Cheap Apartments for Rent in the Waterford Neighborhood of Lexington, KY from $600 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
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.

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.

Read Article

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.

Read Article

Cash 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.

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
close
View Me
Lansdowne Grove
Studio to 2 Bedroom Apartments

Lansdowne Grove

3489 Lansdowne DrLexington, KY 40517
close
View Me
Saddle Run Townhomes
1 to 2 Bedroom Apartments

Saddle Run Townhomes

3395 Spangler DrLexington, KY 40517
  • Utilities Included

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.

Read Article
close
View Me
Merrick Place
1 to 3 Bedroom Apartments

Merrick Place

3260 Commodore DrLexington, KY 40502
  • Utilities Included
property at 3573 Laredo Dr

3573 Laredo Dr

LexingtonKY40517
Showing Results 1-38, 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 2 Beds unit found at 4044 Expo Ct, Lexington, KY, 40515-4682 priced from $825. Tates Creek Village 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 ListingModel NameBed/BathPriced From
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$825
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$850
Landing at Malabu852 Malabu - Newly-Renovated One Bedroom Apartm...1BR,1BA$895
The MetropolitanWoodford1BR,1BA$914
Brandywine1 Bed1BR,1BA$935
Lansdowne ApartmentsLarge 1BR/1BA1BR,1BA$940
The Racquet Club ApartmentsA - Sport1BR,1BA$956
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$995
Canter PointeAffirmed - 1x11BR,1BA$999
Barrel Oaks ApartmentsCozy Cul de Sac Apartment with Barrel Oaks Amen...2BR,1BA$999

Best Value Apartments for Rent in Waterford, KY

As of November 13, 2025 the best value apartment in the Waterford area is the $1.16 price per square foot 2 Bedroom 1.5 Bath Den Model at Tates Creek Crossings in the in the The Meadows At Brannon Crossing neighborhood starting from $1,222. The second greatest value Waterford apartment is the The Cypress Model at The Colony at the Oaks starting at $1,238 with a $1.21 price per square foot in the Lansdowne 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 Crossings2 Bedroom 1.5 Bath Den2BR,1.5BA$1.16
The Colony at the OaksThe Cypress2BR,1.5BA$1.21
Saddlebrook at Tates CreekThe Arlington1BR,1.5BA$1.41
Breckinridge Court2 Bd 2 Bth 858 sf (b1)2BR,2BA$1.36
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$0.97
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
Brandywine1 Bed1BR,1BA$1.22
Barrel Oaks ApartmentsCozy Cul de Sac Apartment with Barrel Oaks Amen...2BR,1BA$1.40
The MetropolitanWoodford1BR,1BA$1.36
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$1.37

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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 #17

Among cities in Kentucky 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 Tates Creek Village.

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 $825 at 4044 Expo Ct, Lexington, KY, 40515-4682.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.