
Cheap Homes for Rent in Waterville, OH from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Waterville.


837 Colburn St

2150 N McCord Rd

110 Crim St

1037 Orchard St

5901 Ryewyck Dr

5881 Ryewyck Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

139 Lehman Ave

5953 Walnut Cir Dr

5943 Walnut Cir Dr

2237 Broadway St

2424 Broadway St

638 S Main St

117 E Reed Ave
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.
Waterville, OH Local Guide

How much does it cost to rent a home in Waterville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterville 2 Bedroom Homes for Rent | $1,082 | $700 | $1,645 |
| Waterville 3 Bedroom Homes for Rent | $1,492 | $1,049 | $2,200 |
| Waterville 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Waterville 5 Bedroom Homes for Rent | $1,700 | $1,600 | $1,800 |
| Waterville 6 Bedroom Homes for Rent | $2,818 | $2,400 | $3,090 |
Browse Top Homes for Rent in Waterville
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Waterville, OH Local Guide
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Cheapest Available Waterville Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterville, OH is a 1 Bed unit found at Oak Hill Apartments priced from $550. Quail Ridge Apartments in the Glendale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Waterville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Hill Apartments | Small One Bedroom | 1BR,1BA | $550 |
| Quail Ridge Apartments | One Bedroom | 1BR,1BA | $799 |
| Chesterfield of Maumee | Standard 2 Bedroom | 2BR,1BA | $810 |
| Valley Stream Apartments | 1 bed Levis - Upper | 1BR,1BA | $889 |
| Perry Lake Village | 1 Bed-Standard | 1BR,1BA | $949 |
Best Value Apartments for Rent in Waterville, OH and Nearby
As of April 24, 2026 the best value apartment in the Waterville area is the $1.38 price per square foot Forestwood Model at Redwood Perrysburg Fort Meigs Road in the starting from $1,789. The second greatest value Waterville apartment is the The Waterfall Model at The Residences At Carronade starting at $1,455 with a $1.25 price per square foot . Here is today’s list of the best values for Waterville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Perrysburg Fort Meigs Road | Forestwood | 2BR,2BA | $1.38 |
| The Residences At Carronade | The Waterfall | 2BR,2BA | $1.25 |
| Eagle Ridge Apartments | 2 Bedroom Apartment | 2BR,2BA | $0.96 |
| Steedman Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.26 |
| The Villas at Green Meadows | 2 Bedroom | 2BR,1BA | $1.46 |
| Quail Ridge Apartments | One Bedroom | 1BR,1BA | $1.05 |
| Valley Stream Apartments | 1 bed Levis - Upper | 1BR,1BA | $1.20 |
| Briarwood of Toledo | 1 Bedroom Apartment | 1BR,1BA | $1.39 |
| Chesterfield of Maumee | Medium 2 Bedroom | 2BR,1BA | $1.31 |
| Oak Hill Apartments | Small One Bedroom | 1BR,1BA | $1.22 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterville, OH Rentals by Map
See the most popular apartments and homes in Waterville, OH
Frequently Asked Questions about Waterville
What type of rentals are currently available in Waterville?
There are currently 46 Apartments for Rent in Waterville, OH with pricing that ranges from $550 to $2,995. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterville ranging from $675 to $3,090.
What is the current price range for Rental Homes in Waterville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterville ranges from $675 to $3,090 with an average monthly rent of $1,678.
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

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.

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.

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.