Cheap Homes for Rent in the Lockwood Neighborhood of Fayetteville, NC from $700 (44 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lockwood area of Fayetteville.

property at 2218 Murchison Rd

$850 - $950

1 To 2 Bedroom Rentals

Available Aug 28

2218 Murchison Rd

FayettevilleNC28301

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.

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property at 830 Pilot Ave

$905

2 Bedroom Rentals

Available Now

830 Pilot Ave

FayettevilleNC28303

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.

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property at 214 Woodrow St

$999 - $1,025

2 Bedroom Rentals

Available Now

214 Woodrow St

FayettevilleNC28303

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.

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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.

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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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Lockwood, Fayetteville, NC Local Guide

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 ListingModel NameBed/BathPriced From
W. Rowan Street 10212BR/1.5BA2BR,1BA$825
Oakridge at Haymount1BR/1.0BA1BR,1BA$850
Branson Creek Commons1 Bed 1Bath1BR,1BA$855
Vue Apartment Homes1x1 Classic-Call for Availability1BR,1BA$900
Highland at Haymount2BR/1.0BA2BR,1BA$925
Residences at Haymount1BR/1.0BA1BR,1BA$925
Tallywood Arms Apartments2X2.52BR,2BA$945
Carolina PinesRed Pine 2 Bedroom 1 Bath2BR,1BA$998
Windtree Apartment Homes1 Bed / 1 Bath - Classic1BR,1BA$1,005
Buckhead ApartmentsThe Willow1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hunter's RidgeTwo Bedroom2BR,2BA$1.01
Morganton Arms Apartments2 Bedroom Classic, screened porch2BR,2BA$0.96
The VillagioThe Napoli2BR,2BA$1.29
Amora East Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.07
Tallywood Arms Apartments2X2A2BR,2BA$1.00
W. Rowan Street 10212BR/1.5BA2BR,1.5BA$0.89
Carolina PinesRed Pine 2 Bedroom 1 Bath2BR,1BA$1.16
Residences at Haymount1BR/1.0BA1BR,1BA$1.13
Highland at Haymount2BR/1.0BA2BR,1BA$1.16
Branson Creek Commons1 Bed 1Bath1BR,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.

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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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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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Best Local Schools in
Lockwood, Fayetteville, NC

School data provided by Great Schools

Frequently Asked Questions about Lockwood

What type of rentals are currently available in Lockwood?

There are currently 100 Apartments for Rent in Lockwood, NC with pricing that ranges from $700 to $5,110. There are also 122 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockwood ranging from $700 to $3,300.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lockwood ranges from $700 to $3,300 with an average monthly rent of $1,594.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lockwood range from $1,425 to $4,059, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $4,097.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.