Cheap Apartments for Rent in Waterford, WI from $400 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.

Fox Crossing II
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.

WOODVIEW SENIOR

3235 S 48th St
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, WI Local Guide

How much does it cost to rent an apartment in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford 1 Bedroom Apartments | $1,547 | $464 | $3,780 |
| Waterford 2 Bedroom Apartments | $1,825 | $998 | $5,885 |
| Waterford 3 Bedroom Apartments | $2,090 | $1,152 | $5,935 |
Browse Top Apartments in Waterford
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Waterford, WI Local Guide
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Cheapest Available Waterford Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterford, WI is a 2 Beds unit found at WOODVIEW SENIOR in the Meadow Green neighborhood priced from $1,180. Mission Hills in the Fountainwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| WOODVIEW SENIOR | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1,180 |
| Mission Hills | 1bx1b | 1BR,1BA | $1,225 |
| Honey Creek Apartments | Bayview | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Waterford, WI and Nearby
As of January 03, 2026 the best value apartment in the Waterford area is the $1.20 price per square foot 2BR Model at Muskego Condo Style Apartments +55 Community in the in the Fountainwood neighborhood starting from $1,495. The second greatest value Waterford apartment is the 2 Bed 2 Bath Upper Interior Model at CORNERSTONE COURT APARTMENT HOMES starting at $1,699 with a $1.49 price per square foot in the West Racine County Burlington 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. |
|---|---|---|---|
| Muskego Condo Style Apartments +55 Community | 2BR | 2BR,1BA | $1.20 |
| CORNERSTONE COURT APARTMENT HOMES | 2 Bed 2 Bath Upper Interior | 2BR,2BA | $1.49 |
| WOODVIEW SENIOR | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1.05 |
| The Residences at Dunham Grove | Two Bedroom Two Bathroom - Upper Split | 2BR,2BA | $1.60 |
| TRAILSIDE ESTATES APARTMENT HOMES | 2 BED 2 BATH LOWER | 2BR,2BA | $1.63 |
| THE CORNERSTONE APARTMENT HOMES | 2 Bedroom 2 Bathroom - Lower | 2BR,2BA | $1.65 |
| Parkside Apartments | Phase 1 - 2 Bed, 1 Bath Garden (F) | 2BR,1BA | $1.42 |
| Clearwater Apartments | 1 Bed | 1BR,1BA | $1.63 |
| Honey Creek Apartments | Bayview Signature | 1BR,1BA | $1.52 |
| Mission Hills | 1bx1b | 1BR,1BA | $1.57 |
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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Waterford, WI
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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 $1,225 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 $1,180 at WOODVIEW SENIOR.
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
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

