Cheap Apartments for Rent in Waterford Township, MI from $600 (22 Rentals)

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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.

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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.

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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.

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Waterford Township, MI Local Guide

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. Adams Lake Apartments in the Forestbrook neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Waterford Township apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colony Hill ApartmentsOne Bedroom1BR,1BA$800
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$850
Waterford Square1 Bedroom, 1 Bath Apartment1BR,1BA$899
Round Hill ApartmentsThe Arlington1BR,1BA$919
Rivers Edge ApartmentsPrimrose1BR,1BA$922

Best Value Apartments for Rent in Waterford Township, MI and Nearby

As of January 15, 2026 the best value apartment in the Waterford Township area is the $1.24 price per square foot 2B15BTH2 Model at Elizabeth Lake Estates in the in the Forestbrook neighborhood starting from $1,544. The second greatest value Waterford Township apartment is the Elm Model at Cherokee Hills Apartments starting at $1,095 with a $1.10 price per square foot in the Seminole Hills neighborhood. Here is today’s list of the best values for Waterford Township apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elizabeth Lake Estates2B15BTH22BR,1.5BA$1.24
Cherokee Hills ApartmentsElm2BR,1BA$1.10
Briarwood ApartmentsDanbrook2BR,1.5BA$1.35
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.90
The Crossing at Auburn Hills2 Bed 2 Bath2BR,2BA$1.34
Round Hill ApartmentsThe Barrington Deluxe2BR,1.5BA$1.35
Greens Lake ApartmentsThe Oakmont1BR,1BA$1.26
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$0.92
Ashton PinesDouglas2BR,1BA$1.39
Pine Lake ApartmentsThe Spruce2BR,1BA$1.19

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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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.

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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.

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

Explore Waterford Township, MI Rentals by Map

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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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!