Cheap Homes for Rent in Lakeland, FL from $700 (73 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 217 McKean St

$1,130

2 Bedroom Rentals

Available Now

217 McKean St

AuburndaleFL33823

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.

property at 457 Beech Ave

$1,195

2 Bedroom Rentals

Available Now

457 Beech Ave

LakelandFL33815
property at 453 Beech Ave

$1,195

2 Bedroom Rentals

Available Now

453 Beech Ave

LakelandFL33815

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lakeland, FL Local Guide

Cheapest Neighborhoods for Apartments in Lakeland, FL

Pricing Updated: 01/02/2026

Current apartment rentals in the Lakeland, FL area range in price from $600 to $8,999 with an overall median price of $3,353. The three Lakeland neighborhoods with the lowest median rent pricing are Myrtlewood at $1,075, Denison Heights Estate at $990, and Kew Gardens at $995. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lakeland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Myrtlewood$1,572$1,07513
Denison Heights Estate$1,600$99012
Kew Gardens$1,700$99518
Lake Hunter Terrace$1,700$99517
Silver Shores$1,750$99513
Pine Crest Heights$1,800$99014
Grovemont$1,880$1,40017
Lionspaw$1,887$92554
Lake Bentley$1,895$92550
Raintree$1,895$92512

Cheapest Available Lakeland Apartments for Rent

 

The cheapest available apartment rental in Lakeland, FL is a Studio unit found at LeMans Apartments of Lakeland in the Mulberry Gardens neighborhood priced from $875. Crystal Court Apartments in the Honeytree neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $984. Here is today’s list of the most affordable Lakeland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LeMans Apartments of LakelandStudioStudio,1BA$875
Crystal Court ApartmentsStudioStudio,1BA$984
Lakeland Manor Apartment Homes2 Bedroom 1 Bath - B12BR,1BA$999
Bonny ApartmentsThe Bonny1BR,1BA$1,090
2043 Shakespeare StStudioStudio,1BA$1,150
Sutton PlaceOne Bed One Bath S1BR,1BA$1,160
The Preserve at Lakeland Hills ApartmentsDali1BR,1BA$1,204

Best Value Apartments for Rent in Lakeland, FL

As of January 02, 2026 the best value apartment in the Lakeland area is the $1.21 price per square foot Cali Model at Erikson Park in the in the Classic View neighborhood starting from $2,211. The second greatest value Lakeland apartment is the 2 Bedroom Model at Lakeland Grand starting at $1,928 with a $1.13 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.
Erikson ParkCali4BR,2BA$1.21
Lakeland Grand2 Bedroom2BR,2BA$1.13
Bridgewater Grand2 Bedroom2BR,2BA$1.06
RiverstoneLarissa3BR,2BA$1.39
Bella Vista on ParkThe Laurel3BR,2BA$1.38
The Lodge at Woodlake2 Bed 2 Bath2BR,2BA$1.33
Audubon OaksLAUREL OAK2BR,2BA$1.37
Waters Edge ApartmentsB22BR,2BA$1.41
WatermarcThe Swan Two Bed Two Bath2BR,2BA$1.47
Woodland Heights Apartments2B2BR,2BA$1.54

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Lakeland, FL Rentals by Map

View Map
Lakeland, FL Apartments Map
View Map
Lakeland, FL Rental Homes Map

Lakeland, FL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Frequently Asked Questions about Lakeland

What type of rentals are currently available in Lakeland?

There are currently 440 Apartments for Rent in Lakeland, FL with pricing that ranges from $750 to $3,319. There are also 530 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $750 to $8,999.

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 $750 to $8,999 with an average monthly rent of $2,830.

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 $3,319, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,250. Four Bedroom Single-Family rentals are also available starting from $925 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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!