Cheap Apartments for Rent in the Waterford Neighborhood of Lexington, KY from $600 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterford area of Lexington.

Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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Trent Village Apartments
1 to 2 Bedroom Apartments

Trent Village Apartments

1393 Trent BlvdLexington, KY 40517
Senior Living
  • Utilities Included
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Malabu Bridge Condos
1 Bedroom Apartments

Malabu Bridge Condos

828 Malabu DrLexington, KY 40502
  • Utilities Included
property at 3573 Laredo Dr

3573 Laredo Dr

LexingtonKY40517

Waterford, Lexington, KY Local Guide

Cheapest Available Waterford Apartments for Rent

 

The cheapest available apartment rental in the Waterford area of Lexington, KY is a 1 Bed unit found at The Racquet Club Apartments priced from $831. Tates Creek Crossings has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Waterford apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
The Racquet Club ApartmentsSport1BR,1BA$831
Tates Creek Crossings1 Bedroom 1 Bath1BR,1BA$845
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$850
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Brandywine1 Bed1BR,1BA$865
Breckinridge Court1 Bed 1 Bath 628 sf (a1)1BR,1BA$880
Lansdowne Grove1 Bedroom 1 Bathroom Classic1BR,1BA$900
Canter PointeAffirmed - 1x11BR,1BA$924
Barrel Oaks ApartmentsWillow1BR,1BA$929
MAA MansionMaxwell1BR,1BA$993

Best Value Apartments for Rent in Waterford, KY

As of March 25, 2025 the best value apartment in the Waterford area is the $1.16 price per square foot Claiborne Model at Park Place Apartments in the in the The Meadows At Brannon Crossing neighborhood starting from $1,675. The second greatest value Waterford apartment is the B1 Cotsworld - Two Bedroom, One Bathroom Model at Enclave Hartland starting at $1,319 with a $1.43 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Place ApartmentsClaiborne2BR,2BA$1.16
Enclave HartlandB1 Cotsworld - Two Bedroom, One Bathroom2BR,1BA$1.43
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.22
Spring House on the Park2x1 Arbor (shb1)2BR,1BA$1.41
Brandywine1 Bed1BR,1BA$1.14
Tates Creek Crossings1 Bedroom 1 Bath1BR,1BA$1.21
Canter PointeAffirmed - 1x11BR,1BA$1.32
Barrel Oaks ApartmentsWillow1BR,1BA$1.41
Breckinridge Court1 Bed 1 Bath 628 sf (a1)1BR,1BA$1.40
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$1.37

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Pet Friendly Lifestyle
Waterford, Lexington, KY

Ranked #15

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Kentucky including Waterford, Lexington, and the greater Lexington area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Waterford Apartments

What is the Cheapest Studio apartment in Waterford?

Currently the most affordable Cheap Studio Apartment in Waterford is at Barrel Oaks Apartments listed at $999.

How much is rent for a Cheap One Bedroom Waterford Apartment?

The lowest price for a Cheap One Bedroom Waterford Apartment is $831 at The Racquet Club Apartments.

What is the lowest price for a Cheap Two Bedroom Waterford Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $915 at Tates Creek Crossings.

What is the most affordable Waterford Three Bedroom Apartment?

The best deal on a cheap Waterford Three Bedroom Apartment rental is at Barrel Oaks Apartments and starts from $1,399.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington

Written by: Catrina Cowart

Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.