368 Redding Rd
LexingtonKY40517
Cheap Apartments for Rent in the Waterford Neighborhood of Lexington, KY from $600 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford area of Lexington.
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$850 - $1,650Studio to 3 Bedroom Apartments Available Now
Tates Creek Village
3051 Kirklevington DrLexington, KY 40517
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$865 - $1,2001 to 2 Bedroom Apartments Contact Us For Availability
Lansdowne Apartments
820 Malabu DrLexington, KY 40502
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$875 - $1,6401 to 2 Bedroom Apartments Available Now
Breckinridge Court
420 Redding RdLexington, KY 40517
1197 Appian Crossing Way
LexingtonKY40517
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$900 - $1,570
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$809 - $1,479
Required Monthly Fees
$91
Total Monthly Price
$900 - $1,570
Lansdowne Grove Apartments
3489 Lansdowne DrLexington, KY 40517
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Rent Specials
$915 - $2,8491 to 3 Bedroom Apartments Available Now
Tates Creek Crossings
1123-1143 Centre PkyLexington, KY 40517
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$945 - $1,2501 to 2 Bedroom Apartments Available Now
Brandywine
1550 Trent BlvdLexington, KY 40515
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Rent Specials
$949 - $1,5781 to 3 Bedroom Apartments Available Now
Vetra Lexington
4070 Victoria WayLexington, KY 40515
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Rent Specials
$969 - $1,399
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$969 - $1,399
Total Monthly Price
$969 - $1,399
Barrel Oaks Apartments
249 E Reynolds RdLexington, KY 40517
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rent Specials
$975 - $1,7251 to 2 Bedroom Apartments Available Now
Canter Pointe
3650 Tates Creek RdLexington, KY 40517
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$975
Total Monthly Price
1 Bedroom Apartments Available May 8Total Monthly Price
Base Rent
$855
Required Monthly Fees
$120
Total Monthly Price
$975
Landing at Malabu
848 Malabu DrLexington, KY 40502
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$989 - $3,215
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$939 - $3,165
Required Monthly Fees
$50
Total Monthly Price
$989 - $3,215
The Racquet Club Apartments
3900 Crosby DrLexington, KY 40515
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$993 - $2,025
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$891 - $1,923
Required Monthly Fees
$102
Total Monthly Price
$993 - $2,025
Creeks on Kirklevington
3050 Kirklevington DrLexington, KY 40517
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$995 - $1,295
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$941 - $1,241
Required Monthly Fees
$54
Total Monthly Price
$995 - $1,295
Shillito Park Apartments
3500 Beaver Place RdLexington, KY 40503
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$999 - $1,0991 to 2 Bedroom Apartments Available Jun 14
Park Thirty99
3099 Kirklevington DrLexington, KY 40517
460 Lenney Dr
LexingtonKY40517
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$1,038 - $1,752
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$856 - $1,570
Required Monthly Fees
$182
Total Monthly Price
$1,038 - $1,752
The Colony at the Oaks
385 Redding RdLexington, KY 40517
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$1,050 - $1,2901 to 2 Bedroom Apartments Available Now
Spring House on the Park
3851 Belleau Wood DrLexington, KY 40517
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$1,065 - $3,079
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$975 - $2,989
Required Monthly Fees
$90
Total Monthly Price
$1,065 - $3,079
The Metropolitan
3751 Appian WayLexington, KY 40517
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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$1,080 - $2,0511 to 3 Bedroom Apartments Available Now
Bridle Creek Apartments
3800 Nicholasville RdLexington, KY 40503
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$1,081 - $1,230
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,060 - $1,209
Required Monthly Fees
$21
Total Monthly Price
$1,081 - $1,230
The Callaway
3745 Camelot DrLexington, KY 40517
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$1,089 - $1,5441 to 2 Bedroom Apartments Available Now
Element
3200 Loch Ness DrLexington, KY 40517
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$1,135 - $1,4271 to 2 Bedroom Apartments Available Now
Saddle Run Townhomes
3395 Spangler DrLexington, KY 40517
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$1,145 - $1,795
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$940 - $1,590
Required Monthly Fees
$205
Total Monthly Price
$1,145 - $1,795
Landing at Tates Creek
3565 Tates Creek RdLexington, KY 40517
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Rent Specials
$1,168 - $3,1731 to 2 Bedroom Apartments Available Now
MAA Mansion
3820 Nicholasville RdLexington, KY 40503
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Rent Specials
$1,199 - $2,7031 to 4 Bedroom Apartments Available Now
Saddlebrook at Tates Creek
3543 Tates Creek RdLexington, KY 40517
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$1,221 - $1,8841 to 3 Bedroom Apartments Available Now
The Enclave Hartland
3901 Rapid Run DrLexington, KY 40515
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Rent Specials
$1,262 - $2,0221 to 3 Bedroom Apartments Available Now
rmLexington
3600 Winthrop DrLexington, KY 40514
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$1,328 - $3,627
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $3,498
Required Monthly Fees
$129
Total Monthly Price
$1,328 - $3,627
Forty57 Apartments
4057 Mooncoin WayLexington, KY 40515
The Art of the Rental Viewing: What to look for during a property tour
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.
