Waterford MI Apartments

26 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 increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jun 2025$1,017
Jul 2025$1,275
Aug 2025$1,139
Sep 2025$1,132
Oct 2025$1,121
Nov 2025$1,037
Dec 2025$993
Jan 2026$1,082
Feb 2026$1,154
Mar 2026$1,156
Apr 2026$1,045
May 2026$1,063
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$980$1,330$2,200$2,795$1,500
Townhomes——$2,375—$2,375
Apartments and Condos$925$1,500$10,000—$975
Houses$1,200$1,450$2,200$2,795$2,111
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 $1,103 per month. This is about 43% lower 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 Dec 2025 when it was $993 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 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 $990 per month. That is about $297 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Waterford, MI?
    There are 28 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.