




- 1–3 Bedrooms
- $1,298-$2,009 Pricing
- 652–1,276 Square Feet
Rent Specials
Limited-Time Offer: Enjoy 6–8 weeks free on select apartment homes, plus a waived admin fee when you apply within 24 hours of touring. *Restrictions apply*
About The Waterford
Welcome to The Waterford Apartments, where luxury meets comfort in the heart of Morrisville, NC. Our beautifully designed community offers a range of floorplan types to fit every lifestyle, including spacious one, two, and three-bedroom apartments with premium finishes and modern appliances. At The Waterford Apartments, we take pride in providing our residents with the best of the best. Our newly renovated amenities are nothing short of impressive, featuring a state-of-the-art fitness center, a sparkling swimming pool, a clubhouse with a fully-equipped kitchen, and a business center for all your work needs. Step outside and you will find a playground and a picnic area with grills, providing endless opportunities for outdoor fun and relaxation. But that's not all! Our prime location puts you within close proximity to some of the area's top employers, including Duke University and Duke Medical Center, UNC Chapel Hill, and RTP (Research Triangle Park). Plus, with easy access to major highways, you can easily explore all that Morrisville and the surrounding area have to offer. Experience the ultimate in apartment living at The Waterford Apartments in Morrisville, NC. Schedule a tour today!
The Waterford is located in the Outlying North Cary Morrisville Neighborhood and 27560 Zip code of Morrisville, NC. This community is professionally managed by Pegasus Residential, LLC
Unique Features and Amenities
- 24 Hr Fitness Center
- Amenity Lawn
- Barbecue Area
- BBQ/Grill
- Car Detail Center / Car Wash
- Coffee Bar
- Credit Card Payments
- Easy online rent payments
- English
- E-Payments
- Grilling Station
- Guest Parking
- Hammock Park
- Key Fob Access
- Online Maintenance Portal
- Online Payment Options
- Online Rent Payment
- Online Resident Services
- Pet Friendly
- Renter`s Insurance Program
- Weight Machines
Property Contact Info

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (984) 333-5212
- Disclaimer:
Floorplan Pricing and Availability
The Waterford offers 1 to 3 Bedroom apartments starting from $1,298 and having 652–1,276 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Floorplan A1
From $1,319
1 Bed, 1 Bath, 652 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,319 Available Now 08-1211 652 $1,339 Available Now 11-1338 652 $1,344 Available Now 14-1138 652 Model Amenities and Features
Features
- High Speed Internet Access
Model Rent and Fees
Model Price Range
- $1,149 - $1,344
Current Available Pricing
- $1,319 - $1,344
Deposit
- $300 deposit
Unit 08-1211 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 1-Bed First Floor
- MGN-PLT-1B-FLRG
- MGN-PLT-1B-RENO
- SMART HM-FEAT
- Washer/Dryer Upgrade
Unit 08-1211 Rent and Fees
Unit Price
- $1,319
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,149 - $1,344
Unit 11-1338 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 1-Bed Top Floor
- MGN-PLT-1B-FLRG
- MGN-PLT-1B-RENO
- SMART HM-FEAT
- VAULT-CEIL
- Washer/Dryer Upgrade
Unit 11-1338 Rent and Fees
Unit Price
- $1,339
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,149 - $1,344
Unit 14-1138 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 1-Bed Top Floor
- MGN-PLT-1B-FLRG
- MGN-PLT-1B-RENO
- SMART HM-FEAT
