Cheap Apartments for Rent in Waterford Township, MI from $600 (49 Rentals)

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

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4081 Airport Rd
2 Bedroom Apartments

4081 Airport Rd

4081 Airport RdWaterford Township, MI 48329

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Legends Fox Creek
$1,378 - $2,086
Total Monthly Price

Total Monthly Price

Base Rent
$1,378 - $2,086
Total Monthly Price
$1,378 - $2,086
1 to 2 Bedroom Apartments Available Now

Legends Fox Creek

4855 Fox CrkClarkston, MI 48346
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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3188 Sashabaw Rd
1 Bedroom Apartments

3188 Sashabaw Rd

3188 Sashabaw RdWaterford, MI 48329
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Driftwood Apartments
1 to 2 Bedroom Apartments

Driftwood Apartments

3058 Dixie HwyWaterford, MI 48328
Corporate Housing

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.

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CLARKSTON APT
1 to 2 Bedroom Apartments

CLARKSTON APT

6800 LingorClarkston, MI 48346
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Lakeland Place
1 to 2 Bedroom Apartments

Lakeland Place

2700 Elizabeth Lake RdWaterford, MI 48328
Senior Living
  • Utilities Included

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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Showing Results 1-49, Page 1 of 1

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 Adams Lake Apartments in the Waterford neighborhood priced from $750. Colony Hill Apartments in the Waterford neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Waterford Township apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Adams Lake Apartments1 Bedroom Apartment1BR,1BA$750
Colony Hill ApartmentsOne Bedroom1BR,1BA$850
Rivers Edge ApartmentsPrimrose1BR,1BA$901
Heritage Park EastSterling1BR,1BA$935
Ashton PinesAustrian1BR,1BA$949
Chalet Villa Lakefront Community1/1 Premium1BR,1BA$950
Edgewood Park Apartments1 Bedroom, 1 Bathroom1BR,1BA$950
Round Hill ApartmentsThe Arlington1BR,1BA$999
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1,045
Woodlake Hills2 Bed 1 Bath2BR,1BA$1,055

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

As of July 24, 2026 the best value apartment in the Waterford Township area is the $1.31 price per square foot 2B15B5 Model at Elizabeth Lake Estates in the in the Waterford neighborhood starting from $1,465. The second greatest value Waterford Township apartment is the Two Bedroom Model at Colony Hill Apartments starting at $950 with a $0.95 price per square foot in the Waterford 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 Estates2B15B52BR,1.5BA$1.31
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.95
The Crossing at Auburn Hills2 Bed 2 Bath2BR,2BA$1.24
Laketree2 Bed 1 Bath2BR,1BA$1.20
Crescent ManorDeluxe 2 Bedroom2BR,1BA$1.25
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$0.92
Woodlake Hills2 Bed 1 Bath2BR,1BA$1.18
34 North of WaterfordB32BR,2BA$1.33
Heritage Park EastAddison1BR,1BA$1.12
Cherokee Hills ApartmentsCedar1BR,1BA$1.34

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 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 $750 at Adams Lake 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 $1,275.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.