Waverly, MN rental market

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Last updated August 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in Waverly, MN is $1,075.

Average rent

$1,075

Month-over-month change

-$1,025

Year-over-year change

+$1,075

Available rentals

6

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $2,250.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8002
$1,0001
$2,0002
$2,1001
$2,200+1

Average rent price over time

In the last year, rent has increased by $1,075 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,350$3,400
Feb$2,350$1,350
Mar$2,350$1,275
Apr$2,200$1,275
May$1,075$2,400
Jun$975$2,378
Dec$525$2,200

Market temperature

The Waverly, MN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Waverly, MN is 49% lower than the national average.

Waverly, MNvs.

$1,075

$2,100

Rent in Waverly, MN

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Frequently asked questions

1. What is the average rent in Waverly, MN?

The average rent in Waverly, MN is $1,075.

2. How much does it cost to rent a house in Waverly, MN?

Houses in Waverly, MN rent between $800 - $2,250 with an average rent of $1,075.

3. How has the rent in Waverly, MN changed in the last year?

In the last year, the rent in Waverly, MN increased by $1,075

4. How much has the rent in Waverly, MN increased/decreased in the last month?

In the last month, the rent in Waverly, MN decreased by $1,025

5. How many available rentals are there in Waverly, MN?

There are currently 6 rentals available in Waverly, MN.

6. How do rent prices in Waverly, MN compare with the national average?

The average rent in Waverly, MN is $1,075 — 48.81% lower the national average of $2,100.