Cheap Apartments for Rent in Waterford, WI from $400 (24 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

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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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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S85W18632-46 Jean Dr
2 Bedroom Apartments

S85W18632-46 Jean Dr

S85W18632-46 Jean DrMuskego, WI 53150
  • Utilities Included

Cash 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.

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Waterford, WI Local Guide

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. The Pointe Apartments in the Orchards of Mukwonago neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here is today’s list of the most affordable Waterford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
WOODVIEW SENIOR2 Bedrooms 1 Bathroom2BR,1BA$1,180
The Pointe ApartmentsStudio - A1Studio,1BA$1,225
Whitnall Park Apartments1ML-1 (WP1ML-1)1BR,1BA$1,230
Mission Hills1bx1b1BR,1BA$1,247
Honey Creek ApartmentsBayview1BR,1BA$1,290

Best Value Apartments for Rent in Waterford, WI and Nearby

As of June 22, 2026 the best value apartment in the Waterford area is the $1.75 price per square foot 2392-H Model at Will Rose Apartments LLC in the in the Fountainwood neighborhood starting from $2,605. The second greatest value Waterford apartment is the 2BR Upper Model at Muskego Condo Style Apartments +55 Community starting at $1,795 with a $1.44 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Will Rose Apartments LLC2392-H2BR,2BA$1.75
Muskego Condo Style Apartments +55 Community2BR Upper2BR,2BA$1.44
The View at Towne Center1 Bedroom Plus Den1BR,1.5BA$1.69
Manchester OaksCypress2BR,2BA$1.75
WOODVIEW SENIOR2 Bedrooms 1 Bathroom2BR,1BA$1.05
Honey Creek ApartmentsBayview Signature1BR,1BA$1.58
Forest Ridge Senior CommunityFounders - 2 Bed, 2 Bath2BR,2BA$1.77
The Granary Townhomes1C-U1BR,1BA$1.67
Mission Hills1bx1b1BR,1BA$1.60
Whitnall Park Apartments1OM-1 (WP1OM-1)1BR,1BA$1.80

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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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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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 $1,230 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 $1,180 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 $1,705.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.