273 Ocean Ave
New LondonCT06320
Cheap Homes for Rent in Waterford, CT from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.
2 Colonial Dr
WaterfordCT06385
11 Woodland Dr
WaterfordCT06385
82 Longview St
WaterfordCT06385
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$1,5502 Bedroom Apartments Available Now
159 Connecticut Ave, Unit 3rd Floor
159 Connecticut AveNew London, CT 06320
50 Montauk Ave
New LondonCT06320
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.
302 Boston Post Rd
WaterfordCT06385
7 Griswold Ct
New LondonCT06320
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$1,7002 Bedroom Apartments Available Now
229 CT-163, Unit 2
229 CT-163Montville, CT 06382
640 Williams St
New LondonCT06320
42 Sea Breeze Ave
East LymeCT06357
103 Hawthorne Dr
New LondonCT06320
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, CT Local Guide
Waterford shoreside by RVPhotog is licensed under CC BY 2.0
How much does it cost to rent a home in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford 2 Bedroom Homes for Rent | $2,102 | $1,600 | $3,200 |
| Waterford 3 Bedroom Homes for Rent | $2,995 | $1,900 | $7,300 |
| Waterford 4 Bedroom Homes for Rent | $7,600 | $1,750 | $10,000+ |
| Waterford 5 Bedroom Homes for Rent | $8,400 | $8,400 | $8,400 |
| Waterford 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Crocker House in the New London neighborhood has the second lowest priced unit, which is a 2 Beds 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 | 1 Bedroom | 1BR,1BA | $922 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Waterford, CT
As of July 06, 2026 the best value apartment in the Waterford area is the $1.76 price per square foot Townhouse Model at 120 Broad St in the in the New London neighborhood starting from $2,650. The second greatest value Waterford apartment is the 2 Bedroom Model at Oxoboxo Lofts starting at $1,875 with a $1.77 price per square foot in the Northeast New London Norwich 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. |
|---|---|---|---|
| 120 Broad St | Townhouse | 2BR,3BA | $1.76 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| 65 Granite St, Unit #2 | 65 Granite St | 1BR,1BA | $1.53 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| 12 Sharaf St | 2 Beds / 1 Bath | 2BR,1BA | $2.33 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Faire Harbour Landings | Two Bedroom Apartment | 2BR,1BA | $2.11 |
| Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.12 |
| Londonberry Gardens Apartments | 2 Bedroom | 2BR,1BA | $2.17 |
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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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.
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Best Local Schools in Waterford, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Waterford, CT
Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 204 Apartments for Rent in Waterford, CT with pricing that ranges from $1,100 to $3,790. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,000 to $40,000.
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 $1,000 to $40,000 with an average monthly rent of $5,268.
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 $1,400 to $3,114, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $7,300. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,750.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.