Long-term Rental Rates — June 2026 · ZIPs: 48327,48328,48329
Local market data by Estaite
As of June 2026, rental prices in Waterford, MI range from $1,049 to $2,449 per month depending on property type and bedroom count.
The largest year-over-year decrease occurred in apartment 1BR units, with rents declining 10.01%.
For 4BR units, single-family homes command the highest median rent at $2,449, compared to $2,413 for condo/townhomes and $2,227 for apartments.
What is the typical rent range in Waterford, MI as of June 2026?
Rental prices in Waterford, MI as of June 2026 range from $1,049 for a 1BR apartment to $2,449 for a 4BR single-family home.
In Waterford, MI, for which bedroom count does one property type dramatically outperform the others in June 2026?
For 1BR units, single-family homes lead with a median rent of $1,296, significantly higher than apartments at $1,049 and condo/townhomes at $1,281.
Did any segment in Waterford, MI show an unusual or outlier value in June 2026?
The most notable outlier is the sharp year-over-year decline of -10.01% seen in 1BR apartment rents, the largest percentage movement across all segments.
Which is the most affordable property type and bedroom combination in Waterford, MI as of June 2026?
The most affordable option is a 1BR apartment at $1,049 per month in Waterford, MI as of June 2026.
Waterford, MI
June 2026
48327,48328,48329
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,007 – $1,091
-0.89%
-10.01%
2-Bedroom
$1,379 – $1,494
-2.58%
-0.24%
3-Bedroom
$1,969 – $2,076
2.04%
3.49%
4-Bedroom
$2,149 – $2,305
1.51%
6.08%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,262 – $1,300
0.66%
2.62%
2-Bedroom
$1,651 – $1,736
0.46%
2.31%
3-Bedroom
$2,173 – $2,316
2.25%
4.23%
4-Bedroom
$2,336 – $2,491
1.83%
4.14%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,268 – $1,325
1.54%
4.51%
2-Bedroom
$1,548 – $1,627
1.85%
1.85%
3-Bedroom
$1,901 – $1,998
-0.67%
-1.61%
4-Bedroom
$2,371 – $2,528
0.05%
4.96%
Data updated: July 19, 2026
In the Waterford (48327, 48328, 48329) rental market, 1BR apartments posted a significant 10.0% decrease year-over-year, settling at $1,049. On a monthly basis, rents also slipped by -0.89%. This represents a notable decline for entry-level apartment prices within this area.
Median rents for 4BR condo/townhomes in Waterford (48327, 48328, 48329) reached $2,413, which is $186 above the $2,227 mark for 4BR apartments. Both 4BR segments saw yearly increases, with condos up 4.14% and apartments rising 6.08% over the last 12 months.
Looking at 3BR segments, Waterford (48327, 48328, 48329) rental trends indicate that single-family homes declined 1.6% YoY to $1,950, while 3BR apartments and condo/townhomes rose 3.49% and 4.23%, respectively. This highlights a comparative underperformance for 3BR single-family rentals.