Cheap Homes for Rent in Lakewood Neighborhood of Charlotte, NC from $500 (40 Rentals)

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

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 2660 Roslyn Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

2660 Roslyn Ave

CharlotteNC28208
property at 2203 Highland St

$999

Total Monthly Price

Total Monthly Price

Base Rent
$999

Total Monthly Price
$999

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2203 Highland St

CharlotteNC28208
property at 707 Grandin Rd

$1,095 - $1,175

1 Bedroom Rentals

Available Now

707 Grandin Rd

CharlotteNC28208

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 200 Solomon St

$1,250

2 Bedroom Rentals

Available Jul 13

200 Solomon St

CharlotteNC28216

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 2228 Tate St

$1,470

Total Monthly Price

Total Monthly Price

Base Rent
$1,470

Total Monthly Price
$1,470

2 Bedroom, 1 Bath Home for Rent

Available Now

2228 Tate St

CharlotteNC28216
property at 3108 Rush Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

4 Bedroom, 1 Bath Home for Rent

Available Now

3108 Rush Ave

CharlotteNC28208

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 $801. The Flats at 2109 (Ashley Flats) has the second lowest priced unit, which is a 2 Beds apartment currently listed from $880. Here are the most affordable Lakewood apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$801
The Flats at 2109 (Ashley Flats)B1 60% TU2BR,2BA$880
Terrace View Senior Apartments1 Beds, 1 Baths1BR,1BA$895
Thompson Place TownhomesNCTPL 1x1 580sqft1BR,1BA$1,000
The Villages at EnderlyTHE MAGNOLIA - One Bedroom, One Bath1BR,1BA$1,020
Nova Ridge ApartmentsA41BR,1BA$1,034
Coronet Way LoftsA1 One Bedroom / One Bath w/Balcony1BR,1BA$1,049
Link Apartments® CYKELS1-AStudio,1BA$1,059
Birch Townhomes2x1 Flat Standard-Call for Availability2BR,1BA$1,075
Oaklawn West2BR/1.0BA2BR,1BA$1,095

Best Value Apartments for Rent in Lakewood, NC

As of July 04, 2026 the best value apartment in the Lakewood area is the $1.31 price per square foot The Alexander Model at Enderly Towns - Townhomes for Rent in Charlotte, NC - Enderly Neighborhood in the in the Biddleville neighborhood starting from $2,245. The second greatest value Lakewood apartment is the Phoenix Model at Townes at Five Points starting at $2,195 with a $1.39 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 Towns - Townhomes for Rent in Charlotte, NC - Enderly NeighborhoodThe Alexander3BR,3.5BA$1.31
Townes at Five PointsPhoenix3BR,3.5BA$1.39
Flatiron West TradeCypress2BR,2BA$1.41
Crest Gateway2 Bedroom2BR,2BA$1.29
1501 Catherine Simmons Ave, Unit Number 11501 Catherine Simmons Ave2BR,1BA$1.10
Birch Townhomes3x2 Flat B--Call for Availability3BR,2BA$1.42
Oaklawn West2BR/1.0BA2BR,1BA$1.22
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$0.97
Coronet Way LoftsA1 One Bedroom / One Bath w/Balcony1BR,1BA$1.40
Terrace View Senior Apartments1 Beds, 1 Baths1BR,1BA$1.38

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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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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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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Pet Friendly Lifestyle
Lakewood, Charlotte, NC

Ranked #84

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 151 Apartments for Rent in Lakewood, NC with pricing that ranges from $650 to $7,509. There are also 180 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $549 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $549 to $5,000 with an average monthly rent of $1,841.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $870 to $7,120, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,580.

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

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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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Experts Guide to the Top Neighborhoods in Charlotte, NC for College Renters

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. Charlotte is an exciting place to live for anyone, but particularly for college students.

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Your Local Experts Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers

Written by: Carrie Catalano

I'm Carrie, and I've been calling the Charlotte area home for a few years now.

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Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks

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Hello from Charlotte, North Carolina! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, and I'm thrilled to share the inside scoop on this incredible city that I've called home for over a decade.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.