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OFFER:

$500 off select 1-bedroom apartments! Move in by 7/17 and save big. Contact our leasing team today to take advantage of this limited-time offer.

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Highlights

  • Rent Special
  • Pet Friendly
  • Central location
  • Sparkling pool
  • Beautiful apartment community
  • Townhomes and apartments

Location

5278 Rosamond Ln, Waterford, MI 48327, USA|Waterford
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Tour Elizabeth Lake Estates

Contact

Management

Dietz Management Company dba Dietz Property Group

Leasing office

(844) 326-4677 ext. 5419

Open 

Monday 10:00 am–5:00 pm ET

Property Overview

Elizabeth Lake Estates earns a strong overall rating, with standout marks for amenities, location, price, and quality, making it an appealing option for renters seeking convenience and value. Notable features include a central location, sparkling pool, and a well-kept community with both townhomes and apartments, while nearby schools, outdoor spaces, and a pet supply store add to its everyday practicality.

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

9.1
Excellent
Elizabeth Lake Estates is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Dishwasher

Great for

  • Pet owners

Floor plans

1B1B61 bed1 bath730 sqft$1,135 /mo1 unit availableApartment
1B1B81 bed1 bath871 sqft$1,146 /mo1 unit availableApartment
1B1B41 bed1 bath899 sqft$1,146–$1,350 /mo2 units availableApartment/Sub-Level
1B1BD81 bed1 bath938 sqft$1,206 /moApartment W/Den
1B1BD41 bed1 bath993 sqft$1,215–$1,220 /mo2 units availableApartment w/Den
2B15B72 bed1.5 bath1,120 sqft$1,225 /mo1 unit availableApartment
2B1.5B32 bed1.5 bath1,124 sqft$1,270 /mo3 units availableApartment
2B15B52 bed1.5 bath1,118 sqft$1,425–$1,470 /mo3 units availableApartment/Lake View
2B15BTH12 bed1.5 bath1,140 sqft$1,465 /moTownhouse
2B15BTH22 bed1.5 bath1,246 sqft$1,509 /mo1 unit availableTownhouse

Let's explore this property.

Amenities for Elizabeth Lake Estates

Apartment Amenities

Air ConditioningBalcony
Central HeatPantry
Walk-in ClosetWasher/Dryer Hookups

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
RefrigeratorSmoke Free Apartments Available

Tech

High Speed Internet Access

Building

Cats OKDogs OK

Grounds

Assigned ParkingSwimming Pool

Services

On-Site Management
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

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

OPTIONAL FEES

Parking Policy

Other

Surface Lot Parking, no fees - $15 per month for assigned covered carport parking.

Surface Lot

Surface Lot Parking, no fees - $15 per month for assigned covered carport parking.

Other

Parking Fee

Monthly. 2 others max. Surface Lot Parking, no fees - $15 per month for assigned covered carport parking.

Contact Property

Surface Lot

Parking Fee

Monthly. 2 surface lots max. Surface Lot Parking, no fees - $15 per month for assigned covered carport parking.

Contact Property

Dog Policy

Allowed
Limit1
Breed restrictionsYes

We welcome both cats and dogs. There is a $200 non-refundable pet fee due per pet. Monthly pet rent is $50 due for each pet. Please contact the office for additional details.

Cat Policy

Allowed
Limit1

Cat

Pet Terms

1 cat max.

Pet Fee

One-time fee per pet.

$200

Dog

Pet Terms

1 dog max.

Pet Fee

One-time fee per pet.

$200

Questions about this property’s policies and fees?

Building details

Property details

Units256
Lease terms1–15 months
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About Elizabeth Lake Estates

HomeApartments in Sylvan LakeWaterford Elizabeth Lake Estates

Welcome to Elizabeth Lake Estates Apartments. Our beautiful lake front apartment community offers you townhomes and apartments as well as a lakefront sparkling pool. Our central location in Waterford, Michigan places you minutes from, M-59 and I-75 in order to get you where ever you need to go! Stop in for your personal tour today!


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.
9.1
/10
Excellent
Elizabeth Lake Estates is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
How we rated Elizabeth Lake Estates
Price·9A 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.
Elizabeth Lake Estates stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
Elizabeth Lake Estates 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.
Elizabeth Lake Estates 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·9A 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.
Elizabeth Lake Estates has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.

Elizabeth Lake Estates is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet supply store near the property

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 Elizabeth Lake Estates compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
High school nearby
There is a high school 2 miles away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Walk-in closet
More closet space on average

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Rent trends in Waterford

1-bedroom apartments here are priced 7% higher than 1-bedrooms in Waterford.

If you decide to upgrade your space, you can expect 2-bedrooms at Elizabeth Lake Estates to be 1% more than the average for similarly sized apartments in Waterford.

Median rents as of Jun 27 2026.
Waterford
Sylvan Lake
A table of 1-bedroom apartment rental data trends in Sylvan Lake
MonthMedian Rent
July 2024$1,143
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$1,014
May 2026$1,091
June 2026$1,094
A table of 1-bedroom apartment rental data trends in Waterford
MonthMedian Rent
July 2024$1,143
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$964
May 2026$1,036
June 2026$1,065

Affordability calculator

Can I afford to live at 5278 Rosamond 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

$45,840/yr

With your selected rent-to-income ratio, you'd ideally want to make $45,840 annually to afford this 1-bedroom median monthly rent price of $1,146.
For more information on rent affordability, visit our rent calculator.

Schools near Elizabeth Lake Estates

Haviland Elementary School

5305 cass elizabeth rd

waterford, MI, 48327

PK, K-5Public
C

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
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Internet available near Elizabeth Lake Estates

Neighborhood

Waterford | Sylvan Lake, MI

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Waterford near 5278 Rosamond Ln

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

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

Points of interest for 5278 Rosamond Ln, Waterford

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

1/10
Few or no shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

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

High schools

0/10
No high schools within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

Explore the area around 5278 Rosamond Ln

Freddies Family Food
5177 Cass Elizabeth Rd
Motor City Tacos
4530 Elizabeth Lake Rd
Elizabeth Lake Market
6381 Elizabeth Lake Rd
Gordon Food Service Store
4295 Highland Rd
Meijer
4200 Highland Rd

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