Cheap Apartments for Rent in the Forestbrook Neighborhood of Waterford, MI from $500 (9 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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33-35 Monroe St
Rent Specials
$550 - $885
Total Monthly Price

Total Monthly Price

Base Rent
$550 - $885

Total Monthly Price
$550 - $885
Studio to 2 Bedroom Apartments Contact Us For Availability

33-35 Monroe St

33-35 Monroe StPontiac, MI 48341
  • Verified
  • Utilities Included

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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 Adams Lake Apartments priced from $750. Colony Hill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Forestbrook apartments for rent in Waterford, MI:

Apartment ListingModel NameBed/BathPriced From
Adams Lake Apartments1 Bedroom Apartment1BR,1BA$750
Colony Hill ApartmentsOne Bedroom1BR,1BA$800
Heritage Park East1 Bedroom Apartment1BR,1BA$899

Best Value Apartments for Rent in Forestbrook, MI

As of March 21, 2026 the best value apartment in the Forestbrook area is the $1.44 price per square foot B2p Model at Cass Lake Shore Club in the in the Forestbrook neighborhood starting from $1,725. The second greatest value Forestbrook apartment is the 2B15BTH1 Model at Elizabeth Lake Estates starting at $1,490 with a $1.31 price per square foot in the Forestbrook 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.
Cass Lake Shore ClubB2p2BR,1.5BA$1.44
Elizabeth Lake Estates2B15BTH12BR,1.5BA$1.31
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.90
Laketree2 Bed 1 Bath2BR,1BA$1.31
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$0.92
Heritage Park East1 Bedroom Apartment Premium1BR,1BA$1.14
Cherokee Hills ApartmentsCedar1BR,1BA$1.37
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1.46
Glengarry Park - Waterford Twp, MIThe Cresent1BR,1BA$1.57
Edgewood Park Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.58

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 $750 at Adams Lake 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 $850 at Adams Lake 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.