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Cheap Apartments for Rent in Waterford, WI from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.
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$464 - $1,1521 to 3 Bedroom Apartments Contact Us For Availability
Fox Crossing II
200 Bridge StBurlington, WI 53105
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$532 - $1,1801 to 2 Bedroom Apartments Contact Us For Availability
WOODVIEW SENIOR
S87W18193 Woods RdMuskego, WI 53150
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$1,086 - $1,2311 to 2 Bedroom Apartments Available Sep 5
River Park Place Apartments
1014 River Park Cir WMukwonago, WI 53149
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.
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$1,155 - $1,6002 to 3 Bedroom Apartments Contact Us For Availability
Bear Arbor Apartments
801 Browns Lake DrBurlington, WI 53105
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$1,155 - $1,6751 to 2 Bedroom Apartments Available Now
Whitnall Park Apartments
10591 W Cortez CirFranklin, WI 53132
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Rent Specials
$1,185 - $1,5601 to 2 Bedroom Apartments Available Now
Mission Hills
7755 S Scepter DrFranklin, WI 53132
1484 S 92nd St
West AllisWI53214
6810 W Morgan Ave
MilwaukeeWI53219
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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.
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Showing Results 1-12, Page 1 of 1
Waterford, WI Local Guide
Winsconsin Cheese - Taste Why by punktoad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford 1 Bedroom Apartments | $1,584 | $464 | $5,553 |
| Waterford 2 Bedroom Apartments | $1,921 | $998 | $4,806 |
| Waterford 3 Bedroom Apartments | $2,134 | $1,152 | $4,140 |
Browse Top Apartments in Waterford
See all Apartments in WaterfordExplore Waterford
Waterford, WI Local Guide
- Nearby Cities
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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 $1,185. Honey Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mission Hills | 1bx1b | 1BR,1BA | $1,185 |
| Honey Creek Apartments | Bayview | 1BR,1BA | $1,235 |
| Forest Ridge Senior Community | Founders - 2 Bed, 2 Bath | 2BR,2BA | $1,270 |
| The Boardwalk | Pelican | 1BR,1BA | $1,305 |
| The Granary Townhomes | 1C-U | 1BR,1BA | $1,381 |
Best Value Apartments for Rent in Waterford, WI and Nearby
As of July 24, 2025 the best value apartment in the Waterford area is the $1.55 price per square foot Phase 2 - 2B / 2BA Upper Corner Updated w/ LVP Model at Wyndridge Nominee Apartments in the in the Fountainwood neighborhood starting from $1,994. The second greatest value Waterford apartment is the 2BR Model at Muskego Condo Style Apartments +55 Community starting at $1,695 with a $1.36 price per square foot in the Fountainwood neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wyndridge Nominee Apartments | Phase 2 - 2B / 2BA Upper Corner Updated w/ LVP | 2BR,2BA | $1.55 |
| Muskego Condo Style Apartments +55 Community | 2BR | 2BR,2BA | $1.36 |
| Manchester Oaks | Dahlia | 2BR,2BA | $1.54 |
| TRAILSIDE ESTATES APARTMENT HOMES | 2 BED 2 BATH SPLIT | 2BR,2BA | $1.59 |
| THE CORNERSTONE APARTMENT HOMES | 2 Bedroom 2 Bathroom - Split | 2BR,2BA | $1.60 |
| CORNERSTONE COURT APARTMENT HOMES | 2 Bed 2 Bath Lower | 2BR,2BA | $1.61 |
| Clearwater Apartments | 1 Bed | 1BR,1BA | $1.63 |
| Honey Creek Apartments | Bayview Signature | 1BR,1BA | $1.52 |
| Forest Ridge Senior Community | Founders - 2 Bed, 2 Bath | 2BR,2BA | $1.52 |
| Mission Hills | 1bx1b | 1BR,1BA | $1.56 |
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Best Local Schools in Waterford, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Waterford, WI
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,185 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 $1,270 at Forest Ridge Senior Community.
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 $1,635.
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.
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.
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.
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.
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.