
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.


Total Monthly Price
Sundial Apartments

The Grove

Total Monthly Price
3759 NW Huntsboro St, Unit 103

988 SW Arlington Blvd

118 SE Mink Gln

201 Beech Street
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.

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
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.

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
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.

Windsong Apartments

Eagle Properties

3722 S US Hwy 441

Triangle

Hillside Apartments

PLEASANT POINTE APARTMENTS

Aspen Townhomes
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.

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 | $901 | $890 | $930 |
| Cheap Lake City 1 Bedroom Apartments | $990 | $835 | $1,075 |
| Cheap Lake City 2 Bedroom Apartments | $1,163 | $900 | $1,275 |
Browse Top Apartments in Lake City
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Lake City, FL Local Guide
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Cheapest Neighborhoods for Apartments in Lake City, FL
Pricing Updated: 07/21/2026Current 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 | $1,795 | $850 | 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsong Apartments | One Bed - One Bath Phase I | 1BR,1BA | $803 |
| Sundial Apartments | A1 - Studio | 1BR,1BA | $835 |
| Amberwood Hills | 1.1 | 1BR,1BA | $1,050 |
| Cedar Park | Palms | 3BR,1BA | $1,181 |
| The Grove | Oak | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 123 SE Bracken Way, Unit Apt 102 | 123 SE Bracken Way | 2BR,1BA | $0.91 |
| 3757 NW Huntsboro St, Unit 103 | 3757 NW Huntsboro St | 2BR,1BA | $1.33 |
| Cedar Park | Palms | 3BR,1BA | $1.43 |
| The Grove | Oak | 2BR,2BA | $1.59 |
| Amberwood Hills | 1.1 | 1BR,1BA | $1.46 |
| Windsong Apartments | One Bed - One Bath Phase I | 1BR,1BA | $1.23 |
| Sundial Apartments | A1 - Studio | 1BR,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.
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 $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

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.

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.

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.

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.