Cheap Homes for Rent in Waterford Neighborhood of Lexington, KY from $900 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Waterford area of Lexington.

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.

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.

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 1 Bed unit found at Lansdowne Apartments priced from $850. Breckinridge Court 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 ListingModel NameBed/BathPriced From
Lansdowne ApartmentsSmall 1BR/1BA1BR,1BA$850
Breckinridge CourtStudio 460 sf (st1)1BR,1BA$900
Tates Creek Crossings2 Bedroom 1 Bath2BR,1BA$915

Best Value Apartments for Rent in Waterford, KY

As of June 28, 2025 the best value apartment in the Waterford area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at Tates Creek Village in the in the Lansdowne neighborhood starting from $1,550. The second greatest value Waterford apartment is the Enfield Model at MAA Pinnacle starting at $1,698 with a $1.38 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Tates Creek Village3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
MAA PinnacleEnfield2BR,2BA$1.38
Shillito Park Apartments2 Bed 2 Bath2BR,2BA$1.20
The Colony at the OaksThe Cypress2BR,1.5BA$1.28
The Avenue at NicholasvilleCovington2BR,2BA$1.47
Brandywine2 Bed Small2BR,2BA$1.35
Tates Creek Crossings2 Bedroom 1.5 Bath2BR,1.5BA$1.14
The MetropolitanWoodford1BR,1BA$1.32
Canter PointeAffirmed - 1x11BR,1BA$1.46
Barrel Oaks ApartmentsTimeless One Bedroom with the Willow1BR,1BA$1.47

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Frequently Asked Questions about Waterford

What type of rentals are currently available in Waterford?

There are currently 88 Apartments for Rent in Waterford, KY with pricing that ranges from $850 to $4,047. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $930 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 $930 to $3,000 with an average monthly rent of $1,965.

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.

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.