Waterford, a charming borough in Erie County, Pennsylvania, is known for its picturesque landscapes, rich history, and a strong sense of community. Nestled along the banks of the French Creek, Waterford offers a variety of residential neighborhoods that cater to different lifestyles. This article delves into some of the best residential areas in Waterford, highlighting their unique characteristics, housing options, and average prices.
Table of Contents
Downtown Waterford

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Downtown Waterford is the bustling heart of the borough, featuring a blend of historical architecture, local shops, and community events. It is perfect for those who enjoy a vibrant atmosphere with easy access to amenities.
Characteristics of the Downtown Waterford
* Culture: Rich history and cultural events, local farmers market, art galleries
* Transportation: Public transport options and pedestrian-friendly streets
* Services: Restaurants, cafes, grocery stores, and health services
* Environment: Lively and community-oriented
Housing Options in the Downtown Waterford
Single-family homes, Townhouses, Apartments
Average Home Prices in the Downtown Waterford
* Buying: $150,000 – $250,000
* Renting: $1,100 – $1,500/month
Waterford Park

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Waterford Park is a suburban neighborhood known for its spacious lawns and family-friendly environment. It features parks and recreational facilities, making it an ideal place for families and outdoor enthusiasts.
Characteristics of the Waterford Park
* Culture: Community-oriented with family events and outdoor activities
* Transportation: Car-dependent with access to nearby highways
* Services: Parks, playgrounds, and schools within walking distance
* Environment: Quiet and family-focused
Housing Options in the Waterford Park
Single-family homes, New constructions
Average Home Prices in the Waterford Park
* Buying: $200,000 – $300,000
* Renting: $1,200 – $1,700/month
French Creek Area

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The French Creek area offers scenic views and waterfront living. Residents can enjoy outdoor activities like fishing and kayaking, making it perfect for nature lovers.
Characteristics of the French Creek Area
* Culture: Emphasis on nature and outdoor recreation, wildlife observation
* Transportation: Limited public transport; personal vehicle needed
* Services: Basic amenities, proximity to outdoor recreation
* Environment: Relaxed and nature-inspired
Housing Options in the French Creek Area
Lakefront homes, Cabins
Average Home Prices in the French Creek Area
* Buying: $250,000 – $400,000
* Renting: $1,500 – $2,000/month
Pine Valley

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Pine Valley is a tranquil neighborhood surrounded by lush forests and nature trails. It is an ideal location for those looking to escape the hustle and bustle of city life.
Characteristics of the Pine Valley
* Culture: Strong sense of community and connection with nature
* Transportation: Car necessary due to low public transport options
* Services: Minimal; focused on self-sufficient living
* Environment: Peaceful and secluded
Housing Options in the Pine Valley
Custom-built homes, Recreational cabins
Average Home Prices in the Pine Valley
* Buying: $220,000 – $350,000
* Renting: $1,300 – $1,800/month
Erie County Estates

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Erie County Estates is known for its spacious properties and family-oriented atmosphere. The neighborhood features community parks and is close to schools, making it desirable for families.
Characteristics of the Erie County Estates
* Culture: Community events, family gatherings, and local organizations
* Transportation: Accessible by car, close to main roads
* Services: Schools, parks, and shopping centers nearby
* Environment: Friendly and welcoming
Housing Options in the Erie County Estates
Single-family homes, Townhouses
Average Home Prices in the Erie County Estates
* Buying: $180,000 – $280,000
* Renting: $1,000 – $1,500/month
Cedarwood Heights

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Cedarwood Heights is a newer development area that boasts modern homes and a suburban feel. This neighborhood offers newer amenities and is popular among young professionals and families.
Characteristics of the Cedarwood Heights
* Culture: Modern living, focus on convenience and lifestyle
* Transportation: Convenient access to highways for commuters
* Services: Retail stores, fitness centers, and educational facilities
* Environment: Contemporary and vibrant
Housing Options in the Cedarwood Heights
New constructions, Single-family homes
Average Home Prices in the Cedarwood Heights
* Buying: $250,000 – $400,000
* Renting: $1,400 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Waterford:
The best residential areas in Waterford include Downtown Waterford, Waterford Park, French Creek Area, Pine Valley, Erie County Estates, and Cedarwood Heights.
Waterford Park and Erie County Estates are particularly family-friendly, offering parks and schools close by.
Yes, the French Creek Area provides scenic waterfront living and opportunities for outdoor activities.
Pine Valley and the French Creek Area are ideal for nature lovers, offering ample outdoor recreational options.
Home prices vary by neighborhood but generally range from $150,000 to $400,000 depending on the area and type of home.
Public transport options are limited; a personal vehicle is recommended to navigate the borough and surrounding areas.
Housing options include single-family homes, townhouses, apartments, and custom-built homes in various neighborhoods.
Downtown Waterford offers the most access to amenities, including shops, restaurants, and health services.
Yes, Cedarwood Heights features new constructions catering to modern lifestyles and families.
Cedarwood Heights is popular among young professionals due to its modern amenities and proximity to highways.
Conclusion on the Best Residential Areas in Waterford:
Waterford, Erie PA, offers a diverse range of residential neighborhoods catering to various lifestyles and preferences. From the vibrant Downtown Waterford with its community-focused atmosphere to the serene landscapes of Pine Valley and French Creek, there’s a perfect fit for everyone. Families will find welcoming environments in Waterford Park and Erie County Estates, while young professionals may gravitate towards Cedarwood Heights for its modern conveniences. Regardless of your chosen neighborhood, Waterford promises a fulfilling living experience with its strong community ties, rich history, and beautiful natural surroundings.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.