- VAULT-CEIL
- Washer/Dryer Upgrade
- WOOD-VIEW
Unit 14-1138 Rent and Fees
Unit Price
- $1,344
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,149 - $1,344
Apartment Model: A1From $1,1491 Bedroom, 1 Bath, 652 sq ftAvailable Now![]()
A1 - Floorplan Apartment Unit: 08-1211Apartment Model: 1 Bed, 1 bath$1,3191 Bedroom, 1 Bath, 652 sq ftAvailable NowApartment Unit: 11-1338Apartment Model: A1$1,3391 Bedroom, 1 Bath, 652 sq ftAvailable NowApartment Unit: 14-1138Apartment Model: A1$1,3441 Bedroom, 1 Bath, 652 sq ftAvailable NowFloorplan A2
From $1,298
1 Bed, 1 Bath, 736 sq ftAvailable NowModel Gallery
Floorplans
3D Tours
Availability Details
Price Availability Date Unit Sq Ft View Details $1,298 Available Now 06-1114 736 $1,458 Available Now 08-1207 736 $1,493 Available Now 08-1227 736 Model Amenities and Features
Features
- High Speed Internet Access
Model Rent and Fees
Model Price Range
- $1,288 - $1,493
Current Available Pricing
- $1,298 - $1,493
Deposit
- $300 deposit
Unit 06-1114 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 1-Bed First Floor
- Prior Owner Renovation 1x1
- SMART HM-FEAT
- Washer/Dryer Upgrade
Unit 06-1114 Rent and Fees
Unit Price
- $1,298
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,288 - $1,493
Unit 08-1207 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- MGN-PLT-1B-FLRG
- MGN-PLT-1B-RENO
- SMART HM-FEAT
- Washer/Dryer Upgrade
Unit 08-1207 Rent and Fees
Unit Price
- $1,458
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,288 - $1,493
Unit 08-1227 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 1-Bed Top Floor
- MGN-PLT-1B-FLRG
- MGN-PLT-1B-RENO
- SMART HM-FEAT
- VAULT-CEIL
- Washer/Dryer Upgrade
Unit 08-1227 Rent and Fees
Unit Price
- $1,493
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,288 - $1,493
Apartment Model: A2From $1,2881 Bedroom, 1 Bath, 736 sq ftAvailable NowFloorplans3D Tours![]()
A2 - Floorplan A2 - 3D Tour Apartment Unit: 06-1114Apartment Model: A2$1,2981 Bedroom, 1 Bath, 736 sq ftAvailable NowApartment Unit: 08-1207Apartment Model: A2$1,4581 Bedroom, 1 Bath, 736 sq ftAvailable NowApartment Unit: 08-1227Apartment Model: 1 Bed, 1 bath$1,4931 Bedroom, 1 Bath, 736 sq ftAvailable Now2 Bedrooms
Floorplan B1
From $1,739
2 Beds, 1 Bath, 900 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,989 Available Now 13-1417 900 $1,809 Available Now 14-1112 900 $1,739 Available Now 14-1125 900 Model Amenities and Features
Features
- High Speed Internet Access
Model Rent and Fees
Model Price Range
- $1,418 - $1,989
Current Available Pricing
- $1,739 - $1,989
Deposit
- $300 deposit
Unit 13-1417 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 2-Bed First Floor
- MGN-GLD-2B-FLRG
- MGN-PLT-2B-FLRG
- MGN-PLT-2B-RENO
- SMART HM-FEAT
- Washer/Dryer Upgrade
- WOOD-VIEW
- XL Private Yard Grass
Unit 13-1417 Rent and Fees
Unit Price
- $1,989
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,418 - $1,989
Unit 14-1112 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 2-Bed First Floor
- Handicap
- MGN-PLT-2B-FLRG
- MGN-PLT-2B-RENO
- SMART HM-FEAT
- Washer/Dryer Upgrade
Unit 14-1112 Rent and Fees
Unit Price
- $1,809
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,418 - $1,989
Unit 14-1125 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 2-Bed Middle Floor
- FIREPL-FEAT
- MGN-PLT-2B-FLRG
- MGN-PLT-2B-RENO
- SMART HM-FEAT
- Washer/Dryer Upgrade
Unit 14-1125 Rent and Fees
Unit Price
- $1,739
