Cheap Homes for Rent in Lakeland, FL from $500 (43 Rentals)

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property at 4535 US-92

4535 US-92

LakelandFL33801

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.

property at 1015 Griffin Rd

1015 Griffin Rd

LakelandFL33805

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 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.

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.

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 308 Petteway Dr

308 Petteway Dr

LakelandFL33805

Lakeland, FL Local Guide

Cheapest Neighborhoods for Apartments in Lakeland, FL

Pricing Updated: 09/16/2025

Current apartment rentals in the Lakeland, FL area range in price from $550 to $11,000 with an overall median price of $3,907. The three Lakeland neighborhoods with the lowest median rent pricing are Winston Heights at $1,100, Lime Street at $1,000, and Myrtlewood at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lakeland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Winston Heights$1,650$1,10018
Lime Street$1,799$1,00019
Myrtlewood$1,799$1,2009
Rosemont$1,850$1,19518
Heritage Center$1,890$55047
Lake Bentley$1,960$69550
Lionspaw$1,990$92557
Poinciana$1,995$699145
Honeytree$2,000$1,00018
Howenoca Hills$2,000$69519

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 $900. 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$900
Crystal Court ApartmentsStudioStudio,1BA$984
Lakeland Manor Apartment Homes1 Bedroom 1 Bath - A11BR,1BA$999
Bonny ApartmentsThe Bonny1BR,1BA$1,090
Sutton PlaceOne Bedroom One Bath Apartment1BR,1BA$1,168
2043 Shakespeare StStudioStudio,1BA$1,170
Peppertree Village ApartmentsEfficiencyStudio,1BA$1,205
Topaz RetreatTuscany1BR,1BA$1,249

Best Value Apartments for Rent in Lakeland, FL

As of September 16, 2025 the best value apartment in the Lakeland area is the $1.28 price per square foot Hawking Model at Riverstone in the in the Laurel Woods neighborhood starting from $2,260. The second greatest value Lakeland apartment is the 2 Bedroom Model at Lakeland Grand starting at $1,898 with a $1.11 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.
RiverstoneHawking3BR,2BA$1.28
Lakeland Grand2 Bedroom2BR,2BA$1.11
Erikson ParkAria3BR,2BA$1.24
Fountain Square ApartmentsC13BR,2BA$1.38
Bridgewater Grand1 Bedroom1BR,1BA$1.31
Pointe Grand Plant City2 Bedroom, 2 Bathroom2BR,2BA$1.48
Audubon OaksLAUREL OAK2BR,2BA$1.45
2341 Weber St, Unit 12341 Weber St2BR,1BA$1.50
1029 Fox Lake Dr, Unit 10291029 Fox Lake Dr2BR,2BA$1.44
The Lodge at Woodlake1 Bed 1 Bath1BR,1BA$1.36

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lakeland, FL

Ranked #50

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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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 429 Apartments for Rent in Lakeland, FL with pricing that ranges from $850 to $3,599. There are also 495 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $550 to $11,000.

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 $550 to $11,000 with an average monthly rent of $2,942.

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 $1,290 to $3,599, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $11,000. Four Bedroom Single-Family rentals are also available starting from $925 and Four Bedroom Apartments start at $1,430.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.