What are the best restaurants in Waverly for cheap eats? Best Dining in Waverly, Iowa: See 430 Tripadvisor traveler reviews of 31 Waverly restaurants and search by cuisine, price, location, and more. We've gathered up the best places to eat in Waverly. Our current favorites are: 1: Wild Carrot LLC, 2: Bremer Brewing Company, 3: Wartburg College: The Den, 4: Zesty Orange, 5: Asian Garden Restaurant.