508 E Broad St
ElyriaOH44035
Cheap Apartments for Rent in the Waterbury Neighborhood of Elyria, OH from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterbury area of Elyria.
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$595 - $6301 to 2 Bedroom Apartments Contact Us For Availability
Kensington Square Apartments
535 S Abbe RdElyria, OH 44035
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$605 - $730Studio to 2 Bedroom Apartments Contact Us For Availability
Sherwood Forest Apartments
525 Georgetown AveElyria, OH 44035
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$650 - $985Studio to 2 Bedroom Apartments Available Jan 5, 2026
Chestnut Acres Apartments
304 Kildeer LnElyria, OH 44035
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283 Abbe Rd N
ElyriaOH44035
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$725 - $8251 to 2 Bedroom Apartments Available Now
Willow Ridge Apartments
6509-6520 Pitts BlvdNorth Ridgeville, OH 44039
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Waterbury, Elyria, OH Local Guide
Ely Park in Elyria by Wiki User: Tysto is licensed under Internal
How much does it cost to rent an apartment in Waterbury?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterbury Studio Apartments | $630 | $605 | $660 |
| Waterbury 1 Bedroom Apartments | $852 | $595 | $1,320 |
| Waterbury 2 Bedroom Apartments | $1,451 | $630 | $2,199 |
| Waterbury 3 Bedroom Apartments | $1,191 | $1,000 | $1,460 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Waterbury Neighborhood of Elyria, OH.
See all Apartments in ElyriaExplore Elyria
Waterbury, Elyria, OH Local Guide
- Nearby Elyria neighborhoods
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Cheapest Available Waterbury Apartments for Rent
The cheapest available apartment rental in the Waterbury area of Cleveland, OH is a 2 Beds unit found at Hunters Crossing Apartments priced from $1,460. Redwood Elyria has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,558. Here are the most affordable Waterbury apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Crossing Apartments | Two Bedroom with Private Entry | 2BR,2BA | $1,460 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1,558 |
| Spencer Court | 2 Bed 2 Bath | 2BR,2BA | $1,750 |
Best Value Apartments for Rent in Waterbury, OH
As of December 29, 2025 the best value apartment in the Waterbury area is the $1.37 price per square foot Ledgewood Model at Redwood North Ridgeville Meadow Lakes Blvd in the in the Waterbury neighborhood starting from $1,949. The second greatest value Waterbury apartment is the 2 Bed 2 Bath Model at Spencer Court starting at $1,750 with a $1.40 price per square foot in the Woodgate Farms neighborhood. Here is today’s list of the best values for Waterbury apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood North Ridgeville Meadow Lakes Blvd | Ledgewood | 2BR,2BA | $1.37 |
| Spencer Court | 2 Bed 2 Bath | 2BR,2BA | $1.40 |
| Hunters Crossing Apartments | Two Bedroom with Private Entry | 2BR,2BA | $1.29 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1.44 |
| 36287 Behm Dr, Unit 36287 | 36287 Behm Dr | 2BR,1BA | $1.09 |
| 557 Ohio St, Unit Down | 557 Ohio St | 2BR,1BA | $1.16 |
| 38835 Yunker Ct, Unit 0 | 38835 Yunker Ct | 2BR,1BA | $0.88 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Pet Friendly LifestyleWaterbury, Elyria, OH
Ranked #6
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Waterbury, Elyria, OH
North Ridgeville High School
North Ridgeville City School District
Public School - Grades 9-12 (1268)
7 out of 10
North Ridgeville Middle School
North Ridgeville City School District
Public School - Grades 3-8 (1878)
8 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including Waterbury, Elyria, and the greater Cleveland area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Waterbury Apartments
What is the lowest price for a Cheap Two Bedroom Waterbury Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterbury is starting from $825 at Willow Ridge Apartments.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Sandy Baker
Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.
Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland
Written by: Sandy Baker
Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .
Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Written by: Sandy Baker
If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!