
Cheap Homes for Rent in Waterford, MI from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Waterford.


20 N Tilden Ave

41 Canal Dr

77 Pingree Ave

39 Osceola Dr
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 | $1,630 | $1,050 | $3,800 |
Waterford 3 Bedroom Homes for Rent | $2,233 | $1,450 | $2,800 |
Waterford 4 Bedroom Homes for Rent | $2,636 | $1,950 | $3,600 |
Waterford 5 Bedroom Homes for Rent | $5,750 | $5,750 | $5,750 |
Browse Top Homes for Rent in Waterford
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Waterford, MI Local Guide
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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 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 |
Ashton Pines | Austrian | 1BR,1BA | $849 |
Best Value Apartments for Rent in Waterford, MI and Nearby
As of March 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 |
Garden Court Apartments | Two Bedroom TH | 2BR,1.5BA | $1.10 |
Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
Chalet Villa Lakefront Community | 2 Bed / 1.5 Bath Clarkston Lakefront Community | 2BR,1.5BA | $1.15 |
Heritage Park East | 2 Bedroom Apartment | 2BR,1BA | $1.08 |
Waterford Square | 2 Bedroom, 1 Bathroom Apartment with Den | 2BR,1BA | $1.23 |
Woodlake Hills | 2Bed1Bath | 2BR,1BA | $1.18 |
Bloomfield On The Green - West Bloomfield, MI | 1 Bed | 1 Bath Red | 1BR,1BA | $1.28 |
Round Hill Apartments | The Arlington | 1BR,1BA | $1.28 |
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Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 183 Apartments for Rent in Waterford, MI with pricing that ranges from $550 to $3,500. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $795 to $5,750.
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 $795 to $5,750 with an average monthly rent of $2,323.
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.

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.

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.

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.