1651 Playstead St
West BloomfieldMI48324
Cheap Homes for Rent in Waterford, MI from $900 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.
41 Canal Dr
PontiacMI48341
77 Pingree Ave
PontiacMI48342
1 Fay St
Independence TownshipMI48346
34 E Yale Ave
PontiacMI48340
205 Summit View Ct
White LakeMI48386
89 W Colgate Ave
PontiacMI48340
35 Fay St
Independence TownshipMI48346
53 S Merrimac St
PontiacMI48340
152 Pingree Ave
PontiacMI48342
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.
3115 Cass Lake Ave
Keego HarborMI48320
164 Summit View Ct
White LakeMI48386
13 Fay St
Independence TownshipMI48346
136 S River Dr
Independence TownshipMI48346
52 Camley Dr
Waterford TownshipMI48328
151 N Genesee Ave
PontiacMI48341
1649 Cass Lake Rd
Keego HarborMI48320
2363 Hester Ct
Keego HarborMI48320
Showing Results 1-18, Page 1 of 1
Waterford, MI Local Guide
How much does it cost to rent a home in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford 2 Bedroom Homes for Rent | $1,538 | $1,000 | $3,800 |
| Waterford 3 Bedroom Homes for Rent | $2,332 | $1,150 | $4,200 |
| Waterford 4 Bedroom Homes for Rent | $2,937 | $2,400 | $3,500 |
| Waterford 5 Bedroom Homes for Rent | $5,050 | $3,500 | $5,900 |
Browse Top Homes for Rent in Waterford
Explore Waterford
Waterford, MI Local Guide
- Waterford Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waterford, MI
Pricing Updated: 04/26/2025Current 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 | $1,425 | $693 | 72 |
Cheapest Available Waterford Apartments for Rent and Nearby
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 2 Beds apartment currently listed from $899. 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 | 2 Bedroom, 1 Bath Apartment | 2BR,1BA | $899 |
| Huron Place | Studio | Studio,1BA | $899 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $900 |
| Heritage Park East | 1 Bedroom Apartment | 1BR,1BA | $910 |
Best Value Apartments for Rent in Waterford, MI and Nearby
As of April 26, 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 The Augusta Model at Greens Lake Apartments starting at $1,470 with a $1.23 price per square foot . 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 |
| Greens Lake Apartments | The Augusta | 2BR,1.5BA | $1.23 |
| Garden Court Apartments | Two Bedroom TH | 2BR,1.5BA | $1.10 |
| Cherokee Hills Apartments | Elm | 2BR,1BA | $1.21 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
| The Crossing at Auburn Hills | 2 Bed 2 Bath | 2BR,2BA | $1.22 |
| Heritage Park East | 2 Bedroom Apartment | 2BR,1BA | $1.08 |
| Glengarry Park - Waterford Twp, MI | The Sylvan | 2BR,1BA | $1.17 |
| Waterford Square | 2 Bedroom, 1 Bathroom Apartment with Den | 2BR,1BA | $1.23 |
| Bloomfield On The Green - West Bloomfield, MI | 1 Bed | 1 Bath Red | 1BR,1BA | $1.28 |
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.
Let everyone know!
Do you know the Waterford area?
If you’re an expert on all things Waterford, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 181 Apartments for Rent in Waterford, MI with pricing that ranges from $550 to $3,500. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $935 to $5,900.
What is the current price range for Rental Homes in Waterford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford ranges from $935 to $5,900 with an average monthly rent of $2,600.
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.