Apartments For Rent in Waterford, MI
53 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,099 - $1,283/mo
1-2 Beds
1 BathGlengarry Park - Waterford Twp, MI | 850 Williamsbury Dr #127R,
Waterford, MI 48328
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$935 - $1,199/mo1-2 Beds1 BathHeritage Park Apartments | 3325 Watkins Lake Rd #412,
Waterford, MI 48328
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,106 - $1,475/mo1-2 Beds1-2 BathsElizabeth Lake Estates | 5278 Rosamond Ln #5299-1,
Waterford, MI 48327
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$999 - $1,294/mo1-2 Beds1-2 Baths34 North of Waterford | 950 Village Green Blvd #3-3026,
Waterford, MI 48328
SPECIAL OFFERPET FRIENDLY$1,179 - $1,499/mo1-2 Beds1-2 BathsBriarwood Apartments | 1340 Briarwood Dr #15-03,
Waterford, MI 48327
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,095 - $1,975/mo1-2 Beds1-2 BathsCass Lake Shore Club | 3530 Denise Ct #4-49101,
Waterford, MI 48328
PET FRIENDLY$1,075 - $1,389/mo1-2 Beds1 BathCherokee Hills Apartments | 2750 Cherokee Dr #2855-18,
Waterford, MI 48328
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$866 - $1,218/moStudio-2 Beds1 BathRivers Edge Apartments | 504 Maplebrook Ln #12102,
Waterford, MI 48327
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What Locals Say about Waterford
Review Highlights
Waterford: lake-laced suburb with easy living, friendly blocks, and quick access around town. People love the lakes, parks, small-town vibe, nearby restaurants, and easy drives. They dislike scarce sidewalks, limited transit, speeding and traffic, and uneven schools.
AI-generated summary of moderated reviews.
Average Rent Trends in Waterford, MI
Rent in Waterford, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,625 |
| Aug 2025 | $1,500 |
| Sep 2025 | $1,650 |
| Oct 2025 | $1,500 |
| Nov 2025 | $1,500 |
| Dec 2025 | $1,475 |
| Jan 2026 | $1,750 |
| Feb 2026 | $1,500 |
| Mar 2026 | $1,425 |
| Apr 2026 | $1,350 |
| May 2026 | $1,450 |
| Jun 2026 | $1,782 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,030 | $1,295 | $2,395 | $2,499 | $1,650 |
| Townhomes | — | — | $2,375 | — | $2,375 |
| Apartments and Condos | $1,030 | $1,496 | $1,650 | — | $1,496 |
| Houses | $775 | $1,500 | $2,395 | $2,499 | $2,280 |
Frequently Asked Questions about Rentals in Waterford, MI
- What is the average rent of an apartment in Waterford, MI?The average rent of an apartment in Waterford, MI is $1,197 per month. This is about 39% lower than the national average.
- What is the average rent of a house in Waterford, MI?The average rent of a house in Waterford, MI is $2,280 per month. This is about 17% higher than the national average.
- What is the average rent of a townhome in Waterford, MI?The average rent of a townhome in Waterford, MI is $2,375 per month. This is about 22% higher than the national average.
- When is the average rent cheapest in Waterford, MI?In the last year, the average rent in Waterford, MI was lowest in Jun 2025 when it was $1,300 per month.
- When is the average rent most expensive in Waterford, MI?In the last year, the average rent in Waterford, MI was highest in Mar 2025 when it was $1,999 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Waterford, MI?The average rent of a 1 bedroom apartment in Waterford, MI is $1,030 per month. That is about $337 more than the cost of a studio apartment.
- How many available rental listings are in Waterford, MI?There are 54 available rental listings in Waterford, MI.
- What are some zip codes in Waterford, MI?
- What are some cities near Waterford, MI?Some nearby cities include: Lake Angelus, Sylvan Lake, Keego Harbor, Pontiac, Orchard Lake. These cities may have more rental options to explore.