Cheap Homes for Rent in Lakeland, FL from $500 (71 Rentals)

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

property at 2185 Shady Acres Dr

$700 - $800

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $800
Total Monthly Price
$700 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

2185 Shady Acres Dr

MulberryFL33860
property at 1017 Griffin Rd

$995 - $1,195

1 To 2 Bedroom Rentals

Available Now

1017 Griffin Rd

LakelandFL33805

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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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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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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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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Showing Results 1-50, Page 1 of 2

Lakeland, FL Local Guide

Cheapest Neighborhoods for Apartments in Lakeland, FL

Pricing Updated: 04/25/2026

Current apartment rentals in the Lakeland, FL area range in price from $584 to $6,212 with an overall median price of $2,461. The three Lakeland neighborhoods with the lowest median rent pricing are Kew Gardens at $1,199, Lakeside Hills at $975, and Park Lane at $975. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lakeland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kew Gardens$1,240$1,1994
Lakeside Hills$1,275$9752
Park Lane$1,275$9752
Belmont Woods$1,275$1,1501
Miralago$1,375$9993
Paul A Digg$1,430$89925
Spring Pines$1,475$70014
Sequoyah Ridge$1,475$70014
Combee Acres$1,499$89949
Chadam$1,567$1,2596

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 Homes2 Bedroom 1 Bath - B12BR,1BA$999
Peppertree Village ApartmentsEfficiencyStudio,1BA$1,065
Bonny ApartmentsThe Bonny1BR,1BA$1,090
2043 Shakespeare StStudioStudio,1BA$1,095
Sutton PlaceOne Bed One Bath Standard1BR,1BA$1,135
Reserve at Lakeland Apartment HomesRimini1BR,1BA$1,150

Best Value Apartments for Rent in Lakeland, FL

As of April 25, 2026 the best value apartment in the Lakeland area is the $1.06 price per square foot Three Bedroom Model at Bridgewater Grand in the in the Watson Oaks neighborhood starting from $1,966. The second greatest value Lakeland apartment is the Cali Model at Erikson Park starting at $2,210 with a $1.21 price per square foot in the Classic View 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.
Bridgewater GrandThree Bedroom3BR,2BA$1.06
Erikson ParkCali4BR,2BA$1.21
Redding PointeHamden3BR,2.5BA$1.18
Lakeland Grand1 Bedroom1BR,1BA$1.30
NOBAY ApartmentsInterior 2 Bedroom2BR,2BA$1.34
The Lodge at Woodlake2 Bed 2 Bath2BR,2BA$1.33
Fountain Square ApartmentsB12BR,1BA$1.45
1416 Peavy Ct, Unit 1416 Peavy Court1416 Peavy Ct2BR,1.5BA$1.30
7665 Chase Rd, Unit 27665 Chase Rd2BR,2BA$1.39
The Park at PalazzoMessina1BR,1BA$1.40

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lakeland, FL Rentals by Map

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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 437 Apartments for Rent in Lakeland, FL with pricing that ranges from $680 to $3,170. There are also 400 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $595 to $4,190.

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 $4,190 with an average monthly rent of $2,125.

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 $1,245 to $3,170, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $4,190. 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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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.

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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.

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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.