Cheap Apartments for Rent in Lake City, FL from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake City.

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118 SE Mink Gln
2 Bedroom Apartments

118 SE Mink Gln

118 SE Mink GlnLake City, FL 32025
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201 Beech Street
2 Bedroom Apartments

201 Beech Street

201 SE Beech StLake City, FL 32025

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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1308 E Duval St
1 Bedroom Apartments

1308 E Duval St

1308 E Duval StLake City, FL 32055
Senior Living
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165 NW Franklin St
Studio to 2 Bedroom Apartments

165 NW Franklin St

165 NW Franklin StLake City, FL 32055
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Hillcrest
Studio Apartments

Hillcrest

176 SE Higgs CtLake City, FL 32025
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SE Andrew Park Dr
2 Bedroom Apartments

SE Andrew Park Dr

SE Andrew Park DrLake City, FL 32025

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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5729 S US 441 Hwy
2 to 4 Bedroom Apartments

5729 S US 441 Hwy

5729 S US 441 HwyLake City, FL 32025
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Palm Villa
Studio Apartments

Palm Villa

4826 S Us Highway 441Lake City, FL 32025
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Laguna Vista
Studio to 3 Bedroom Apartments

Laguna Vista

323 E Duval StLake City, FL 32055
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Windsong II
Studio Apartments

Windsong II

2265 SW Windchime PlLake City, FL 32025
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232 SE Lomond Ave
2 Bedroom Apartments

232 SE Lomond Ave

232 SE Lomond AveLake City, FL 32025

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.

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Windsong Apartments
1 to 3 Bedroom Apartments

Windsong Apartments

2580 SW Windsong CirLake City, FL 32025
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Eagle Properties
1 to 3 Bedroom Apartments

Eagle Properties

184 SW Dominos WayLake City, FL 32025
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3722 S US Hwy 441
Studio to 1 Bedroom Apartments

3722 S US Hwy 441

3722 S US HWY 441Lake City, FL 32025
  • Utilities Included
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Triangle
1 Bedroom Apartments

Triangle

2238 E Duval StLake City, FL 32055
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Hillside Apartments
1 to 2 Bedroom Apartments

Hillside Apartments

781 SE Church StLake City, FL 32025
  • Utilities Included
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Aspen Townhomes
2 Bedroom Apartments

Aspen Townhomes

1459 NW Wayne PlLake City, FL 32055
  • 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.

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Cedar Park
2 to 3 Bedroom Apartments

Cedar Park

377 NW Bascom Norris DrLake City, FL 32055

Lake City, FL Local Guide

Cheapest Neighborhoods for Apartments in Lake City, FL

Pricing Updated: 06/06/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Watertown$1,282$8954

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 $803. 201 Beech Street in the Watertown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windsong ApartmentsOne Bed - One Bath Phase I1BR,1BA$803
201 Beech Street1032BR,1BA$895
Sundial ApartmentsA1 - Studio1BR,1BA$955
Cedar ParkPalms3BR,1BA$1,181
The GroveMaple2BR,1BA$1,190

Best Value Apartments for Rent in Lake City, FL

As of June 06, 2026 the best value apartment in the Lake City area is the $1.29 price per square foot 3759 NW Huntsboro St Model at 3759 NW Huntsboro St, Unit 101 in the starting from $1,100. The second greatest value Lake City apartment is the Palms Model at Cedar Park starting at $1,181 with a $1.43 price per square foot in the Watertown neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3759 NW Huntsboro St, Unit 1013759 NW Huntsboro St2BR,1BA$1.29
Cedar ParkPalms3BR,1BA$1.43
The GroveCypress2BR,1.5BA$1.59
201 Beech Street1032BR,1BA$1.25
Windsong ApartmentsOne Bed - One Bath Phase I1BR,1BA$1.23
Sundial ApartmentsA1 - Studio1BR,1BA$2.39

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Lake City Apartments

How much is rent for a Cheap One Bedroom Lake City Apartment?

The lowest price for a Cheap One Bedroom Lake City Apartment is $803 at Windsong Apartments.

What is the lowest price for a Cheap Two Bedroom Lake City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $895 at 201 Beech Street.

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

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.