Cheap Apartments for Rent in the Waterford Neighborhood of Lexington, KY from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford area of Lexington.

The Racquet Club Apartments

Tates Creek Crossings

Lansdowne Apartments

Tates Creek Village

The Callaway

1197 Appian Crossing Way

Lansdowne Grove

Canter Pointe
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Barrel Oaks Apartments

Creeks on Kirklevington

Park Thirty99

The Metropolitan

Saddlebrook at Tates Creek

Spring House on the Park

The Colony at the Oaks

Enclave Hartland

Bridle Creek Apartments

Shillito Park Apartments

1216 Accord Dr

Lakeside Manor Apartments -Affordable Housing

3573 Laredo Dr
Waterford, Lexington, KY Local Guide

How much does it cost to rent an apartment in Waterford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterford Studio Apartments | $1,198 | $958 | $1,710 |
Waterford 1 Bedroom Apartments | $1,296 | $795 | $2,650 |
Waterford 2 Bedroom Apartments | $1,539 | $915 | $3,910 |
Waterford 3 Bedroom Apartments | $1,902 | $1,140 | $3,561 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Waterford Neighborhood of Lexington, KY.
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Waterford, Lexington, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Racquet Club Apartments | Sport | 1BR,1BA | $831 |
Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $850 |
Brandywine | 1 Bed | 1BR,1BA | $865 |
Breckinridge Court | 1 Bed 1 Bath 628 sf (a1) | 1BR,1BA | $880 |
Lansdowne Grove | 1 Bedroom 1 Bathroom Classic | 1BR,1BA | $900 |
Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $924 |
Barrel Oaks Apartments | Willow | 1BR,1BA | $929 |
MAA Mansion | Maxwell | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Park Place Apartments | Claiborne | 2BR,2BA | $1.16 |
Enclave Hartland | B1 Cotsworld - Two Bedroom, One Bathroom | 2BR,1BA | $1.43 |
Park Thirty99 | 2 Bedrooms 2 Bathrooms | 2BR,2BA | $1.22 |
Spring House on the Park | 2x1 Arbor (shb1) | 2BR,1BA | $1.41 |
Brandywine | 1 Bed | 1BR,1BA | $1.14 |
Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $1.21 |
Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.32 |
Barrel Oaks Apartments | Willow | 1BR,1BA | $1.41 |
Breckinridge Court | 1 Bed 1 Bath 628 sf (a1) | 1BR,1BA | $1.40 |
Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWaterford, Lexington, KY
Ranked #15
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Waterford, Lexington, KY
School data provided by Great Schools
Best Local Schools in Waterford, Lexington, KY
School data provided by Great Schools
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.

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.

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.

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.

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.