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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article
close
View Me
Trent Village Apartments
1 to 2 Bedroom Apartments

Trent Village Apartments

1393 Trent BlvdLexington, KY 40517
Senior Living
  • Utilities Included
close
View Me
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
Showing Results 1-29, Page 1 of 1

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 Lansdowne Apartments priced from $850. Brandywine has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Waterford apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Brandywine1 Bed1BR,1BA$900
Lansdowne Grove1 Bedroom 1 Bathroom Classic1BR,1BA$900
Canter PointeAffirmed - 1x11BR,1BA$924
Barrel Oaks ApartmentsWillow1BR,1BA$929
The Callaway1 Bedroom Premium1BR,1BA$945
The Racquet Club ApartmentsSport1BR,1BA$948
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1,031
Tates Creek Crossings2 Bedroom 1.5 Bath2BR,1BA$1,050
The ElementThe Keeneland1BR,1BA$1,089

Best Value Apartments for Rent in Waterford, KY

As of April 09, 2025 the best value apartment in the Waterford area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,550. The second greatest value Waterford apartment is the RM-20G Model at rmLexington starting at $1,690 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.
Tates Creek Village3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
rmLexingtonRM-20G2BR,2BA$1.43
Tates Creek Crossings2 Bedroom 1.5 Bath2BR,1.5BA$1.14
Enclave HartlandB1 Cotsworld - Two Bedroom, One Bathroom2BR,1BA$1.43
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.15
Breckinridge Court2 Bd 2 Bth 858 sf (b1)2BR,2BA$1.27
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.44
Brandywine1 Bed1BR,1BA$1.18
Canter PointeAffirmed - 1x11BR,1BA$1.32
Barrel Oaks ApartmentsWillow1BR,1BA$1.41

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Waterford, Lexington, KY

Ranked #13

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

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

The lowest price for a Cheap One Bedroom Waterford Apartment is $850 at Lansdowne 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 $1,031 at Park Thirty99.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.