
Cheap Apartments for Rent in Lake City, FL from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake City.


Amberwood Hills

Total Monthly Price
3759 NW Huntsboro St, Unit 101

988 SW Arlington Blvd

118 SE Mink Gln

201 Beech Street
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.

1308 E Duval St

800-816 SE Church Ave

165 NW Franklin St

Palma Vista Apartments

Hillcrest

SE Andrew Park Dr

297 NW Lake City Ave
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.

340 SW St. Johns St

5729 S US 441 Hwy

473-475 NW Early St

Palm Villa

Laguna Vista

Windsong II

232 SE Lomond Ave
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.

Windsong Apartments

Eagle Properties

3722 S US Hwy 441

Triangle

Hillside Apartments

PLEASANT POINTE APARTMENTS

Aspen Townhomes
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.

Cedar Park
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 | $896 | $895 | $900 |
| Cheap Lake City 1 Bedroom Apartments | $1,036 | $795 | $1,250 |
| Cheap Lake City 2 Bedroom Apartments | $1,226 | $1,100 | $1,350 |
Browse Top Apartments in Lake City
See all Apartments in Lake CityExplore Lake City
Lake City, FL Local Guide
- Lake City Neighborhoods
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Cheapest Neighborhoods for Apartments in Lake City, FL
Pricing Updated: 06/06/2026Current 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 | $895 | 4 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsong Apartments | One Bed - One Bath Phase I | 1BR,1BA | $803 |
| 201 Beech Street | 103 | 2BR,1BA | $895 |
| Sundial Apartments | A1 - Studio | 1BR,1BA | $955 |
| Cedar Park | Palms | 3BR,1BA | $1,181 |
| The Grove | Maple | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3759 NW Huntsboro St, Unit 101 | 3759 NW Huntsboro St | 2BR,1BA | $1.29 |
| Cedar Park | Palms | 3BR,1BA | $1.43 |
| The Grove | Cypress | 2BR,1.5BA | $1.59 |
| 201 Beech Street | 103 | 2BR,1BA | $1.25 |
| Windsong Apartments | One Bed - One Bath Phase I | 1BR,1BA | $1.23 |
| Sundial Apartments | A1 - Studio | 1BR,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.
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.
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
School data provided by Great Schools
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
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

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.

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.

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.

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.
