
Cheap Apartments for Rent in Waterford, CT from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.

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.

27 Cole St, Unit Basement

26 Prospect St

245 Shaw St

Harbortree Apartments
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.

Oxoboxo Lofts

Highland Apartments
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.
Waterford, CT Local Guide

How much does it cost to rent an apartment in Waterford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Waterford Studio Apartments | $1,520 | $1,045 | $2,150 |
Cheap Waterford 1 Bedroom Apartments | $1,877 | $905 | $2,725 |
Cheap Waterford 2 Bedroom Apartments | $2,315 | $1,084 | $3,600 |
Cheap Waterford 3 Bedroom Apartments | $2,457 | $1,800 | $2,950 |
Cheap Waterford 4 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
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Waterford, CT Local Guide
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Cheapest Available Waterford Apartments for Rent
 The cheapest available apartment rental in Waterford, CT is a 2 Beds unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $1,084. Crocker House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Waterford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oxoboxo Lofts | 2 Bedroom | 2BR,1BA | $1,084 |
Crocker House | Studio | 1BR,1BA | $1,100 |
Morton House | Efficiency | 1BR,1BA | $1,200 |
Villages at Shore Landing | Cove | Studio,1BA | $1,242 |
Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Waterford, CT
As of June 29, 2025 the best value apartment in the Waterford area is the $2.44 price per square foot 1 Bedroom - 9A Model at 60 Mansfield Road Phase II in the starting from $1,990. The second greatest value Waterford apartment is the Graniteville 1BR/1BA - Building L Model at Central @ Waterford Woods starting at $1,850 with a $2.74 price per square foot . 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. |
---|---|---|---|
60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.44 |
Central @ Waterford Woods | Graniteville 1BR/1BA - Building L | 1BR,1BA | $2.74 |
Eagle Pointe | ONE BEDROOM | 1BR,1BA | $2.47 |
Pleasant Valley Apartments | Studio Unit 1 | Studio ,1BA | $2.84 |
Vessel - Bank Street | 1-Bedroom | 1BR,1BA | $2.67 |
Apartments near water in New London | 1BR/1.0BA | 1BR,1BA | $2.88 |
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $2.05 |
Highland Apartments | One Bedroom | Studio ,1BA | $2.53 |
47 Rogers St, Unit 3 | 47 Rogers St | 1BR,1BA | $2.48 |
Crocker House | Studio | 1BR,1BA | $2.75 |
Quick Rent Budget Calculator
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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.
Best Local Schools in Waterford, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterford, CT Rentals by Map
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Getting Around Waterford, CT
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waterford Apartments
What is the Cheapest Studio apartment in Waterford?
Currently the most affordable Cheap Studio Apartment in Waterford is at Villages at Shore Landing listed at $1,242.
How much is rent for a Cheap One Bedroom Waterford Apartment?
The lowest price for a Cheap One Bedroom Waterford Apartment is $1,100 at Crocker House.
What is the lowest price for a Cheap Two Bedroom Waterford Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $1,084 at Oxoboxo Lofts.
What is the most affordable Waterford Three Bedroom Apartment?
The best deal on a cheap Waterford Three Bedroom Apartment rental is at Eagle Pointe and starts from $1,925.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.