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Rental Market Trends in Waterford, CA

What is the average rent in Waterford, CA?

$705/month

Average Rent

500 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of April 2026, the average rent in Waterford, CA is $705 per month. This is 57% lower than the national average rent of $1,627/month, making renting in Waterford more affordable than most cities in the US. When you rent an apartment in Waterford, you can expect to pay about per month for a studio, $705 for a one-bedroom apartment, and around $824 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$705/month
500 Sq Ft
Two Bedroom
$824/month
800 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Waterford, CA?

In the past year, rent has increased by 1.5%, which averages out to $11 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Waterford, CA
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Waterford, CA
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Waterford, CA?

Because the average rent in Waterford is $705, you’ll want to make about $2,350 per month or $28,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Waterford, CA

3 Available Apartments for Rent

Search for Nearby Apartments

How does Waterford, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Waterford, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Oakdale Average Rent
  • Turlock Average Rent
  • Ceres Average Rent

Apartment communities in Waterford we think you'll love

Bentley Street Quadplex

Bentley Street Quadplex

12321 Bentley St,
Waterford, CA 95386

$1,550

2 Beds

212 Riverbend Ln

212 Riverbend Ln

212 Riverbend Ln,
Waterford, CA 95386

$2,950

5 Beds

The Villas at Villaggio

The Villas at Villaggio

2929 Floyd Ave,
Modesto, CA 95355

$1,980 - $2,505

1-3 Beds

Brooks Landing

Brooks Landing

3055 Floyd Ave,
Modesto, CA 95355

$1,922 - $4,666

1-2 Beds

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United States California Waterford Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity