621 Grant St
Traverse CityMI49686
Cheap Homes for Rent in Waters, MI from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Waters.
314 E Pine St
CadillacMI49601
720 Lockwood St
AlpenaMI49707
614 W Mitchell St, Unit UnitA
614 W Mitchell St
GaylordMI49735
4270 Wildwood Harbor Rd
Boyne CityMI49712
3985 Park Ln
Traverse CityMI49686
1138 Riverside St
CadillacMI49601
282 W South Airport Rd
Traverse CityMI49686
560 White Pine Dr, Unit 560B
560 White Pine Dr
PellstonMI49769
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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 | $1,864 | $900 | $5,000 |
| Waters 3 Bedroom Homes for Rent | $2,508 | $750 | $5,000 |
| Waters 4 Bedroom Homes for Rent | $3,225 | $2,900 | $4,000 |
Browse Top Homes for Rent in Waters
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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 Studio unit found at Victories Square priced from $429. Thunder Bay 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 |
|---|---|---|---|
| Victories Square | Studio | Studio,1BA | $429 |
| Thunder Bay Estates | A23 | 2BR,1BA | $575 |
| Presque Isle Estates | 1520 | 2BR,1BA | $600 |
Best Value Apartments for Rent in Waters, MI and Nearby
As of October 15, 2025 the best value apartment in the Waters area is the $1.45 price per square foot Three Bedroom Townhome Model at Edge 72 in the starting from $2,716. The second greatest value Waters apartment is the Cedar Model at Pines45 Apartments starting at $1,750 with a $1.48 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. |
|---|---|---|---|
| Edge 72 | Three Bedroom Townhome | 3BR,2.5BA | $1.45 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.52 |
| Harrison Estates Mobile Home Community | lot 28 | 2BR,2.5BA | $0.83 |
| Victories Square | One Bedroom LARGE | 1BR,1BA | $1.31 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.10 |
| Presque Isle Estates | 1618 | 2BR,1BA | $0.80 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
| Thunder Bay Estates | A24 | 2BR,1BA | $1.00 |
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See the most popular apartments and homes in Waters, MI
Frequently Asked Questions about Waters
What type of rentals are currently available in Waters?
There are currently 54 Apartments for Rent in Waters, MI with pricing that ranges from $429 to $3,600. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waters ranging from $750 to $5,000.
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 $750 to $5,000 with an average monthly rent of $2,252.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.