
Cheap Homes for Rent near Waterford, PA from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.


336 Meadville St

1310 Wallace St

407 E 13th St

923 Chestnut St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

7401 Sterrettania Rd

2415 Eastern Ave

2120 Parade St

44 E Main St

3704 E Lake Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

274 Elk Creek Rd

722 E 7th St

23 Mindi Ct

1803 Woodlawn Ave

1106 E Lake Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1114 E 25th St

1080 Priestley Ave
Waterford, PA 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 | $1,210 | $800 | $2,200 |
| Waterford 3 Bedroom Homes for Rent | $1,524 | $850 | $2,900 |
| Waterford 4 Bedroom Homes for Rent | $1,865 | $1,360 | $3,000 |
Browse Top Homes for Rent in Waterford
Explore Waterford
Waterford, PA Local Guide
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Cheapest Available Waterford Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterford, PA is a 1 Bed unit found at Willow Commons Apartments in the East Suburban Erie neighborhood priced from $744. Park Row Apartments in the Frontier neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Commons Apartments | 1 Bedroom | 1BR,1BA | $744 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| Carleton Court Apartments | 0BR/1.0BA | Studio,1BA | $750 |
| 3535 State St | 1 Bed / 1 Bath | 1BR,1BA | $750 |
| The Bowie Apartments | 0BR/1.0BA | Studio,1BA | $775 |
Best Value Apartments for Rent in Waterford, PA and Nearby
As of August 07, 2026 the best value apartment in the Waterford area is the $1.38 price per square foot 2 Bedroom 1.5 Bath Townhome w/ Finished Basemen... Model at Willowood Village Apartments & Townhomes in the in the West Suburban Erie neighborhood starting from $1,795. The second greatest value Waterford apartment is the 2 Bedroom Model at Brookwood Village starting at $1,360 with a $1.09 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willowood Village Apartments & Townhomes | 2 Bedroom 1.5 Bath Townhome w/ Finished Basemen... | 2BR,1.5BA | $1.38 |
| Brookwood Village | 2 Bedroom | 2BR,1.5BA | $1.09 |
| Vineyard Village Townhome Style Apartments | 2 Story Townhouse | 2BR,1.5BA | $1.43 |
| Edinboro Townhomes and Apartments | 2 Bed Townhome | 2BR,1BA | $1.28 |
| Willow Commons Apartments | 1 Bedroom | 1BR,1BA | $0.83 |
| Westgate Apartments | 2 Bed | 2BR,1.5BA | $0.97 |
| Bayit Edinboro | 3 Bedroom Apartment (Classic) | 3BR,1BA | $1.06 |
| Lovell Place | 1B1B | 1BR,1BA | $1.30 |
| 3535 State St | 1 Bed / 1 Bath | 1BR,1BA | $1.05 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.15 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Waterford, PA
Fort Leboeuf Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterford, PA Rentals by Map
See the most popular apartments and homes in Waterford, PA
Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 46 Apartments for Rent in Waterford, PA with pricing that ranges from $600 to $2,680. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $650 to $6,950.
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 $650 to $6,950 with an average monthly rent of $1,609.
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 $605 to $2,289, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,360 and Four Bedroom Apartments start at $600.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.