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Cheap Apartments for Rent in Waterford, MI from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.
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Adams Lake Apartments
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Rivers Edge Apartments
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Waterford Square
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Colony Hill Apartments
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Heritage Park East
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Ashton Pines
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Round Hill Apartments
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Cass Lake Shore Club Apartments
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Glengarry Park - Waterford Twp, MI
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Greyberry Park Apartments
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33-35 Monroe St
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Garden Court Apartments
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2564 Premont Ave, Unit 2
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Bloomfield On The Green - West Bloomfield, MI
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Crystal Lake Apartments
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Bridgewater Park of Clarkston
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Elizabeth Lake Estates
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Chalet Villa Lakefront Community
Waterford, MI Local Guide
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How much does it cost to rent an apartment in Waterford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Waterford Studio Apartments | $760 | $525 | $1,083 |
Cheap Waterford 1 Bedroom Apartments | $1,157 | $700 | $2,370 |
Cheap Waterford 2 Bedroom Apartments | $1,393 | $675 | $3,500 |
Cheap Waterford 3 Bedroom Apartments | $1,715 | $1,375 | $2,295 |
Browse Top Apartments in Waterford
See all Apartments in WaterfordExplore Waterford
Waterford, MI Local Guide
- Waterford Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waterford, MI
Pricing Updated: 02/22/2025Current apartment rentals in the Waterford, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Waterford Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Forestbrook | $1,783 | $693 | 1095 |
Cheapest Available Waterford Apartments for Rent
 The cheapest available apartment rental in Waterford, MI is a 1 Bed unit found at Garden Court Apartments in the East Side neighborhood priced from $775. Waterford Square in the Forestbrook 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 Waterford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Garden Court Apartments | One Bedroom | 1BR,1BA | $775 |
Waterford Square | 1 Bedroom, 1 Bath Apartment | 1BR,1BA | $799 |
Huron Place | Studio | Studio,1BA | $899 |
Colony Hill Apartments | Two Bedroom | 2BR,1BA | $900 |
Heritage Park East | 2 Bedroom Apartment | 2BR,1BA | $904 |
Round Hill Apartments | The Arlington | 1BR,1BA | $909 |
Ashton Pines | Austrian | 1BR,1BA | $909 |
Rivers Edge Apartments | Primrose | 1BR,1BA | $916 |
Crescent Manor | Deluxe 2 Bedroom | 2BR,1BA | $950 |
Best Value Apartments for Rent in Waterford, MI
As of February 22, 2025 the best value apartment in the Waterford area is the $1.12 price per square foot Baldwin Square - GENERAL INFO Model at Baldwin Square Townhomes in the in the Hills at Indianwood neighborhood starting from $1,785. The second greatest value Waterford apartment is the 2564 Premont Ave Model at 2564 Premont Ave, Unit 2 starting at $875 with a $0.73 price per square foot in the Seminole Hills 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. |
---|---|---|---|
Baldwin Square Townhomes | Baldwin Square - GENERAL INFO | 3BR,2.5BA | $1.12 |
2564 Premont Ave, Unit 2 | 2564 Premont Ave | 2BR,1BA | $0.73 |
Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
Garden Court Apartments | Two Bedroom TH | 2BR,1.5BA | $1.10 |
Heritage Park East | 2 Bedroom Apartment | 2BR,1BA | $0.95 |
Crescent Manor | Deluxe 2 Bedroom | 2BR,1BA | $1.00 |
Greens Lake Apartments | The Oakmont | 1BR,1BA | $1.28 |
Woodlake Hills | 2Bed1Bath | 2BR,1BA | $1.18 |
Ashton Pines | Austrian | 1BR,1BA | $1.21 |
Round Hill Apartments | The Arlington | 1BR,1BA | $1.28 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Waterford, MI
Getting Around Waterford, MI
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Huron Place listed at $899.
How much is rent for a Cheap One Bedroom Waterford Apartment?
The lowest price for a Cheap One Bedroom Waterford Apartment is $775 at Garden Court Apartments.
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 $875 at Garden Court Apartments.
What is the most affordable Waterford Three Bedroom Apartment?
The best deal on a cheap Waterford Three Bedroom Apartment rental is at Waterford Pines and starts from $1,668.
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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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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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.
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Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.