Cheap Homes for Rent in Lakeland, FL from $500 (77 Rentals)

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Search the lowest-cost Homes available for rent right now in Lakeland.

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 4645 N Socrum Loop Rd

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

1 Bedroom, 1 Bath Condo for Rent

Available Now

4645 N Socrum Loop Rd, Unit 101

4645 N Socrum Loop Rd
LakelandFL33809

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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property at 3230 Decatur Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

3230 Decatur Ave

LakelandFL33805
property at 2302 S Maki Rd

$1,150 - $1,450

Studio To 2 Bedroom Rentals

Available Now

2302 S Maki Rd

Plant CityFL33563

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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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.

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Showing Results 1-50, Page 1 of 2

Lakeland, FL Local Guide

Cheapest Neighborhoods for Apartments in Lakeland, FL

Pricing Updated: 06/09/2026

Current apartment rentals in the Lakeland, FL area range in price from $700 to $6,793 with an overall median price of $2,240. The three Lakeland neighborhoods with the lowest median rent pricing are Park Lane at $975, Kew Gardens at $1,125, and Belmont Woods at $1,275. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lakeland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Park Lane$1,144$9753
Kew Gardens$1,150$1,1255
Belmont Woods$1,275$1,2751
Spring Pines$1,300$70035
Sequoyah Ridge$1,300$70035
Lakeside Hills$1,319$9754
Chadam$1,440$1,1906
Orange Acres$1,440$1,1907
Miralago$1,495$1,0004
Peace River Estates$1,500$1,5001

Cheapest Available Lakeland Apartments for Rent

 

The cheapest available apartment rental in Lakeland, FL is a Studio unit found at Crystal Court Apartments in the Honeytree neighborhood priced from $984. LeMans Apartments of Lakeland in the Mulberry Gardens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Lakeland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crystal Court ApartmentsStudioStudio,1BA$984
LeMans Apartments of Lakeland1 Bedroom 1 Bath1BR,1BA$985
Lakeland Manor Apartment Homes1 Bedroom 1 Bath - A11BR,1BA$999
Peppertree Village ApartmentsEfficiencyStudio,1BA$1,010
Bonny ApartmentsThe Bonny1BR,1BA$1,090
132-988 E Palmetto St1 Beds, 1 Baths1BR,1BA$1,100
The Park at Verona NewCapriStudio,1BA$1,100
1005 S New York Ave1 Beds, 1 Baths1BR,1BA$1,150
620 N Lake Ave2 Beds, 1 Baths2BR,1BA$1,175
The Gardens ApartmentsFloor Plan J1BR,1BA$1,191

Best Value Apartments for Rent in Lakeland, FL

As of June 10, 2026 the best value apartment in the Lakeland area is the $1.01 price per square foot Tybee Model at Redding Pointe in the in the Lakeland Interstate Business Park neighborhood starting from $2,656. The second greatest value Lakeland apartment is the 3 Bedroom Model at Lakeland Grand starting at $1,945 with a $1.05 price per square foot in the Club Colony neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redding PointeTybee5BR,3BA$1.01
Lakeland Grand3 Bedroom3BR,2BA$1.05
Erikson ParkAria3BR,2BA$1.33
Bridgewater Grand1 Bedroom1BR,1BA$1.28
The Lodge at Woodlake2 Bed 2 Bath2BR,2BA$1.28
Pointe Grand Plant City2 Bedroom, 2 Bathroom2BR,2BA$1.36
Pointe Grand Lakeland2 Bedroom, 2 Bathroom2BR,2BA$1.32
7665 Chase Rd, Unit 27665 Chase Rd2BR,2BA$1.38
1416 Peavy Ct, Unit 1416 Peavy Court1416 Peavy Ct2BR,1.5BA$1.20
132-988 E Palmetto St1 Beds, 1 Baths1BR,1BA$1.10

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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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 Lakeland, FL Rentals by Map

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See the most popular apartments and homes in Lakeland, FL

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Lakeland, FL Area Reviews

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Frequently Asked Questions about Lakeland

What type of rentals are currently available in Lakeland?

There are currently 420 Apartments for Rent in Lakeland, FL with pricing that ranges from $899 to $3,480. There are also 442 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $595 to $4,745.

What is the current price range for Rental Homes in Lakeland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeland ranges from $595 to $4,745 with an average monthly rent of $1,980.

How much are larger Three and Four Bedroom Rentals in Lakeland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeland range from $1,325 to $3,480, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $4,745. Four Bedroom Single-Family rentals are also available starting from $875 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

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.