Newest Homes for Rent in Waverly, IA

/35
Starting at $1,660 Per Month
- 2 - 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

1200 Leitha Terrace, Waverly, IA 50677
Explore Waverly
/20
Starting at $975 Per Month
- 3 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

701 16th St SW, 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
/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
/22
$725

Total Monthly Price
- 4 Beds
- 2 Baths
- 1,650 Sq Ft
- House for Rent
108 5th St NE Unit Bed 1, 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 Unit Bed 1, Waverly, IA 50677
/9
$950 Per Month
- 2 Beds
- 1 Bath
- 700 Sq Ft
- Condo for Rent
92 5th Ave NW Unit 3, Waverly, IA 50677

Property Id: 2004667Totally Remodeled 2 Bed / 1 Bath Apartment in Prime Waverly Location!This beautifully updated 2-bedroom, 1-bath apartment offers modern living in a quiet, convenient neighborhood just minutes from everything Waverly has to offer. Located at the end of a peaceful dead-end street, this unit features a completely remodeled interior with an open-concept kitchen and

92 5th Ave NW Unit 3, Waverly, IA 50677

Iowa Bremer County Waverly

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 $862 per month, though prices vary by neighborhood, size, and property type. As of July 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 $34,480 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 $862 per month in Waverly, IA, renters typically need to show $2,586 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.

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 Gates Park, Common Grounds, Walnut, Church Row and Cedar River, each with its own character and price range.

Rental Trends in Waverly, IA

There are currently 6 homes available for rent in Waverly, IA. The median rent is $862 per month, with single-family homes renting at $775 and condos at $950.

Rental Home Trends

Number of Homes for Rent 6	Median Rent $862
Median Single Family Home Rent $775	Median Condo Rent $950

How to Rent a Home

Rentals in Waverly

Waverly Apartments for Rent

Homes for Rent by Bedrooms in Waverly

3 Bedroom Homes for Rent in Waverly

More About Living in Waverly

Homes for Rent in Nearby Neighborhoods

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