Cheap Apartments for Rent in the Watertown Neighborhood of Lake City, FL from $700 (20 Rentals)

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

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201 Beech Street
2 Bedroom Apartments

201 Beech Street

201 SE Beech StLake City, FL 32025
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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

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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SE Andrew Park Dr
2 Bedroom Apartments

SE Andrew Park Dr

SE Andrew Park DrLake City, FL 32025
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Hillcrest
Studio Apartments

Hillcrest

176 SE Higgs CtLake 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
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Laguna Vista
Studio to 3 Bedroom Apartments

Laguna Vista

323 E Duval StLake City, FL 32055

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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278 NE Trinity Plz
1 to 3 Bedroom Apartments

278 NE Trinity Plz

278 NE Trinity PlzLake City, FL 32055
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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

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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Cedar Park
2 to 3 Bedroom Apartments

Cedar Park

377 NW Bascom Norris DrLake City, FL 32055

Watertown, Lake City, FL Local Guide

Cheapest Available Watertown Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
201 Beech Street1032BR,1BA$895
Cedar ParkPalms3BR,1BA$1,181

Best Value Apartments for Rent in Watertown, FL

As of June 06, 2026 the best value apartment in the Watertown area is the $1.43 price per square foot Palms Model at Cedar Park in the in the Watertown neighborhood starting from $1,181. The second greatest value Watertown apartment is the 103 Model at 201 Beech Street starting at $895 with a $1.25 price per square foot in the Watertown neighborhood. Here is today’s list of the best values for Watertown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar ParkPalms3BR,1BA$1.43
201 Beech Street1032BR,1BA$1.25

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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Quick 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.

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Pet Friendly Lifestyle
Watertown, Lake City, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.