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,418 - $1,989
Apartment Model: B1From $1,4182 Bedroom, 1 Bath, 900 sq ftAvailable Now![]()
B1 - Floorplan Apartment Unit: 13-1417Apartment Model: B1$1,9892 Bedroom, 1 Bath, 900 sq ftAvailable NowApartment Unit: 14-1112Apartment Model: B1$1,8092 Bedroom, 1 Bath, 900 sq ftAvailable NowApartment Unit: 14-1125Apartment Model: B1$1,7392 Bedroom, 1 Bath, 900 sq ftAvailable NowFloorplan B2
From $1,909
2 Beds, 2 Baths, 1006 sq ftAvailable NowModel Gallery
Floorplans
3D Tours
Availability Details
Price Availability Date Unit Sq Ft View Details $1,959 Available Now 07-1023 1006 $2,009 Available Now 09-1413 1006 $1,909 Available Now 12-1534 1006 Model Amenities and Features
Features
- High Speed Internet Access
Model Rent and Fees
Model Price Range
- $1,644 - $2,009
Current Available Pricing
- $1,909 - $2,009
Deposit
- $300 deposit
Unit 07-1023 Amenities and Features
Features
- High Speed Internet Access
Kitchen
- Microwave
Unique Features
- 2-Bed Top Floor
- FIREPL-FEAT
- MGN-PLT-2B-FLRG
- MGN-PLT-2B-RENO
- SMART HM-FEAT
- VAULT-CEIL
- Washer/Dryer Upgrade
Unit 07-1023 Rent and Fees
Unit Price
- $1,959
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,644 - $2,009
Unit 09-1413 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 2-Bed First Floor
- FIREPL-FEAT
- MGN-PLT-2B-FLRG
- MGN-PLT-2B-RENO
- SMART HM-FEAT
- Washer/Dryer Upgrade
Unit 09-1413 Rent and Fees
Unit Price
- $2,009
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,644 - $2,009
Unit 12-1534 Amenities and Features
Features
- High Speed Internet Access
Unique Features
- 2-Bed Top Floor
- FIREPL-FEAT
- MGN-PLT-2B-FLRG
- MGN-PLT-2B-RENO
- SMART HM-FEAT
- VAULT-CEIL
- Washer/Dryer Upgrade
Unit 12-1534 Rent and Fees
Unit Price
- $1,909
View Details and Rent EstimateDeposit
- $300 deposit
Model Rent and Fees
Model Price Range
- $1,644 - $2,009
Apartment Model: B2From $1,6442 Bedroom, 2 Bath, 1006 sq ftAvailable NowFloorplans3D Tours![]()
B2 - Floorplan B2 - 3D Tour B2 - 3D Tour Apartment Unit: 07-1023Apartment Model: B2$1,9592 Bedroom, 2 Bath, 1006 sq ftAvailable NowApartment Unit: 09-1413Apartment Model: B2$2,0092 Bedroom, 2 Bath, 1006 sq ftAvailable NowApartment Unit: 12-1534Apartment Model: B2$1,9092 Bedroom, 2 Bath, 1006 sq ftAvailable Now3 Bedrooms
Floorplan C1
3 Beds, 2 Baths, 1276 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,716 Call for Availability C1 1276 sq ft $300 Model Amenities and Features
Features
- High Speed Internet Access
Model Rent and Fees
Model Price
- $1,716
Deposit
- $300 deposit
Apartment Model: C1$1,7163 Bedroom, 2 Bath, 1276 sq ftUnavailable![]()
C1 - Floorplan
Schedule a Tour
3D Tours
Property Information
- 300 Units
- 3 Stories
- Built in 2000
Lease Terms
- 6 - 15 mo
- Short Term Lease Options
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Other Fees and Policies
Pet Fees
- Cat
- One-Time Pet FeeiMax of 255. Charged Per Pet.$300.00
- Monthly Pet FeeiMax of 255. Charged Per Pet.$25.00/mo
- Dog
- One-Time Pet FeeiMax of 255. Charged Per Pet.$300.00
- Monthly Pet FeeiMax of 255. Charged Per Pet.$25.00/mo
There is a limit of two pets per apartment and pets are limited by breed. A minimum pet fee of $300 per pet is due upon move in or when getting a pet payable online or via and eMoney order. Monthly pet rent is $25 which must be paid with full rent payment using the resident online portal or eMoney order. These requirements do not apply to service/assistive animals.
