What's the average rent in Waverly, IA?
Rental Market Trends in Waverly, IA
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Waverly, IA is $1,150 per month, which is 40% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,150
-8.0%-$100 decrease month-over-month
-23.3%-$350 decrease year-over-year
AVAILABLE RENTALS
16
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Waverly, IA at $1,136 per month, while townhomes are the most expensive at $1,567 per month. Houses average $1,350 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $725 |
| All | $1,350 |
As of May 2026, the average rent for a 1 bedroom rental in Waverly, IA is $900 per month, followed by $1,200 for a 2 bedroom rental, $1,470 for a 3 bedroom rental, and $725 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,650 |
| All | $1,567 |
As of May 2026, the average rent for a 3 bedroom townhome in Waverly, IA is $1,200 per month, followed by $1,650 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $525 |
| 2 Bedrooms | $750 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $750 |
As of May 2026, the average rent for a 1 bedroom apartment in Waverly, IA is $525 per month, followed by $750 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $725 |
| All | $1,350 |
As of May 2026, the average rent for a 3 bedroom house in Waverly, IA is $1,350 per month, followed by $725 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -22% compared to the previous year, which is a $324 decrease.
This year (2026)
Last year (2025)
Rent distribution
45% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $525 to $1,720.
