Cheap Apartments for Rent in Waterford, WI from $532 (41 Rentals)

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

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300 E Spring St
Studio to 2 Bedroom Apartments

300 E Spring St

300 E Spring StWaterford, WI 53185
  • Utilities Included
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2550 Hidden Cir
2 Bedroom Apartments

2550 Hidden Cir

2550 Hidden CirWaterford, WI 53185
  • Utilities Included

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.

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.

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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Velo Village Apartments
Rent Specials
$1,655 - $3,598

Total Monthly Price

Base Rent$1,655 - $3,598

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Velo Village Apartments

7235 South Ballpark DrFranklin, WI 53132
Corporate Housing
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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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S85W18632-46 Jean Dr
2 Bedroom Apartments

S85W18632-46 Jean Dr

S85W18632-46 Jean DrMuskego, WI 53150
  • Utilities Included
property at 9129 W National Ave
$1,095 - $1,290
1 To 2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

9129 W National Ave

West AllisWI53227

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.

Waterford, WI Local Guide

Cheapest Available Waterford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterford, WI is a 1 Bed unit found at Mission Hills in the Fountainwood neighborhood priced from $1,195. The Boardwalk in the West Racine County Burlington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,220. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mission Hills1bx1b1BR, 1BA$1,195
The BoardwalkSeashellStudio, 1BA$1,220
Honey Creek ApartmentsBayview1BR, 1BA$1,290
Willow Glen Apartments2 Bed/1 Bath2BR, 1BA$1,400
Wildwood ApartmentsScottsdale2BR, 1BA$1,465
The Pointe Apartments1BR/1BA - B31BR, 1BA$1,475
The Oaks of Canopy HillCypress 1B1BR, 1BA$1,495
Clearwater Apartments1 Bed - Lower1BR, 1BA$1,550
Wyndridge Nominee ApartmentsPhase 1 - 1 BD / 1 BA Upper1BR, 1BA$1,551
Whitnall Park Apartments2AU-1 (WP2AU-1)2BR, 1BA$1,570

Best Value Apartments for Rent in Waterford, WI and Nearby

As of September 22, 2026 the best value apartment in the Waterford area is the $1.60 price per square foot Elder Model at Manchester Oaks in the Fountainwood neighborhood starting from $2,295. The second greatest value Waterford apartment is the 2 BD / 2 BA UPPER Model at Woodfield Rental Residences in the West Racine County Burlington neighborhood starting at $1,818 with a $1.48 price per square foot. Here is today’s list of the best values for Waterford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Manchester OaksElder3BR, 2BA$1.60
Woodfield Rental Residences2 BD / 2 BA UPPER2BR, 2BA$1.48
Muskego Condo Style Apartments +55 Community2BR Upper2BR, 1BA$1.36
Wildwood ApartmentsScottsdale2BR, 1BA$1.34
Whitnall Park Apartments2KM-1 (WP2KM-1)2BR, 1.5BA$1.66
Parkside ApartmentsPhase 3 - 2 Bed + Den, 1 Bath Upper2BR, 1BA$1.55
Wyndridge Nominee ApartmentsPhase 1 - 1 BD / 1 BA Upper1BR, 1BA$1.61
Willow Glen Apartments2 Bed/1 Bath2BR, 1BA$1.56
Honey Creek ApartmentsBayview Signature1BR, 1BA$1.58
Mission Hills1bx1b1BR, 1BA$1.53

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Apartments

How much is rent for a Cheap One Bedroom Waterford Apartment?

The lowest price for a Cheap One Bedroom Waterford Apartment is $1,195 at Mission Hills.

What is the lowest price for a Cheap Two Bedroom Waterford Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $1,400 at Willow Glen Apartments.

What is the most affordable Waterford Three Bedroom Apartment?

The best deal on a cheap Waterford Three Bedroom Apartment rental is at Honey Creek Apartments and starts from $1,705.

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.