Cheap Apartments for Rent in the Waterford Neighborhood of Frederick, MD from $300 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterford area of Frederick.

property at 109 S Bentz St

109 S Bentz St

FrederickMD21701
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2 James St
2 Bedroom Apartments

2 James St

2 James StFrederick, MD 21701
  • Utilities Included
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Parkview Apartments
1 Bedroom Apartments

Parkview Apartments

750 Carroll PkyFrederick, MD 21701
Senior Living
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Detrick Homes
2 to 4 Bedroom Apartments

Detrick Homes

6000 Ditto AveFort Detrick, MD 21702
Military
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Showing Results 1-24, Page 1 of 1

Waterford, Frederick, MD Local Guide

Cheapest Available Waterford Apartments for Rent

 

The cheapest available apartment rental in the Waterford area of Frederick, MD is a 1 Bed unit found at Foundry Square (Senior 62+) priced from $1,307. Hamilton Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,338. Here are the most affordable Waterford apartments for rent in Frederick, MD:

Apartment ListingModel NameBed/BathPriced From
Foundry Square (Senior 62+)1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,307
Hamilton Station1 Bed, 1 bath1BR,1BA$1,338
The Apartments at Elmwood Terrace1BR 1BA (665sf)1BR,1BA$1,355
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,375
Sinclair WayOne Bedroom1BR,1BA$1,381

Best Value Apartments for Rent in Waterford, MD

As of April 05, 2025 the best value apartment in the Waterford area is the $1.65 price per square foot A Model at Overlook at Avalon in the in the Taskers Chance neighborhood starting from $2,070. The second greatest value Waterford apartment is the Fraser Model at Fieldpointe starting at $2,211 with a $1.99 price per square foot in the Taskers Chance neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Overlook at AvalonA3BR,2BA$1.65
FieldpointeFraser3BR,2BA$1.99
Willowdale Crossing2 Bedroom/2 Bathroom-10672BR,2BA$2.03
Brooklawn Apartments2 Bed-2 Bath w/balcony2BR,2BA$1.89
415 W 2nd St, Unit 1415 W 2nd St1BR,1BA$1.50
Potomac Commons1 Bedroom1BR,1BA$1.79
The Grove At Alban2 BR2BR,1BA$1.83
The Fred Apartment Homes1 Bedroom1BR,1BA$1.99
248 W Patrick St, Unit 2248 W Patrick St1BR,1BA$1.75
Foundry Square (Senior 62+)1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1.92

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Pet Friendly Lifestyle
Waterford, Frederick, MD

Ranked #3

Among neighborhoods in Frederick, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Waterford, Frederick, MD

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Maryland and customized analysis for Central Frederick, MD. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendly amenities, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Waterford Neighborhood in Frederick, MD

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Waterford Apartments

What is a cheap apartment in Waterford?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterford is under $1,449.

What is the price of a cheap apartment in Waterford?

The cheapest apartment in Waterford is Foundry Square (Senior 62+) which is listed at $1,307, while the average apartment in Waterford costs $2,727.

What types of apartments are the cheapest in Waterford?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Waterford that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waterford?

Cheap apartments in Waterford have an average cost of $141 which is $2,586 cheaper than the average rent for all rentals in Waterford.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.