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Highlights

  • Rent Special
  • Pet Friendly
  • Resort-style swimming pool
  • Private patios or balconies
  • Walk-in closets
  • Spacious apartment homes
  • Modern amenities
  • Outdoor recreation

Location

950 Village Green Ln, Waterford, MI 48328, USA|Waterford
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Tour Waterford Square

Contact

Management

M. Shapiro Real Estate Group

Leasing office

(866) 759-5345

Open 

9:00 am–5:30 pm ET

Property Overview

Waterford Square offers spacious apartment homes with modern amenities, including a resort-style pool, fitness center, outdoor recreation areas, and private patios or balconies, supported by a strong Zumper Expert Rating of 8.8/10. With perfect scores for price and amenities, excellent location convenience, and a solid trustworthiness rating, it delivers standout value. It is also highlighted as great for pet friendliness and fitness/wellness, with multiple nearby pet services and on-site wellness-focused features.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Waterford Square is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Waterford Square has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive
  • Images Available

Great for

  • Wellness
  • Pet owners

Floor plans

A11 bed1 bath571 sqft$949–$1,034 /mo3 units available
B12 bed1 bath842 sqft$1,184–$1,284 /mo3 units available
B32 bed2 bath862 sqft$1,199–$1,284 /mo3 units available
B22 bed1 bath897+ sqft$1,249–$1,434 /mo3 units available

Let's explore this property.

Amenities for Waterford Square

Apartment Amenities

Air ConditioningCeiling Fan
Generous Walk-in ClosetsPrivate Patio
Spacious Eat In KitchenStylish Ceiling Fan
Updated FloorUpdated Lighting
Walk-in Closet

Appliances

DishwasherNew Appliances

Tech

High Speed Internet Access

Building

Business CenterCats OK
Dogs OKFitness Center
Onsite Laundry

Grounds

Outdoor SpacePlayground
StorageSwimming Pool
Volleyball Courts
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. | Restrictions: Breed Restrictions do Apply.

$40

Pet Fee

One-time fee per pet.

$300

Dog

Pet Rent

Monthly. 2 dogs max. | Restrictions: Breed Restrictions do Apply.

$40

Pet Fee

One-time fee per pet.

$300

Questions about this property’s policies and fees?

Building details

Property details

Units406
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About Waterford Square

HomeApartments in Sylvan LakeWaterford Waterford Square

Welcome to Waterford Square Apartments, where comfort meets convenience in a serene, park-like setting. Our spacious apartment homes feature modern amenities such as private patios or balconies and walk-in closets. Enjoy access to our resort-style swimming pool, onsite fitness center, relaxing spa, and volleyball court. Pet lovers will appreciate our ample greenspace, while residents can take advantage of nearby shopping, dining, and outdoor recreation at Dodge #4 State Park. Discover the perfect blend of relaxation and convenience at Waterford Square—contact us today to schedule your tour and explore your new home.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Waterford Square is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Waterford Square has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Waterford Square
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Waterford Square offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Waterford Square stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Waterford Square is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Waterford Square does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Waterford Square is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • On-site pool or spa
  • Communal green spaces or garden

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet grooming services nearby
  • 3 pet supply stores near the property
  • 2 pet hospitals in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Waterford Square compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors
Pet friendly
This property allows pets
Walk-in closet
More closet space on average

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Rent trends in Waterford

1-bedroom apartments here are priced 0% lower than 1-bedrooms in Waterford.

If you decide to upgrade your space, you can expect 2-bedrooms at Waterford Square to be 3% less than the average for similarly sized apartments in Waterford.

Median rents as of Apr 18 2026.
Waterford
Sylvan Lake
A table of 1-bedroom apartment rental data trends in Sylvan Lake
MonthMedian Rent
May 2024$1,170
June 2024$1,128
July 2024$1,141
August 2024$1,180
September 2024$1,185
October 2024$985
November 2024$950
December 2024$945
January 2025$960
February 2025$927
March 2025$984
April 2025$1,011
May 2025$1,434
June 2025$1,983
July 2025$1,785
August 2025$985
September 2025$947
October 2025$957
November 2025$937
December 2025$903
January 2026$921
February 2026$1,050
March 2026$1,011
April 2026$997
A table of 1-bedroom apartment rental data trends in Waterford
MonthMedian Rent
May 2024$1,167
June 2024$1,128
July 2024$1,141
August 2024$1,180
September 2024$1,185
October 2024$985
November 2024$950
December 2024$945
January 2025$956
February 2025$915
March 2025$961
April 2025$987
May 2025$1,425
June 2025$1,983
July 2025$1,783
August 2025$951
September 2025$947
October 2025$957
November 2025$937
December 2025$903
January 2026$921
February 2026$1,050
March 2026$999
April 2026$950

Affordability calculator

Can I afford to live at 950 Village Green Ln?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$36,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $36,960 annually to afford this 1-bedroom monthly rent price of $924.
For more information on rent affordability, visit our rent calculator.

Schools near Waterford Square

Virtual Learning Academy Consortium

2111 pontiac lake rd

waterford, MI, 48328

K-12Public

Children's Village School

1200 n telegraph rd

pontiac, MI, 48341

K-12Public

Grayson Elementary School

3800 w walton blvd

waterford, MI, 48329

K-5Public
C+

Kingsley Montgomery School

4265 halkirk dr

waterford, MI, 48329

PK, K-12Public

Renaissance Virtual School

6558 waldon rd

clarkston, MI, 48346

K-12Public
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Internet available near Waterford Square

Getting around Waterford near 950 Village Green Ln

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 950 Village Green Ln, Waterford

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

2/10
Some bars within walking distance

Explore the area around 950 Village Green Ln

Lakeways Market
3468 Pontiac Lake Rd
Meijer
4200 Highland Rd
Gordon Food Service Store
4295 Highland Rd
Motor City Tacos
4530 Elizabeth Lake Rd
Kroger
5111 Highland Rd

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