Cheap Homes for Rent in Waterford Township, MI from $1,000 (9 Rentals)

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

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.

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 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 Clarkston Place Apartments priced from $775. Colony Hill Apartments in the Forestbrook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Waterford Township apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Clarkston Place ApartmentsOne Bedroom1BR,1BA$775
Colony Hill ApartmentsOne Bedroom1BR,1BA$800
Rivers Edge ApartmentsPrimrose1BR,1BA$856

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

As of July 29, 2025 the best value apartment in the Waterford Township area is the $1.21 price per square foot Elm Model at Cherokee Hills Apartments in the in the Seminole Hills neighborhood starting from $1,210. The second greatest value Waterford Township apartment is the Two Bedroom Model at Colony Hill Apartments starting at $900 with a $0.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cherokee Hills ApartmentsElm2BR,1BA$1.21
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.90
Ashton PinesSpruce2BR,1BA$1.30
Waterford Square2 Bedroom, 2 Bath Apartment2BR,2BA$1.22
Chalet Villa Lakefront CommunityLarge 1 Bed Apartment with Balcony, Lakefront C...1BR,1BA$1.15
Clarkston Place ApartmentsTwo bedroom2BR,1BA$1.33
Briarwood ApartmentsBridgewater1BR,1BA$1.35
Heritage Park East1 Bedroom Apartment Premium1BR,1BA$1.31
Laketree1 Bed 1 Bath1BR,1BA$1.35
3188-3192 Sashabaw Rd.1 Bedroom Ranch Apartment In Waterford, Clean a...1BR,1BA$1.34

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Frequently Asked Questions about Waterford Township

What type of rentals are currently available in Waterford Township?

There are currently 37 Apartments for Rent in Waterford Township, MI with pricing that ranges from $693 to $3,246. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford Township ranging from $1,095 to $4,200.

What is the current price range for Rental Homes in Waterford Township?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford Township ranges from $1,095 to $4,200 with an average monthly rent of $2,344.

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.

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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.