3510 Lansdowne Dr
LexingtonKY40517
Cheap Homes for Rent in Waterford Neighborhood of Lexington, KY from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford area of Lexington.
3414 Wallingford Ct
LexingtonKY40503
3573 Laredo Dr
LexingtonKY40517
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
3673 Bass Ct
LexingtonKY40517
3500 Warwick Dr
LexingtonKY40517
close
View Me
$1,4002 Bedroom Apartments Available Now
1176 Tatesbrook Dr, Unit A
1176 Tatesbrook DrLexington, 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.
1179 Tatesbrook Dr
LexingtonKY40517
Showing Results 1-7, Page 1 of 1
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 | $1,196 | $995 | $1,395 |
| Waterford 3 Bedroom Homes for Rent | $1,873 | $1,250 | $2,900 |
| Waterford 4 Bedroom Homes for Rent | $2,031 | $995 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Waterford Neighborhood of Lexington, KY.
Explore 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 Breckinridge Court priced from $845. Tates Creek Crossings has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. 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 | $845 |
| Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $900 |
| The Callaway | 1x1-A | 1BR,1BA | $920 |
Best Value Apartments for Rent in Waterford, KY
As of May 24, 2026 the best value apartment in the Waterford area is the $1.46 price per square foot C1 University - 3br - Three Bedroom, Two Bathroom Model at Bridle Creek Apartments in the in the The Meadows At Brannon Crossing neighborhood starting from $1,776. The second greatest value Waterford apartment is the Guadalupe Model at Saddle Run Townhomes starting at $1,427 with a $1.33 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. |
|---|---|---|---|
| Bridle Creek Apartments | C1 University - 3br - Three Bedroom, Two Bathroom | 3BR,2BA | $1.46 |
| Saddle Run Townhomes | Guadalupe | 2BR,1.5BA | $1.33 |
| Barrel Oaks Apartments | Stretch Out and Settle In To This 3 Bedroom, 2 ... | 3BR,2BA | $1.31 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Brandywine | 1 Bed | 1BR,1BA | $1.26 |
| The Colony at the Oaks | The Willow | 1BR,1BA | $1.46 |
| Vetra Lexington | 2 Bedroom 1 Bath | 2BR,1BA | $1.42 |
| Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.36 |
| The Callaway | 1x1-A | 1BR,1BA | $1.34 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Let everyone know!
Do you know the Waterford area?
If you’re an expert on all things Waterford, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Waterford, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Waterford
What type of rentals are currently available in Waterford?
There are currently 91 Apartments for Rent in Waterford, KY with pricing that ranges from $825 to $5,950. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $995 to $3,000.
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 $995 to $3,000 with an average monthly rent of $1,700.
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.
Helpful Local Expert Guides
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 Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.
The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.