Cheap Apartments for Rent in the Downtown Lakeland Neighborhood of Lakeland, FL from $300 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Lakeland area of Lakeland.

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.

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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Lakeview Place
Studio to 1 Bedroom Apartments

Lakeview Place

515 E Orange StLakeland, FL 33801
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Twin Lakes Estates I
1 to 2 Bedroom Apartments

Twin Lakes Estates I

501 Hartsell AveLakeland, FL 33815
Senior Living
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916 E Lime St
1 to 2 Bedroom Apartments

916 E Lime St

916 E Lime StLakeland, FL 33801

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Royal Oak Apartments
1 to 2 Bedroom Apartments

Royal Oak Apartments

923 E Lemon StLakeland, FL 33801
  • Utilities Included
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NOBAY Apartments
Studio to 2 Bedroom Apartments

NOBAY Apartments

311 N Kentucky AveLakeland, FL 33801
  • Utilities Included

Downtown Lakeland, Lakeland, FL Local Guide

Cheapest Available Downtown Lakeland Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lakeland area of Lakeland, FL is a 2 Beds unit found at Lakeland Manor Apartment Homes priced from $999. The Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,184. Here are the most affordable Downtown Lakeland apartments for rent in Lakeland, FL:

Apartment ListingModel NameBed/BathPriced From
Lakeland Manor Apartment Homes2 Bedroom 1 Bath - B12BR,1BA$999
The Gardens ApartmentsFloor Plan F1BR,1BA$1,184
NOBAY ApartmentsInterior StudioStudio,1BA$1,411
Lake Mirror Tower ApartmentsFloorplan K1BR,1BA$1,429
Prospect Lake Wire ApartmentsS1Studio,1BA$1,499
Mirrorton Apartments0AStudio,1BA$1,546

Best Value Apartments for Rent in Downtown Lakeland, FL

As of April 08, 2026 the best value apartment in the Downtown Lakeland area is the $1.62 price per square foot 2 Bedroom 1 Bath - B15R Model at Lakeland Manor Apartment Homes in the in the Honeytree neighborhood starting from $1,280. The second greatest value Downtown Lakeland apartment is the A1 Model at Prospect Lake Wire Apartments starting at $1,743 with a $2.65 price per square foot in the Lakeland Interstate Business Park neighborhood. Here is today’s list of the best values for Downtown Lakeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeland Manor Apartment Homes2 Bedroom 1 Bath - B15R2BR,1.5BA$1.62
Prospect Lake Wire ApartmentsA11BR,1BA$2.65
The Gardens ApartmentsFloor Plan B1BR,1BA$2.23
Mirrorton Apartments0AStudio ,1BA$2.89
Lake Mirror Tower ApartmentsFloorplan M1BR,1BA$2.78
NOBAY ApartmentsInterior StudioStudio ,1BA$2.68

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.

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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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The 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.

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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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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
Downtown Lakeland, Lakeland, FL

Ranked #30

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Lakeland Apartments

How much is rent for a Cheap One Bedroom Downtown Lakeland Apartment?

The lowest price for a Cheap One Bedroom Downtown Lakeland Apartment is $999 at Lakeland Manor Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Downtown Lakeland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lakeland is starting from $999 at Lakeland Manor Apartment Homes.

What is the most affordable Downtown Lakeland Three Bedroom Apartment?

The best deal on a cheap Downtown Lakeland Three Bedroom Apartment rental is at Prospect Lake Wire Apartments and starts from $2,556.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.