Spanning over 35 square miles in Oakland County, Waterford is home to 34 named lakes that shape the community's character. Originally established in 1834, this Michigan township transformed from a summer resort destination with railroad access from Detroit and Lansing into a thriving suburban community. Today, apartment renters in Waterford find more affordable housing options compared to larger Michigan cities, with one-bedroom units typically starting around $1,003.
Located approximately 30 miles northwest of downtown Detroit, Waterford combines easy commuting access with a strong sense of community. The township is served by the Waterford School District and features Oakland Community College's Highland Lakes Campus. Recreation centers around the area's numerous lakes, with Cass Lake standing out as the township's largest and deepest body of water. Throughout the warmer months, the lakes provide opportunities for outdoor activities, while the township's parks offer year-round recreation options. Waterford's location within the greater Detroit metro area puts residents within reach of additional entertainment, dining, and employment opportunities.
The average rent in Waterford, MI is $1,011.
The average rent for a studio apartment in Waterford, MI is $730.
The average rent for a 1 bedroom apartment in Waterford, MI is $1,011.
The average rent for a 2 bedroom apartment in Waterford, MI is $1,214.
The average rent for a 3 bedroom apartment in Waterford, MI is $1,591.
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Note: Based on community-supplied data and independent market research. Subject to change without notice.