421 Redding Rd
LexingtonKY40517
Cheap Homes for Rent in Waterford Neighborhood of Lexington, KY from $1,000 (3 Rentals)
Search the lowest-cost Homes 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.
3573 Laredo Dr
LexingtonKY40517
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.
608 McCurdy Ct
LexingtonKY40517
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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 | $1,328 | $1,099 | $1,600 |
| Waterford 3 Bedroom Homes for Rent | $1,675 | $1,415 | $1,995 |
| Waterford 4 Bedroom Homes for Rent | $2,267 | $1,695 | $2,895 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Waterford, KY
As of February 20, 2026 the best value apartment in the Waterford area is the $1.34 price per square foot RM-20 Model at rmLexington in the in the The Meadows At Brannon Crossing neighborhood starting from $1,549. The second greatest value Waterford apartment is the The Belmont Stakes- C Model at Hartland Place starting at $1,370 with a $1.19 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. |
|---|---|---|---|
| rmLexington | RM-20 | 2BR,2BA | $1.34 |
| Hartland Place | The Belmont Stakes- C | 2BR,2BA | $1.19 |
| Tates Creek Crossings | 2 Bedroom 1.5 Bath Den | 2BR,1.5BA | $1.23 |
| Brandywine | 2 Bed Small | 2BR,2BA | $1.26 |
| The Metropolitan | Bluegrass | 2BR,1BA | $1.21 |
| 4044 Expo Ct, Lexington, KY, 40515-4682 | Covered front porch | 2BR,1BA | $0.97 |
| Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.34 |
| The Callaway | 1 Bedroom Traditional | 1BR,1BA | $1.34 |
| Tates Creek Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
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
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 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.
Read ArticleQuick Rent Budget Calculator
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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 92 Apartments for Rent in Waterford, KY with pricing that ranges from $815 to $3,591. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,099 to $2,895.
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 $1,099 to $2,895 with an average monthly rent of $1,756.
How much are larger Three and Four Bedroom Rentals in Waterford?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterford range from $1,140 to $3,591, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,415 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,750.
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.