Cheap Apartments for Rent in Lake Park, NC from $850 (63 Rentals)

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

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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Avana Reserve
Rent Specials
$1,255 - $3,321

Total Monthly Price

Base Rent$1,255 - $3,321
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Avana Reserve

1315 Cameron Matthews DrMatthews, NC 28105
Corporate Housing
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Elwood Apartments
Rent Specials
$1,366 - $4,554

Total Monthly Price

Base Rent$1,366 - $4,554
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Elwood Apartments

336 Chestnut PkyIndian Trail, NC 28079
Family Friendly
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  • Utilities Included

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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Maverick on Monroe
Rent Specials
$1,547 - $2,674

Total Monthly Price

Base Rent$1,547 - $2,674
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Maverick on Monroe

9917 Monroe RdMatthews, NC 28105
Pet Friendly
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Matthews Square
Rent Specials
$1,660 - $2,640

Total Monthly Price

Base Rent$1,660 - $2,640
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Matthews Square

4010 Waiting StMatthews, NC 28105
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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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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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property at 1004 Bikar Ct
$2,035

Total Monthly Price

Base Rent$2,035
Total Monthly Price$2,035
3 Bedroom, 2.5 Bath Rentals
Available Now
Cost Per Sq.Ft.

1004 Bikar Ct

Indian TrailNC28079
property at 2000 Sweet Gum Ct
$2,045

Total Monthly Price

Base Rent$2,045
Total Monthly Price$2,045
4 Bedroom, 2.5 Bath Rentals
Available Now

2000 Sweet Gum Ct

MonroeNC28110
property at 6106 Trevor Simpson Dr
$2,075

Total Monthly Price

Base Rent$2,075
Total Monthly Price$2,075
3 Bedroom, 2.5 Bath Rentals
Available Now

6106 Trevor Simpson Dr

Indian TrailNC28079
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MAA Fifty-One
1 to 3 Bedroom Apartments

MAA Fifty-One

1301 Crescent LnMatthews, NC 28105

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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Lake Park, NC Local Guide

Cheapest Available Lake Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Park, NC is a Studio unit found at Woodbrook Apartment Homes in the Icemorlee neighborhood priced from $945. Avana Matthews in the Idlewild South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,048. Here is today’s list of the most affordable Lake Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodbrook Apartment HomesStudioStudio, 1BA$945
Avana MatthewsA11BR, 1BA$1,048
Nottingham Apartments1 Bedroom 1 Bath1BR, 1BA$1,065
MAA Fifty-One11A1BR, 1BA$1,083
Paces Pointe Apartment HomesA11BR, 1BA$1,102
Rise Matthews PointeA1 Silver1BR, 1BA$1,149
Windsor Landing ApartmentsThe Tristan1BR, 1BA$1,150
Matthews Place11A1BR, 1BA$1,225
Avana ReserveA11BR, 1BA$1,255
Exchange at Indian TrailA-21BR, 1BA$1,262

Best Value Apartments for Rent in Lake Park, NC and Nearby

As of September 20, 2026 the best value apartment in the Lake Park area is the $1.12 price per square foot Kinston Model at Poplin Meadows in the Stoneybrook neighborhood starting from $2,375. The second greatest value Lake Park apartment is the Sweetgrass Model at Marglyn Matthews in the Matthews Grove neighborhood starting at $2,539 with a $1.60 price per square foot. Here is today’s list of the best values for Lake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Poplin MeadowsKinston3BR, 2.5BA$1.12
Marglyn MatthewsSweetgrass3BR, 2.5BA$1.60
Mintworth Commons3BR/2.5BA3BR, 2.5BA$1.46
Founders PointGlen3BR, 2.5BA$1.50
Redwood MonroeBreezewood2BR, 2BA$1.44
Greylyn EstatesB2A2BR, 2BA$1.53
Creekside at Matthews ApartmentsA11BR, 1BA$1.50
Avana MatthewsA11BR, 1BA$1.45
Nottingham Apartments1 Bedroom 1 Bath1BR, 1BA$1.68
MAA Fifty-One11A1BR, 1BA$1.66

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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!

Explore Lake Park, NC Rentals by Map

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See the most popular apartments and homes in Lake Park, NC

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Frequently Asked Questions about Cheap Lake Park Apartments

What is the Cheapest Studio apartment in Lake Park?

Currently the most affordable Cheap Studio Apartment in Lake Park is at Woodbrook Apartment Homes listed at $945.

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

The lowest price for a Cheap One Bedroom Lake Park Apartment is $1,048 at Avana Matthews.

What is the lowest price for a Cheap Two Bedroom Lake Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Park is starting from $1,245 at Windsor Landing Apartments.

What is the most affordable Lake Park Three Bedroom Apartment?

The best deal on a cheap Lake Park Three Bedroom Apartment rental is at Paces Pointe Apartment Homes and starts from $1,555.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.