer County Waverly

Newest Homes for Rent in Waverly, IA

Frequently Asked Questions

How much does it cost to rent a home in Waverly, IA?
The median rent for a home in Waverly, IA is $750 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes 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 $30,000 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 $750 per month in Waverly, IA, renters typically need to show $2,250 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 28.8, 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.
What neighborhoods in Waverly, IA are best for renting a home?
The best neighborhood for renting in Waverly, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Common Grounds, Church Row, Cedar River, Northeast Side and Neighbors Helping Neighbors, each with its own character and price range.

Rental Home Trends in Waverly, IA

There are currently 7 homes available for rent in Waverly, IA. The median rent is $750 per month, with single-family homes renting at $775 and condos at $575.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$750
Median Single Family Home Rent
$775
Median Condo Rent
$575
How to Rent a Home

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