Cheap Homes for Rent in Waterford, PA from $700 (9 Rentals)

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

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.

property at 1538 W 45th St

1538 W 45th St

EriePA16509

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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. Modern Tool Square in the Frontier neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Gate4 Bed Upgraded4BR,2BA$620
Modern Tool Square0BR/1.0BAStudio,1BA$725
Lighthouse Apartments1 bedroom1BR,1BA$750

Best Value Apartments for Rent in Waterford, PA and Nearby

As of June 21, 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 2 bedroom / 1.5 bath Model at Carriage Hill Townhouses starting at $1,294 with a $1.19 price per square foot in the Glenwood 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
Carriage Hill Townhouses2 bedroom / 1.5 bath2BR,1.5BA$1.19
University Gate3 Bed upgraded3BR,2BA$0.62
Hudson LoftsThe Beacon2BR,2BA$1.34
Lovell Place1 Bed/1 Bath1BR,1BA$1.33
Bayit Edinboro2 Bedroom Electricity Included2BR,1BA$1.22
Maple Lane Apartments1 Bed, 1 bath1BR,1BA$1.21
Northview Heights ApartmentsOne Bedroom1BR,1BA$1.31
Lighthouse Apartments1 bedroom1BR,1BA$1.15
The Reserve at MillcreekOne Bedroom A1BR,1BA$1.48

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Frequently Asked Questions about Waterford

What type of rentals are currently available in Waterford?

There are currently 41 Apartments for Rent in Waterford, PA with pricing that ranges from $555 to $10,171. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $210 to $6,000.

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 $210 to $6,000 with an average monthly rent of $1,620.

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 $560 to $2,134, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $6,000. Four Bedroom Single-Family rentals are also available starting from $210 and Four Bedroom Apartments start at $555.

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.