1 Bedroom Apartments for Rent in Waters, MI (47 Rentals)

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Oak Shore Commons
Rent Specials
$1,649
Total Monthly Price

Total Monthly Price

Base Rent
$1,649 - $2,900
Total Monthly Price
$1,649 - $2,900
1 Bedroom Apartments Available Now

Oak Shore Commons

6455 US Highway 31 NWilliamsburg, MI 49690
Corporate Housing
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  • Utilities Included
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Legends Morgan Farms
Rent Specials
$1,697 - $2,002
Total Monthly Price

Total Monthly Price

Base Rent
$1,392 - $2,065
Required Monthly Fees
$305
Total Monthly Price
$1,697 - $2,370
1 Bedroom Apartments Available Now

Legends Morgan Farms

12300 S Lovell LnTraverse City, MI 49684
Eco-Friendly
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Edge 72
$1,687 - $2,034
Total Monthly Price

Total Monthly Price

Base Rent
$1,197 - $2,825
Required Monthly Fees
$490
Total Monthly Price
$1,687 - $3,315
1 Bedroom Apartments Available May 8

Edge 72

6028 Traverse Edge WayTraverse City, MI 49684
Outdoors
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Mackinaw Apartments
1 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
Corporate Housing
  • Utilities Included
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Cheboygan Shores
1 Bedroom Apartments

Cheboygan Shores

328 Duncan AveCheboygan, MI 49721
Senior Living
  • Utilities Included
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Victories Square
1 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included
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Liv Arbors
1 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685
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Brookside Commons
1 Bedroom Apartments

Brookside Commons

4155 Sprucewood DrTraverse City, MI 49684
  • Utilities Included
Showing Results 1-47, Page 1 of 1

Waters, MI Local Guide

Largest Available Waters and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Waters, MI is found at Legends Morgan Farms and is 966 square feet priced from $1,826. The Block at Petoskey has the second largest 1 Bedroom, which is sized at 958 square feet and currently listed start at $1,725. Here is today’s list of the largest available 1 Bedroom units in Waters:

Apartment ListingModel NameSquare FootagePriced From
Legends Morgan FarmsLeland Bay966 Sq Ft$1,826
The Block at Petoskey1BC Rent & Income Restrictions Apply958 Sq Ft$1,725
Pines45 ApartmentsAspen815 Sq Ft$1,380
West End LoftsA2767 Sq Ft$2,029
Chelsea Park WestArcadia Bay746 Sq Ft$1,394
Parkview ApartmentsOne bedroom729 Sq Ft$694
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath700 Sq Ft$1,300
Bayview of Traverse City1 Bedroom, 1 Bath Apartment685 Sq Ft$1,730
Oak Shore Commons1 Bed 1 Bath667 Sq Ft$1,649
Little Traverse Village1 Bedroom 1 Bathroom660 Sq Ft$1,350

Cheapest Available Waters and Nearby 1 Bedroom Apartments

As of February 28, 2026 the lowest priced 1 Bedroom apartment unit in Waters, MI is the 1 BEDROOM Model starting from $500 at Oak Terrace . The second most affordable Waters 1 Bedroom is the One bedroom Model at Parkview Apartments starting at $694 in the Downtown Traverse City neighborhood. The average price for all 1 Bedroom apartments in Waters is currently $1,518. Here is today’s list of the cheapest available 1 Bedroom options in Waters:

Apartment ListingModel NamePriced From
Oak Terrace1 BEDROOM$500
Parkview ApartmentsOne bedroom$694
Inland Lakes MotelDouble Queen$875
Garfield OaksOne Bed One Bath$1,200
Totem LodgesQueen Bed Rm$1,250
The Block at Petoskey1BA Rent & Income Restrictions Apply$1,295
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath$1,300
Pines45 ApartmentsAlpine$1,330
Little Traverse Village1 Bedroom 1 Bathroom$1,350
Chelsea Park WestArcadia$1,394

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waters, MI Rentals by Map

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Frequently Asked Questions about 1 Bedroom Waters Apartments

What is the Cheapest apartment in Waters with 1 Bedroom?

Currently the most affordable 1 Bedroom in Waters is at Oak Terrace listed at $500.

How much is the average rent for a 1 Bedroom Waters Apartment?

The average rent for a 1 Bedroom Apartment in Waters is $1,518.

What is the largest available 1 Bedroom Waters Apartment for rent?

Today's apartment with the most square footage in Waters is a 966 square feet unit starting from $1,826 at Legends Morgan Farms.

What is the average size for Waters 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Waters is currently 760 sq ft.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.