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$500 - $1,1941 Bedroom Apartments Available Now
Oak Terrace
1240 Oak Terrace DrTraverse City, MI 49686
Cheap Apartments for Rent in Waters, MI from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Waters.
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$575 - $7002 to 3 Bedroom Apartments Available Now
Presque Isle Estates
429 Balsam StRogers City, MI 49779
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$6502 Bedroom Apartments Available Now
Thunder Bay Estates
628 S Ripley BlvdAlpena, MI 49707
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$694 - $1,2951 to 2 Bedroom Apartments Available Now
Parkview Apartments
1223 E Eighth StTraverse City, MI 49686
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$7502 Bedroom Apartments Available Now
Harrison Estates Mobile Home Community
2600 Mostetler RdHarrison, MI 48625
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$800 - $9502 Bedroom Apartments Available Now
Stargate Motel
4646 S Straits HwyIndian River, MI 49749
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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$800 - $1,0801 to 3 Bedroom Apartments Contact Us For Availability
PARK MEADOW APARTMENTS
1316 Park Meadow DrGaylord, MI 49735
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$857 - $1,5721 to 3 Bedroom Apartments Contact Us For Availability
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
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$8622 Bedroom Apartments Contact Us For Availability
Green Meadows Apartments
900 Northmeadow DrGaylord, MI 49735
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$8751 to 2 Bedroom Apartments Available Now
Inland Lakes Motel
1225 S Grandview Beach RdIndian River, MI 49749
621 Grant St
Traverse CityMI49686
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Studio to 2 Bedroom Apartments
Victories Square
1899 Migizi WayPetoskey, MI 49770
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.
602 Saunders Rd
KalkaskaMI49646
8935 Cherry Ave
Rapid CityMI49676
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1 to 2 Bedroom Apartments
Mackinaw Apartments
1327 Mackinaw AveCheboygan, MI 49721
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2 to 3 Bedroom Apartments
Lighthouse Village
400 Duncan AveCheboygan, MI 49721
314 E Pine St
CadillacMI49601
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1 Bedroom Apartments
Cheboygan Shores
328 Duncan AveCheboygan, MI 49721
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.
Showing Results 1-18, Page 1 of 1
Waters, MI Local Guide
Ice after a storm by LadyDragonflyCC - >;< is licensed under CC BY 2.0
How much does it cost to rent an apartment in Waters?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waters Studio Apartments | $1,226 | $1,071 | $1,375 |
| Waters 1 Bedroom Apartments | $1,524 | $694 | $2,560 |
| Waters 2 Bedroom Apartments | $1,824 | $575 | $3,302 |
| Waters 3 Bedroom Apartments | $2,231 | $650 | $3,600 |
Browse Top Apartments in Waters
See all Apartments in WatersExplore Waters
Waters, MI Local Guide
- Nearby Cities
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Cheapest Available Waters Apartments for Rent and Nearby
The cheapest available apartment rental in Waters, MI is a 1 Bed unit found at Oak Terrace priced from $500. Presque Isle Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Waters apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $500 |
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Thunder Bay Estates | B8 | 2BR,1BA | $650 |
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Harrison Estates Mobile Home Community | LOT 23 | 2BR,2BA | $750 |
Best Value Apartments for Rent in Waters, MI and Nearby
As of March 02, 2026 the best value apartment in the Waters area is the $1.50 price per square foot Three Bedroom Model at Ruth Park in the in the Downtown Traverse City neighborhood starting from $1,675. The second greatest value Waters apartment is the Pinecrest Model at Pinecrest starting at $1,622 with a $1.54 price per square foot . Here is today’s list of the best values for Waters apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ruth Park | Three Bedroom | 3BR,2BA | $1.50 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.54 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Harrison Estates Mobile Home Community | LOT 23 | 2BR,2BA | $0.75 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.52 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.12 |
| Parkview Apartments | One bedroom | 1BR,1BA | $0.95 |
| Thunder Bay Estates | B8 | 2BR,1BA | $0.89 |
| Presque Isle Estates | 1520 | 2BR,1BA | $0.94 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $0.87 |
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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The 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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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See the most popular apartments and homes in Waters, MI
Frequently Asked Questions about Cheap Waters Apartments
What is the Cheapest Studio apartment in Waters?
Currently the most affordable Cheap Studio Apartment in Waters is at Studio's at The Vic listed at $1,199.
How much is rent for a Cheap One Bedroom Waters Apartment?
The lowest price for a Cheap One Bedroom Waters Apartment is $500 at Oak Terrace.
What is the lowest price for a Cheap Two Bedroom Waters Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waters is starting from $575 at Presque Isle Estates.
What is the most affordable Waters Three Bedroom Apartment?
The best deal on a cheap Waters Three Bedroom Apartment rental is at Presque Isle Estates and starts from $650.
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
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.
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.
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.
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.