Cheap Apartments for Rent in the Lakewood Neighborhood of Charlotte, NC from $500 (50 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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Stewart Stream
2 to 3 Bedroom Apartments

Stewart Stream

3425 Kentucky AveCharlotte, NC 28216
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Nia Point
2 Bedroom Apartments

Nia Point

1120 Mayfield Terrace DrCharlotte, NC 28216
  • Utilities Included
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Queen's Gate
2 Bedroom Apartments

Queen's Gate

2432 Pruitt StCharlotte, NC 28208
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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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201 S Hoskins Rd
1 to 3 Bedroom Apartments

201 S Hoskins Rd

201 S Hoskins RdCharlotte, NC 28208
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Cedar Oaks
2 to 3 Bedroom Apartments

Cedar Oaks

801 Cates StCharlotte, NC 28202
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Nu Wesley East
2 Bedroom Apartments

Nu Wesley East

3001-3119 Parkway AveCharlotte, NC 28208
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708 Summit
1 Bedroom Apartments

708 Summit

708 S Summit AveCharlotte, NC 28208
  • Utilities Included

Charlotte's Best Affordable Neighborhoods

Learn about Charlotte and the best places to live with original content written by our Charlotte, NC Local Expert Carrie Catalano!

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Nu Wesley
1 to 2 Bedroom Apartments

Nu Wesley

1052 McQuay StCharlotte, NC 28208
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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 Terrace View priced from $925. Nova Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. Here are the most affordable Lakewood apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Terrace View1BD/1BA White Cabient (Silver Unit)1BR,1BA$925
Nova Ridge ApartmentsA21BR,1BA$1,030
Link Apartments® CYKELS1-AStudio,1BA$1,049
Oaklawn WestGarden2BR,1BA$1,050
Nu Wesley EastTwo Bedroom2BR,1BA$1,095
Evoke Living at Westerly Hills Apartments1 Bedroom1BR,1BA$1,095
MAA GatewayStudio 0x1 516-669 SFStudio,1BA$1,145
Birch Townhomes2x1 Flat Standard-Call for Availability2BR,1BA$1,150
Nu WesleyOne Bedroom1BR,1BA$1,195
West Downs ApartmentsPine2BR,1BA$1,208

Best Value Apartments for Rent in Lakewood, NC

As of June 13, 2025 the best value apartment in the Lakewood area is the $1.34 price per square foot The Glenwood Model at Enderly Towns in the in the Biddleville neighborhood starting from $2,295. The second greatest value Lakewood apartment is the Ashley Model at The Mezzanine at Freedom Apartments starting at $1,658 with a $1.44 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$1.34
The Mezzanine at Freedom ApartmentsAshley2BR,2BA$1.44
Birch Townhomes3x2 Flat B--Call for Availability3BR,2BA$1.45
Thompson Place Apartments2BR/1.5BA2BR,1.5BA$1.31
West Downs ApartmentsPine2BR,1.5BA$1.23
Nova Ridge ApartmentsB12BR,1BA$1.62
Nu Wesley EastTwo Bedroom2BR,1BA$1.37
Oaklawn WestGarden2BR,1BA$1.40
Evoke Living at Westerly Hills Apartments1 Bedroom1BR,1BA$1.47
Terrace View1BD/1BA White Cabient (Silver Unit)1BR,1BA$1.61

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lakewood, Charlotte, NC

Ranked #79

Among neighborhoods in Charlotte, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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!

Getting Around the Lakewood Neighborhood in Charlotte, NC

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakewood Apartments

What is the Cheapest Studio apartment in Lakewood?

Currently the most affordable Cheap Studio Apartment in Lakewood is at Link Apartments® CYKEL listed at $1,049.

How much is rent for a Cheap One Bedroom Lakewood Apartment?

The lowest price for a Cheap One Bedroom Lakewood Apartment is $925 at Terrace View.

What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,050 at Oaklawn West.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Birch Townhomes and starts from $1,275.

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.

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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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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.

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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.

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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.