
Cheap Apartments for Rent in the Lockwood Neighborhood of Fayetteville, NC from $549 (88 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lockwood area of Fayetteville.


202.5 N Virginia Ave

445 Ames St, Unit A

717 Bullock St

700 Pershing St

1811 Powatan St

1704 Newark Ave

Branson Creek Commons

2123 Elvira St

Vue Apartment Homes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3209 Tallywood Dr

3214 Tallywood Dr

3212 Tallywood Dr

3210 Tallywood Dr

Highland at Haymount

Residences at Haymount

Cottages on Elm

Tallywood Arms Apartments

Total Monthly Price
907 W Rowan St, Unit C

445 Ames St, Unit A
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.

818 Ethelored St

Whitfield

Carolina Pines

1934 Harris St

Total Monthly Price
Windtree Apartment Homes

Village Gate Apartments

Lake Clair Apartments

Furnished Studio-Fayetteville

Morganton Arms Apartments

Amora East Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

917 Odom Dr

3323 Scotty Hill Rd

Total Monthly Price
2136 Rock Ave, Unit 2136 Rock Ave

3375 Galleria Dr, Unit 7

Furnished Studio-Fayetteville - West

Pilot Avenue

Woodlea Apartments

The Residences at Tallywood

2600-2625 Berma Ct

118 N Virginia Ave
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.

Barrington Circle

Miller Avenue Apartments

W. Rowan Street 1021

2112 Elvira St

507 Martine Rd

1932 King George Dr

Oakridge at Haymount

202-B N Virginia Ave

King George Townhomes

1947 King George Dr
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.
Lockwood, Fayetteville, NC Local Guide

How much does it cost to rent an apartment in Lockwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockwood Studio Apartments | $1,559 | $1,079 | $2,369 |
| Lockwood 1 Bedroom Apartments | $1,022 | $700 | $1,467 |
| Lockwood 2 Bedroom Apartments | $1,168 | $850 | $1,963 |
| Lockwood 3 Bedroom Apartments | $2,033 | $1,425 | $4,059 |
| Lockwood 4 Bedroom Apartments | $4,603 | $4,097 | $5,110 |
Browse Apartments in this Neighborhood
There are currently 88 rentals with your search options within a 2 mile radius of the Lockwood Neighborhood of Fayetteville, NC.
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Lockwood, Fayetteville, NC Local Guide
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Cheapest Available Lockwood Apartments for Rent
 The cheapest available apartment rental in the Lockwood area of Fayetteville, NC is a 2 Beds unit found at W. Rowan Street 1021 priced from $825. Oakridge at Haymount has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lockwood apartments for rent in Fayetteville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| W. Rowan Street 1021 | 2BR/1.5BA | 2BR,1BA | $825 |
| Oakridge at Haymount | 1BR/1.0BA | 1BR,1BA | $850 |
| Branson Creek Commons | 1 Bed 1Bath | 1BR,1BA | $855 |
| Vue Apartment Homes | 1x1 Classic-Call for Availability | 1BR,1BA | $900 |
| Highland at Haymount | 2BR/1.0BA | 2BR,1BA | $925 |
| Residences at Haymount | 1BR/1.0BA | 1BR,1BA | $925 |
| Tallywood Arms Apartments | 2X2.5 | 2BR,2BA | $945 |
| Carolina Pines | Red Pine 2 Bedroom 1 Bath | 2BR,1BA | $998 |
| Windtree Apartment Homes | 1 Bed / 1 Bath - Classic | 1BR,1BA | $1,005 |
| Buckhead Apartments | The Willow | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Lockwood, NC
As of August 26, 2026 the best value apartment in the Lockwood area is the $1.01 price per square foot Two Bedroom Model at Hunter's Ridge in the in the Lockwood neighborhood starting from $1,207. The second greatest value Lockwood apartment is the 2 Bedroom Classic, screened porch Model at Morganton Arms Apartments starting at $1,095 with a $0.96 price per square foot in the Lockwood neighborhood. Here is today’s list of the best values for Lockwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hunter's Ridge | Two Bedroom | 2BR,2BA | $1.01 |
| Morganton Arms Apartments | 2 Bedroom Classic, screened porch | 2BR,2BA | $0.96 |
| The Villagio | The Napoli | 2BR,2BA | $1.29 |
| Amora East Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.07 |
| Tallywood Arms Apartments | 2X2A | 2BR,2BA | $1.00 |
| W. Rowan Street 1021 | 2BR/1.5BA | 2BR,1.5BA | $0.89 |
| Carolina Pines | Red Pine 2 Bedroom 1 Bath | 2BR,1BA | $1.16 |
| Residences at Haymount | 1BR/1.0BA | 1BR,1BA | $1.13 |
| Highland at Haymount | 2BR/1.0BA | 2BR,1BA | $1.16 |
| Branson Creek Commons | 1 Bed 1Bath | 1BR,1BA | $1.34 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Lockwood, Fayetteville, NC
Vanstory Hills Elementary
School data provided by Great Schools
Frequently Asked Questions about Cheap Lockwood Apartments
What is the price of a cheap apartment in Lockwood?
The cheapest apartment in Lockwood is Oakridge at Haymount which is listed at $850, while the average apartment in Lockwood costs $1,103.
What types of apartments are the cheapest in Lockwood?
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 8 regular apartments in Lockwood 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 Lockwood?
Cheap apartments in Lockwood have an average cost of $614 which is $489 cheaper than the average rent for all rentals in Lockwood.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.