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Apartments for Rent in Waterford, MI

Showing 5 rentals in Waterford, then 15 more within 25 miles, nearest first.

1-20 of 20 rentals

Apartment for rent at 5689 Cooley Village Rd, Waterford, MI 48327

1/10

Managed by MTH Management

$1,150 - $1,250

Apartment2 Beds1-1.5 Baths1,100 ft²

5689 Cooley Village Rd

Waterford, MI 48327

Amenities: Oven & Range. Apartments for rent in Waterford for $1,150-$1,250 with 2 beds, 1-1.5 baths, 1,100 sqft and located at 5689 Cooley Village Rd in Waterford, MI 48327.

Apartment for rent at 3325 Watkins Lake Rd, Waterford, MI 48328

1/10

Managed by Heritage Park East

$935 - $1,055

Apartment1-2 Beds1 Bath850-1,000 ft²

3325 Watkins Lake Rd

Waterford, MI 48328

Welcome home to Heritage Park Apartments. Our floor plans consist of spacious 1 & 2-Bedroom Apartments. Our community features a picturesque setting, tree-lined streets, and beautifully landscaped grounds. We are a pet friendly community (restrictions apply). We're located only minutes from freeway access, local shopping, dining, and entertainment. Visit Heritage Park Apartments - We'd be happy to schedule you a tour of our community. Amenities: Beautiful Landscaped Grounds.

Apartment for rent at 4144 Airport Rd, Waterford, MI 48329

1/10

Managed by MTH Management

$1,000

Apartment1 Bed1 Bath

4144 Airport Rd

Waterford, MI 48329

Amenities: Stove & Private Entry.

1/10

Managed by JMZ Management

$949

Apartment1 Bed1 Bath

3160 Dixie Highway #A

Waterford, MI 48329

A charming apartment in a convenient Waterford location. This inviting home offers a comfortable layout with plenty of space to relax and make your own. Located along Dixie Highway, you'll enjoy easy access to shopping, dining, entertainment, parks, and major roads, making everyday errands and commuting convenient. Highlights: Convenient Waterford location. Comfortable and functional layout. Easy access to Dixie Highway and major roads. Close to shopping, dining, and everyday conveniences. Great option for anyone looking for an affordable and convenient home. Applicants must demonstrate gross monthly income of at least 2.5 times the monthly rent and meet minimum credit and background screening requirements.

Apartment for rent at 15718 Northlawn St, Waterford, MI 48328

1/10

Managed by Great Lakes PMG

$850 - $950

Apartment2 Beds1 Bath750 ft²

15718 Northlawn St

Waterford, MI 48328

This unit has been completely updated with fresh paint and brand-new flooring throughout, featuring durable wood-look laminate across the main living room and hallways, alongside plush new carpeting in both bedrooms. The floor plan connects the spacious front living areas to a bright, galley-style kitchen with updated white cabinetry and a clean, refreshed full bathroom. Rent: $850/month. Deposit: $1,275. Total Move In: $2,125. Requirements: NO Evictions. NO Landlord/tenant cases. $2,000 of minimum monthly income. Water included. No other appliances or utilities included.

More rentals near Waterford

Apartment for rent at 600 W Walton Blvd, Pontiac, MI 48340

1/7

Listed by a leasing agent

$1,395

Apartment2 Beds2 Baths

600 W Walton Blvd

Pontiac, MI 48340

3.4 miles away

Apartment for rent at 221 Summit Ridge Dr, White Lake, MI 48386

1/10

Managed by JMZ Management

$1,199

Apartment2 Beds1 Bath

221 Summit Ridge Dr

White Lake, MI 48386

Welcome to 221 Summit Ridge Dr Apt C in White Lake. This charming apartment offers a comfortable and inviting living space in a convenient location. The home features a functional layout with a spacious living area, a well-equipped kitchen, and comfortable bedroom accommodations. Large windows bring in plenty of natural light, creating a warm and welcoming atmosphere throughout. This property does not include a garage, but residents can enjoy the convenience of being close to shopping, restaurants, parks, entertainment, and major roads. Applicants must demonstrate gross monthly income of at least 2.

3.4 miles away

Apartment for rent at 219 Summit Ridge Dr #A, White Lake, MI 48386

1/10

Managed by JMZ Management

$1,199

Apartment2 Beds1 Bath

219 Summit Ridge Dr #A

White Lake, MI 48386

Welcome to 219 Summit Ridge Dr, Apt A, White Lake, MI 48386. This inviting 2-bedroom, 1-bathroom apartment offers a comfortable and functional space for everyday living. The layout provides plenty of flexibility for a bedroom, home office, guest room, or additional living space. Located in White Lake, this home offers convenient access to local shopping, dining, parks, and other everyday amenities. Whether you're relaxing at home or exploring the surrounding area, you'll enjoy the convenience of this location. The property is pet-friendly, allowing pets weighing less than 50 lbs. This unit does not include a garage.

