Cheap Apartments for Rent in Waterford, PA from $400 (29 Rentals)

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

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.

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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.

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Plymouth Apartments
1 to 3 Bedroom Apartments

Plymouth Apartments

604-608 Chestnut StErie, PA 16502
  • Utilities Included

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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Lighthouse Apartments
1 to 2 Bedroom Apartments

Lighthouse Apartments

1206 E Lake RdErie, PA 16507
  • Utilities Included

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.

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Showing Results 1-29, 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 1 Bed unit found at Park Row Apartments in the Frontier neighborhood priced from $750. The Bowie Apartments in the Frontier neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
The Bowie Apartments0BR/1.0BAStudio,1BA$750
Bayit Edinboro1 Bedroom 1 Bathroom1BR,1BA$800
Westgate Apartments2 Bed2BR,1BA$875
716 Sassafras Apartments1 Bed, 1 bath1BR,1BA$890
The Reserve at MillcreekOne Bedroom A1BR,1BA$940
Lovell Place1B1B1BR,1BA$964
Cider Mill ApartmentsRenovated 1 BD 1 BA 091BR,1BA$1,080
Glenwood Towers071BR,1BA$1,185
Lena CourtBrand New Townhouse2BR,1BA$1,400

Best Value Apartments for Rent in Waterford, PA and Nearby

As of June 08, 2026 the best value apartment in the Waterford area is the $0.78 price per square foot The Nittany Model at Hudson Lofts in the in the Walczak Park neighborhood starting from $1,070. The second greatest value Waterford apartment is the Brand New Townhouse Model at Lena Court starting at $1,400 with a $1.11 price per square foot in the West Suburban Erie 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.
Hudson LoftsThe Nittany4BR,4BA$0.78
Lena CourtBrand New Townhouse2BR,1.5BA$1.11
Vineyard Village Townhome Style Apartments2 Story Townhouse2BR,1.5BA$1.43
Westgate Apartments2 Bed2BR,1.5BA$0.97
Modern Tool Square2BR/1.0BA2BR,1BA$1.74
Glenwood Towers071BR,1BA$1.45
Lovell Place1B1B1BR,1BA$1.21
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.15
Cider Mill ApartmentsRenovated 1 BD 1 BA 091BR,1BA$1.77
The Reserve at MillcreekOne Bedroom A1BR,1BA$1.63

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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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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Waterford, PA

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Remember the 3 Rules of Real Estate:
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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 The Bowie Apartments listed at $750.

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

The lowest price for a Cheap One Bedroom Waterford Apartment is $750 at Park Row 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 $875 at Westgate Apartments.

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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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.