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Apartments for Rent in Waterford, WI

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What to Know About

Life in Waterford & Beyond

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

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Rental Market Trends

Waterford, WI

As of October 2026, Waterford's rental market is stable, with rentals spending about 37 days on the market, about the same as in Wisconsin (36), and rents up 2.4% over the past year. Waterford's average rent is 20.9% ($315) higher than the Wisconsin average of $1,506 and 12.5% ($261) lower than the U.S. average of $2,082.

Average Rent
$1,821
Monthly ChangeMonth Over Month Change
Decreased0.17% ($3)
Yearly ChangeYear Over Year Change
Increased2.4% ($43)
Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,334 Increased0.60% ($8) Increased10.6% ($128)
2 Beds $1,494 Decreased0.72% ($11) Decreased0.1% ($2)
3 Beds $2,119 Decreased0.84% ($18) Decreased1.5% ($32)
Nearby Cities Average Rent Avg. Rent vs. WaterfordAverage Rent vs. Waterford Days on Market
Rochester $1,511 Decreased17.0% ($310) 36 days
East Troy $1,850 Increased1.6% ($29) 25 days
Mukwonago $1,923 Increased5.6% ($102) 34 days
Union Grove $1,567 Decreased13.9% ($254) 35 days
Franksville $1,649 Decreased9.4% ($172) 36 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, WI.

The average rent in Waterford, WI is about $1,821 per month.
In Waterford, the average rent is about $1,334 per month for a 1-bedroom apartment, about $1,494 for a 2-bedroom apartment and about $2,119 for a 3-bedroom apartment.
The average rent in Waterford is 12.5% ($261) lower than the national average of $2,082 per month.
The rental market in Waterford, WI is currently stable, with rentals spending about 37 days on the market, about the same as in Wisconsin (36), and rents up 2.4% over the past year.
Based on the current averages, a household would need an annual income of about $59,800 to comfortably afford a 2-bedroom apartment in Waterford.
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