
Cheap Homes for Rent in Lake City, FL from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.


121 NW Deer Run Gln

183 SE Camelot Loop, Unit 109

1380 E Duval St, Unit 8

1380 E Duval St, Unit 7

1600 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.

1380 E Duval St, Unit 9

355 NE Rebecca Terrace

572 NE Congress Ave

1949 E Duval St

219 NW Hilton Ave

202 Irvin Ave NW
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.

452 SE Nassau St

124 Laurence

580 SE Nassau St

413 NW Madison St, Unit 104

1580 E Duval St, Unit 1

7791 Co Rd 252
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.
Lake City, FL Local Guide

How much does it cost to rent a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $1,285 | $895 | $1,800 |
| Lake City 3 Bedroom Homes for Rent | $2,008 | $1,195 | $2,650 |
| Lake City 4 Bedroom Homes for Rent | $2,686 | $2,000 | $3,400 |
| Lake City 5 Bedroom Homes for Rent | $2,797 | $2,750 | $2,845 |
| Lake City 6 Bedroom Homes for Rent | $2,616 | $2,250 | $2,800 |
Browse Top Homes for Rent in Lake City
Explore Lake City
Lake City, FL Local Guide
- Lake City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Lake City, FL
Pricing Updated: 04/27/2026Current 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 | 12 |
Cheapest Available Lake City Apartments for Rent
 The cheapest available apartment rental in Lake City, FL is a 2 Beds unit found at 201 Beech Street in the Watertown neighborhood priced from $895. Windsong Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $943. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 201 Beech Street | 103 | 2BR,1BA | $895 |
| Windsong Apartments | Two Bed - Two Bath Phase I | 2BR,2BA | $943 |
| Amberwood Hills | 1.1 | 1BR,1BA | $1,050 |
| Cedar Park | Palms | 3BR,1BA | $1,181 |
Best Value Apartments for Rent in Lake City, FL
As of April 27, 2026 the best value apartment in the Lake City area is the $1.02 price per square foot Two Bed - Two Bath Phase I Model at Windsong Apartments in the starting from $943. 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. |
|---|---|---|---|
| Windsong Apartments | Two Bed - Two Bath Phase I | 2BR,2BA | $1.02 |
| Cedar Park | Palms | 3BR,1BA | $1.43 |
| 371 NW Lake City Ave | 371 NW Lake City Ave | 2BR,1BA | $1.30 |
| Amberwood Hills | 1.1 | 1BR,1BA | $1.46 |
| 201 Beech Street | 103 | 2BR,1BA | $1.25 |
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
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 Lake City
What type of rentals are currently available in Lake City?
There are currently 67 Apartments for Rent in Lake City, FL with pricing that ranges from $895 to $2,000. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $795 to $3,400.
What is the current price range for Rental Homes in Lake City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $795 to $3,400 with an average monthly rent of $2,051.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.