Last updated
Average Rent in Waterford Township 48328 & Rent Trends
Rent prices and market trends across 1 apartment community in Waterford Township 48328, Pontiac, MI. Updated daily.
Market Average
$1,148/mo
Lowest Available
$945/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Price Cuts This Week in Waterford Township 48328
3 listed units across 1 building offering 2 bed units in Waterford Township 48328 dropped their asking rent in the past 7 days, an average cut of $75/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Cass Lake Shore Club | Unit 1 | $1,080 | $945 | $135 |
| Cass Lake Shore Club | Unit 2 | $1,395 | $1,350 | $45 |
| Cass Lake Shore Club | Unit 3 | $945 | $900 | $45 |
Waterford Township 48328 vs Pontiac, MI Average
Waterford Township 48328 is cheaper the Pontiac, MI average by $373/mo (25%). The citywide average is $1,521/mo across all neighborhoods.
Is Rent Going Up or Down in Waterford Township 48328?
As of July 2026, the average rent in Waterford Township 48328 is $1,148 per month across 1 apartment community and 2 available units.
The most affordable option is Cass Lake Shore Club starting at $945/mo. By unit type, a 2-bedroom averages $1,148/mo.
Prices range from $945 to $1,350 per month. The most common price point is the $800 range, where 1 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Waterford Township 48328
Rent Prices by Apartment in Waterford Township 48328
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Cass Lake Shore Club | $945/mo | $1,148/mo | 2 | 3.8 |
Frequently Asked Questions About Rent in Waterford Township 48328
What is the average rent in Waterford Township 48328?
Is rent going up or down in Waterford Township 48328?
What is the cheapest apartment in Waterford Township 48328?
How many apartments are available in Waterford Township 48328?
What salary do I need to live comfortably in Waterford Township 48328?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$46,000/year
Based on the 30 percent rule, using our tracked average rent of $1,148/mo.
Comfortable income
$55,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($945/mo), you need to earn at least $38,000/year.
Median household income in Waterford Township 48328 is $42,791 , about 22% below the comfortable-living threshold.
Cost of living in Waterford Township 48328
Overall prices in Waterford Township 48328 runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Waterford Township 48328's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,148 |
| Utilities | $400 |
| Groceries | $529 |
| Transportation | $954 |
| Healthcare | $466 |
| Other goods and services | $745 |
| Estimated total | $4,242/mo |
Population
61,914
Median household income
$42,791
Census median rent
$1,007/mo
Rent as % of income
30.8%
Median age
35.5
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Waterford Township 48328 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Waterford Township 48328 Apartments
Browse all 1 communities with daily-updated pricing and availability.