
Cheap Homes for Rent in Waterford, WI from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.


118 Evelyn Ln

1321 W Main St

406 Sheffield Rd

217 S Water St, Unit 219 S Water St.
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.

8905 360th Ave

7101 247th Ave

514 E Main St

317 E Hunt Ave
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 a home in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford 2 Bedroom Homes for Rent | $2,064 | $1,500 | $2,525 |
| Waterford 3 Bedroom Homes for Rent | $2,451 | $1,600 | $3,500 |
| Waterford 4 Bedroom Homes for Rent | $4,692 | $2,375 | $10,000+ |
| Waterford 5 Bedroom Homes for Rent | $4,100 | $4,100 | $4,100 |
Browse Top Homes for Rent 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 1 Bed unit found at Mission Hills in the Fountainwood neighborhood priced from $1,185. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mission Hills | 1bx1b | 1BR,1BA | $1,185 |
| The Pointe Apartments | Studio - A1 | Studio,1BA | $1,225 |
| Honey Creek Apartments | Bayview | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Waterford, WI and Nearby
As of November 14, 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 BD / 2 BA UPPER Model at Woodfield Rental Residences starting at $1,774 with a $1.45 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 |
| Woodfield Rental Residences | 2 BD / 2 BA UPPER | 2BR,2BA | $1.45 |
| Parkside Apartments | 2 Bed, 1.5 Bath Townhome | 2BR,1.5BA | $1.43 |
| CORNERSTONE COURT APARTMENT HOMES | 2 Bed 2 Bath Upper Split | 2BR,2BA | $1.64 |
| THE CORNERSTONE APARTMENT HOMES | 2 Bedroom 2 Bathroom - Lower | 2BR,2BA | $1.65 |
| Manchester Oaks | Bayberry | 1BR,1BA | $1.64 |
| Clearwater Apartments | 1 Bed | 1BR,1BA | $1.63 |
| Honey Creek Apartments | Bayview Signature | 1BR,1BA | $1.52 |
| The Granary Townhomes | 1A-LG | 1BR,1BA | $1.73 |
| Mission Hills | 1bx1b | 1BR,1BA | $1.52 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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 Waterford
What type of rentals are currently available in Waterford?
There are currently 67 Apartments for Rent in Waterford, WI with pricing that ranges from $464 to $6,095. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,300 to $10,000.
What is the current price range for Rental Homes in Waterford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford ranges from $1,300 to $10,000 with an average monthly rent of $2,921.
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.

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.

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.
