Cheap Apartments for Rent in Waterford, MS from $700 (35 Rentals)

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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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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.

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Anderson Grove
1 to 2 Bedroom Apartments

Anderson Grove

1903 Anderson RdOxford, MS 38655

Waterford, MS Local Guide

Cheapest Available Waterford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterford, MS is a 2 Beds unit found at The Gardens Apartments priced from $750. The Links & The Greens at Oxford has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Gardens Apartments1x1The Gardens Apartments2BR,1BA$750
The Links & The Greens at OxfordClassic Deluxe IV | Greens1BR,1BA$905
Park at Forest HillA21BR,1BA$932
Center Court Apartments1BR-FLD1BR,1BA$975
Anderson Estates3X13BR,1BA$1,038
Park Place Apartments1x11BR,1BA$1,064
Goodman Manor ApartmentsE-8 (Phase 1)2BR,1BA$1,095
The Grove of Cayce2bedroom x 2bath2BR,2BA$1,100
Heritage Park2 Beds, 2 baths2BR,2BA$1,118
Southwind Lakes ApartmentsIncome Restricted- 2 bed 2 bath A2BR,2BA$1,121

Best Value Apartments for Rent in Waterford, MS and Nearby

As of January 01, 2026 the best value apartment in the Waterford area is the $1.03 price per square foot Income Restricted- 2 bed 2 bath A Model at Southwind Lakes Apartments in the in the Hickory Ridge-South Riverdale neighborhood starting from $1,121. The second greatest value Waterford apartment is the Two Bedroom Model at Ashland Lakes I starting at $1,205 with a $1.11 price per square foot in the Brooks Manor neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southwind Lakes ApartmentsIncome Restricted- 2 bed 2 bath A2BR,2BA$1.03
Ashland Lakes ITwo Bedroom2BR,2BA$1.11
The Oliver Apartment HomesThe Olive2BR,2BA$1.48
Anderson Estates3X13BR,1BA$1.06
Heritage Park2 Beds, 2 baths2BR,2BA$1.16
The Grove of Cayce2bedroom x 2bath2BR,2BA$1.23
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.41
Goodman Manor ApartmentsE-8 (Phase 1)2BR,1BA$1.29
The Gardens Apartments1x1The Gardens Apartments2BR,1BA$1.03
Center Court Apartments1BR-FLD1BR,1BA$1.43

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Waterford Apartments

What is the Cheapest Studio apartment in Waterford?

Currently the most affordable Cheap Studio Apartment in Waterford is at Springs at Buckingham Farms listed at $1,245.

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

The lowest price for a Cheap One Bedroom Waterford Apartment is $905 at The Links & The Greens at Oxford.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $750 at The Gardens Apartments.

What is the most affordable Waterford Three Bedroom Apartment?

The best deal on a cheap Waterford Three Bedroom Apartment rental is at Anderson Estates and starts from $1,038.

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!