14

Waterford, MI Condos for Rent

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  • /44

    $4,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,424 Sq Ft
    • Condo for Rent

    3591 Port Cove Dr Unit 55, Waterford, MI 48328

    LOOKING FOR RESORT LIVING? LOOK NO FURTHER! PORT COVE IS THE BEST KEPT SECRET. ENJOY LAKE LIVING WITH DOCKING AVAILABLE ON ALL SPORTS CASS LAKE OR THE CANAL ACCESS RIGHT OUTSIDE YOUR FRONT DOOR. THIS RARELY OFFERD DETACHED RANCH CONDO IS PERFECT FOR A CAREFREE LIFESTYLE. A SPACIOUS SUNLIT & OPEN FLOOR PLAN BOASTS HIGH CEILINGS, SKYLIGHTS, 2 DOORWALLS OUT TO THE MAINTENANCE FREE PLANKED FRONT

    Melanie Bishop KW Domain

    3591 Port Cove Dr Unit 55, Waterford, MI 48328
  • /33

    $1,300 Per Month

    • 1 Bed
    • 1 Bath
    • 1,300 Sq Ft
    • Condo for Rent

    3170 Dixie Hwy Unit E, Waterford Township, MI 48328

    Welcome to 3170 Dixie Hwy – Apt E in Waterford, MI! This inviting apartment offers a comfortable and convenient place to call home. Enjoy a functional layout with bright living spaces and a convenient location near shopping, dining, entertainment, and major roadways. Whether you're relaxing at home or heading out for the day, this location provides easy access to everything Waterford has to

    3170 Dixie Hwy Unit E, Waterford Township, MI 48328
  • /20

    $1,700 Per Month

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Condo for Rent

    3575 Cass Elizabeth Rd Unit E, Waterford, MI 48328

    LOVELY FARMHOUSE BUILDING TUCKED AWAY IN THE CASS LAKE AREA. JUST MINUTES FROM DODGE PARK WITH BEACH & BOATING. RECENTLY UPDATED WITH A FRESH PAINT, BRIGHT WHITE KITCHEN , STAINLESS APPLIANCES & VINYL PLANK FLOORING THROUGHOUT. SUNLIT FAMILY ROOM WITH IN UNIT LAUNDRY, FULL BATH & A NICE PRIMARY BEDROOM PLUS 2ND BEDROOM. ALL UTILITIES ARE INCLUDED, SUNNY PATIO OFF THE BACK FOR QUIET ENJOYMENT &

    Melanie Bishop KW Domain

    3575 Cass Elizabeth Rd Unit E, Waterford, MI 48328
  • /19

    $999 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    3160 Dixie Hwy Unit 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. Whether you’re looking for a cozy place to call home or a convenient

    3160 Dixie Hwy Unit A, Waterford, MI 48329
  • /10

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    139 Draper Ave Unit 1, Waterford, MI 48328

    WOW! BEAUTIFUL & SPACIOUS 2 BEDROOM ENTRY LEVEL UNIT WITH GORGEOUS WOOD FLOORS. OPEN FLOOR PLAN, NATURAL LIGHT, LOTS OF STORAGE, & MOVE IN READY. 1 AND 1/2 MONTHS SECURITY DEPOSIT, $150 NON REFUNDABLE CLEANING FEE REQUIRED. INCOME VERIFICATION, 2 MOST RECENT PAYSTUBS, CREDIT REPORT AND APPLICATION REQUIRED. CLOSE TO SHOPPING, EXPRESSWAYS & RESTAURANTS. LAUNDRY AREA ON LOWER LEVEL. CLOSE TO

    Ralynda Moore KW Professionals

    139 Draper Ave Unit 1, Waterford, MI 48328
  • /6

    $925 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    4191 Farner Ave Unit 4, Drayton Plains, MI 48329

    Stunning 1 Bedroom apartment with modern finishes.

    4191 Farner Ave Unit 4, Drayton Plains, MI 48329
  • /36

    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,634 Sq Ft
    • Condo for Rent

    4960 Lake Point Dr, Waterford, MI 48329

    Welcome to Hidden Harbor Condos! Enjoy lake living in one of Waterford’s desirable waterfront communities. This beautifully maintained upper-unit condo is available for lease and offers 3 bedrooms and 2 full bathrooms with access to a private all-sports lake, private beach, boat launch, and optional dock space for an additional fee. Enjoy beautiful water views from the balcony just off the dining

    Marianna Ruffino Realty Executives Home Towne Shelby

    4960 Lake Point Dr, Waterford, MI 48329
  • /19

    $975 Per Month

    • 1 Bed
    • 1 Bath
    • 1,467 Sq Ft
    • Condo for Rent

    3160 Dixie Hwy Unit A, Waterford, MI 48328

    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. Whether you’re looking for a cozy place to call home or a convenient

    Mark Zawaideh JMZ Management

    3160 Dixie Hwy Unit A, Waterford, MI 48328
  • /21

    $1,800 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,345 Sq Ft
    • Condo for Rent

    1275 Lilac Ln Unit 157, Waterford, MI 48327

    Move-in ready and beautifully updated 2-bedroom, 2.5-bath condo in Magnolia Park offering exceptional value. Both bedrooms feature private full baths and ample closet space. Main level includes a cozy gas fireplace, private deck, and convenient first-floor laundry. Appliances are included. Additional features include a 1-car attached garage and a full basement providing excellent storage space.

