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Rental Market Trends in Waverly, NE

Updated September 2026

The average rent in Waverly, NE is $703/month.

Rent in Waverly is 58% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$703/month

Average Rent

707 Sq Ft

Average Size

+1.1%

Change / Year

2

Available Apartments

Waverly rent varies by unit size and layout:

  • Studio apartments in Waverly average $632 per month.
  • One-bedroom apartments in Waverly average $703 per month.
  • Two-bedroom apartments in Waverly average $918 per month.
  • Three-bedroom apartments in Waverly average $832 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$632/month
520 Sq Ft
One Bedroom
$703/month
707 Sq Ft
Two Bedroom
$918/month
996 Sq Ft
Three Bedroom
$832/month
1,556 Sq Ft
View Waverly Apartments

How much has average rent changed in Waverly, NE?

In the past year, rent has increased by 1.1%, which averages out to $8 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Waverly, NE

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Waverly, NE
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Waverly, NE?

Because the average rent in Waverly is $703, you’ll want to make about $2,343 per month or $28,116 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Waverly, NE

2 Available Apartments for Rent

Search for Nearby Apartments

How does Waverly, NE compare to other nearby cities and neighborhoods?

Use the tool below to compare Waverly, NE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Lincoln

    Lincoln

    Avg Rent: $1,088/month

  • Ashland

    Ashland

    Avg Rent: $1,150/month

  • Roca

    Roca

    Avg Rent: $1,453/month

Apartment Communities in Waverly We Think You'll Love

10701 N 149th St

10701 N 149th St

10701 N 149th St,
Waverly, NE 68462

3 Beds | $2,295

10700 N 149th St

10700 N 149th St

10700 N 149th St,
Waverly, NE 68462

3 Beds | $2,550

The Villas at Mahoney Park

The Villas at Mahoney Park

8430 Fremont St,
Lincoln, NE 68507

1-3 Beds | $1,444 - $2,360

Northbrook Apartments

Northbrook Apartments

2901 Fletcher Ave,
Lincoln, NE 68504

1-3 Beds | $1,136 - $1,725

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Frequently Asked Questions

What is the average rent in Waverly?

The average rent in Waverly is $703 per month, which is 57.8% lower than the national average of $1,664.

Are rents going up or down in Waverly?

Rents in Waverly, NE are increasing, with prices up 1.1% year-over-year and $8 more per month.

What rent range is most common in Waverly?

In Waverly, NE, 100% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Nebraska Waverly Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity