Cheap Homes for Rent in Waterford Neighborhood of Lexington, KY from $800 (8 Rentals)

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

property at 3573 Laredo Dr

$929 - $1,199

2 Bedroom Rentals

Available Now

3573 Laredo Dr

LexingtonKY40517

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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 2 Beds unit found at 4044 Expo Ct, Lexington, KY, 40515-4682 priced from $825. Tates Creek Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Waterford apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$825
Tates Creek Village1 Bedroom 1 Bathroom1BR,1BA$850
Brandywine1 Bed1BR,1BA$910

Best Value Apartments for Rent in Waterford, KY

As of January 01, 2026 the best value apartment in the Waterford area is the $1.33 price per square foot Man O` War Model at Ashgrove Farms Townhomes in the in the The Meadows At Brannon Crossing neighborhood starting from $1,899. The second greatest value Waterford apartment is the C1 Pemberley - Three Bedroom, Two Bathroom Model at The Enclave Hartland starting at $1,720 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ashgrove Farms TownhomesMan O` War2BR,2.5BA$1.33
The Enclave HartlandC1 Pemberley - Three Bedroom, Two Bathroom3BR,2BA$1.36
The Colony at the OaksThe Cypress2BR,1.5BA$1.17
Brandywine2 Bed Small2BR,2BA$1.26
Tates Creek Crossings2 Bedroom 1.5 Bath2BR,1.5BA$1.16
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$0.97
Shillito Park Apartments1 Bed 1 Bath1BR,1BA$1.24
The MetropolitanWoodford1BR,1BA$1.31
Canter PointeAffirmed - 1x11BR,1BA$1.36
Tates Creek Village1 Bedroom 1 Bathroom1BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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Pet Friendly Lifestyle
Waterford, Lexington, KY

Ranked #18

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Waterford

What type of rentals are currently available in Waterford?

There are currently 94 Apartments for Rent in Waterford, KY with pricing that ranges from $825 to $3,320. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $895 to $2,995.

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 $2,995 with an average monthly rent of $1,517.

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 $1,173 to $3,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,700 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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.