Apartments for Rent in Waterford, Sylvan Lake, MI

Waterford, Sylvan Lake apartment availability

Waterford's rental market offers a very strong selection of listings, accounting for nearly 94% of Sylvan Lake's total rentals. The majority of rentals in Waterford are 2-bedroom apartments, followed closely by 1-bedroom apartments. A smaller number of 3-bedroom apartments and studios are also available. Many of these rentals offer desirable amenities, including air conditioning, outdoor space, and dishwashers, which are available in over 50% of the apartments. With such a wide range of options, renters are likely to find a suitable match in Waterford.

Waterford, Sylvan Lake rental market trends

The Waterford neighborhood in Sylvan Lake saw a significant increase in rent prices last year, with an average monthly rent of $1,444, reflecting a 16.4% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,070 per month, a 6.2% annual increase, while 2-bedrooms averaged $1,378, a 9.3% increase. The average rent for a 3-bedroom was $2,014, an 8.2% increase.

In terms of seasonal fluctuations, October typically sees the highest rent prices, with a 24.4% increase compared to June, the month with the lowest rent. This suggests that renters can expect to pay more in the fall, but may be able to find better deals in the early summer. It's worth noting that the studio market in Waterford saw a significant decline in rent prices, with a 69.7% decrease year-over-year. Overall, renters looking for a new place in Waterford should be prepared for a competitive market, especially during the peak season.

Waterford, Sylvan Lake architectural style

Waterford's architectural landscape is characterized by a blend of classic styles, with Colonial homes being the most prevalent. Nearly 41% of the properties in the area feature Colonial architecture, marked by symmetrical facades, evenly spaced windows, and classic detailing. Ranch-style homes are also a staple in Waterford, making up approximately 32% of the market, offering a more laid-back, single-story living experience. Bungalows, with their cozy, inviting charm, account for around 15% of the properties, adding to the neighborhood's eclectic charm. This mix of styles creates a visually appealing and diverse community. Architectural style in Waterford,Sylvan Lake is representative of a subset of listings available on Zumper over the last few years.

Why Waterford, Sylvan Lake is a great place to live

We've analyzed data from the last few years to understand what makes Waterford, Sylvan Lake, a desirable neighborhood. Our findings indicate that this area excels in catering to pet owners and those seeking an active social life.

For pet enthusiasts, Waterford offers a range of amenities, including designated pet spaces, pet-safe windows, and easy access to pet hospitals and events. The abundance of outdoor spaces and lack of breed restrictions make it an ideal location for pet owners.

The neighborhood also supports a vibrant social life, thanks to its well-designed street infrastructure, diverse age distribution, and high safety standards. With convenient transit options and a favorable walk score, residents can easily explore local attractions and connect with the community. If you prioritize pet friendliness and social connections, Waterford is an excellent choice.