Cheap Apartments for Rent in Lake City, PA from $500 (49 Rentals)

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

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Country Gables
Studio to 1 Bedroom Apartments

Country Gables

9860 W Lake RdLake City, PA 16423
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10118 Hall St
1 to 2 Bedroom Apartments

10118 Hall St

10118 Hall StLake City, PA 16423
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Lake City Apartments
2 Bedroom Apartments

Lake City Apartments

1055 Cherry StLake City, PA 16423
  • 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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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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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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Plymouth Apartments
1 to 3 Bedroom Apartments

Plymouth Apartments

604-608 Chestnut StErie, PA 16502
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Lighthouse Apartments
1 to 2 Bedroom Apartments

Lighthouse Apartments

1206 E Lake RdErie, PA 16507
  • Utilities Included

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.

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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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Lake City, PA Local Guide

Cheapest Available Lake City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake City, PA is a 1 Bed unit found at Country Place Apartments priced from $700. Park Row Apartments in the Frontier neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Place Apartments23484 Creek Rd1BR,1BA$700
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
The Bowie Apartments0BR/1.0BAStudio,1BA$800
Presque Isle Condominiums1 Bedroom1BR,1BA$850
Westgate Apartments2 Bed2BR,1BA$875
716 Sassafras Apartments1 Bed, 1 bath1BR,1BA$890
Shoreline Apartments1 Bed, 1 bath1BR,1BA$895
Bayit Edinboro2 Bedroom 1 Bathroom2BR,1BA$900
The Reserve at MillcreekOne Bedroom A1BR,1BA$940
Cider Mill ApartmentsRenovated 1 BD 1 BA 091BR,1BA$1,080

Best Value Apartments for Rent in Lake City, PA and Nearby

As of June 24, 2026 the best value apartment in the Lake City area is the $1.11 price per square foot Brand New Townhouse Model at Lena Court in the in the West Suburban Erie neighborhood starting from $1,400. The second greatest value Lake City apartment is the 2B1B Model at Lovell Place starting at $1,145 with a $1.06 price per square foot in the Downtown Erie neighborhood. 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.
Lena CourtBrand New Townhouse2BR,1.5BA$1.11
Lovell Place2B1B2BR,1BA$1.06
Vineyard Village Townhome Style Apartments2 Story Townhouse2BR,1.5BA$1.43
Westgate Apartments2 Bed2BR,1.5BA$0.97
Modern Tool Square2BR/1.0BA2BR,1BA$1.71
Shoreline Apartments1 Bed, 1 bath1BR,1BA$1.28
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.15
Presque Isle Condominiums1 Bedroom1BR,1BA$1.31
Country Place Apartments23484 Creek Rd1BR,1BA$1.17
The Reserve at MillcreekOne Bedroom A1BR,1BA$1.63

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake City, PA Rentals by Map

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Frequently Asked Questions about Cheap Lake City Apartments

What is the Cheapest Studio apartment in Lake City?

Currently the most affordable Cheap Studio Apartment in Lake City is at The Bowie Apartments listed at $800.

How much is rent for a Cheap One Bedroom Lake City Apartment?

The lowest price for a Cheap One Bedroom Lake City Apartment is $700 at Country Place 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 $875 at Westgate Apartments.

What is the most affordable Lake City Three Bedroom Apartment?

The best deal on a cheap Lake City Three Bedroom Apartment rental is at Bayit Edinboro and starts from $1,290.

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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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.

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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.