
Cheap Apartments for Rent in the Lakewood Heights Neighborhood of Atlanta, GA from $300 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Heights area of Atlanta.


276 Bromack Dr SE

2255 Rhinehill Rd SE

Room in House on McWilliams Rd SE

Manor III Apartments

Room in House on Lincoln St SW

Pavilion Place

2465 Springdale Road Southwest, Unit Garage House, Unit Garage House

2547 Springdale Rd SW

650 Banks Ave SW
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.

2547 Springdale Rd SW

City Central Condos

Senior Apartments age 55+ -Ashton Browns Mill

Total Monthly Price
Chez Moi Apartments

The Steede

Room in House on Welch St SW

650 Banks Ave SW

650 Banks Ave SW

Park Vista Apartments

953 Washington St SW
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.

1016 Linam Ave SE

Room in House on Polar Rock Rd SW

Colonial Square

Towne at Lakewood Heights

620 River Gdns Dr

Vineyards of Browns Mill

Brookside Park Apartments

The Skylark

Gateway South Apartments

The Maverick
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 Grant

Lakewood Christian Manor

Colony South Mobile Home Park

Betmar Village

2126 Jernigan Dr SE

Forest Cove Apartments

Constitution Hill Apartments

2308 Lakewood Ave SW

1178 Garibaldi St SW

Hartland Station
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1054 Ridge

2600 Old Hapeville Rd

Columbia Blackshear

Skyline Apartments

Columbia High Point

Veranda at Carver

1180 Sims St SW

Haven at South Atlanta

Capitol View Apartments

Constitution Apartments
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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.
Lakewood Heights, Atlanta, GA Local Guide

How much does it cost to rent an apartment in Lakewood Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Heights Studio Apartments | $1,525 | $600 | $1,980 |
| Lakewood Heights 1 Bedroom Apartments | $1,598 | $200 | $2,581 |
| Lakewood Heights 2 Bedroom Apartments | $1,924 | $750 | $4,200 |
| Lakewood Heights 3 Bedroom Apartments | $3,212 | $1,100 | $4,476 |
| Lakewood Heights 4 Bedroom Apartments | $2,947 | $2,300 | $3,846 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 2 mile radius of the Lakewood Heights Neighborhood of Atlanta, GA.
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Lakewood Heights, Atlanta, GA Local Guide
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Cheapest Available Lakewood Heights Apartments for Rent
 The cheapest available apartment rental in the Lakewood Heights area of Atlanta, GA is a 1 Bed unit found at Heritage Greene Apartments priced from $500. Manor III Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Lakewood Heights apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Greene Apartments | 1 BDRM | 1BR,1BA | $500 |
| Manor III Apartments | The Birch | 1BR,1BA | $750 |
| Pavilion Place | The Valley | 2BR,1BA | $900 |
| City Central Condos | Drake | 1BR,1BA | $920 |
| Chez Moi Apartments | Flat | 1BR,1BA | $985 |
| The Steede | A1 | 1BR,1BA | $1,010 |
| Veranda at Carver | A5 | 1BR,1BA | $1,047 |
| Park Vista Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,100 |
| 445 Cleveland | Ponce | 2BR,1BA | $1,143 |
| Springview Apartments | Springview Apartments: 2 Bedroom & 2 Bath Apart... | 2BR,2BA | $1,150 |
Best Value Apartments for Rent in Lakewood Heights, GA
As of April 23, 2026 the best value apartment in the Lakewood Heights area is the $1.07 price per square foot 3X2TH 60% Model at Villas at Lakewood Apartment Homes in the in the Summerhill neighborhood starting from $1,365. The second greatest value Lakewood Heights apartment is the 2BR/2.0BA Model at Towne at Lakewood Heights starting at $1,195 with a $1.00 price per square foot in the Ormewood Park neighborhood. Here is today’s list of the best values for Lakewood Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas at Lakewood Apartment Homes | 3X2TH 60% | 3BR,2.5BA | $1.07 |
| Towne at Lakewood Heights | 2BR/2.0BA | 2BR,2BA | $1.00 |
| Vineyards of Browns Mill | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Springview Apartments | Springview Apartments: 2 Bedroom & 2 Bath Apart... | 2BR,2BA | $1.10 |
| Pavilion Place | The Valley | 2BR,1BA | $0.88 |
| Colonial Square | 2 Bed / 1.5 Bath - 60% | 2BR,1.5BA | $1.24 |
| 445 Cleveland | Ponce | 2BR,1BA | $1.26 |
| Chez Moi Apartments | Flat | 1BR,1BA | $1.31 |
| Manor III Apartments | The Birch | 1BR,1BA | $1.00 |
| Heritage Greene Apartments | Efficiency | Studio ,1BA | $1.08 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCommute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleA Local Expert's Guide to the Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta
A Local Expert's Guide to The 10 Best Affordable Neighborhoods in the Atlanta, GA metro area for affordable living. Find your perfect Atlanta apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
Best Local Schools in Lakewood Heights, Atlanta, GA
Early College High School At Carver
School data provided by Great Schools
Frequently Asked Questions about Cheap Lakewood Heights Apartments
What is a cheap apartment in Lakewood Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood Heights is under $1,150.
What is the price of a cheap apartment in Lakewood Heights?
The cheapest apartment in Lakewood Heights is Heritage Greene Apartments which is listed at $500, while the average apartment in Lakewood Heights costs $6,000.
What types of apartments are the cheapest in Lakewood Heights?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Lakewood Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lakewood Heights?
Cheap apartments in Lakewood Heights have an average cost of $231 which is $5,769 cheaper than the average rent for all rentals in Lakewood Heights.
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

An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area
Written by: Jan Boling
Atlanta, Georgia is a large, modern city with many neighborhoods that welcome both newcomers and natives.

Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta
Written by: Brandie Parton
As a member of the Apartment Home Living team, I am honored to share all I know about the fabulous city that I affectionately call ATL.

Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies
Written by: Brandie Parton
Hi there, I am Brandie Parton, your ApartmentHomeLiving.com Local Expert for Atlanta, GA. I love this bustling city that never seems to quit, rest, or become boring.

Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About
Written by: Brandie Parton
Hi there, I am Brandie, your ApartmentHomeLiving.com local expert for Atlanta, Georgia.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.