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Cheap Apartments for Rent in Waterford, WI from $400 (5 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
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.
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$532 - $1,1801 to 2 Bedroom Apartments Available Now
WOODVIEW SENIOR
S87W18193 Woods RdMuskego, WI 53150
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$953 - $1,6221 to 2 Bedroom Apartments Available Now
Whitnall Park Apartments
10591 W Cortez CirFranklin, WI 53132
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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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 Studio Apartments | $1,468 | $1,468 | $1,468 |
| Waterford 1 Bedroom Apartments | $1,505 | $464 | $3,560 |
| Waterford 2 Bedroom Apartments | $1,786 | $998 | $6,205 |
| Waterford 3 Bedroom Apartments | $1,952 | $1,152 | $4,375 |
Browse Top Apartments in Waterford
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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 River Park Place Apartments in the Orchards of Mukwonago neighborhood priced from $1,112. Mission Hills in the Fountainwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Park Place Apartments | 1 BD / 1 BA Upper | 1BR,1BA | $1,112 |
| Mission Hills | 1bx1b | 1BR,1BA | $1,145 |
| WOODVIEW SENIOR | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1,180 |
Best Value Apartments for Rent in Waterford, WI and Nearby
As of December 10, 2025 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, 1.5 Bath Townhome Model at Parkside Apartments starting at $1,627 with a $1.40 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. |
|---|---|---|---|
| Muskego Condo Style Apartments +55 Community | 2BR | 2BR,1BA | $1.20 |
| Parkside Apartments | 2 Bed, 1.5 Bath Townhome | 2BR,1.5BA | $1.40 |
| The Residences at Dunham Grove | Two Bedroom Two Bathroom - Upper | 2BR,2BA | $1.49 |
| CORNERSTONE COURT APARTMENT HOMES | 2 Bed 2 Bath Upper Interior | 2BR,2BA | $1.49 |
| WOODVIEW SENIOR | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1.05 |
| TRAILSIDE ESTATES APARTMENT HOMES | 2 BED 2 BATH SPLIT | 2BR,2BA | $1.59 |
| Clearwater Apartments | 1 Bed | 1BR,1BA | $1.63 |
| Honey Creek Apartments | Bayview Signature | 1BR,1BA | $1.52 |
| River Park Place Apartments | 2 BD / 1 BA Upper | 2BR,1BA | $1.44 |
| Mission Hills | 1bx1b | 1BR,1BA | $1.47 |
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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The 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.
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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!
Explore Waterford, WI Rentals by Map
See the most popular apartments and homes in Waterford, WI
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 $1,112 at River Park Place Apartments.
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
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!
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.