Cheap Apartments for Rent in Waterford, PA from $500 (19 Rentals)

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

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-19, Page 1 of 1

Waterford, PA Local Guide

Cheapest Available Waterford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterford, PA is a 4 Beds unit found at University Gate in the Walczak Park neighborhood priced from $620. Landmark Square Apartments in the Frontier neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Gate4 Bed Upgraded4BR,2BA$620
Landmark Square Apartments1 Bedroom Basement1BR,1BA$700
Lighthouse Apartments1 bedroom1BR,1BA$750
Maple Lane Apartments1 Bed, 1 bath1BR,1BA$800
The Bowie ApartmentsStudioStudio,1BA$800

Best Value Apartments for Rent in Waterford, PA and Nearby

As of September 06, 2025 the best value apartment in the Waterford area is the $1.07 price per square foot Townhouse with Full Basement Model at Lena Court in the in the West Suburban Erie neighborhood starting from $1,350. The second greatest value Waterford apartment is the 3 Bed upgraded Model at University Gate starting at $630 with a $0.62 price per square foot in the Walczak Park 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.
Lena CourtTownhouse with Full Basement2BR,1.5BA$1.07
University Gate3 Bed upgraded3BR,2BA$0.62
Carriage Hill Erie2 Bedroom, 1 Bathroom2BR,1BA$1.29
Bayit EdinboroStirling 2 Bedroom 1 Bathroom2BR,1BA$1.36
Hudson LoftsThe Beacon2BR,2BA$1.35
Lovell Place1B1B1BR,1BA$1.18
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.13
Maple Lane Apartments1 Bed, 1 bath1BR,1BA$1.21
Lighthouse Apartments1 bedroom1BR,1BA$1.15
Northview Heights ApartmentsOne Bedroom1BR,1BA$1.31

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Waterford, PA

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Getting Around Waterford, PA

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 The Bowie Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Waterford Apartment is $700 at Landmark Square Apartments.

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 $670 at University Gate.

What is the most affordable Waterford Three Bedroom Apartment?

The best deal on a cheap Waterford Three Bedroom Apartment rental is at University Gate and starts from $630.

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.