Cheap Apartments for Rent in the Lake Waterford Estates Neighborhood of New Smyrna Beach, FL from $900 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Waterford Estates area of New Smyrna Beach.

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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107 Washington St
Studio Apartments

107 Washington St

107 Washington StNew Smyrna Beach, FL 32168
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408 S Riverside Dr
Studio Apartments

408 S Riverside Dr

408 S Riverside DrNew Smyrna Beach, FL 32168
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Covey Court
2 Bedroom Apartments

Covey Court

418 S Myrtle AveNew Smyrna Beach, FL 32168
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Captain's Quarters
1 to 3 Bedroom Apartments

Captain's Quarters

101 N Riverside DrNew Smyrna Beach, FL 32168
Senior Living

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Newport Sound Apartments
1 to 4 Bedroom Apartments

Newport Sound Apartments

10101 Newport Sound PlNew Smyrna Beach, FL 32168
Affordability
  • Low Income
  • Smoke Free

Lake Waterford Estates, New Smyrna Beach, FL Local Guide

Cheapest Available Lake Waterford Estates Apartments for Rent

 

The cheapest available apartment rental in the Lake Waterford Estates area of Daytona Beach, FL is a 1 Bed unit found at Haven on Canal Apartments priced from $1,195. The Cottages @ Sugartree has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Lake Waterford Estates apartments for rent in Daytona Beach, FL:

Apartment ListingModel NameBed/BathPriced From
Haven on Canal ApartmentsOne Bedroom One Bath1BR,1BA$1,195
The Cottages @ Sugartree1x1 Standard- Call For Availability1BR,1BA$1,250
Lymestone RanchOne Bedroom1BR,1BA$1,309
The BeaconA1-LL1BR,1BA$1,435
Viva at New Smyrna BeachThe Brix1BR,1BA$1,699

Best Value Apartments for Rent in Lake Waterford Estates, FL

As of June 01, 2026 the best value apartment in the Lake Waterford Estates area is the $2.16 price per square foot The Brix Model at Viva at New Smyrna Beach in the in the Florida Shores neighborhood starting from $1,699. The second greatest value Lake Waterford Estates apartment is the One Bedroom Model at Lymestone Ranch starting at $1,309 with a $1.75 price per square foot in the Florida Shores neighborhood. Here is today’s list of the best values for Lake Waterford Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Viva at New Smyrna BeachThe Brix1BR,1BA$2.16
Lymestone RanchOne Bedroom1BR,1BA$1.75
407 Magnolia St, Unit 1407 Magnolia St1BR,1BA$2.06
The BeaconA1-LL1BR,1BA$2.18
Haven on Canal ApartmentsOne Bedroom One Bath1BR,1BA$1.93
The Cottages @ Sugartree1x1 Upgraded- Call For Availability1BR,1BA$2.47
512 Canal St, Unit 3512 Canal StStudio ,1BA$3.20
599 Glendevon Dr, Unit Efficiency599 Glendevon DrStudio ,1BA$3.75

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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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 Lifestyle
Lake Waterford Estates, New Smyrna Beach, FL

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Lake Waterford Estates Apartments

What is the price of a cheap apartment in Lake Waterford Estates?

The cheapest apartment in Lake Waterford Estates is Haven on Canal Apartments which is listed at $1,195, while the average apartment in Lake Waterford Estates costs $1,809.

What types of apartments are the cheapest in Lake Waterford Estates?

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 5 regular apartments in Lake Waterford Estates 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 Lake Waterford Estates?

Cheap apartments in Lake Waterford Estates have an average cost of $565 which is $1,244 cheaper than the average rent for all rentals in Lake Waterford Estates.

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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Affordable Daytona Beach Living: Neighborhoods Worth Exploring

Written by: Vicki Shivers

Hi, I'm Vickie, your ApartmentHomeLiving.com Local Expert for Daytona Beach, Florida.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.