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$595 - $6301 to 2 Bedroom Apartments Contact Us For Availability
Kensington Square Apartments
535 S Abbe RdElyria, OH 44035
Cheap Apartments for Rent in the Waterbury Neighborhood of Elyria, OH from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterbury area of Elyria.
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$630 - $810Studio to 2 Bedroom Apartments Contact Us For Availability
Sherwood Forest Apartments
525 Georgetown AveElyria, OH 44035
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$650 - $985Studio to 2 Bedroom Apartments Contact Us For Availability
Chestnut Acres Apartments
304 Kildeer LnElyria, OH 44035
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$800
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2 Bedroom Apartment Available NowTotal Monthly Price
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$800
Total Monthly Price
$800
38835 Yunker Ct, Unit 0
38835 Yunker CtElyria, OH 44035
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$975 - $1,1502 to 3 Bedroom Apartments Available Now
Sunset Townhouses
630 S Abbe RdElyria, OH 44035
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$1,000 - $1,1002 Bedroom Apartments Available Now
601-605 Abbe Rd
601-605 N Abbe RdElyria, OH 44035
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
630 Abbe Rd S
ElyriaOH44035
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$1,087 - $1,2252 to 3 Bedroom Apartments Contact Us For Availability
Cambridge Court Townhomes
1580 Prospect StElyria, OH 44035
533 Bon Air Ave
ElyriaOH44035
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1 to 2 Bedroom Apartments
Copper Ridge
129 Park Meadow LnElyria, OH 44035
165 Bellfield Ave
ElyriaOH44035
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1 to 2 Bedroom Apartments
Willow Ridge Apartments
6509-6520 Pitts BlvdNorth Ridgeville, OH 44039
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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Waterbury, Elyria, OH Local Guide
How much does it cost to rent an apartment in Waterbury?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterbury Studio Apartments | $642 | $630 | $660 |
| Waterbury 1 Bedroom Apartments | $871 | $595 | $1,350 |
| Waterbury 2 Bedroom Apartments | $1,463 | $630 | $2,326 |
| Waterbury 3 Bedroom Apartments | $1,112 | $1,000 | $1,225 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Waterbury Neighborhood of Elyria, OH.
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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 Sunset Townhouses priced from $975. 601-605 Abbe Rd has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable Waterbury apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunset Townhouses | 2 Bed Townhome | 2BR,1BA | $975 |
| 601-605 Abbe Rd | 2 Bed/1.5 Bath | 2BR,1BA | $1,000 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1,736 |
| Spencer Court | 2 Bed 2 Bath | 2BR,2BA | $1,825 |
Best Value Apartments for Rent in Waterbury, OH
As of July 09, 2026 the best value apartment in the Waterbury area is the $1.46 price per square foot 2 Bed 2 Bath Model at Spencer Court in the in the North Ridgeville neighborhood starting from $1,825. The second greatest value Waterbury apartment is the 2 Bed/1.5 Bath Model at 601-605 Abbe Rd starting at $1,000 with a $0.85 price per square foot in the North Elyria 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. |
|---|---|---|---|
| Spencer Court | 2 Bed 2 Bath | 2BR,2BA | $1.46 |
| 601-605 Abbe Rd | 2 Bed/1.5 Bath | 2BR,1.5BA | $0.85 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1.55 |
| Sunset Townhouses | 2 Bed Townhome | 2BR,1BA | $1.17 |
| 38835 Yunker Ct, Unit 0 | 38835 Yunker Ct | 2BR,1BA | $1.00 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleWaterbury, Elyria, OH
Ranked #2
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Waterbury, Elyria, OH
North Ridgeville High School
North Ridgeville City School District
Public School - Grades 9-12 (1232)
7 out of 10
North Ridgeville Middle School
North Ridgeville City School District
Public School - Grades K-8 (1863)
7 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 $975 at Sunset Townhouses.
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.
Expert's 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.
Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture
Written by: Sandy Baker
Cleveland is the type of city to fall in love with, even if it doesn’t look all that fabulous from the outside.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.