Cheap Homes for Rent in Lakewood Heights Neighborhood of Atlanta, GA from $500 (26 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakewood Heights area of Atlanta.

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.

property at 1782 Cahoon St SW

$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1782 Cahoon St SW

AtlantaGA30310

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.

property at 1780 Cahoon St SW

$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1780 Cahoon St SW

AtlantaGA30310

Cash 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.

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.

property at 245 Amal Dr SW

$1,350 - $1,800

1 To 2 Bedroom Rentals

Available Now

245 Amal Dr SW

AtlantaGA30315

Lakewood Heights, Atlanta, GA Local Guide

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 ListingModel NameBed/BathPriced From
Heritage Greene Apartments1 BDRM1BR,1BA$500
Manor III ApartmentsThe Birch1BR,1BA$750
Park South Apartments1 Bed, 1 bath1BR,1BA$900
City Central CondosDrake1BR,1BA$920
Chez Moi ApartmentsFlat1BR,1BA$985
445 ClevelandPonce2BR,1BA$1,060
Park Vista Apartments2 Bed 1 Bath2BR,1BA$1,100
Springview ApartmentsSpringview Apartments: 2 Bedroom & 2 Bath Apart...2BR,2BA$1,150
Colonial Square2 Bed / 1.5 Bath - 60%2BR,1BA$1,177
The SteedeB12BR,1BA$1,216

Best Value Apartments for Rent in Lakewood Heights, GA

As of May 26, 2026 the best value apartment in the Lakewood Heights area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at Vineyards of Browns Mill in the in the Glenrose Heights neighborhood starting from $1,650. The second greatest value Lakewood Heights apartment is the 3X2TH 60% Model at Villas at Lakewood Apartment Homes starting at $1,250 with a $0.98 price per square foot in the Summerhill neighborhood. Here is today’s list of the best values for Lakewood Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vineyards of Browns Mill3 Bedroom 2 Bath3BR,2BA$1.24
Villas at Lakewood Apartment Homes3X2TH 60%3BR,2.5BA$0.98
Towne at Lakewood Heights2BR/2.0BA2BR,2BA$1.14
445 ClevelandPeachtree3BR,2BA$1.29
Springview ApartmentsSpringview Apartments: 2 Bedroom & 2 Bath Apart...2BR,2BA$1.10
Colonial Square2 Bed / 1.5 Bath - 60%2BR,1.5BA$1.24
Summerdale Apartments! Welcome HomeSummerdale Apts: 2 Bedroom & 2 Bath Apartment2BR,2BA$1.32
Manor III ApartmentsThe Birch1BR,1BA$1.00
Chez Moi ApartmentsFlat1BR,1BA$1.31
Heritage Greene ApartmentsEfficiencyStudio ,1BA$1.08

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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Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies

Find your ideal Atlanta apartment! This guide explores top neighborhoods like Midtown, Vinings, and Brookhaven, and matches them to the city's biggest employers to help you with your next move.

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A 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Frequently Asked Questions about Lakewood Heights

What type of rentals are currently available in Lakewood Heights?

There are currently 147 Apartments for Rent in Lakewood Heights, GA with pricing that ranges from $200 to $10,632. There are also 189 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Heights ranging from $531 to $6,500.

What is the current price range for Rental Homes in Lakewood Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood Heights ranges from $531 to $6,500 with an average monthly rent of $2,390.

How much are larger Three and Four Bedroom Rentals in Lakewood Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood Heights range from $1,100 to $4,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $6,500. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $2,300.

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

decorative image for An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area article

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.

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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.

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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.

decorative image for Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About  article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.