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2 Bedroom Apartments for Rent in Waterford, MI - 4 Rentals available

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Waterford, MI Demographics

  • Total Population70,923
  • Female 35,205
    Male 35,719
  • Median Age39.4

Average Rent for 2 Bedroom apartments in Waterford, MI

  • The average rent for a 2 Bedroom apartment in Waterford, MI, September 2018$718/mo
  • Studio$478
  • 1 Bedroom$639
  • 2 Bedrooms$788

Waterford, MI 2 Bedroom Apartment Rent Ranges

  • $501-$70014%
  • $701-$1,00082%
  • $1,001-$1,5004%

Waterford, MI 2 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Sep / 2018 $718 $788
Jan / 2018 $718 $788
Sept / 2017 $730 $801
May / 2017 $721 $788
Jan / 2017 $704 $780
Sept / 2016 $691 $758
May / 2016 $698 $765
Jan / 2016 $680 $750
Sept / 2015 $665 $730
May / 2015 $653 $718

Waterford, MI Households

  • Total Number of Households29,304
  • Family 18,774
    Non-family 10,531
  • Children 8,435
    No Children 20,869
  • Average People Per Household2.39
  • Median Household Income$51,782
  • Median Housing Costs Per Month$911

Waterford, MI Education Statistics

  • No High School2%
  • Some High School36%
  • Some College29%
  • Associate Degree9%
  • Bachelor Degree16%
  • Graduate Degree8%

Renting a 2-bedroom apartment in Waterford, MI

Location is key when you’re renting and Waterford, MI might be a great place for you to start looking. Renters seem to love Waterford, MI and there are still plenty of 2-bedroom apartments left in case you want to give it a shot. Compared to other neighborhoods like Troy, where the monthly prices for 2-bedroom apartment rentals go up to $1,300, that sounds like quite a deal, doesn’t it? So, if you’re on a tight budget and you’re trying to put some money aside, take this into consideration: in Waterford, MI the monthly rent for a 2-bedroom unit can go as low as $736.

Real estate mathematics to help you snatch a cheap unit

Renting a 2-bedroom apartment can be a tricky business and figuring out the perfect formula might take some time. Sure, location and amenities play an important part, but compromise does not necessarily have to be a bad thing. There are many factors that determine rental prices and it’s helpful to know some of them. The monthly rent for furnished 2-bedroom apartments located in newer, well-maintained buildings that provide a broader range of amenities tends to go higher, up to $1,219. Other factors that determine rental prices are proximity to public transportation, entertainment, shopping and dining. What is it that you can give up on? Be patient, tweak the formula and you’ll eventually get to a satisfactory result and you will find the right cheap 2-bedroom apartment. The apartment of your dreams might turn out not to be the right apartment for you after all, and that’s fine, so don’t be afraid to deviate from the initial plan. Because no one wants to do mathematics in their spare time, the RENTCafé filters offer you all the necessary tools to try dozens of combinations until you reach the perfect result. Mix and match by using the location, price and amenities filters and you’re sure to find a 2-bedroom apartment to call home.