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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 Contact Us For Availability
WOODVIEW SENIOR
S87W18193 Woods RdMuskego, WI 53150
1484 S 92nd St
West AllisWI53214
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 | $1,527 | $464 | $3,610 |
| Waterford 2 Bedroom Apartments | $1,766 | $998 | $5,615 |
| Waterford 3 Bedroom Apartments | $2,124 | $1,152 | $4,145 |
Browse Top Apartments in Waterford
See all Apartments in WaterfordExplore Waterford
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 1 Bed unit found at Whitnall Park Apartments in the Fountainwood neighborhood priced from $1,193. River Park Place Apartments in the Orchards of Mukwonago neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,206. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whitnall Park Apartments | 1I/L-1 (WP1IL-1) | 1BR,1BA | $1,193 |
| River Park Place Apartments | 2 BD / 1 BA Upper | 2BR,1BA | $1,206 |
| Mission Hills | 1bx1b | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Waterford, WI and Nearby
As of September 07, 2025 the best value apartment in the Waterford area is the $1.36 price per square foot 2BR Model at Muskego Condo Style Apartments +55 Community in the in the Fountainwood neighborhood starting from $1,695. The second greatest value Waterford apartment is the 2 Bedrooms Upper Interior Model at PHANTOM WOODS ESTATES starting at $1,660 with a $1.38 price per square foot in the Orchards of Mukwonago 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,2BA | $1.36 |
| PHANTOM WOODS ESTATES | 2 Bedrooms Upper Interior | 2BR,2BA | $1.38 |
| Manchester Oaks | Dahlia | 2BR,2BA | $1.65 |
| TRAILSIDE ESTATES APARTMENT HOMES | 2 BED 2 BATH SPLIT | 2BR,2BA | $1.59 |
| THE CORNERSTONE APARTMENT HOMES | 2 Bedroom 2 Bathroom - Split | 2BR,2BA | $1.64 |
| Parkside Apartments | Phase 1 - 2 Bed, 1 Bath Garden Deluxe | 2BR,1BA | $1.35 |
| 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 | $1.56 |
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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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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 $1,193 at Whitnall Park 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 $1,206 at River Park Place 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 $1,635.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.