Cheap Homes for Rent in Waterford, NY from $600 (13 Rentals)

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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.

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.

property at 516 4th St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

516 4th St

TroyNY12180

Waterford, NY Local Guide

Cheapest Available Waterford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterford, NY is a 1 Bed unit found at The Delaware priced from $895. Diamond Rock Terrace Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The DelawareOne Bedroom1BR,1BA$895
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,175
City Lofts of Cohoes1BR/1.0BA1BR,1BA$1,395

Best Value Apartments for Rent in Waterford, NY and Nearby

As of June 15, 2026 the best value apartment in the Waterford area is the $0.80 price per square foot 538 7th Ave Model at 538 7th Ave, Unit 2 in the starting from $1,500. The second greatest value Waterford apartment is the 196 Main St (unit 1) Model at 196 Main St (unit 1) starting at $1,375 with a $1.15 price per square foot . 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.
538 7th Ave, Unit 2538 7th Ave3BR,1BA$0.80
196 Main St (unit 1)196 Main St (unit 1)2BR,1BA$1.15
884 3rd Ave884 3rd Ave3BR,1BA$1.35
125 2nd Ave, Unit 1W125 2nd Ave2BR,2BA$1.36
778 3rd Ave, Unit #1778 3rd Ave3BR,1BA$1.26
27 McElwain Ave27 McElwain Ave1BR,1BA$1.35
121 Ontario St, Unit 2nd floor121 Ontario St1BR,1BA$1.30
722 2nd Ave722 2nd Ave3BR,1BA$1.59
138 Mohawk St, Unit 138 Mohawk Street, Apt. 4138 Mohawk St1BR,1BA$1.53
The DelawareOne Bedroom1BR,1BA$1.19

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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Frequently Asked Questions about Waterford

What type of rentals are currently available in Waterford?

There are currently 207 Apartments for Rent in Waterford, NY with pricing that ranges from $975 to $3,290. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $695 to $4,700.

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 $695 to $4,700 with an average monthly rent of $1,760.

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 $1,295 to $3,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $3,750. Four Bedroom Single-Family rentals are also available starting from $695 and Four Bedroom Apartments start at $1,295.

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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A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY

Written by: Patrick Ryan

Albany, the capital of New York state, is a renter’s haven.  With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.