
Cheap Apartments for Rent in Lake City, FL from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake City.


The Grove

Amberwood Hills

118 SE Mink Gln

988 SW Arlington Blvd

201 Beech Street

1308 E Duval St
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.

800-816 SE Church Ave

165 NW Franklin St

Palma Vista Apartments

Hillcrest

SE Andrew Park Dr

297 NW Lake City Ave

340 SW St. Johns St
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.

5729 S US 441 Hwy

473-475 NW Early St

Palm Villa

Laguna Vista

Windsong II

232 SE Lomond Ave

Windsong Apartments
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.

Eagle Properties

3722 S US Hwy 441

Triangle

Hillside Apartments

PLEASANT POINTE APARTMENTS

Aspen Townhomes

Cedar Park
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Lake City, FL Local Guide

How much does it cost to rent an apartment in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake City Studio Apartments | $875 | $790 | $900 |
| Cheap Lake City 1 Bedroom Apartments | $1,049 | $895 | $1,250 |
| Cheap Lake City 2 Bedroom Apartments | $1,185 | $975 | $1,290 |
| Cheap Lake City 3 Bedroom Apartments | $1,675 | $1,350 | $2,000 |
Browse Top Apartments in Lake City
See all Apartments in Lake CityExplore Lake City
Lake City, FL Local Guide
- Lake City Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lake City, FL
Pricing Updated: 04/20/2026Current apartment rentals in the Lake City, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake City Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Watertown | $1,282 | $790 | 6 |
Cheapest Available Lake City Apartments for Rent
 The cheapest available apartment rental in Lake City, FL is a 1 Bed unit found at Windsong Apartments priced from $777. 201 Beech Street in the Watertown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsong Apartments | One Bed - One Bath Phase II | 1BR,1BA | $777 |
| 201 Beech Street | 103 | 2BR,1BA | $950 |
| Cedar Park | Palms | 3BR,1BA | $1,181 |
Best Value Apartments for Rent in Lake City, FL
As of April 20, 2026 the best value apartment in the Lake City area is the $1.43 price per square foot Palms Model at Cedar Park in the in the Watertown neighborhood starting from $1,181. The second greatest value Lake City apartment is the 371 NW Lake City Ave Model at 371 NW Lake City Ave starting at $975 with a $1.30 price per square foot . Here is today’s list of the best values for Lake City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Park | Palms | 3BR,1BA | $1.43 |
| 371 NW Lake City Ave | 371 NW Lake City Ave | 2BR,1BA | $1.30 |
| 201 Beech Street | 103 | 2BR,1BA | $1.33 |
| Windsong Apartments | One Bed - One Bath Phase II | 1BR,1BA | $1.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Lake City, FL
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake City, FL Rentals by Map
See the most popular apartments and homes in Lake City, FL
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.