Apartments For Rent in Waterford, MI
57 rentals
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 navigatePET FRIENDLY$1,075 - $1,135/mo1-2 Beds1 BathHeritage Park Apartments | 3325 Watkins Lake Rd #412,
Waterford, MI 48328
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Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$949 - $1,434/mo1-2 Beds1-2 BathsWaterford Square | 950 Village Green Blvd #5-3046,
Waterford, MI 48328
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,229 - $1,399/mo1-2 Beds1-2 BathsBriarwood Apartments | 1340 Briarwood Dr #4-11,
Waterford, MI 48327
Use arrow keys to navigatePET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,005 - $1,910/mo1-2 Beds1-2 BathsCass Lake Shore Club | 3530 Denise Ct #1264201,
Waterford, MI 48328
PET FRIENDLYTotal price$950 - $1,050/mo1-2 Beds1 BathEmbassy West Apartments | 5331 Highland Rd #1B-1Ba-700Sqft,
Waterford, MI 48327
SPECIAL OFFERPET FRIENDLY$1,110 - $1,389/mo2 Beds1 BathCherokee Hills Apartments | 2750 Cherokee Dr #2808-14,
Waterford, MI 48328
SPECIAL OFFERPET FRIENDLY$860 - $1,666/moStudio-2 Beds1 BathRivers Edge Apartments | 504 Maplebrook Ln #1101,
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 May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,300 |
| 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 |
Frequently Asked Questions about Rentals in Waterford, MI
- What is the average rent in Waterford, MI?The average rent in Waterford, MI is $1,500. Rent prices range from $693 to as much as $10,000, depending on the type of rental.
- How does the rent in Waterford, MI compare to the national average?Average rent in Waterford, MI is about 21% lower than the national average rent of $1,910. That means it is less expensive to rent in Waterford compared to the U.S. average.
- What is the average rent in Waterford, MI, by number of bedrooms?The average rent in Waterford, MI is $693 for a studio, $980 for a 1 bedroom, $1,330 for a 2 bedroom, $2,200 for a 3 bedroom, and $2,795 for a 4 bedroom.
- How have rent prices in Waterford, MI changed compared to last year?In the past year, the average rent price in Waterford, MI has increased by $150. That means the average rent is 10% higher than last year.
- How many available rental listings are in Waterford, MI?There are 60 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.