2500 Mann Rd
Village of ClarkstonMI48346
Cheap Homes for Rent in Waterford, MI from $800 (18 Rentals)
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$825Studio Apartments Available Now
22 Cadillac St
22 Cadillac StPontiac, MI 48342
176 W Princeton Ave
PontiacMI48340
758 W Huron St
PontiacMI48341
21 Canal Dr
PontiacMI48341
14 Riverbank Dr
PontiacMI48341
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.
49 Canal Dr
PontiacMI48341
920 Premont Ave
Waterford TownshipMI48328
177 W Rundell St
PontiacMI48342
115 Hudson Ave
PontiacMI48342
27 Riverbank Dr
PontiacMI48341
25 Riverbank Dr
PontiacMI48341
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.
57 Joy St
Independence TownshipMI48346
123 Adelaide St
PontiacMI48342
782 Pensacola Ave
PontiacMI48340
1323 Laurel Valley Dr
Waterford TownshipMI48327
1323 Laurel Valley Dr
Waterford TownshipMI48327
995 Lakeview St
Waterford TownshipMI48328
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.
Showing Results 1-18, Page 1 of 1
Waterford, MI Local Guide
How much does it cost to rent a home in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford 2 Bedroom Homes for Rent | $1,438 | $1,050 | $2,375 |
| Waterford 3 Bedroom Homes for Rent | $2,345 | $800 | $4,500 |
| Waterford 4 Bedroom Homes for Rent | $2,725 | $2,100 | $3,500 |
| Waterford 5 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Waterford, MI Local Guide
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Cheapest Neighborhoods for Apartments in Waterford, MI
Pricing Updated: 02/17/2026Current apartment rentals in the Waterford, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Waterford Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Forestbrook | $1,500 | $550 | 60 |
Cheapest Available Waterford Apartments for Rent and Nearby
The cheapest available apartment rental in Waterford, MI is a 1 Bed unit found at Colony Hill Apartments in the Forestbrook neighborhood priced from $800. Adams Lake Apartments in the Forestbrook neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Hill Apartments | One Bedroom | 1BR,1BA | $800 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $850 |
| Heritage Park East | 1 Bedroom Apartment | 1BR,1BA | $899 |
| Huron Place | Studio | Studio,1BA | $899 |
| Round Hill Apartments | The Arlington | 1BR,1BA | $939 |
Best Value Apartments for Rent in Waterford, MI and Nearby
As of February 18, 2026 the best value apartment in the Waterford area is the $1.31 price per square foot The Ruby Model at Baldwin Square Townhomes in the starting from $2,215. The second greatest value Waterford apartment is the The Maple Model at Mosaic of Auburn Hills starting at $1,810 with a $1.15 price per square foot in the North Side 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. |
|---|---|---|---|
| Baldwin Square Townhomes | The Ruby | 3BR,2.5BA | $1.31 |
| Mosaic of Auburn Hills | The Maple | 2BR,2.5BA | $1.15 |
| Elizabeth Lake Estates | 2B15BTH2 | 2BR,1.5BA | $1.26 |
| Cherokee Hills Apartments | Elm | 2BR,1BA | $1.12 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
| 217 Summit Rdg, Unit #B | 217 Summit Rdg | 2BR,1BA | $1.26 |
| Bloomfield On The Green - West Bloomfield, MI | 2 Bed | 1 Bath White | 2BR,1BA | $1.31 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $0.92 |
| Woodlake Hills | 2Bed1Bath | 2BR,1BA | $1.18 |
| Heritage Park East | 1 Bedroom Apartment Premium | 1BR,1BA | $1.14 |
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
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 ArticleCash 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 ArticleQuick Rent Budget Calculator
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See the most popular apartments and homes in Waterford, MI
Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 180 Apartments for Rent in Waterford, MI with pricing that ranges from $550 to $3,100. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $800 to $20,000.
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 $800 to $20,000 with an average monthly rent of $6,627.
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
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.
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.
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.
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.