
Cheap Homes for Rent in Waterford, CA from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.


1412 Cahill St

727 Pleasanton Pl
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.

2905 Niagra St

3143 Stern Way

609 Fort Sumpter Dr
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.
Waterford, CA 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 | $1,659 | $1,349 | $2,150 |
| Waterford 3 Bedroom Homes for Rent | $2,498 | $1,850 | $3,150 |
| Waterford 4 Bedroom Homes for Rent | $2,753 | $2,495 | $3,195 |
| Waterford 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Browse Top Homes for Rent in Waterford
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Waterford, CA Local Guide
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Cheapest Available Waterford Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterford, CA is a 1 Bed unit found at Sierra Glen in the Northwest Modesto neighborhood priced from $1,200. Park Lakewood Apartments in the East Modesto neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sierra Glen | 1x1 B | 1BR,1BA | $1,200 |
| Park Lakewood Apartments | 1BR/1.0BA | 1BR,1BA | $1,449 |
| Live Oak Apartments | 1 BED, Classic Style | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Waterford, CA and Nearby
As of July 04, 2026 the best value apartment in the Waterford area is the $1.48 price per square foot Cedar Model at The Willows Townhomes in the in the Claremont Crossing neighborhood starting from $2,515. The second greatest value Waterford apartment is the Residence B Model at Meridian at Eastgate starting at $2,350 with a $1.83 price per square foot in the Bing Cherry 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. |
|---|---|---|---|
| The Willows Townhomes | Cedar | 3BR,2BA | $1.48 |
| Meridian at Eastgate | Residence B | 3BR,2.5BA | $1.83 |
| New Century Townhomes | 3 Bed, 1.5 Bath | 3BR,1.5BA | $1.67 |
| Harvest Apartments | Mustang | 2BR,1BA | $1.56 |
| The Boardwalk Apartments | The North Carolina | 3BR,1.5BA | $1.98 |
| Greenbriar Villa Apartments | The Rothwell | 2BR,2BA | $2.01 |
| Valley Place | 2 bed / 1 bath | 2BR,1BA | $1.88 |
| The Vista | B1 | 2BR,2BA | $1.17 |
| PINE RIDGE | A - 2X1 848 DOWN | 2BR,1BA | $2.02 |
| Sierra Glen | 1x1 B | 1BR,1BA | $1.71 |
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.
Best Local Schools in Waterford, CA
Waterford Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 69 Apartments for Rent in Waterford, CA with pricing that ranges from $570 to $2,865. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,349 to $3,195.
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 $1,349 to $3,195 with an average monthly rent of $2,237.
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 $1,061 to $2,865, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,150. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $570.
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

California Dreaming: A Local Experts Guide to the Top Affordable Neighborhoods for Renting in Modesto
Written by: Shannon Hilson
If you’re looking for that California sweet spot between affordability and livability, then Modesto just might be the match you’ve been looking for.

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.

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.

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.