Cheap Homes for Rent in Waterford, PA from $900 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 1831 W Grandview Blvd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Jul 14

property at 1318 E 38th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Townhome for Rent

Available Jun 15

1318 E 38th St

EriePA16504
property at 55 Mindi Ct

$1,050

3 Bedroom, 1.5 Bath Home for Rent

Available Now

55 Mindi Ct

EriePA16510

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 1406 E 38th St

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1.5 Bath Home for Rent

Available Apr 1

1406 E 38th St

EriePA16504

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.

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 priced from $620. Willow Commons Apartments in the East Suburban Erie neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $704. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Gate4 Bed Upgraded4BR,2BA$620
Willow Commons ApartmentsOne Bedroom1BR,1BA$704
Lighthouse Apartments1 bedroom1BR,1BA$750
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
The Bowie0BR/1.0BAStudio,1BA$750

Best Value Apartments for Rent in Waterford, PA and Nearby

As of March 23, 2026 the best value apartment in the Waterford area is the $0.77 price per square foot The Nittany Model at Hudson Lofts in the starting from $1,055. 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$0.77
Lena CourtBrand New Townhouse2BR,1.5BA$1.11
University Gate3 Bed upgraded3BR,2BA$0.62
Willow Commons ApartmentsOne Bedroom1BR,1BA$0.78
Westgate Apartments2 Bed2BR,1.5BA$0.97
Bayit Edinboro3 Bedroom Apartment (Classic)3BR,1BA$1.22
Lovell Place1B1B1BR,1BA$1.13
Modern Tool Square1BR/1.0BA1BR,1BA$1.36
Lighthouse Apartments1 bedroom1BR,1BA$1.15
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.15

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waterford, PA Rentals by Map

View Map
Waterford, PA Apartments Map
View Map
Waterford, PA Rental Homes Map

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 $555 to $14,000. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $900 to $2,695.

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 $900 to $2,695 with an average monthly rent of $1,479.

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 $2,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $555.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.