240 W Ann Arbor Ave
PontiacMI48340
Cheap Homes for Rent in Waterford, MI from $800 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.
240 W Ann Arbor Ave
PontiacMI48340
325 Voorheis St
PontiacMI48341
325 Voorheis St
PontiacMI48341
1050 Oxford Rd
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.
1050 Oxford Rd
PontiacMI48341
1050 Oxford Rd
PontiacMI48341
1050 Oxford Rd
PontiacMI48341
20 N Tilden Ave
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.
80 Michigan Ave
PontiacMI48342
77 Pingree Ave
PontiacMI48342
104 W Mansfield Ave
PontiacMI48340
664 Emerson Ave
PontiacMI48340
23 Canal Dr
PontiacMI48341
44 Canal Dr
PontiacMI48341
1005 Stanley Ave
PontiacMI48340
13 Fay St
Independence TownshipMI48346
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
502 Montana Ave
PontiacMI48341
31 N Shirley St
PontiacMI48342
Showing Results 1-19, 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 | $1,789 | $895 | $3,500 |
| Waterford 3 Bedroom Homes for Rent | $2,212 | $1,095 | $6,500 |
| Waterford 4 Bedroom Homes for Rent | $3,030 | $1,800 | $5,950 |
| Waterford 5 Bedroom Homes for Rent | $4,150 | $3,400 | $4,900 |
| Waterford 6 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Waterford
Explore Waterford
Waterford, MI Local Guide
- Waterford Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Neighborhoods for Apartments in Waterford, MI
Pricing Updated: 06/19/2025Current 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 | $1,840 | $693 | 39 |
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 priced from $800. Rivers Edge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. 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 |
| Rivers Edge Apartments | Primrose | 1BR,1BA | $854 |
| Huron Place | Studio | Studio,1BA | $899 |
| Heritage Park East | 1 Bedroom Apartment | 1BR,1BA | $899 |
| Cass Lake Shore Club | B | 2BR,1BA | $910 |
Best Value Apartments for Rent in Waterford, MI and Nearby
As of June 19, 2025 the best value apartment in the Waterford area is the $1.10 price per square foot Baldwin Square - GENERAL INFO Model at Baldwin Square Townhomes in the starting from $1,750. The second greatest value Waterford apartment is the 2-Bedroom Model at 4081 Airport Rd starting at $1,200 with a $1.00 price per square foot . 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 | Baldwin Square - GENERAL INFO | 3BR,2.5BA | $1.10 |
| 4081 Airport Rd | 2-Bedroom | 2BR,1.5BA | $1.00 |
| 4085 Airport Rd, Unit 4085 airport rd Waterford | 4085 Airport Rd | 2BR,1.5BA | $1.00 |
| Cherokee Hills Apartments | Elm | 2BR,1BA | $1.21 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
| Round Hill Apartments | The Barrington Deluxe | 2BR,1.5BA | $1.31 |
| Heritage Park East | 2 Bedroom Apartment | 2BR,1BA | $1.08 |
| Ashton Pines | Spruce | 2BR,1BA | $1.30 |
| Glengarry Park - Waterford Twp, MI | The Sylvan | 2BR,1BA | $1.27 |
| Waterford Square | 2 Bedroom, 2 Bath Apartment | 2BR,2BA | $1.22 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 181 Apartments for Rent in Waterford, MI with pricing that ranges from $550 to $3,500. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $895 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 $895 to $20,000 with an average monthly rent of $5,446.
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 $1,425 to $2,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $6,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,770.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.