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Studio Apartments for Rent in Waverly, MI
21 Rentals Available


Popular searches Average rent Renters guide Demographics

Average rent in Waverly, MI

$1,114/mo Waverly, MI average rental price, March 2023
Image Average Rent

Apartments in Waverly, MI rent for $1,114 per month, on average.

Waverly, MI apartment rent ranges

4% of apartments in Waverly, MI are priced between $501-$700. About 34% charge rents in the $701-$1,000 range. Approximately 55% of Lansing’s apartment rentals are priced between $1,001-$1,500. Meanwhile, 5% of apartments are in the most expensive $1,501-$2,000 range.

Waverly, MI rent trends

Getting around in Waverly, MI

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

Frequently asked questions

What are the advantages of renting a studio apartment in Waverly, MI?

Studio apartments in Waverly, MI tend to be more affordable than other apartments and they have lower utility costs.

What are the downsides of renting a studio apartment in Waverly, MI?

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Waverly, MI.

Waverly, MI demographics

The total population of Waverly, MI is 23,328, of which 11,267 are men and 12,061 are women, according to the most recent U.S. Census Bureau estimates. The residents of Lansing have a median age of 42.5.

Waverly, MI households

  • 6,218 Family
    5,203 Non-family
  • 2,157 Children
    9,264 No Children
  • 11,421Total Number of Households
  • 2.02Average People Per Household
  • $69,346Median Household Income

A total of 11,421 households live in Waverly, MI, of which 6,218 are family households and 5,203 are non-family households, per U.S. Census estimates. Of these, approximately 2,157 households have children and 9,264 households do not have children. The average size of a household in Waverly, MI is 2.02. The median household income in Lansing is $69,346 annually, with $999 per month going towards housing.

Waverly, MI education statistics

According to Census data, 1% of the population in Waverly, MI have no high school education, 22% went to high school, 28% have some college education, 10% earned an Associate Degree, 25% earned a Bachelor Degree, and 13% earned a Graduate Degree.

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Renting a studio apartment in Waverly, MI

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in Waverly, MI, we have great news: on RentCafe you have 21 small apartment units to choose from in 15 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment. With the average rent currently at $900, opting for a cheap studio for as low as $312 is certainly a decision you’ll be able to gloat about and your wallet will thank you for.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in Waverly, MI is currently $2,175.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!