
Cheap Apartments for Rent in the Waterbury Neighborhood of Elyria, OH from $595 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterbury area of Elyria.


Sherwood Forest Apartments

Chestnut Acres Apartments

Total Monthly Price
38835 Yunker Ct, Unit 0

Sunset Townhouses

630 Abbe Rd S
Cleveland's Best Affordable Neighborhoods
Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker

Cambridge Court Townhomes

601-605 Abbe Rd - OPEN HOUSE THURS AND SAT!

128 Marseilles Ave, Unit 1

Hunters Crossing Apartments

Redwood Elyria

Copper Ridge
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Willow Ridge Apartments

9030 Reed Rd, Unit 2

9030 Reed Rd

6610 Lear Nagle Rd

9700 Root Rd

Northridge Cove
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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 | $1,144 | $595 | $1,640 |
| Waterbury 2 Bedroom Apartments | $1,359 | $630 | $1,959 |
| Waterbury 3 Bedroom Apartments | $1,125 | $1,000 | $1,225 |
Browse Apartments in this Neighborhood
There are currently 18 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 1 Bed unit found at Willow Ridge Apartments priced from $950. Sunset Townhouses has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. Here are the most affordable Waterbury apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Ridge Apartments | One Bedroom One Bath - Call for Availability | 1BR,1BA | $950 |
| Sunset Townhouses | 2 Bed Townhome | 2BR,1BA | $975 |
| 601-605 Abbe Rd - OPEN HOUSE THURS AND SAT! | 2 Bed/1.5 Bath | 2BR,1BA | $1,100 |
| Hunters Crossing Apartments | One Bedroom | 1BR,1BA | $1,350 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1,757 |
Best Value Apartments for Rent in Waterbury, OH
As of August 23, 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 - OPEN HOUSE THURS AND SAT! starting at $1,100 with a $0.94 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 - OPEN HOUSE THURS AND SAT! | 2 Bed/1.5 Bath | 2BR,1.5BA | $0.94 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1.56 |
| Hunters Crossing Apartments | One Bedroom | 1BR,1BA | $1.61 |
| 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
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 Middle School
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
How much is rent for a Cheap One Bedroom Waterbury Apartment?
The lowest price for a Cheap One Bedroom Waterbury Apartment is $950 at Willow Ridge 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.
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