Cheap Apartments for Rent in the Forestbrook Neighborhood of Waterford, MI from $500 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Forestbrook area of Waterford.

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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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Heritage Park West
1 to 2 Bedroom Apartments

Heritage Park West

3500 Watkins Lake RdWaterford, MI 48328
  • Utilities Included

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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.

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Monroe Manor
Studio to 2 Bedroom Apartments

Monroe Manor

59 Monroe StPontiac, MI 48341
  • Utilities Included

Forestbrook, Waterford, MI Local Guide

Cheapest Available Forestbrook Apartments for Rent

 

The cheapest available apartment rental in the Forestbrook area of Waterford, MI is a 1 Bed unit found at Colony Hill Apartments priced from $800. Waterford Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Forestbrook apartments for rent in Waterford, MI:

Apartment ListingModel NameBed/BathPriced From
Colony Hill ApartmentsOne Bedroom1BR,1BA$800
Waterford Square1 Bedroom, 1 Bath Apartment1BR,1BA$849
Cass Lake Shore ClubA11BR,1BA$870
Heritage Park East1 Bedroom Apartment1BR,1BA$899
Huron PlaceStudioStudio,1BA$899

Best Value Apartments for Rent in Forestbrook, MI

As of January 05, 2026 the best value apartment in the Forestbrook area is the $1.14 price per square foot 2B1B3 Model at Elizabeth Lake Estates in the in the Forestbrook neighborhood starting from $1,285. The second greatest value Forestbrook apartment is the Elm Model at Cherokee Hills Apartments starting at $1,095 with a $1.10 price per square foot in the Seminole Hills neighborhood. Here is today’s list of the best values for Forestbrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elizabeth Lake Estates2B1B32BR,1BA$1.14
Cherokee Hills ApartmentsElm2BR,1BA$1.10
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.90
Laketree2 Bed 1 Bath2BR,1BA$1.47
Heritage Park East2 Bedroom Apartment2BR,1BA$1.08
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1.50
Glengarry Park - Waterford Twp, MIThe Cresent1BR,1BA$1.57
Rivers Edge ApartmentsMarigold2BR,1BA$1.78
Cass Lake Shore ClubA1BR,1BA$1.62
Waterford Square1 Bedroom, 1 Bath Apartment1BR,1BA$1.49

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
Forestbrook, Waterford, MI

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Forestbrook Apartments

How much is rent for a Cheap One Bedroom Forestbrook Apartment?

The lowest price for a Cheap One Bedroom Forestbrook Apartment is $800 at Colony Hill Apartments.

What is the lowest price for a Cheap Two Bedroom Forestbrook Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Forestbrook is starting from $900 at Colony Hill Apartments.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!