
Cheap Homes for Rent in Waterford Township, MI from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford Township.


758 W Huron St

21 Canal Dr

14 Riverbank Dr

773 Owego Dr

49 Canal Dr

151 Huronview Ct
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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.

920 Premont Ave

177 W Rundell St

25 Riverbank Dr

27 Riverbank Dr

57 Joy St

1323 Laurel Valley Dr

1323 Laurel Valley Dr
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.
Waterford Township, MI Local Guide

How much does it cost to rent a home in Waterford Township?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford Township 2 Bedroom Homes for Rent | $1,413 | $875 | $2,375 |
| Waterford Township 3 Bedroom Homes for Rent | $2,401 | $1,050 | $4,300 |
| Waterford Township 4 Bedroom Homes for Rent | $2,730 | $2,100 | $3,300 |
| Waterford Township 5 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Browse Top Homes for Rent in Waterford Township
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Waterford Township, MI Local Guide
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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 Forestbrook neighborhood priced from $750. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Adams Lake Apartments | 1 Bedroom Apartment | 1BR,1BA | $750 |
| Colony Hill Apartments | One Bedroom | 1BR,1BA | $800 |
| Pine Lake Apartments | The Juniper | 1BR,1BA | $895 |
| Ashton Pines | Austrian | 1BR,1BA | $925 |
| Round Hill Apartments | The Arlington | 1BR,1BA | $939 |
Best Value Apartments for Rent in Waterford Township, MI and Nearby
As of February 25, 2026 the best value apartment in the Waterford Township area is the $1.14 price per square foot Birch Model at Cherokee Hills Apartments in the in the Seminole Hills neighborhood starting from $1,255. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cherokee Hills Apartments | Birch | 2BR,1BA | $1.14 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
| Briarwood Apartments | Danbrook | 2BR,1.5BA | $1.35 |
| Elizabeth Lake Estates | 1B1BD4 | 1BR,1BA | $1.27 |
| The Crossing at Auburn Hills | 2 Bed 2 Bath | 2BR,2BA | $1.34 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $0.92 |
| Woodlake Hills | 2Bed1Bath | 2BR,1BA | $1.18 |
| Heritage Park East | 1 Bedroom Apartment Premium | 1BR,1BA | $1.14 |
| Ashton Pines | Frasier | 2BR,1BA | $1.35 |
| Pine Lake Apartments | The Juniper | 1BR,1BA | $1.15 |
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Waterford Township
What type of rentals are currently available in Waterford Township?
There are currently 40 Apartments for Rent in Waterford Township, MI with pricing that ranges from $693 to $2,975. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford Township ranging from $875 to $4,300.
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 $875 to $4,300 with an average monthly rent of $2,347.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.