Cheap Homes for Rent in Waterford Township, MI from $800 (19 Rentals)

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

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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. Rivers Edge Apartments in the Forestbrook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $889. 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
Rivers Edge ApartmentsPrimrose1BR,1BA$889
Edgewood Park Apartments1 Bedroom, 1 Bathroom1BR,1BA$950
Chalet Villa Lakefront CommunityLarge 1 Bed Apartment with Balcony, Lakefront C...1BR,1BA$990
Bavarian Village on the LakeOne Bedroom Apartment1BR,1BA$995

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

As of September 13, 2025 the best value apartment in the Waterford Township area is the $1.08 price per square foot 2B1B3 Model at Elizabeth Lake Estates in the in the Forestbrook neighborhood starting from $1,215. 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.
Elizabeth Lake Estates2B1B32BR,1BA$1.08
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.90
Ashton PinesSpruce2BR,1BA$1.35
Greens Lake ApartmentsThe Oakmont1BR,1BA$1.39
Waterford Square2 Bedroom, 2 Bath Apartment2BR,2BA$1.27
Heritage Park East1 Bedroom Apartment Premium1BR,1BA$1.18
Cherokee Hills ApartmentsCedar1BR,1BA$1.33
Laketree1 Bed 1 Bath1BR,1BA$1.33
Clarkston Place ApartmentsOne Bedroom1BR,1BA$1.35
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1.39

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Pet Friendly Lifestyle

Ranked #

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

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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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See the most popular apartments and homes in Waterford Township, MI

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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 $3,075. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford Township ranging from $800 to $4,700.

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 $800 to $4,700 with an average monthly rent of $1,899.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.