3793 Camelot Dr
LexingtonKY40517
Cheap Homes for Rent in the Waterford Neighborhood of Lexington, KY from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford area of Lexington.
3573 Laredo Dr
LexingtonKY40517
404 Whispering Hills Dr
LexingtonKY40517
328 Harvard 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.
3690 Laredo Dr
LexingtonKY40517
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$1,6001 Bedroom Apartments Available Now
3496 Lansdowne Dr, Unit #1
3496 Lansdowne DrLexington, KY 40517
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$1,6001 Bedroom Apartments Available Now
3496 Lansdowne Dr, Unit apt # 2
3496 Lansdowne DrLexington, KY 40517
215 Medlock Rd
LexingtonKY40517
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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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 | $1,231 | $895 | $1,600 |
| Waterford 3 Bedroom Homes for Rent | $1,901 | $1,400 | $2,500 |
| Waterford 4 Bedroom Homes for Rent | $2,533 | $1,850 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Lansdowne Apartments priced from $865. The Callaway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Waterford apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $865 |
| The Callaway | 1x1-B | 1BR,1BA | $955 |
| Tates Creek Crossings | 2 Bedroom 1 Bath | 2BR,1BA | $957 |
Best Value Apartments for Rent in Waterford, KY
As of July 12, 2026 the best value apartment in the Waterford area is the $1.33 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 $1,615. The second greatest value Waterford apartment is the B2 Ridley's Cheer - Two Bedroom, Two Bathroom Model at The Enclave Hartland starting at $1,510 with a $1.36 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 | $1.33 |
| The Enclave Hartland | B2 Ridley's Cheer - Two Bedroom, Two Bathroom | 2BR,2BA | $1.36 |
| Canter Pointe | Secretariat - 2x2 | 2BR,2BA | $1.16 |
| Tates Creek Crossings | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.19 |
| MAA Mansion | Bradford | 2BR,1BA | $1.35 |
| Breckinridge Court | 2 Bd 2 Bth 858 sf (b1) | 2BR,2BA | $1.38 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| The Callaway | 1x1-B | 1BR,1BA | $1.21 |
| Brandywine | 1 Bed | 1BR,1BA | $1.32 |
| Barrel Oaks Apartments | Cozy Cul de Sac Apartment with Barrel Oaks Amen... | 2BR,1BA | $1.40 |
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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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.
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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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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 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $895 to $3,500.
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 $895 to $3,500 with an average monthly rent of $1,888.
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
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The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
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Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
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Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.