3.4 miles away

Apartment for rent at 8587 - 8615 Pontiac Lake Rd, White Lake, MI 48386

1/10

Featured

Managed by Kalasho Management

$995

Apartment1 Bed1 Bath300 ft²

8587 - 8615 Pontiac Lake Rd

White Lake, MI 48386

Discover a renovated 1-bedroom, 1-bath apartment at 1BD - 1BTH - Apartment - Renovated - White Lake, MI - Lake Front. This lakefront property offers direct water access and available boat slips, placing recreation at your doorstep. Located close to Baker College and surrounded by schools, restaurants, grocery stores, coffee shops, banks, retail, and fitness options, the residence provides convenient daily living and easy access to local amenities. Ideal for those seeking a recent update in a prime White Lake location. $999 Moves You In - Newly Renovated - Modern Living. Simple, Transparent Pricing - No Surprises.

3.7 miles away

Apartment for rent at Chalet Villa Lakefront Community, 6935 Tuson Blvd, Clarkston, MI 48346

1/10

Featured

Managed by 6935 Chalet Villa Apartments

$960 - $1,380

Apartment1-2 Beds1-1.5 Baths860-960 ft²

Chalet Villa Lakefront Community

6935 Tuson Blvd, Clarkston, MI 48346

Chalet Villa offers spacious apartments in Clarkston, MI and is just minutes from Dixie Highway, I-75 and M-59. Our property has large lawns, beautiful lake views and many mature trees. Residents will love to relax at our swimming pool and picnic area. Our units are spacious and include window treatments, trash removal, stove, refrigerator and dishwasher. We have 24 hour laundry facilities on site and offer 24 hour emergency maintenance service. Chalet Villa is located in the award winning Waterford School District. Amenities: Interior hallways, Lake Front Community, Renovated Common Areas, Lakefront, Range, Office On-site, Lake Access, Stove/Oven & Heat.

3.7 miles away

Apartment for rent at 311 S Telegraph Rd, Pontiac, MI 48341

1/10

Managed by Bloomfield on the River Apartments

$950 - $1,050

Apartment1-2 Beds1 Bath625-840 ft²

311 S Telegraph Rd

Pontiac, MI 48341

Set along the peaceful shores of Dawsons Millpond, Bloomfield on the River offers spacious one- and two-bedroom apartments where you can take in scenic water views right from a stroll around the grounds. Each apartment keeps you comfortable year-round with wall A/C, included heat, and on-site laundry, plus private entrances and plenty of storage. You'll love being just minutes from Oakland County International Airport, shopping, and easy access to I-75 and M-59 for a quick commute anywhere in the metro. With a friendly on-site team and 24-hour emergency maintenance, help is always close by.

3.9 miles away

Apartment for rent at Huron Place, 574 W Huron St, Pontiac, MI 48341

1/10

Managed by 633 Pros Property Management

$899 - $999

ApartmentStudio-1 Bed1 Bath425-575 ft²

Huron Place

574 W Huron St, Pontiac, MI 48341

Newly Renovated Studio apartment. Amenities: Range, Electric, Gas, Stove & Oven.

4 miles away

Apartment for rent at 5801 Bridgewater Dr, Clarkston, MI 48346

1/12

Featured

Managed by Bridgewater Park of Clarkston

$1,199 - $1,799

Apartment1-3 Beds1-2 Baths750-1,150 ft²

5801 Bridgewater Dr

Clarkston, MI 48346

Welcome to Bridgewater Park of Clarkston. Our spacious 1, 2, & 3-Bedroom Apartments feature new modern renovations (select homes), private entry, in-home laundry, additional storage, and much more. Our community amenities consist of a clubhouse for community resident events, a sparkling swimming pool with a sundeck for relaxation, and a fully equipped fitness center for staying active. The beautifully landscaped grounds provide a serene setting for residents to enjoy. We are a pet friendly community (restrictions apply). Located in the desirable city of Clarkston, our community is just minutes away from local shopping, dining, and entertainment options.

4.1 miles away

Apartment for rent at 95 Putnam #1, Rochester, MI 48307

1/7

Managed by Real Property Management Silverstone

$1,195

Apartment2 Beds1 Bath871 ft²

95 Putnam #1

Rochester, MI 48307

2 Bed, 1 Bath main floor unit of duplex. Spacious living room and dining room with hardwood floors. Laundry in basement. No dogs & No cats.

4.2 miles away

Apartment for rent at 6800 Lingor Dr #6795-DR-3, Clarkston, MI 48346

1/4

Managed by Flats of Ferndale

$1,300

Apartment1 Bed1 Bath750 ft²

6800 Lingor Dr #6795-DR-3

Clarkston, MI 48346

Newly 1 bedroom 1 bath Clarkston Place is in a quite area of Clarkston. Hidden from the main road but easy access to the downtown area and the Heart of Clarkston. Amenities: Heat & Range.

