
Cheap Apartments for Rent in the Waterford Neighborhood of Lexington, KY from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford area of Lexington.


Tates Creek Village

Lansdowne Apartments

1197 Appian Crossing Way

4120 Victoria Way

Breckinridge Court

The Callaway
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.

Creeks on Kirklevington

Barrel Oaks Apartments

The Metropolitan

Canter Pointe

Park Thirty99
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.

Shillito Park Apartments

The Colony at the Oaks

The Element

The August

1124 Greentree Ct

The Racquet Club Apartments

Landing at Tates Creek

Enclave Hartland

Bridle Creek Apartments

Spring House on the Park
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.

MAA Mansion

Saddlebrook at Tates Creek

Lakeside Manor Apartments -Affordable Housing
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.

3573 Laredo Dr
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 | $1,144 | $900 | $1,650 |
Waterford 1 Bedroom Apartments | $1,391 | $845 | $3,372 |
Waterford 2 Bedroom Apartments | $1,581 | $900 | $2,695 |
Waterford 3 Bedroom Apartments | $1,876 | $1,140 | $3,938 |
Waterford 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Waterford Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
Waterford, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Crossings priced from $845. Lansdowne Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here are the most affordable Waterford apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
Lansdowne Apartments | Large 1BR/1BA | 1BR,1BA | $940 |
Landing at Malabu | Summer Availability Newly-Renovated One Bedroom... | 1BR,1BA | $945 |
Breckinridge Court | Studio 460 sf (st1) | 1BR,1BA | $955 |
Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $969 |
The Metropolitan | Woodford | 1BR,1BA | $979 |
Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $999 |
Brandywine | 1 Bed | 1BR,1BA | $1,050 |
The Element | The Keeneland | 1BR,1BA | $1,089 |
The August | 1 Bedroom 1 Bath | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Waterford, KY
As of August 04, 2025 the best value apartment in the Waterford area is the $1.23 price per square foot 2801 Styx Ct Model at 2801 Styx Ct, Unit 2801 in the in the The Meadows At Brannon Crossing neighborhood starting from $1,500. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2801 Styx Ct, Unit 2801 | 2801 Styx Ct | 3BR,2.5BA | $1.23 |
rmLexington | RM-20G | 2BR,2BA | $1.43 |
Shillito Park Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.24 |
The Avenue at Nicholasville | Dixon | 2BR,2BA | $1.39 |
Hartland Place | The Kentucky Derby | 2BR,1BA | $1.28 |
Brandywine | 1 Bed | 1BR,1BA | $1.38 |
The Metropolitan | Woodford | 1BR,1BA | $1.38 |
Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.43 |
Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $1.21 |
Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $1.47 |
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.
Pet Friendly LifestyleWaterford, Lexington, KY
Ranked #26
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $845 at Tates Creek Crossings.
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 Tates Creek Crossings and starts from $1,140.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.