There is a limit of two pets per apartment and pets are limited by breed. A minimum pet fee of $300 per pet is due upon move in or when getting a pet payable online or via and eMoney order. Monthly pet rent is $25 which must be paid with full rent payment using the resident online portal or eMoney order. These requirements do not apply to service/assistive animals.
Max of 255.
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Car Wash Area
- Maintenance On Site
- Property Manager On Site
Community Features
- Business Center
- Clubhouse
- Corporate Housing
Outdoor Features
- Grill
- Picnic Area
- Lawn
Recreation and Fitness
- Fitness Center
- Playground
- Pool
Interior Features
- Sprinkler System
- Trash Compactor

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
Hours and Contact Info
| Monday | 9:00 am–6:00 pm |
| Tuesday | 9:00 am–6:00 pm |
| Wednesday | 9:00 am–6:00 pm |
| Thursday | 9:00 am–6:00 pm |
| Friday | 9:00 am–6:00 pm |
| Saturday | 10:00 am–5:00 pm |
| Sunday | Closed |
Frequently Asked Questions about The Waterford
Where is The Waterford located?
The Waterford is located at 1000 Park Place Ave near the Outlying North Cary Morrisville area of Morrisville, NC
What is the current rent range at The Waterford?
1 Bedroom to 3 Bedroom Apartments at The Waterford currently range from $1,298 to $2,009
When is the leasing office open?
- The office Hours for The Waterford are
- Monday 9:00 am–6:00 pm
- Tuesday 9:00 am–6:00 pm
- Wednesday 9:00 am–6:00 pm
- Thursday 9:00 am–6:00 pm
- Friday 9:00 am–6:00 pm
- Saturday 10:00 am–5:00 pm
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at The Waterford is: Limited-Time Offer: Enjoy 6–8 weeks free on select apartment homes, plus a waived admin fee when you apply within 24 hours of touring. *Restrictions apply*.
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Renter Beware!
September 27, 2025Just turned in keys after living in this complex for 1 lease term. It was absolutely terrible! Pest problems. Vandalism issues because of the constant kids running around, kicking soccer balls in the parking lot. I ended up with scratched in the side of my car even after parking far away from my apartment to try to get away from the 50 kids that run a muck through the parking lots. There is a community lawn and place for kids to play….they DONT use it! We never ended up getting the keyless entry ...installed even after being told upon move in that it would be done in 1-2 months. Asked leasing several times and was ignored so we gave up. Walls are very thin. Music blasting at all hours from other tenants…if you are looking for a quiet pleasant place to call home. THIS IS NOT IT!Read MoreReview from Apartments.com
Review after 1 year lease
September 12, 2023Persistent pest problem. Took several days to fix A/C. There is no A/C technician available in-house. Management team did not provide any evidence for move out charges after several attempts at contacting them.Review from Apartments.com
rooms are too small, and price is so high.
April 20, 2023when you move out the management give you really hard time and they charge a lot.an employee in the office is so unprofessional and rude. rooms are too small, and rent is so high. I am being too honest here.it wasn't worth it to live there.Review from Apartments.com
Bad management,Bad employee ,very small rooms
December 29, 2022they deserved zero star .rooms are very small and rent is too high.customer service is zero.employee who work at office are really real;ly bad .they dont know how to talk withj customer and give customer service.think twice to before sign the lease .Property Manager Responded
February 2, 2023Hello, Thank so much for taking the time to give your feedback. I apologize that the experience did not meet your expectations. However, due to the lease contract, a legally binding document, we cannot make exceptions in certain situations. With Fair Housing Laws, we have to stay consistent and cannot make changes for one resident and not others. We strive to provide superior customer service and value, and I’d love the opportunity to learn more about how this experience could have been better. If you have a moment, please contact me at the Leasing Office to discuss. Thank you again for your feedback; we will use it to continue to make improvements.