1257 Golden Gate Park
LexingtonKY40517
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$1,441 - $2,978
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,331 - $2,868
Required Monthly Fees
$110
Total Monthly Price
$1,441 - $2,978
Henry at Fritz Farm
200 LarueLexington, KY 40517
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Rent Specials
$1,458 - $4,6231 to 3 Bedroom Apartments Available Now
MAA Pinnacle
4390 Clearwater WayLexington, KY 40515
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$1,4701 to 3 Bedroom Apartments Available May 23
Park Place Apartments
4030 Tates Creek RdLexington, KY 40517
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1 to 2 Bedroom Apartments
Trent Village Apartments
1393 Trent BlvdLexington, KY 40517
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1 Bedroom Apartments
Malabu Bridge Condos
828 Malabu DrLexington, KY 40502
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2 Bedroom Apartments
4044 Expo Ct, Lexington, KY, 40515-4682
4040 Expo CtLexington, KY 40515
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2 to 3 Bedroom Apartments
Lakeside Manor Apartments -Affordable Housing
1205 Centre PkyLexington, KY 40517
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1 to 3 Bedroom Apartments
Forest Creek Apartments
1176 Appian Crossing WayLexington, KY 40517
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1 to 3 Bedroom Apartments
Merrick Place
3260 Commodore DrLexington, KY 40502
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.
3573 Laredo Dr
LexingtonKY40517
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1 to 3 Bedroom Apartments
Palomar Stables
3765 Winthrop DrLexington, KY 40514
3493 Sutherland Dr
LexingtonKY40517
1470 Vintage Cir
LexingtonKY40517
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3 Bedroom Apartments
The Park at Willow Haven
423-497 Newbury WayLexington, KY 40514
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2 to 3 Bedroom Apartments
The Townhomes at Glasford Square
825 Glasford SqLexington, KY 40515
3732 Red River Dr
LexingtonKY40517
601 Sherard Cir
LexingtonKY40517
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Rent Specials
$1,295 - $1,8801 to 3 Bedroom Apartments Available Now
The Avenue at Nicholasville
801 E Brannon RdNicholasville, KY 40356
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Rent Specials
$1,338 - $2,3101 to 3 Bedroom Apartments Available Now
The W at Brannon
270 Lancer DrNicholasville, KY 40356
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,440 | $1,048 | $1,650 |
| Waterford 1 Bedroom Apartments | $1,294 | $825 | $2,863 |
| Waterford 2 Bedroom Apartments | $1,586 | $933 | $5,950 |
| Waterford 3 Bedroom Apartments | $2,075 | $1,180 | $3,627 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 51 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 Tates Creek Village priced from $850. Breckinridge Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Waterford apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| Breckinridge Court | Studio 460 sf (st2) | 1BR,1BA | $875 |
| Lansdowne Grove Apartments | 1BD/ 1 BA | 1BR,1BA | $900 |
| Tates Creek Crossings | 2 Bedroom 1 Bath | 2BR,1BA | $915 |
| Vetra Lexington | 1 Bedroom 1 Bath | 1BR,1BA | $949 |
| Brandywine | 1 Bed | 1BR,1BA | $950 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $969 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $975 |
| Merrick Place | The Red Mile | 1BR,1BA | $994 |
| The Racquet Club Apartments | A1 - Classic | 1BR,1BA | $996 |
Best Value Apartments for Rent in Waterford, KY
As of April 06, 2026 the best value apartment in the Waterford area is the $1.48 price per square foot Sovereignty Model at Ashgrove Farms Townhomes in the in the The Meadows At Brannon Crossing neighborhood starting from $2,299. The second greatest value Waterford apartment is the C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments starting at $1,776 with a $1.46 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. |
|---|---|---|---|
| Ashgrove Farms Townhomes | Sovereignty | 3BR,2.5BA | $1.48 |
| Bridle Creek Apartments | C1 University - 3br - Three Bedroom, Two Bathroom | 3BR,2BA | $1.46 |
| Shillito Park Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.15 |
| Saddle Run Townhomes | Guadalupe | 2BR,1.5BA | $1.06 |
| The Colony at the Oaks | The Cypress | 2BR,1.5BA | $1.19 |
| Tates Creek Crossings | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.14 |
| Brandywine | 1 Bed | 1BR,1BA | $1.25 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.39 |
| Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $1.47 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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.
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Best Local Schools in Waterford, Lexington, KY
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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 price of a cheap apartment in Waterford?
The cheapest apartment in Waterford is Tates Creek Village which is listed at $850, while the average apartment in Waterford costs $1,948.
What types of apartments are the cheapest in Waterford?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Waterford that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waterford?
Cheap apartments in Waterford have an average cost of $261 which is $1,687 cheaper than the average rent for all rentals in Waterford.
Expert Rental Resources
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.
Articles, How-To's, and Tips
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.