How much is a 2-bedroom apartment in Waterford Charter Township, MI?

Name: Rent by bedrooms in Waterford Charter Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In Waterford Charter Township, MI, the median gross rent for a two-bedroom home is $1,182 (±$45) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $956 (±$54).

A three-bedroom home rents for a median of $1,562 (±$137).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Detroit-Warren-Livonia, MI HUD Metro FMR Area is $1,459.

Figures last updated on November 12, 2026.

Studio: $1,016 (±$98)
1 bedroom: $956 (±$54)
2 bedrooms: $1,182 (±$45)
3 bedrooms: $1,562 (±$137)

Rent by bedroom count in Waterford Charter Township

Median gross rent by number of bedrooms, estimate (90% margin of error)
	Waterford Charter Township	Oakland County	Michigan	United States
Studio	$1,016 (±$98)	$1,043 (±$73)	$896 (±$22)	$1,248
1 bedroom	$956 (±$54)	$1,122 (±$13)	$923 (±$7)	$1,235
2 bedrooms	$1,182 (±$45)	$1,466 (±$21)	$1,162 (±$6)	$1,407
3 bedrooms	$1,562 (±$137)	$1,728 (±$35)	$1,321 (±$9)	$1,584
4 bedrooms	$1,234 (±$733)	$2,152 (±$124)	$1,434 (±$30)	$1,957
5 or more bedrooms	$2,056 (±$858)	$1,881 (±$205)	$1,441 (±$58)	$2,074

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Detroit-Warren-Livonia, MI HUD Metro FMR Area
	Census median, this place	HUD Fair Market Rent
1 bedroom	$956 (±$54)	$1,167
2 bedrooms	$1,182 (±$45)	$1,459
3 bedrooms	$1,562 (±$137)	$1,777

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Waterford Charter Township

Nearest places with a published estimate, compared with Waterford Charter Township
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
Waterford Charter Township	—	$1,182 (±$45)	—
Sylvan Lake	4.2 mi	$1,214 (±$401)	Not measurably different
Keego Harbor	4.3 mi	$1,292 (±$77)	Higher
Village of Clarkston	5.1 mi	$1,429 (±$137)	Higher
Pontiac	5.2 mi	$1,119 (±$50)	Not measurably different
Independence Charter Township	5.9 mi	$1,566 (±$132)	Higher
White Lake Charter Township	6.0 mi	$1,482 (±$201)	Higher
West Bloomfield Charter Township	6.6 mi	$1,898 (±$123)	Higher
Auburn Hills	7.4 mi	$1,473 (±$46)	Higher

Nearby places with a measurably higher figure: Keego Harbor, MI ($1,292), Village of Clarkston, MI ($1,429), Independence Charter Township, MI ($1,566).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent, 2 bedrooms across Oakland County, place by place

Rank	Place	Median gross rent, 2 bedrooms
31	Madison Heights	$1,309 (±$105)
32	Keego Harbor	$1,292 (±$77)
33	Oxford Charter Township	$1,273 (±$256)
34	Milford Charter Township	$1,236 (±$489)
35	Springfield Charter Township	$1,218 (±$145)
36	Sylvan Lake	$1,214 (±$401)
37	Waterford Charter Township	$1,182 (±$45)
38	Wixom	$1,172 (±$35)
39	Highland Charter Township	$1,164 (±$361)
40	Pontiac	$1,119 (±$50)
41	Holly Township	$952 (±$40)
42	Brandon Charter Township	$945 (±$126)
43	Addison Township	$875 (±$99)

Showing 13 of 44 places in Oakland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Waterford Charter Township

How much is a one-bedroom apartment in Waterford Charter Township?

The median gross rent for a one-bedroom home in Waterford Charter Township, MI is $956 (±$54) a month (2020–2024 American Community Survey).

How much is a two-bedroom apartment in Waterford Charter Township?

The median gross rent for a two-bedroom home in Waterford Charter Township, MI is $1,182 (±$45) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Waterford Charter Township?

The median gross rent for a three-bedroom home in Waterford Charter Township, MI is $1,562 (±$137) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Waterford charter township, Oakland County, Michigan (county subdivision:84240, in state:26 county:125).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.