
Cheap Apartments for Rent in the Lockwood Neighborhood of Fayetteville, NC from $500 (88 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lockwood area of Fayetteville.


118-B N Virginia Ave

445 Ames St, Unit A

700 Pershing St

445 Ames St, Unit A

705 Pilot Ave

1811 Powatan St

1704 Newark Ave

822 Miller Ave

Branson Creek Commons
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.

2696 Brigadoon Ln

Vue Apartment Homes

3212 Tallywood Dr

910 William Clark Rd

Tallywood Arms Apartments

Highland at Haymount

Whitfield

Cottages on Elm

Residences at Haymount

Total Monthly Price
Windtree Apartment Homes
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.

908 Branson St

Lake Clair Apartments

Village Gate Apartments

Amora East Townhomes

Carolina Pines

917 Odom Dr

Morganton Arms Apartments

1019 W Rowan St, Unit 2 newly renovated

3375 Galleria Dr, Unit 7

1101 Fontana St
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.

Pilot Avenue

Woodlea Apartments

The Residences at Tallywood

217 N Virginia Ave

2600-2625 Berma Ct

1409 Ireland Dr

2472 Bragg Blvd

1437 Ireland Dr

Barrington Circle

118 N Virginia Ave
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.

Miller Avenue Apartments

King George Townhomes

202-B N Virginia Ave

222 Woodrow St

912 Robeson St

Oakridge at Haymount

Tally Villas

2310 Barrington Cir

610 Tally Dr

3210 Tallywood Dr
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.
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 | $1,724 | $1,439 | $2,369 |
| Lockwood 1 Bedroom Apartments | $1,004 | $725 | $1,496 |
| Lockwood 2 Bedroom Apartments | $1,144 | $850 | $1,537 |
| Lockwood 3 Bedroom Apartments | $1,902 | $1,350 | $4,061 |
| Lockwood 4 Bedroom Apartments | $4,918 | $4,311 | $5,526 |
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 1 Bed unit found at Branson Creek Commons priced from $855. Oakridge at Haymount has the second lowest priced unit, which is a 1 Bed apartment currently listed from $878. Here are the most affordable Lockwood apartments for rent in Fayetteville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Branson Creek Commons | 1 Bed 1Bath | 1BR,1BA | $855 |
| Oakridge at Haymount | 1BR/1.0BA | 1BR,1BA | $878 |
| Vue Apartment Homes | 1x1 Classic-Call for Availability | 1BR,1BA | $900 |
| Tallywood Arms Apartments | 2X2.5 | 2BR,2BA | $945 |
| Buckhead Apartments | The Willow | 1BR,1BA | $995 |
| Cottages on Elm | Magnolia | 2BR,1BA | $1,000 |
| Windtree Apartment Homes | 1 Bed / 1 Bath - Classic | 1BR,1BA | $1,005 |
| Whitfield | 2BD/2B | 2BR,2BA | $1,095 |
| Amora East Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1,099 |
| Carolina Pines | Ponderosa Pine 2 Bedroom 2 Bath | 2BR,2BA | $1,107 |
Best Value Apartments for Rent in Lockwood, NC
As of July 12, 2026 the best value apartment in the Lockwood area is the $0.98 price per square foot Two Bedroom Model at Hunter's Ridge in the in the Lockwood neighborhood starting from $1,180. The second greatest value Lockwood apartment is the 2 Bedroom Most Modern, Porch Model at Morganton Arms Apartments starting at $1,349 with a $1.14 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 | $0.98 |
| Morganton Arms Apartments | 2 Bedroom Most Modern, Porch | 2BR,2BA | $1.14 |
| Amora East Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.07 |
| Tallywood Arms Apartments | 2X2A | 2BR,2BA | $1.00 |
| Carolina Pines | Whistling Pine 2 Bedroom 1Bath | 2BR,1BA | $1.24 |
| The Villagio | The Milan | 1BR,1BA | $1.42 |
| Buckhead Apartments | The Willow | 1BR,1BA | $1.31 |
| Windtree Apartment Homes | 1 Bed / 1 Bath - Renovated | 1BR,1BA | $1.51 |
| Branson Creek Commons | 1 Bed 1Bath | 1BR,1BA | $1.34 |
| Oakridge at Haymount | 1BR/1.0BA | 1BR,1BA | $1.43 |
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.
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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 Branson Creek Commons which is listed at $855, while the average apartment in Lockwood costs $4,947.
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 5 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 $397 which is $4,550 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

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.

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.

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.

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.