
Cheap Apartments for Rent in the Waterford Neighborhood of Frederick, MD from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford area of Frederick.


106 N Market St

109 S Bentz St

Brooklawn Apartments

Hamilton Station

The Cascades of Frederick - Ages 62+

209 Dill Ave

Ox Fibre Apartments

The Westwinds
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Willowdale Crossing

The Apartments at Elmwood Terrace

27 S Jefferson St, Unit 2

The Grove At Alban

Sharpe Square Apartments-62+ Seniors

113 E Patrick St, Unit 3

236 N Market St

17 E 2nd St
Waterford, Frederick, MD Local Guide

How much does it cost to rent an apartment in Waterford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterford Studio Apartments | $1,855 | $1,300 | $2,109 |
Waterford 1 Bedroom Apartments | $1,910 | $741 | $3,431 |
Waterford 2 Bedroom Apartments | $2,261 | $1,418 | $3,891 |
Waterford 3 Bedroom Apartments | $2,548 | $1,390 | $4,509 |
Waterford 4 Bedroom Apartments | $2,909 | $2,529 | $3,225 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Waterford Neighborhood of Frederick, MD.
See all Apartments in FrederickExplore Frederick
Waterford, Frederick, MD Local Guide
- Nearby Frederick neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $741. Creekside at Taskers Chance has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,290. Here are the most affordable Waterford apartments for rent in Frederick, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foundry Square (Senior 62+) | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $741 |
Creekside at Taskers Chance | 1 Bed, 1 Bath | 1BR,1BA | $1,290 |
Hamilton Station | 1 Bed, 1 bath | 1BR,1BA | $1,338 |
The Cascades of Frederick - Ages 62+ | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,375 |
Sinclair Way | One Bedroom | 1BR,1BA | $1,381 |
Best Value Apartments for Rent in Waterford, MD
As of April 27, 2025 the best value apartment in the Waterford area is the $2.01 price per square foot The Elm Model at Fieldpointe in the in the Taskers Chance neighborhood starting from $2,398. The second greatest value Waterford apartment is the 2 Bedroom/2 Bathroom-1067 Model at Willowdale Crossing starting at $2,162 with a $2.03 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fieldpointe | The Elm | 3BR,2BA | $2.01 |
Willowdale Crossing | 2 Bedroom/2 Bathroom-1067 | 2BR,2BA | $2.03 |
Brooklawn Apartments | 2 Bed-2 Bath w/balcony | 2BR,2BA | $2.00 |
Century Clearbrook | The Moscow | 1BR,1BA | $2.03 |
The Grove At Alban | 2 BR | 2BR,1BA | $1.80 |
Potomac Commons | 1 Bedroom | 1BR,1BA | $1.79 |
Foundry Square (Senior 62+) | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $0.86 |
The Fred Apartment Homes | 1 Bedroom | 1BR,1BA | $1.99 |
478A W South St, Unit B | 478A W South St | 1BR,1BA | $2.00 |
The Westwinds | 1 Bedroom, 1 Bath | 1BR,1BA | $1.90 |
Quick 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.
Pet Friendly LifestyleWaterford, Frederick, MD
Ranked #3
Among neighborhoods in Frederick, MD for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 the Cheapest Studio apartment in Waterford?
Currently the most affordable Cheap Studio Apartment in Waterford is at EDE listed at $1,829.
How much is rent for a Cheap One Bedroom Waterford Apartment?
The lowest price for a Cheap One Bedroom Waterford Apartment is $741 at Foundry Square (Senior 62+).
What is the lowest price for a Cheap Two Bedroom Waterford Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $1,418 at Hamilton Station.
What is the most affordable Waterford Three Bedroom Apartment?
The best deal on a cheap Waterford Three Bedroom Apartment rental is at Hamilton Station and starts from $1,659.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.