131 Pear St
LakelandFL33815
Cheap Homes for Rent in Downtown Lakeland Neighborhood of Lakeland, FL from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lakeland area of Lakeland.
711 Virginia Ave
LakelandFL33815
808 S Central Ave
LakelandFL33815
940 E Palmetto St
LakelandFL33801
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$1,1492 Bedroom Apartments Available Now
512 Dade Ave
512 Dade AveLakeland, FL 33815
515 McRorie St
LakelandFL33803
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.
1125 Olive St
LakelandFL33815
1314 W Walnut St
LakelandFL33815
518 Pinewood Ave
LakelandFL33815
310 Plum St
LakelandFL33801
732 Angelina Ln
LakelandFL33801
1238 Herschell St
LakelandFL33815
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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Downtown Lakeland, Lakeland, FL Local Guide
How much does it cost to rent a home in Downtown Lakeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lakeland 2 Bedroom Homes for Rent | $1,247 | $950 | $1,800 |
| Downtown Lakeland 3 Bedroom Homes for Rent | $1,966 | $1,495 | $2,250 |
| Downtown Lakeland 4 Bedroom Homes for Rent | $2,160 | $2,160 | $2,160 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Downtown Lakeland Neighborhood of Lakeland, FL.
Explore Lakeland
Downtown Lakeland, Lakeland, FL Local Guide
- Nearby Lakeland neighborhoods
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Cheapest Available Downtown Lakeland Apartments for Rent
The cheapest available apartment rental in the Downtown Lakeland area of Lakeland, FL is a 1 Bed 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 $1,195. Here are the most affordable Downtown Lakeland apartments for rent in Lakeland, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeland Manor Apartment Homes | 1 Bedroom 1 Bath - A1 | 1BR,1BA | $999 |
| The Gardens Apartments | Floor Plan H | 1BR,1BA | $1,195 |
| NOBAY Apartments | End Studio | Studio,1BA | $1,297 |
| Lake Mirror Tower Apartments | Floorplan M | 1BR,1BA | $1,299 |
| Mirrorton Apartments | 0A | Studio,1BA | $1,549 |
Best Value Apartments for Rent in Downtown Lakeland, FL
As of May 23, 2026 the best value apartment in the Downtown Lakeland area is the $1.75 price per square foot 1149 Sycamore St Model at 1149 Sycamore St, Unit 1149 in the in the Washington neighborhood starting from $1,700. The second greatest value Downtown Lakeland apartment is the A4 Model at Prospect Lake Wire Apartments starting at $1,939 with a $2.27 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1149 Sycamore St, Unit 1149 | 1149 Sycamore St | 2BR,2BA | $1.75 |
| Prospect Lake Wire Apartments | A4 | 1BR,1BA | $2.27 |
| Lakeland Manor Apartment Homes | 2 Bedroom 1 Bath - B15R | 2BR,1.5BA | $1.62 |
| NOBAY Apartments | End Studio | Studio ,1BA | $2.30 |
| Lake Mirror Tower Apartments | Floorplan L | 1BR,1BA | $2.55 |
| Mirrorton Apartments | 0A | Studio ,1BA | $2.89 |
| The Gardens Apartments | Floor Plan H | 1BR,1BA | $2.44 |
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.
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.
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Pet Friendly LifestyleDowntown Lakeland, Lakeland, FL
Ranked #34
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Lakeland
What type of rentals are currently available in Downtown Lakeland?
There are currently 88 Apartments for Rent in Downtown Lakeland, FL with pricing that ranges from $899 to $2,894. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lakeland ranging from $950 to $3,550.
What is the current price range for Rental Homes in Downtown Lakeland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lakeland ranges from $950 to $3,550 with an average monthly rent of $1,822.
How much are larger Three and Four Bedroom Rentals in Downtown Lakeland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lakeland range from $1,345 to $2,429, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,160 and Four Bedroom Apartments start at $1,430.
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
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.
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.