311 W South St
FrederickMD21701
Cheap Homes for Rent in Waterford Neighborhood of Frederick, MD from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford area of Frederick.
613 N Market St
FrederickMD21701
1314 Hillcrest Dr
FrederickMD21703
10 E 16th St
FrederickMD21701
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.
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118 S Bentz St
FrederickMD21701
119 Whitestone Way
FrederickMD21702
207 W 5th St
FrederickMD21701
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Waterford, Frederick, MD Local Guide
How much does it cost to rent a home in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford 2 Bedroom Homes for Rent | $1,850 | $1,450 | $2,100 |
| Waterford 3 Bedroom Homes for Rent | $2,555 | $2,000 | $3,250 |
| Waterford 4 Bedroom Homes for Rent | $3,300 | $2,400 | $4,800 |
| Waterford 5 Bedroom Homes for Rent | $4,125 | $3,250 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Waterford Neighborhood of Frederick, MD.
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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 1 Bed unit found at Foundry Square (Senior 62+) priced from $1,199. Creekside at Taskers Chance has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,290. Here are the most affordable Waterford apartments for rent in Frederick, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foundry Square (Senior 62+) | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $1,199 |
| Creekside at Taskers Chance | 1 Bed, 1 Bath | 1BR,1BA | $1,290 |
| The Cascades of Frederick - Ages 62+ | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Waterford, MD
As of May 23, 2025 the best value apartment in the Waterford area is the $1.38 price per square foot D Model at Overlook at Avalon in the in the Taskers Chance neighborhood starting from $2,371. The second greatest value Waterford apartment is the 3 Bedroom Model at The Fred Apartment Homes starting at $2,219 with a $1.78 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 | D | 4BR,3BA | $1.38 |
| The Fred Apartment Homes | 3 Bedroom | 3BR,2BA | $1.78 |
| Willowdale Crossing | 2 Bedroom/2 Bathroom-1067 | 2BR,2BA | $1.84 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.68 |
| The Grove At Alban | 2 BR | 2BR,1BA | $1.71 |
| 248 W Patrick St, Unit 2 | 248 W Patrick St | 1BR,1BA | $1.75 |
| 478A W South St, Unit B | 478A W South St | 1BR,1BA | $2.00 |
| The Apartments at Elmwood Terrace | 1BR 1BA (780sf) | 1BR,1BA | $2.03 |
| Foundry Square (Senior 62+) | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $1.62 |
| The Westwinds | 1 Bedroom, 1 Bath | 1BR,1BA | $1.90 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 144 Apartments for Rent in Waterford, MD with pricing that ranges from $1,199 to $4,340. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,050 to $5,000.
What is the current price range for Rental Homes in Waterford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford ranges from $1,050 to $5,000 with an average monthly rent of $2,440.
How much are larger Three and Four Bedroom Rentals in Waterford?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterford range from $1,782 to $4,340, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,529.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.