3 Bedroom Apartments for Rent in Waters, MI (40 Rentals)

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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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.

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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Terrace Bluff Condominiums
3 Bedroom Apartments

Terrace Bluff Condominiums

1186-1243 Terrace Bluff DrTraverse City, MI 49686
  • Utilities Included
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Lighthouse Village
3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
  • Utilities Included

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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Brookside Commons
3 Bedroom Apartments

Brookside Commons

4155 Sprucewood DrTraverse City, MI 49684
  • Utilities Included
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Manitou Woods
3 Bedroom Apartments

Manitou Woods

1021 Manitou DrTraverse City, MI 49686
  • Utilities Included
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Liv Arbors
3 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685
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Oleson's West
3 Bedroom Apartments

Oleson's West

3860 N Long Lake RdTraverse City, MI 49684
  • Utilities Included
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Ruth Park
3 Bedroom Apartments

Ruth Park

520 Wellington StTraverse City, MI 49686
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Stargate Motel
3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included
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Totem Lodges
3 Bedroom Apartments

Totem Lodges

4846 S Straits HwyIndian River, MI 49749
  • Utilities Included

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.

Waters, MI Local Guide

Largest Available Waters and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Waters, MI is found at Bayview of Traverse City and is 2,016 square feet priced from $3,295. Edge 72 has the second largest 3 Bedroom, which is sized at 1,870 square feet and currently listed start at $3,050. Here is today’s list of the largest available 3 Bedroom units in Waters:

Apartment ListingModel NameSquare FootagePriced From
Bayview of Traverse City3 Bedroom, 3.5 Bath Townhome2,016 Sq Ft$3,295
Edge 72Three Bedroom Townhome1,870 Sq Ft$3,050
Oak Shore Commons3 Bed 2 Bath1,352 Sq Ft$2,398
Manitou Woods3BD/2.5BA1,330 Sq Ft$2,025
Brookside CommonsThree Bedroom1,265 Sq Ft$1,213
Presque Isle Estates16371,020 Sq Ft$750

Cheapest Available Waters and Nearby 3 Bedroom Apartments

As of May 30, 2026 the lowest priced 3 Bedroom apartment unit in Waters, MI is the 1637 Model starting from $750 at Presque Isle Estates . The second most affordable Waters 3 Bedroom is the New Double-Wide Model at Aspen Village starting at $1,200 . The average price for all 3 Bedroom apartments in Waters is currently $2,277. Here is today’s list of the cheapest available 3 Bedroom options in Waters:

Apartment ListingModel NamePriced From
Presque Isle Estates1637$750
Aspen VillageNew Double-Wide$1,200
Brookside CommonsThree Bedroom$1,213
Manitou Woods3BD/2.5BA$2,025
Oak Shore Commons3 Bed 2 Bath$2,398
Edge 72Three Bedroom Townhome$3,050
Bayview of Traverse City3 Bedroom, 3.5 Bath Townhome$3,295
The Flats of Acme VillageWoodhouse$3,500

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 3 Bedroom Waters Apartments

How much is the average rent for a 3 Bedroom Waters Apartment?

The average rent for a 3 Bedroom Apartment in Waters is $2,277.

What is the largest available 3 Bedroom Waters Apartment for rent?

Today's apartment with the most square footage in Waters is a 2,016 square feet unit starting from $3,295 at Bayview of Traverse City.

What is the average size for Waters 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Waters is currently 1,862 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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.