Waverly, MI Rental Market Trends
What is the average rent in Waverly?
The average rent for an apartment in Waverly is $1,081. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Waverly, MI
Last updated January 2023
Average Rent | Average Apartment Size |
---|---|
$1,081 | 874 sq. ft. |
What is the average apartment size in Waverly?
The average size for a Waverly, MI apartment is 874 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Waverly, MI apartment rent ranges
Waverly, MI Occupied Housing Units
5,339 or 46% of the households in Waverly, MI are renter-occupied while 6,176 or 54% are owner-occupied.
Waverly, MI rent trends

How Waverly Compares to Other Cities
City | Average Rent |
---|---|
Grand Rapids | $1,417 |
Detroit | $1,211 |
East Lansing | $1,455 |
Lansing | $1,061 |
Ann Arbor | $1,912 |
Southfield | $1,237 |
Kalamazoo | $1,204 |
Ypsilanti | $1,390 |
Farmington Hills | $1,370 |
Westland | $1,078 |
Waverly | $1,081 |
Forest Hills | $1,350 |