Cheap Apartments for Rent in the Lakewood Neighborhood of Charlotte, NC from $500 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood area of Charlotte.

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.

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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.

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property at 903 Lynn St

$1,195 - $1,295

2 To 3 Bedroom Rentals

Available Now

903 Lynn St

CharlotteNC28208
property at 901 Lynn St

$1,195 - $1,295

2 To 3 Bedroom Rentals

Available Now

901 Lynn St

CharlotteNC28208
property at 805 Lynn St

$1,195 - $1,295

2 To 3 Bedroom Rentals

Available Now

805 Lynn St

CharlotteNC28208
property at 803 Lynn St

$1,195 - $1,295

2 To 3 Bedroom Rentals

Available Now

803 Lynn St

CharlotteNC28208

The Art of the Rental Viewing: What to look for during a property tour

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 902 W 4th St

$1,135 - $1,797

1 To 2 Bedroom Rentals

Available Now

902 W 4th St

CharlotteNC28202
property at 801 Lynn St

$1,295

3 Bedroom Rentals

Available Now

801 Lynn St

CharlotteNC28208

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-50, Page 1 of 2

Lakewood, Charlotte, NC Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Charlotte, NC is a 1 Bed unit found at The Mezzanine at Freedom Apartments priced from $771. Coronet Way Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Lakewood apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$771
Coronet Way LoftsS1 Studio / One BathStudio,1BA$899
Link Apartments® CYKELS1Studio,1BA$999
Nova Ridge ApartmentsA21BR,1BA$1,009
MAA UptownStudio 0x1 509-566 SFStudio,1BA$1,050
Birch Townhomes2x1 Flat Standard-Call for Availability2BR,1BA$1,075
Evoke Living at Westerly Hills Apartments1 Bedroom1BR,1BA$1,095
Thompson Place Apartments2BR/1.5BA2BR,1BA$1,095
Nu WesleyTHE MAGNOLIA - One Bedroom, One Bath1BR,1BA$1,095
West Downs ApartmentsOak1BR,1BA$1,096

Best Value Apartments for Rent in Lakewood, NC

As of January 09, 2026 the best value apartment in the Lakewood area is the $1.28 price per square foot The Glenwood Model at Enderly Towns in the in the Biddleville neighborhood starting from $2,195. The second greatest value Lakewood apartment is the Phoenix Model at Townes at Five Points starting at $2,250 with a $1.42 price per square foot in the Biddleville neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Enderly TownsThe Glenwood2BR,3.5BA$1.28
Townes at Five PointsPhoenix3BR,3.5BA$1.42
Thompson Place Apartments4BR/2.0BA4BR,2BA$1.24
Birch Townhomes3x2 Flat B--Call for Availability3BR,2BA$1.42
Oaklawn West2BR/1.0BA2BR,1BA$1.27
Evoke Living at Morris FieldOne Bedroom1BR,1BA$1.28
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$0.93
The Flats at 2109 (Ashley Flats)A1-ALT3 60%1BR,1BA$1.47
Evoke Living at Westerly Hills Apartments1 Bedroom1BR,1BA$1.47
Nova Ridge ApartmentsA21BR,1BA$1.57

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Top Neighborhoods Near Charlotte Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Charlotte, NC | Find Charlotte Off-Campus Student Housing at ApartmentHomeLiving.com

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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
Lakewood, Charlotte, NC

Ranked #81

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Charlotte. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, places to raise kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lakewood Apartments

What is a cheap apartment in Lakewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,096.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is The Mezzanine at Freedom Apartments which is listed at $771, while the average apartment in Lakewood costs $9,853.

What types of apartments are the cheapest in Lakewood?

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 11 regular apartments in Lakewood 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?

Cheap apartments in Lakewood have an average cost of $200 which is $9,653 cheaper than the average rent for all rentals in Lakewood.

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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The 10 Best Affordable Neighborhoods in Charlotte, NC

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. I moved to the Triangle area of North Carolina in the summer of 2024 and have been exploring the state since.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.