314 E Pine St
CadillacMI49601
Cheap Homes for Rent near Waters, MI from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Waters.
5712 Shanty Creek Rd
BellaireMI49615
2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
8542 Park Ave
AlansonMI49706
1596 Lake St
RoscommonMI48653
8628 Sandy St
AlansonMI49706
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
8727 Sandy St
AlansonMI49706
8630 Park Ave
AlansonMI49706
286 W South Airport Rd
Traverse CityMI49686
621 Riverine Dr
Traverse CityMI49684
441 Munson Pl
Traverse CityMI49686
2020 Chippewa St
Traverse CityMI49686
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1106 Titus Ave
Traverse CityMI49686
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Waters, MI Local Guide
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How much does it cost to rent a home in Waters?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waters 2 Bedroom Homes for Rent | $2,090 | $900 | $4,500 |
| Waters 3 Bedroom Homes for Rent | $2,636 | $1,449 | $4,500 |
| Waters 4 Bedroom Homes for Rent | $3,833 | $2,000 | $8,500 |
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Waters, MI Local Guide
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Cheapest Available Waters Apartments for Rent and Nearby
The cheapest available apartment rental in Waters, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Harrison Estates Mobile Home Community in the Allendale neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Waters apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Harrison Estates Mobile Home Community | Lot 13 | 2BR,1BA | $625 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $845 |
| Cadillac Lofts | 1-Bedroom | 1BR,1BA | $1,138 |
Best Value Apartments for Rent in Waters, MI and Nearby
As of July 24, 2026 the best value apartment in the Waters area is the $1.60 price per square foot Empire Model at Liv East Bay in the starting from $3,065. The second greatest value Waters apartment is the Cedar Model at Chelsea Park West starting at $2,150 with a $1.93 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. |
|---|---|---|---|
| Liv East Bay | Empire | 4BR,2.5BA | $1.60 |
| Chelsea Park West | Cedar | 2BR,2BA | $1.93 |
| Townhouse Lane | Townhouse Ln | 2BR,1.5BA | $1.29 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.46 |
| Harrison Estates Mobile Home Community | Lot 13 | 2BR,1BA | $0.69 |
| Bear Creek Meadows - Petoskey, MI | Baby Bear - Upper | 1BR,1BA | $1.69 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| Lighthouse Gardens Apartments | 2Br | 2BR,1BA | $1.83 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
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.
Read Article
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 Waters
What type of rentals are currently available in Waters?
There are currently 63 Apartments for Rent in Waters, MI with pricing that ranges from $575 to $3,587. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waters ranging from $900 to $8,500.
What is the current price range for Rental Homes in Waters?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waters ranges from $900 to $8,500 with an average monthly rent of $2,502.
How much are larger Three and Four Bedroom Rentals in Waters?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waters range from $750 to $3,587, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,449 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,775.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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.
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.