Cheap Apartments for Rent in the Lakewood Neighborhood of Jacksonville, FL from $700 (36 Rentals)

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

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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Kings Crossing Apartments
Studio to 2 Bedroom Apartments

Kings Crossing Apartments

7241 S Old Kings RdJacksonville, FL 32217
  • Utilities Included

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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zLakewood Oaks
Studio to 4 Bedroom Apartments

zLakewood Oaks

3534 Smithfield RdJacksonville, FL 32217
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Lions Head Apartments
Studio to 2 Bedroom Apartments

Lions Head Apartments

4950 Richard StJacksonville, FL 32207
  • Utilities Included
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San Jose
1 to 3 Bedroom Apartments

San Jose

7008 Ponce De Leon AveJacksonville, FL 32217
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Elevate Southside
Studio to 1 Bedroom Apartments

Elevate Southside

5649 Cagle RdJacksonville, FL 32216
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Lakewood Village
Studio to 2 Bedroom Apartments

Lakewood Village

1542 Arcadia DrJacksonville, FL 32207
Corporate Housing

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.

property at 3604 Morton St

$1,225

2 Bedroom Rentals

Available Now

3604 Morton St

JacksonvilleFL32217
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Jacksonville Townhouse
1 Bedroom Apartments

Jacksonville Townhouse

3465 Phillips HwyJacksonville, FL 32207
Senior Living
  • Utilities Included

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.

Lakewood, Jacksonville, FL Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Jacksonville, FL is a Studio unit found at Prospect Heights priced from $724. Kings Trail Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $877. Here are the most affordable Lakewood apartments for rent in Jacksonville, FL:

Apartment ListingModel NameBed/BathPriced From
Prospect HeightsE1PStudio,1BA$724
Kings Trail Apartment HomesOne Bedroom One Bath1BR,1BA$877
San Jose Towers1 Bed, 1 bath1BR,1BA$900
Pinebrook Apartment Homes1/1 Whispering (SU)1BR,1BA$950
Park @ 7200A11BR,1BA$1,013
Heron WalkThe Mallard1BR,1BA$1,022
Arbor Place ApartmentsOak Renovated1BR,1BA$1,024
Concord CrossingPetunia Renovated1BR,1BA$1,050
The Village at San Jose Apartments1 Bedroom, 1 Bathroom Renovated1BR,1BA$1,099
Lakewood VillageThe ArianaStudio,1BA$1,159

Best Value Apartments for Rent in Lakewood, FL

As of June 18, 2026 the best value apartment in the Lakewood area is the $1.64 price per square foot 3694 Grandy Ave Model at 3694 Grandy Ave, Unit A in the in the San Marco neighborhood starting from $1,999. The second greatest value Lakewood apartment is the Three Bedroom Model at Jackson Palms starting at $1,603 with a $1.37 price per square foot in the Pottsburg Crossing 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.
3694 Grandy Ave, Unit A3694 Grandy Ave3BR,2BA$1.64
Jackson PalmsThree Bedroom3BR,2BA$1.37
Kings Trail Apartment HomesThree Bedroom One Bath3BR,1BA$1.42
3696 Morton St, Unit 3696 Morton Street Apt 23696 Morton St2BR,1BA$1.30
Lakewood VillageThe Cypress1BR,1BA$1.69
San Marco Village Apartments1 Bed 1 Bath Signature1BR,1BA$1.59
Park @ 7200A11BR,1BA$1.47
San Jose Towers1 Bed, 1 bath1BR,1BA$1.43
Concord CrossingPetunia Renovated1BR,1BA$1.75
Prospect HeightsE1PStudio ,1BA$1.49

Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU

From historic Riverside to coastal Jacksonville Beach, find your perfect student apartment. Local expert advice on UNF, JU, and FSCJ neighborhoods and rent costs.

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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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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, Jacksonville, FL

Ranked #110

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Lakewood, Jacksonville, and the greater Jacksonville area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lakewood Apartments

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Kings Trail Apartment Homes which is listed at $877, while the average apartment in Lakewood costs $2,250.

What types of apartments are the cheapest in Lakewood?

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 19 regular apartments in Lakewood 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 Lakewood?

Cheap apartments in Lakewood have an average cost of $1,167 which is $1,083 cheaper than the average rent for all rentals in Lakewood.

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

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in the Jacksonville Area article

A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in the Jacksonville Area

Written by: Chuck Navarra

Hey there! I’m Chuck, your ApartmentHomeLiving.com local Expert! I've joined Jaguars fans many times on Sundays to hear their rallying cry, "Duuuval!", but there's so much more to enjoy here in one of the nation's largest cities.

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Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU

Written by: Allaire Williams

Hello there! I'm Allaire, your ApartmentHomeLiving.

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Looking for the Perfect Place? Top Neighborhoods to Rent Near major Employers in Jacksonville

Written by: Allaire Williams

I’m Allaire, your ApartmentHomeLiving.com Local Expert for Jacksonville, Florida.

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Unlocking Coastal Value: Why Jacksonville is the Best-Kept Secret for Affordable Living in the Sunshine State

Written by: Allaire Williams

I’m Allaire, your ApartmentHomeLiving.com Local Expert for Jacksonville, Florida. I’ve been in and around Jacksonville for many years and want to make sure you’re making informed decisions.

Articles, How-To's, and Tips

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.