
Cheap Homes for Rent in Waterford Neighborhood of Lexington, KY from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford area of Lexington.


3500 Warwick Dr

1248 Hot Springs Ct

1244 Hot Springs Ct

3717 Trent Cir
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 | $1,299 | $1,199 | $1,400 |
Waterford 3 Bedroom Homes for Rent | $1,907 | $1,500 | $2,500 |
Waterford 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Tates Creek Crossings priced from $845. Lansdowne Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
Lansdowne Apartments | Small 1BR/1BA | 1BR,1BA | $850 |
The Callaway | 1 Bedroom Traditional | 1BR,1BA | $920 |
Best Value Apartments for Rent in Waterford, KY
As of July 13, 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 The Pointe Pleasant Model at Creeks on Kirklevington starting at $1,403 with a $1.12 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. |
---|---|---|---|
Tates Creek Village | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
Creeks on Kirklevington | The Pointe Pleasant | 2BR,1.5BA | $1.12 |
Forty57 Apartments | Colt | Renovated | 2BR,2BA | $1.47 |
The Avenue at Nicholasville | Covington | 2BR,2BA | $1.47 |
Brandywine | 2 Bed Small | 2BR,2BA | $1.33 |
Shillito Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
Tates Creek Crossings | 1 Bedroom 1 Bath | 1BR,1BA | $1.21 |
Canter Pointe | Affirmed - 1x1 | 1BR,1BA | $1.46 |
The Callaway | 1 Bedroom Traditional | 1BR,1BA | $1.34 |
Barrel Oaks Apartments | Timeless One Bedroom with the Willow | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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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 $835 to $4,028. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford ranging from $1,199 to $2,500.
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 $1,199 to $2,500 with an average monthly rent of $1,726.
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.

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.

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.

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.

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.