Waterford MI Apartments

25 rentals

Apartments For Rent Near Waterford, MI

We found 30 more apartments matching your filters just outside Waterford

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 for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
MonthAverage rent
Sep 2025$1,132
Oct 2025$1,121
Nov 2025$1,037
Dec 2025$993
Jan 2026$1,082
Feb 2026$1,155
Mar 2026$1,157
Apr 2026$1,045
May 2026$1,063
Jun 2026$1,042
Jul 2026$1,129
Aug 2026$1,151
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,100$1,400$2,200$2,595$1,800
Townhomes—$1,300$2,375—$2,375
Apartments and Condos$1,250$1,500$1,450—$1,450
Houses$1,200$2,500$2,200$2,595$2,480
See more information about local market trends in Waterford, MI

Frequently Asked Questions about Apartments and Condos for rent in Waterford, MI

  • What is the average rent of an apartment in Waterford, MI?
    The average rent of an apartment in Waterford, MI is $1,165 per month. This is about 41% lower than the national average.
  • When is the average rent for an apartment cheapest in Waterford, MI?
    In the last year, the average rent in Waterford, MI was lowest in Dec 2025 when it was $993 per month.
  • When is the average rent for an apartment most expensive in Waterford, MI?
    In the last year, the average rent in Waterford, MI was highest in Jul 2025 when it was $1,275 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 $1,072 per month. That is about $379 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Waterford, MI?
    There are 27 available apartments or condos to rent in Waterford, MI.
  • What are some zip codes in Waterford, MI?
    Waterford, MI includes zip codes such as: 48328, 48329, 48327, 48330.
  • 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.
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