
Cheap Homes for Rent in Waterford Neighborhood of Lexington, KY from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford area of Lexington.


3573 Laredo Dr

421 Redding Rd, Unit 421 Redding Rd. # 47
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

3300 Morhan Way

323 Twin Spires Trail

1079 Trent Blvd
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
Waterford, Lexington, KY Local Guide

How much does it cost to rent a home in Waterford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterford 2 Bedroom Homes for Rent | $1,337 | $1,095 | $1,580 |
Waterford 3 Bedroom Homes for Rent | $1,921 | $1,400 | $2,500 |
Waterford 4 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Breckinridge Court priced from $785. Lansdowne Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Waterford apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Breckinridge Court | Studio 460 sf (st2) | 1BR,1BA | $785 |
Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $850 |
Lansdowne Grove | 1 Bedroom 1 Bathroom Classic | 1BR,1BA | $900 |
Best Value Apartments for Rent in Waterford, KY
As of April 26, 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 The Pointe Pleasant Model at Creeks on Kirklevington starting at $1,376 with a $1.10 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. |
---|---|---|---|
Tates Creek Village | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
Creeks on Kirklevington | The Pointe Pleasant | 2BR,1.5BA | $1.10 |
The Avenue at Nicholasville | Covington | 2BR,2BA | $1.47 |
Hartland Place | The Belmont Stakes- C | 2BR,2BA | $1.31 |
Tates Creek Crossings | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.14 |
Park Thirty99 | 2 Bedrooms 2 Bathrooms | 2BR,2BA | $1.15 |
Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.44 |
The Callaway | 1 Bedroom Premium | 1BR,1BA | $1.20 |
Brandywine | 1 Bed | 1BR,1BA | $1.20 |
Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.32 |
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Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 89 Apartments for Rent in Waterford, KY with pricing that ranges from $795 to $4,415. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,095 to $2,500.
What is the current price range for Rental Homes in Waterford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford ranges from $1,095 to $2,500 with an average monthly rent of $1,671.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.