Review from Apartments.com
Broken Promises
October 10, 2022This place promised a healthy living and upgrades. Too many switches between management companies. Additional hidden fees not listed in contract. Unhealthy garbage practices leading to pollution vis runoff of local stream and water supply. Promised new locks but we still have old broken locks. Great place to commit a crime as door hinges and locks won’t stop a child from kicking them in. I find at least 3-5 cockroaches a day. The in unite laundry machines are a fire waiting to happen due to poor ...ventilation. Management is rude and does not let residence know when they are shutting off water (which happens weekly). When you call them out for it they harass you on it. Electric goes out when it rains. Not a place to live.Property Manager Responded
October 13, 2022Thank you for sharing your feedback. It is our goal for everyone to enjoy their stay with us at The Waterford and it saddens me this was not the case for you. If you have a moment, please stop by so we can discuss how we could've made this better for you.
Read MoreReview from Apartments.com
Peaceful Waterford
May 24, 2022I moved to The Waterford a number of years back and have been through few managements. Overall, The Waterford is a clean, quiet and peaceful place to live with decent neighbors. The apartment is close to everything yet tucked away for peaceful, quiet natural living. The current management is communicative. Maintenance issues are promptly attended to upon request. Juan in particular is very friendly, jovial, high-energy and detailed with maintenance requests. Kudos to him and the rest of the ...team! Lad.Property Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Property Manager Responded
June 8, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Read MoreReview from Apartments.com
Maintanence is great
May 24, 2022Very quick & make the fixes, Juan is great & friendly to fix the issue effectivelyProperty Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Review from Apartments.com
Maintenance Service On time
May 24, 2022This apartment has a new management now and taking care of any maintenance issue on time. The maintenance person,Juan is always polite and he does his job very decently.Property Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Review from Apartments.com
Maintenance Service.
May 20, 2022This appointment is really nice.If I got any maintenance issues, they are very responsive. Juan from maintenance team,He is very nice and helpful. In overall I recommend people for this appartment.Property Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Review from Apartments.com
New management and new hope
May 20, 2022This property moved to new management and they are doing some good progress on the overall property by renovating many community buildings. Juan the maintenance guy is great on any of our calls.Property Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Review from Apartments.com
Good maintenance
May 19, 2022Juan is very friendly and helpful person. Easy approaching person. Thanks Juan your immediate support.Property Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Property Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Review from Apartments.com
Maintenance service is awesome
May 19, 2022We had a issue in our bathroom and Juan showed up. He is very kind and helpful. We got the issue fixed within 10 minutes. Many thanksProperty Manager Responded
May 25, 2022Hi, thank you so much for taking the time to leave us a 5 star review! We are happy to hear that you've had a positive experience here at The Waterford. Should you need anything else, please contact us at 919-897-7558. Thank you and have a wonderful day! -Mia Camacho/Property Manager
Review from Apartments.com
Nearby Schools
Reedy Creek Elementary
Carpenter Elementary
Cedar Fork Elementary
Panther Creek High
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Waterford.
Arts Museums and Landmarks
Big Box and Retail
Walgreen's
Target
Publix
Colleges and Universities
Wake Technical Community College - Western Wake Campus
Groceries
Wegmans
Food Lion
Publix
Hospitals
Parks and Recreation
The Waterford has 2 parks within 10.4 miles, including Piney Woods Park, and Burton Park.
Restaurants and Dining
Shopping Centers
The Waterford has 5 shopping centers within 0.9 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morrisville Studio Apartments | $1,517 | $1,167 | $3,422 |
| Morrisville 1 Bedroom Apartments | $1,663 | $989 | $5,756 |
| Morrisville 2 Bedroom Apartments | $2,005 | $1,214 | $9,864 |
| Morrisville 3 Bedroom Apartments | $2,273 | $1,468 | $8,308 |
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Max of 255.