The visitors almost broke the deadlock on the half hour mark, but an Ali Reghba effort was scuffed wide.
Zak Elbouzedi had a good effort skew just wide on 35 minutes, while a Kenny Browne effort was saved early in the second half.
The Boh's keeper was called into action again on 73 minutes, this time tipping over a Rory Feely header.
Rob Cornwell had a chance to win it for the visitors 10 minutes from time, but his close range effort was deflected out for a corner.
It was a game Waterford dominated in the second half, but they couldn't make the breakthrough.
It finished: Waterford FC - 0 Bohemians - 0