Cheap Homes for Rent in Lakemont Neighborhood of Augusta, GA from $700 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakemont area of Augusta.

property at 1728 Telfair St

$750 - $1,585

Total Monthly Price

Total Monthly Price

Base Rent
$750 - $1,585

Total Monthly Price
$750 - $1,585

Studio To 4 Bedroom Homes for Rent

Available Now

1728 Telfair St

AugustaGA30904

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.

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 501 Milledge Rd

$1,199

Total Monthly Price

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

2 Bedroom, 1 Bath Condo for Rent

Available Now

501 Milledge Rd, Unit 1C

501 Milledge Rd
AugustaGA30904

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.

Lakemont, Augusta, GA Local Guide

Cheapest Available Lakemont Apartments for Rent

 

The cheapest available apartment rental in the Lakemont area of Augusta, GA is a 1 Bed unit found at Ramblewood priced from $835. The Palmer on Washington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lakemont apartments for rent in Augusta, GA:

Apartment ListingModel NameBed/BathPriced From
RamblewoodOne Bed One Bath1BR,1BA$835
The Palmer on WashingtonA1U1BR,1BA$850
Rivercreek ApartmentsOne Bedroom, One Bath1BR,1BA$909
Stevens Creek CommonsThe Dogwood1BR,1BA$995
Ventana TownhomesB12BR,1BA$995

Best Value Apartments for Rent in Lakemont, GA

As of May 28, 2026 the best value apartment in the Lakemont area is the $0.63 price per square foot C1U Model at The Palmer on Washington in the in the Ridgecrest neighborhood starting from $850. The second greatest value Lakemont apartment is the 2 Bed 2 Bath - Renovated Model at The Glen at Alexander Apartments starting at $1,512 with a $1.29 price per square foot in the Ridgecrest neighborhood. Here is today’s list of the best values for Lakemont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Palmer on WashingtonC1U3BR,2BA$0.63
The Glen at Alexander Apartments2 Bed 2 Bath - Renovated2BR,2BA$1.29
Ventana TownhomesB12BR,1.5BA$0.94
Willow Ridge Apartments2 Bedroom2BR,1.5BA$1.09
The TurnEMERALD1BR,1BA$1.41
Pinewood at National Hills Apartments1 Bed 1 Bath - Renovated1BR,1BA$1.38
Hunters Run1 Bedroom 1 Bath with Fireplace1BR,1BA$1.35
Stevens Creek CommonsThe Dogwood1BR,1BA$1.38
Lory of AugustaA21BR,1BA$1.43
Rivercreek ApartmentsOne Bedroom, One Bath1BR,1BA$1.44

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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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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Pet Friendly Lifestyle
Lakemont, Augusta, GA

Ranked #13

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Lakemont

What type of rentals are currently available in Lakemont?

There are currently 77 Apartments for Rent in Lakemont, GA with pricing that ranges from $805 to $2,760. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakemont ranging from $750 to $7,000.

What is the current price range for Rental Homes in Lakemont?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakemont ranges from $750 to $7,000 with an average monthly rent of $2,088.

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

decorative image for Sweet Tea and Low Rent: Exploring Augustas Budget-Friendly Neighborhoods for Renting article

Sweet Tea and Low Rent: Exploring Augustas Budget-Friendly Neighborhoods for Renting

Written by: Brandy V

I’m Brandy, your ApartmentHomeLiving.com Local Expert for Augusta, Georgia.

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.