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Newest Home for Rent in Waterford, WI

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    Starting at $1,699 Per Month

    • 2 Beds

    803 Cornerstone Crossing, Waterford, WI 53185

    When you call Cornerstone Apartments home, you'll find yourself in a quiet setting enhanced with a variety of unique amenities. Our community offers two and three bedroom floor plans spaciously designed with comfort in mind. The professional, on-site management staff will assist you in meeting all of your needs.

    CORNERSTONE COURT APARTMENT HOMES

    (262) 537-5434

    803 Cornerstone Crossing, Waterford, WI 53185

Frequently Asked Questions

How much does it cost to rent a home in Waterford, WI?
The median rent for a home in Waterford, WI is $5,000 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Waterford, WI?
To comfortably afford the median rent in Waterford, WI, a household needs to earn roughly $200,000 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 $5,000 per month in Waterford, WI, renters typically need to show $15,000 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, WI?
In Waterford, WI, the price-to-rent ratio is 7.6, 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 Trends in Waterford, WI

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$5,000
Median Single Family Home Rent
$1,700
How to Rent a Home