Cheap Apartments for Rent in the Forestbrook Neighborhood of Waterford, MI from $500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Heritage Park West
1 to 2 Bedroom Apartments

Heritage Park West

3500 Watkins Lake RdWaterford, MI 48328
  • Utilities Included
close
View Me
Monroe Manor
Studio to 2 Bedroom Apartments

Monroe Manor

59 Monroe StPontiac, MI 48341
  • Utilities Included

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.

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. Rivers Edge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here are the most affordable Forestbrook apartments for rent in Waterford, MI:

Apartment ListingModel NameBed/BathPriced From
Adams Lake Apartments1 Bedroom Apartment1BR,1BA$750
Rivers Edge ApartmentsLunariaStudio,1BA$860
Heritage Park East1 Bedroom Apartment1BR,1BA$899

Best Value Apartments for Rent in Forestbrook, MI

As of May 06, 2026 the best value apartment in the Forestbrook area is the $1.30 price per square foot 2B15BTH1 Model at Elizabeth Lake Estates in the in the Forestbrook neighborhood starting from $1,485. The second greatest value Forestbrook apartment is the 2 Bed 1 Bath Model at Laketree starting at $1,090 with a $1.12 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.
Elizabeth Lake Estates2B15BTH12BR,1.5BA$1.30
Laketree2 Bed 1 Bath2BR,1BA$1.12
Cass Lake Shore ClubBp2BR,1.5BA$1.36
Crescent ManorDeluxe 2 Bedroom2BR,1BA$1.25
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$0.92
Heritage Park East1 Bedroom Apartment1BR,1BA$1.06
Cherokee Hills ApartmentsCedar1BR,1BA$1.34
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1.44
Glengarry Park - Waterford Twp, MIThe Cresent1BR,1BA$1.57
Edgewood Park Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.58

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

Read Article
Decorative image

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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Forestbrook, Waterford, MI

Ranked #1

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.