Apartments for Rent in New Waverly, TX

Prices and availability in New Waverly, TX were last updated on 3 Oct 2026.

The best apartments in New Waverly, TX are: Waverly Village, 75 South Pavey Circle and 16 Lakeview Dr.

The price range for a 3-bedroom apartment in New Waverly, TX is between $803 and $1,300.

In New Waverly, 51% of the residents are renting compared to 49% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 2% of New Waverly's rentals, 25% are small-scale complexes with under 50 units, and 42% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in New Waverly are about 45 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 1 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in New Waverly come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 56% of the total apartments in the city, while 2-bedroom floorplans represent around 24% of all rentals in New Waverly. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.