
Cheap Apartments for Rent in Waterford Township, MI from $600 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford Township.


139 Draper Ave

1824 Colonial Village Way

Cedargate Apartments

Adams Lake Apartments

Colony Hill Apartments

Rivers Edge Apartments
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.

Waterford Square

Pine Lake Apartments

Ashton Pines

Heritage Park East

Round Hill Apartments

3188-3192 Sashabaw Rd.

Edgewood Park Apartments

Woodlake Hills
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.

Chalet Villa Lakefront Community

Cherokee Hills Apartments

Waterford Pines

Greyberry Park Apartments

Independence Square Apartments

Glengarry Park - Waterford Twp, MI

Greens Lake Apartments

Briarwood Apartments
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.

Bridgewater Park of Clarkston

Crescent Manor

Laketree

111 W Cornell Ave

14 Riverbank Dr

21 Canal Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

46 W Strathmore Ave

49 Canal Dr

758 W Huron St
Waterford Township, MI Local Guide

How much does it cost to rent an apartment in Waterford Township?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford Township Studio Apartments | $838 | $693 | $1,122 |
| Waterford Township 1 Bedroom Apartments | $1,187 | $750 | $1,695 |
| Waterford Township 2 Bedroom Apartments | $1,554 | $850 | $3,025 |
| Waterford Township 3 Bedroom Apartments | $1,663 | $1,325 | $2,100 |
Browse Top Apartments in Waterford Township
See all Apartments in Waterford TownshipExplore Waterford Township
Waterford Township, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Waterford Township Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterford Township, MI is a 1 Bed unit found at Colony Hill Apartments in the Forestbrook neighborhood priced from $800. Waterford Square in the Forestbrook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Waterford Township apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Hill Apartments | One Bedroom | 1BR,1BA | $800 |
| Waterford Square | 1 Bedroom, 1 Bath Apartment | 1BR,1BA | $849 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $850 |
| Ashton Pines | Austrian | 1BR,1BA | $899 |
| Heritage Park East | 1 Bedroom Apartment | 1BR,1BA | $899 |
| Round Hill Apartments | The Arlington | 1BR,1BA | $919 |
| Rivers Edge Apartments | Primrose | 1BR,1BA | $933 |
| Chalet Villa Lakefront Community | Large 1 Bed Apartment with Balcony, Lakefront C... | 1BR,1BA | $990 |
| Elizabeth Lake Estates | 1B1B4 | 1BR,1BA | $1,036 |
| Waterford Pines | 1 bed 1 bath | 1BR,1BA | $1,077 |
Best Value Apartments for Rent in Waterford Township, MI and Nearby
As of December 29, 2025 the best value apartment in the Waterford Township area is the $1.29 price per square foot 3329 Sashabaw Rd Model at 3329 Sashabaw Rd, Unit #1 in the starting from $1,800. The second greatest value Waterford Township apartment is the 2B15BTH2 Model at Elizabeth Lake Estates starting at $1,494 with a $1.20 price per square foot in the Forestbrook neighborhood. Here is today’s list of the best values for Waterford Township apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3329 Sashabaw Rd, Unit #1 | 3329 Sashabaw Rd | 3BR,1.5BA | $1.29 |
| Elizabeth Lake Estates | 2B15BTH2 | 2BR,1.5BA | $1.20 |
| Cherokee Hills Apartments | Elm | 2BR,1BA | $1.10 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
| The Crossing at Auburn Hills | 2 Bed 2 Bath | 2BR,2BA | $1.34 |
| Round Hill Apartments | The Barrington Deluxe | 2BR,1.5BA | $1.35 |
| Heritage Park East | 2 Bedroom Apartment | 2BR,1BA | $1.08 |
| Greens Lake Apartments | The Oakmont | 1BR,1BA | $1.36 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $0.92 |
| Ashton Pines | Austrian | 1BR,1BA | $1.20 |
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 ArticleThe 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 ArticleCash 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 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.
Pet Friendly Lifestyle
Ranked #
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterford Township, MI Rentals by Map
See the most popular apartments and homes in Waterford Township, MI
Frequently Asked Questions about Cheap Waterford Township Apartments
How much is rent for a Cheap One Bedroom Waterford Township Apartment?
The lowest price for a Cheap One Bedroom Waterford Township Apartment is $800 at Colony Hill Apartments.
What is the lowest price for a Cheap Two Bedroom Waterford Township Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterford Township is starting from $850 at Adams Lake Apartments.
What is the most affordable Waterford Township Three Bedroom Apartment?
The best deal on a cheap Waterford Township Three Bedroom Apartment rental is at The Crossing at Auburn Hills and starts from $1,325.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


