Cheap Homes for Rent in Waterford, PA from $700 (16 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 31 Rena Dr

$1,050

3 Bedroom, 2 Bath Home for Rent

Available Now

31 Rena Dr

EriePA16510
property at 23 Mindi Ct

$1,050

3 Bedroom, 2 Bath Home for Rent

Available Now

23 Mindi Ct

EriePA16510

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.

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 $775. 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$775
Westgate Apartments2 Bed2BR,1BA$875
716 Sassafras Apartments1 Bed, 1 bath1BR,1BA$890
Bayit Edinboro2 Bedroom 1 Bathroom2BR,1BA$900

Best Value Apartments for Rent in Waterford, PA and Nearby

As of June 23, 2026 the best value apartment in the Waterford area is the $1.11 price per square foot Brand New Townhouse Model at Lena Court in the in the West Suburban Erie neighborhood starting from $1,400. The second greatest value Waterford apartment is the 2 Bedroom 2 Bath Ranch - 1140 Model at Idyllbrook Village starting at $2,680 with a $2.35 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.
Lena CourtBrand New Townhouse2BR,1.5BA$1.11
Idyllbrook Village2 Bedroom 2 Bath Ranch - 11402BR,2BA$2.35
Lovell Place2B1B2BR,1BA$1.06
Vineyard Village Townhome Style Apartments2 Story Townhouse2BR,1.5BA$1.43
Westgate Apartments2 Bed2BR,1.5BA$0.97
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.15
Northview Heights ApartmentsOne Bedroom1BR,1BA$1.51
Cider Mill ApartmentsRenovated 1 BD 1 BA 091BR,1BA$1.77
The Reserve at MillcreekOne Bedroom A1BR,1BA$1.63
The Bowie Apartments0BR/1.0BAStudio ,1BA$2.42

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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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 46 Apartments for Rent in Waterford, PA with pricing that ranges from $600 to $2,680. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $700 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 $700 to $6,950 with an average monthly rent of $1,876.

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 $2,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,150 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

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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.

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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.