4.3 miles away

Apartment for rent at 5396 Parview Dr #9R, Clarkston, MI 48346

1/6

Managed by Flats of Ferndale

$1,300

Apartment2 Beds1 Bath850 ft²

5396 Parview Dr #9R

Clarkston, MI 48346

Newly renovated 1 bedroom 1 bath Clarkston Place is in a quite area of Clarkston. Hidden from the main road but easy access to the downtown area and the Heart of Clarkston. Amenities: Heat & Range.

4.3 miles away

Apartment for rent at 5396 Parview Dr #6, Clarkston, MI 48346

1/9

Managed by Flats of Ferndale

$1,300

Apartment1 Bed1 Bath750 ft²

5396 Parview Dr #6

Clarkston, MI 48346

New renovated 1 bed 1 bath hardwood floors or carpet. New appliances and patio or deck Clarkston Place is in a quite area of Clarkston. Hidden from the main road but easy access to the downtown area and the Heart of Clarkston. Amenities: Range & Heat.

4.3 miles away

Apartment for rent at 5396 Parview Dr #7, Clarkston, MI 48346

1/4

Managed by Flats of Ferndale

$1,300

Apartment1 Bed1 Bath750 ft²

5396 Parview Dr #7

Clarkston, MI 48346

New renovated 1 bedroom 1 bath Clarkston Place is in a quite area of Clarkston. Hidden from the main road but easy access to the downtown area and the Heart of Clarkston. Amenities: Range.

4.3 miles away

Apartment for rent at 5396 Parview Dr #2, Clarkston, MI 48346

1/5

Managed by Flats of Ferndale

$1,300

Apartment1 Bed1 Bath750 ft²

5396 Parview Dr #2

Clarkston, MI 48346

Newly renovated 1 bed 1 bath. Clarkston Place is in a quite area of Clarkston. Hidden from the main road but easy access to the downtown area and the Heart of Clarkston. Amenities: Range & Heat.

4.3 miles away

Apartment for rent at 5474 Parview Dr #5, Clarkston, MI 48346

1/6

Managed by Flats of Ferndale

$13,000

Apartment2 Beds1 Bath850 ft²

5474 Parview Dr #5

Clarkston, MI 48346

Newly renovated 1 bed 1 bath Clarkston Place is in a quite area of Clarkston. Hidden from the main road but easy access to the downtown area and the Heart of Clarkston. Amenities: Range, Linen Closet & Heat.

4.3 miles away

Viewing 1-20 of 20 rentals in and near Waterford

What to Know About

Life in Waterford & Beyond

Waterford shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Waterford, MI

View full report

As of November 2026, Waterford's rental market is stable, with rentals spending about 27 days on the market, about the same as in Michigan (26), and rents up 1.1% over the past year. Waterford's average rent is 0.2% ($3) higher than the Michigan average of $1,569 and 22.8% ($464) lower than the U.S. average of $2,036.

Average Rent

$1,572

Monthly ChangeMonth Over Month Change

0.16% ($3)

Yearly ChangeYear Over Year Change

1.1% ($17)

Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,075	0.31% ($3)	3.4% ($36)
2 Beds	$1,356	0.27% ($4)	0.8% ($10)
3 Beds	$1,928	0.13% ($3)	0.3% ($6)

Nearby Cities	Average Rent	Avg. Rent vs. WaterfordAverage Rent vs. Waterford	Days on Market
Keego Harbor	$1,590	1.1% ($18)	27 days
Pontiac	$1,359	13.5% ($213)	27 days
West Bloomfield	$2,164	37.7% ($592)	27 days
Clarkston	$1,964	24.9% ($392)	25 days
White Lake	$1,894	20.5% ($322)	28 days

Based on rentals advertised on RentalSource in and around Waterford.

Frequently Asked Questions

Waterford Rental Market FAQs

Explore rental prices, market conditions, and affordability in Waterford, MI.

What is the average rent in Waterford, MI?

The average rent in Waterford, MI is about $1,572 per month.

What is the average rent for different bedroom sizes in Waterford, MI?

In Waterford, the average rent is about $1,075 per month for a 1-bedroom apartment, about $1,356 for a 2-bedroom apartment and about $1,928 for a 3-bedroom apartment.

How do rent prices in Waterford, MI compare with the national average?

The average rent in Waterford is 22.8% ($464) lower than the national average of $2,036 per month.

How competitive is the rental market in Waterford, MI?

The rental market in Waterford, MI is currently stable, with rentals spending about 27 days on the market, about the same as in Michigan (26), and rents up 1.1% over the past year.

Can I afford to rent an apartment in Waterford, MI?

Based on the current averages, a household would need an annual income of about $54,200 to comfortably afford a 2-bedroom apartment in Waterford.

What's New on the Blog

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