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

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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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

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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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

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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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

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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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: 07/21/2026

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$1,795$8504

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. Sundial Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. 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
Sundial ApartmentsA1 - Studio1BR,1BA$835
Amberwood Hills1.11BR,1BA$1,050
Cedar ParkPalms3BR,1BA$1,181
The GroveOak2BR,2BA$1,190

Best Value Apartments for Rent in Lake City, FL

As of July 21, 2026 the best value apartment in the Lake City area is the $0.91 price per square foot 123 SE Bracken Way Model at 123 SE Bracken Way, Unit Apt 102 in the starting from $900. The second greatest value Lake City apartment is the 3757 NW Huntsboro St Model at 3757 NW Huntsboro St, Unit 103 starting at $1,200 with a $1.33 price per square foot . 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.
123 SE Bracken Way, Unit Apt 102123 SE Bracken Way2BR,1BA$0.91
3757 NW Huntsboro St, Unit 1033757 NW Huntsboro St2BR,1BA$1.33
Cedar ParkPalms3BR,1BA$1.43
The GroveOak2BR,2BA$1.59
Amberwood Hills1.11BR,1BA$1.46
Windsong ApartmentsOne Bed - One Bath Phase I1BR,1BA$1.23
Sundial ApartmentsA1 - Studio1BR,1BA$2.09

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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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 $975 at Windsong Apartments.

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 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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.