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Rental Market Trends in Waterford, NY

What is the average rent in Waterford, NY?

$497/month

Average Rent

0 Sq Ft

Average Apartment Size

+1.8%

Increase in the Last Year

As of June 2025, the average rent in Waterford, NY is $497 per month. This is 69% lower than the national average rent of $1,626/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 $466 per month for a studio, $497 for a one-bedroom apartment, and around $1,296 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,744 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$466/month
0 Sq Ft
One Bedroom
$497/month
0 Sq Ft
Two Bedroom
$1,296/month
509 Sq Ft
Three Bedroom
$1,744/month
786 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, NY?

In the past year, rent has increased by 1.8%, which averages out to $9 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Waterford, NY
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Waterford, NY
Percentage*
Rent Range
0% Below $700/month
25% $700 - $1,000/month
25% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Waterford is $497, you’ll want to make about $1,656 per month or $19,872 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, NY

16 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Waterford, NY 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

  • Troy Average Rent
  • Brunswick Average Rent

Apartment communities in Waterford we think you'll love

Maplewood Estates

Maplewood Estates

5201-5210 Plank Rd,
Waterford, NY 12188

2-3 Beds | $1,765 - $1,900

Strawberry Ridge Apartments

Strawberry Ridge Apartments

1 Strawberry Pl,
Waterford, NY 12188

1 Bed | $1,225 - $1,250

4 Orchard Ln

4 Orchard Ln

4 Orchard Ln,
Waterford, NY 12188

2 Beds | $1,700

157 3rd St

157 3rd St

157 3rd St,
Waterford, NY 12188

2 Beds | $1,300

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United States New York 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity