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Apartments for Rent in Waverly, MI
53 Rentals Available

  • Today

    7500 Chapel Hill Drive, Lansing, MI 48917
    1 BED $1,310+
    2 BEDS $1,330+
    3 BEDS $1,715+
  • Today

    7877 Celosia Drive, Lansing, MI 48917
    2 BEDS $2,099+
  • Today

    225 Spinnaker Drive, Lansing, MI 48917
    1 BED $1,247+
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    7715 Streamwood Drive, Lansing, MI 48917
    1 BED $1,201+
    2 BEDS $1,338+
  • Today

    1900 Redbud Lane, Lansing, MI 48917
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
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  • Today

    809 Harvest Lane, Lansing, MI 48917
    2 BEDS $1,000
  • Today

    823 Harvest Lane, Lansing, MI 48917
    2 BEDS $1,050
  • Today

    5303 Ivan St., Lansing, MI 48917
    1 BED $870
    2 BEDS $1,000
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    5200 West Mall Drive, Lansing, MI 48917
    1 BED $935
    2 BEDS $915+
    3 BEDS $1,225
  • Today

    7606 Briarbrook Drive, Lansing, MI 48917
    1 BED $1,251+
    2 BEDS $1,556+
  • Today

    831 Brookside Drive, Lansing, MI 48917
    1 BED $1,199+
    2 BEDS $1,245+
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  • Today

    7530 Water Edge, Lansing, MI 48917
    1 BED Ask for Pricing
    2 BEDS $1,385+
    3 BEDS $1,850
  • Today

    829 Montevideo Drive, Lansing, MI 48917
    1 BED $1,283+
    2 BEDS $1,371+
    3 BEDS $1,925+
  • Today

    917 Harvest Lane, Lansing, MI 48917
    1 BED $850
  • Today

    7500 Yellow Wood Lane, Lansing, MI 48917
    2 BEDS $1,400
    3 BEDS $1,490
    4 BEDS $1,685
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    229 Parkwood Dr, Lansing, MI 48917
    1 BED $890+
    2 BEDS $1,065+
    3 BEDS $1,325+
  • Today

    5332 W Michigan Ave #201, Lansing, MI 48917
    1 BED $990+
    2 BEDS $1,120
    3 BEDS $1,399
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  • Today

    911 Harvest Lane, Lansing, MI 48917
    1 BED $850
  • Today

    933 Harvest Lane, Lansing, MI 48917
    1 BED $850
  • Today

    923 Harvest Lane, Lansing, MI 48917
    1 BED $850
  • Today

    8156 Roslyn Hill, Lansing, MI 48917
    2 BEDS $1,921+
  • Today

    838 Edgemont Boulevard, Lansing, MI 48917
    1 BED $900
  • Today

    824 Edgemont Boulevard, Lansing, MI 48917
    1 BED $850+
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  • Today

    Edgemont St Apts Llc/740 Edgemont Blvd, Lansing, MI 48917
    1 BED $800
    2 BEDS $850+
  • Today

    3313 W. Mt. Hope Ave., Lansing, MI 48911
    1 BED $975+
    2 BEDS $1,394+
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Popular searches Average rent Renters guide Demographics

Average rent in Waverly, MI

$1,154/mo Waverly, MI average rental price, November 2024
Image Average Rent

The average monthly rent of apartments in Waverly, MI is $1,154.

Waverly, MI apartment rent ranges

About 50% of apartment rents in Waverly, MI range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 10% of apartments. Around 37% of Lansing’s apartments are in the $701-$1,000 price range. 1% of apartments are priced between $501-$700.

Waverly, MI rent trends

Check out the average rent prices in Waverly by neighborhood.

Compared to the national average rent of $1,748, the average rent in Waverly, MI is $1,154.

Getting around in Waverly, MI

60 /100
Somewhat Walkable
49 /100
Somewhat Bikeable
Walk Score®: 60, Bike Score®: 49

Frequently asked questions

When were prices and availability in Waverly, MI last updated?

Prices and availability in Waverly, MI were last updated on 14 Mar 2025.

What are the best apartments in Waverly, MI?

The best apartments in Waverly, MI are: Westfield Club Apartments, Redwood Delta Township Willow Highway, Westwind Townhomes, Canal Club Apartments and Covington Woods 55+ Living.

What is the average rent in Waverly, MI?

The average rent in Waverly, MI is $1,154.

What is the price range for a 1-bedroom apartment in Waverly, MI?

The price range for a 1-bedroom apartment in Waverly, MI is between $870 and $1,850.

What is the price range for a 2-bedroom apartment in Waverly, MI?

The price range for a 2-bedroom apartment in Waverly, MI is between $915 and $2,585.

What is the price range for a 3-bedroom apartment in Waverly, MI?

The price range for a 3-bedroom apartment in Waverly, MI is between $990 and $2,585.

What type of rental buildings are in Waverly, MI?

In Waverly, 44% of the residents are renting compared to 56% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 12% of Waverly’s rentals, 79% are small-scale complexes with under 50 units, and 8% are single-family rentals.

What do typical apartment communities look like in Waverly, MI?

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 Waverly are about 42 years old, on average. Of these, 3% 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 3 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.

What apartment floorplans are common in Waverly, MI?

Studio apartments in Waverly are around 0.2% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 50% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Living in Waverly, MI

Waverly is situated near the center of Michigan, conveniently close to the state capital, Lansing. This proximity provides residents with the benefits of a larger city environment while maintaining a quieter suburban feel. The local economy is largely influenced by the governmental, educational, and healthcare sectors, thanks to its closeness to Lansing.

Outdoor enthusiasts in Waverly enjoy the Hawk Island Park, which offers a picturesque lake, trails, and picnic areas. The arts scene in the nearby Lansing includes numerous galleries and theaters, enhancing cultural offerings for Waverly residents. Waverly also has a rich historical context, with several notable sites in the surrounding area such as the Michigan History Center.

Dining in Waverly reflects a mix of cuisines, benefiting from its diverse population and the influence of nearby Lansing's larger culinary scene. From classic American diners to international options, residents have access to a variety of dining experiences.

The local school district, Waverly Community Schools, provides educational services and extracurricular opportunities, contributing to the community's appeal for families looking for quality education options.

Renting in Waverly, MI

Waverly offers a range of rental options, from single-family homes to modern apartments. The architectural styles vary, with a mix of traditional homes and contemporary apartment complexes. These are particularly prevalent around areas like West Saginaw Highway, which is also a hub for shopping and dining.

For young professionals, the Colonial Village area provides easy access to downtown Lansing and its amenities, making it an ideal location for those who commute. Families might prefer the quieter, more residential neighborhoods such as Edgemont Park, which offers spacious homes and proximity to schools and parks.

Things for renting

Shopping in Waverly, MI

Waverly's shopping scene is anchored by the Lansing Mall, located just a short drive away, offering a variety of retail stores, dining options, and entertainment. For a more local shopping experience, West Saginaw Highway features numerous stores and services. This area is known for a blend of national chain stores and local businesses, providing options for everyday necessities as well as specialty items.

Common grocery chains such as Meijer and Kroger serve the community, alongside local markets that offer fresh produce and regional goods.

Transportation in Waverly, MI

Public transportation in Waverly is facilitated by the Capital Area Transportation Authority (CATA), which provides bus services connecting to Lansing and other nearby areas. The CATA buses are a convenient option for residents working in Lansing or students attending Michigan State University.

Major roads like Interstate 496 and Highway 69 are easily accessible, making car travel to and from Waverly straightforward. For longer-distance travel, the Capital Region International Airport in Lansing offers both domestic and international flights, further enhancing Waverly's connectivity.

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RentCafe is your one-stop shop for finding a great new apartment in Waverly, MI. Easily search through a wide selection of apartments for rent in Waverly, MI, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Waverly, MI apartments with rents starting from $800 and submit your rental application today!

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