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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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

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Lansdowne Grove
1 to 2 Bedroom Apartments

Lansdowne Grove

3489 Lansdowne DrLexington, KY 40517
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. Tates Creek Crossings has the second lowest priced unit, which is a 2 Beds apartment currently listed from $915. Here are the most affordable Waterford apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Tates Creek Crossings2 Bedroom 1 Bath2BR,1BA$915
Canter PointeAffirmed - 1x11BR,1BA$924
The MetropolitanWoodford1BR,1BA$944
Brandywine1 Bed1BR,1BA$945
The Racquet Club ApartmentsA - Sport1BR,1BA$951
Barrel Oaks ApartmentsTimeless One Bedroom with the Willow1BR,1BA$969
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$995
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1,031
Creeks on KirklevingtonThe Belle1BR,1BA$1,108

Best Value Apartments for Rent in Waterford, KY

As of June 19, 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 Oakland Model at Saddlebrook at Tates Creek starting at $1,603 with a $1.32 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
Saddlebrook at Tates CreekThe Oakland2BR,2BA$1.32
Enclave HartlandB2 Ridley's Cheer - Two Bedroom, Two Bathroom2BR,2BA$1.31
Brandywine2 Bed Small2BR,2BA$1.31
The Callaway2 Bedroom Premium2BR,1BA$1.26
Tates Creek Crossings2 Bedroom 1 Bath2BR,1BA$1.02
Park Thirty992 Bedrooms 2 Bathrooms2BR,2BA$1.15
The MetropolitanBluegrass2BR,1BA$1.34
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
Canter PointeAffirmed - 1x11BR,1BA$1.32

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Waterford, Lexington, KY

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.