Cheap Apartments for Rent in the Waterford Neighborhood of Frederick, MD from $800 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterford area of Frederick.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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113 E Patrick St, Unit 3
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450
1 Bedroom Apartment Available Now

113 E Patrick St, Unit 3

113 E Patrick StFrederick, MD 21701
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25 N Market St
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600
1 Bedroom Apartment Available Sep 1

25 N Market St

25 N Market StFrederick, MD 21701
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Willowdale Crossing
Rent Specials
$1,617 - $2,614
Total Monthly Price

Total Monthly Price

Base Rent
$1,617 - $2,614
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Willowdale Crossing

150-A Willowdale DrFrederick, MD 21702
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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446 E Patrick St
1 Bedroom Apartments

446 E Patrick St

446 E Patrick StFrederick, MD 21701
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1 W 10th St
1 Bedroom Apartments

1 W 10th St

1 W 10th StFrederick, MD 21701
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2 James St
2 Bedroom Apartments

2 James St

2 James StFrederick, MD 21701
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Brooklawn Apartments
Studio to 3 Bedroom Apartments

Brooklawn Apartments

1001 Carroll PkyFrederick, MD 21701
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Parkview Apartments
1 to 2 Bedroom Apartments

Parkview Apartments

750 Carroll PkyFrederick, MD 21701
Senior Living
  • Utilities Included

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.

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Woodlawn Village
1 to 3 Bedroom Apartments

Woodlawn Village

1469 Key PkyFrederick, MD 21702

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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Waterford, Frederick, MD Local Guide

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. Ox Fibre Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,324. Here are the most affordable Waterford apartments for rent in Frederick, MD:

Apartment ListingModel NameBed/BathPriced From
Sinclair WayTwo Bedroom2BR,1BA$886
Ox Fibre ApartmentsTwo Bedroom2BR,2BA$1,324
The Westwinds2 Bedroom, 1 Bath2BR,1BA$1,439
The Grove At Alban2 BR2BR,1BA$1,443
The Apartments at Elmwood Terrace2BR 1BA (975sf)2BR,1BA$1,525
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,531
Little Brook ApartmentsThe Frederick1BR,1BA$1,545

Best Value Apartments for Rent in Waterford, MD

As of July 24, 2026 the best value apartment in the Waterford area is the $1.65 price per square foot A Model at Overlook at Avalon in the in the Taskers Chance neighborhood starting from $2,070. The second greatest value Waterford apartment is the 2 Bedroom, 1 Bath (Renovated) Model at The Westwinds starting at $1,639 with a $1.48 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Overlook at AvalonA3BR,2BA$1.65
The Westwinds2 Bedroom, 1 Bath (Renovated)2BR,1BA$1.48
Clearbrook ApartmentsThe Paris2BR,2BA$1.79
The Fred Apartment Homes2 Bedroom (B)2BR,2BA$1.78
Potomac Commons1 Bedroom1BR,1BA$1.74
Francis Scott KeyTwo Bedroom/1.5 Bath (TC)2BR,1.5BA$1.78
Foundry Square Apartments2 Bedroom- Sterling Lodge (Senior 62+)2BR,1BA$1.87
The Grove At Alban1 BR1BR,1BA$1.88
478A W South St, Unit B478A W South St1BR,1BA$1.75
Sinclair WayOne Bedroom1BR,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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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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Pet Friendly Lifestyle
Waterford, Frederick, MD

Ranked #4

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $3,381.

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 12 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 $136 which is $3,245 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

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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.