    Katrina Kamenetski KVK Realty Group LLC

    1275 Lilac Ln Unit 157, Waterford, MI 48327
  • /33

    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • 1,300 Sq Ft
    • Condo for Rent

    3170 Dixie Hwy Unit E, Waterford, MI 48328

    Welcome to 3170 Dixie Hwy – Apt E in Waterford, MI! This inviting apartment offers a comfortable and convenient place to call home. Enjoy a functional layout with bright living spaces and a convenient location near shopping, dining, entertainment, and major roadways. Whether you're relaxing at home or heading out for the day, this location provides easy access to everything Waterford has to offer.

    Mark Zawaideh JMZ Management

    3170 Dixie Hwy Unit E, Waterford, MI 48328
  • /6

    $2,350 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,700 Sq Ft
    • Condo for Rent

    6768 Tangle Wood, Waterford Township, MI 48327

    Free water, free garbage, free landscaping grass and snow. This ranch has first floor bedrooms and 1st floor laundry, providing ample space for relaxation and personal retreats. Walkout private deck vaulted ceilings. With two and a half bathrooms, convenience and privacy are assured for residents. The attached garage offers practical benefits, providing secure parking and additional storage

    Halena Riabucha Your Town Realty

    6768 Tangle Wood, Waterford Township, MI 48327
  • /16

    $1,700 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    5137 Cass Elizabeth Rd, Waterford Township, MI 48327

    CHARMING 4 UNIT TOWNHOME BUILDING WITH CARPORT PARKING. ENTER THRU FRENCH DOORS TO A BRIGHT COZY KITCHEN WITH STAINLESS STOVE APPLIANCES. JUST ENOUGH ROOM FOR A BREAKFAST TABLE TO ENJOY MEALS IN. CONVENIENT FIRST FLOOR POWDER ROOM & PANTRY. SPACIOUS FAMILY ROOM WITH LARGE PICTURE WINDOW TO LET IN NATURAL LIGHT PLUS FRONT DOOR ENTRY. UPSTAIRS YOU WILL FIND 2 NICE SIZE BEDROOMS & ONE WITH A TERRACE

    Melanie Bishop KW Domain

    5137 Cass Elizabeth Rd, Waterford Township, MI 48327
  • /29

    $2,800 Per Month

    • 2 Beds
    • 2 Baths
    • 1,160 Sq Ft
    • Condo for Rent

    3559 Port Cove Dr, Waterford, MI 48328

    Welcome to 3559 Port Cove #25, a meticulously maintained 2-bedroom, 2-full-bath condo situated in the heart of Waterford. This upper-level residence boasts incredible natural light and a private balcony overlooking the pristine grounds of Port Cove. Standout features include a dedicated 10x30 basement storage unit—a rare find providing ample space for hobbies or transition—and a detached garage.

    Jessica Aziz Pro Realty

    3559 Port Cove Dr, Waterford, MI 48328
  • /20

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 956 Sq Ft
    • Condo for Rent

    3112 Hidden Trail, Waterford, MI 48328

    This beautifully "FURNISHED LEASE" and coveted entry-level condo in the Hidden Ridge of Waterford Complex offers a fantastic two-bedroom, one-bathroom space. With ample storage in the elegant kitchen, bright and airy rooms bathed in natural light, and in-unit laundry, this condo is a dream come true. The circular floor plan and attached garage provide convenience and comfort. Step outside to your

    Christopher Ayers @properties Christie's Int'l R.E. Birmingham

    3112 Hidden Trail, Waterford, MI 48328

Frequently Asked Questions

How much does it cost to rent a condo in Waterford, MI?
The median rent for a condo in Waterford, MI is $1,300 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Waterford, MI?
To comfortably afford the median rent in Waterford, MI, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Waterford, MI, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Waterford, MI?
In Waterford, MI, the price-to-rent ratio is 11.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
14
Median Condo Rent
$1,300
Median 1 Bedroom Condo Rent
$950
Median 2 Bedroom Condo Rent
$1,725
Median 3 Bedroom Condo Rent
$2,200
How to Rent a Home