
Cheap Apartments for Rent in the Chestnut Hills Neighborhood of Lakeland, FL from $300 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chestnut Hills area of Lakeland.


Welcome Canary

Total Monthly Price
Caroline

Sutton Place

1125 Olive St

1211-1219 W Highland 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.

Building 1

1335 Bell Ave

Holiday MHC

St. Luke's Life Center Apartments

Providence Reserve

Cambridge Cove
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.

Griffin Park Apartments

Kings Manor

Lakewood Terrace

Colton Meadow Apartments

Banyan Reserve Senior Apartments

Villas at Lake Bonnett
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.

Carrington Place Apartments
Chestnut Hills, Lakeland, FL Local Guide

How much does it cost to rent an apartment in Chestnut Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chestnut Hills 1 Bedroom Apartments | $1,425 | $1,000 | $1,999 |
| Chestnut Hills 2 Bedroom Apartments | $1,712 | $1,199 | $2,139 |
| Chestnut Hills 3 Bedroom Apartments | $2,188 | $1,475 | $2,429 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Chestnut Hills Neighborhood of Lakeland, FL.
See all Apartments in LakelandExplore Lakeland
Chestnut Hills, Lakeland, FL Local Guide
- Nearby Lakeland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Chestnut Hills Apartments for Rent
 The cheapest available apartment rental in the Chestnut Hills area of Lakeland, FL is a 1 Bed unit found at Sutton Place priced from $1,115. Welcome Canary has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,700. Here are the most affordable Chestnut Hills apartments for rent in Lakeland, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sutton Place | One Bed One Bath Standard | 1BR,1BA | $1,115 |
| Welcome Canary | 3 Bedrooms, 2 Bathrooms | 3BR,2BA | $1,700 |
| Caroline | 1A | 1BR,1BA | $1,749 |
| Prospect Lake Wire Apartments | B2A | 2BR,2BA | $2,099 |
| Redding Pointe | Hamden | 3BR,2BA | $2,144 |
Best Value Apartments for Rent in Chestnut Hills, FL
As of April 24, 2026 the best value apartment in the Chestnut Hills area is the $1.18 price per square foot Hamden Model at Redding Pointe in the in the Lakeland Interstate Business Park neighborhood starting from $2,144. The second greatest value Chestnut Hills apartment is the C1 Model at Prospect Lake Wire Apartments starting at $2,399 with a $1.78 price per square foot in the Lakeland Interstate Business Park neighborhood. Here is today’s list of the best values for Chestnut Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redding Pointe | Hamden | 3BR,2.5BA | $1.18 |
| Prospect Lake Wire Apartments | C1 | 3BR,2BA | $1.78 |
| Welcome Canary | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.66 |
| Caroline | 1A | 1BR,1BA | $2.14 |
| Sutton Place | One Bed One Bath Standard | 1BR,1BA | $1.94 |
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.
Pet Friendly LifestyleChestnut Hills, Lakeland, FL
Ranked #44
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Chestnut Hills, Lakeland, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Chestnut Hills Apartments
How much is rent for a Cheap One Bedroom Chestnut Hills Apartment?
The lowest price for a Cheap One Bedroom Chestnut Hills Apartment is $1,115 at Sutton Place.
What is the lowest price for a Cheap Two Bedroom Chestnut Hills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chestnut Hills is starting from $1,700 at Welcome Canary.
What is the most affordable Chestnut Hills Three Bedroom Apartment?
The best deal on a cheap Chestnut Hills Three Bedroom Apartment rental is at Welcome Canary and starts from $1,700.
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.