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Cheap Apartments for Rent in the Waterford Neighborhood of Frederick, MD from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford area of Frederick.
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$1,100 - $1,720Studio to 2 Bedroom Apartments Contact Us For Availability
Little Brook Apartments
1200 Little Brook DrFrederick, MD 21702
209 Locust St
FrederickMD21703
32 Franklin St
FrederickMD21701
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$1,300 - $2,300Studio to 3 Bedroom Apartments Available Now
Brooklawn Apartments
1001 Carroll PkyFrederick, MD 21701
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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$1,347 - $2,5431 to 3 Bedroom Apartments Available Now
The Apartments at Elmwood Terrace
1420 Key PkyFrederick, MD 21702
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$1,381 - $1,5981 to 2 Bedroom Apartments Available Now
The Grove At Alban
91 Hill StFrederick, MD 21703
425 N Market St
FrederickMD21701
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$1,396 - $1,9041 to 2 Bedroom Apartments Available Now
The Westwinds
1070 Greenwall PlFrederick, MD 21703
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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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Studio to 2 Bedroom Apartments
The Apartments at Jefferson Chase
501 Prospect BlvdFrederick, MD 21701
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-15, Page 1 of 1
Waterford, Frederick, MD Local Guide
How much does it cost to rent an apartment in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford Studio Apartments | $1,622 | $1,100 | $1,973 |
| Waterford 1 Bedroom Apartments | $1,845 | $1,015 | $2,400 |
| Waterford 2 Bedroom Apartments | $2,095 | $886 | $3,305 |
| Waterford 3 Bedroom Apartments | $2,470 | $998 | $3,320 |
| Waterford 4 Bedroom Apartments | $2,997 | $2,559 | $3,225 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Waterford Neighborhood of Frederick, MD.
See all Apartments in FrederickExplore Frederick
Waterford, Frederick, MD Local Guide
- Nearby Frederick neighborhoods
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Cheapest Available Waterford Apartments for Rent
The cheapest available apartment rental in the Waterford area of Frederick, MD is a 2 Beds unit found at Sinclair Way priced from $886. Creekside at Taskers Chance has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,265. Here are the most affordable Waterford apartments for rent in Frederick, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sinclair Way | Two Bedroom | 2BR,1BA | $886 |
| Creekside at Taskers Chance | 1 Bed, 1 Bath | 1BR,1BA | $1,265 |
| The Apartments at Elmwood Terrace | 1BR 1BA (665sf) | 1BR,1BA | $1,342 |
| The Cascades of Frederick - Ages 62+ | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,375 |
| The Grove At Alban | 1 BR | 1BR,1BA | $1,381 |
Best Value Apartments for Rent in Waterford, MD
As of January 03, 2026 the best value apartment in the Waterford area is the $1.36 price per square foot C Model at Overlook at Avalon in the in the Taskers Chance neighborhood starting from $2,129. The second greatest value Waterford apartment is the 2 Bedroom (A) Model at The Fred Apartment Homes starting at $1,853 with a $1.77 price per square foot in the Taskers Chance neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Overlook at Avalon | C | 3BR,3BA | $1.36 |
| The Fred Apartment Homes | 2 Bedroom (A) | 2BR,2BA | $1.77 |
| Francis Scott Key | Two Bedroom/Two Bath (M) | 2BR,2BA | $1.92 |
| Brooklawn Apartments | 2 Bed-2 Bath w/balcony | 2BR,2BA | $1.80 |
| 419 N Market St, Unit Apt A | 419 N Market St | 2BR,1BA | $1.95 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.84 |
| The Grove At Alban | 1 BR | 1BR,1BA | $1.62 |
| The Residences at the Manor Apartments | 1 Bedroom 1 Bath Willow at Baker II | 1BR,1BA | $1.96 |
| The Apartments at Elmwood Terrace | 1BR 1BA (780sf) | 1BR,1BA | $1.88 |
| Sinclair Way | One Bedroom | 1BR,1BA | $1.51 |
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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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 LifestyleWaterford, Frederick, MD
Ranked #5
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Waterford, Frederick, MD
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Maryland and customized analysis for Central Frederick, MD. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendly amenities, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Waterford Apartments
What is the price of a cheap apartment in Waterford?
The cheapest apartment in Waterford is Sinclair Way which is listed at $1,015, while the average apartment in Waterford costs $3,037.
What types of apartments are the cheapest in Waterford?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Waterford that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waterford?
Cheap apartments in Waterford have an average cost of $164 which is $2,873 cheaper than the average rent for all rentals in Waterford.
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.
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!