Cheap Apartments for Rent in the Myrtlewood Neighborhood of Lakeland, FL from $800 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Myrtlewood area of 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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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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204 Leelon Rd
2 Bedroom Apartments

204 Leelon Rd

204 Leelon RdLakeland, FL 33809
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Providence Reserve
2 to 4 Bedroom Apartments

Providence Reserve

2601 Providence RdLakeland, FL 33805
  • Utilities Included
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Cambridge Cove
1 to 4 Bedroom Apartments

Cambridge Cove

1700 Cambridge Cove CirLakeland, FL 33810
  • Utilities Included

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 Park at Palazzo
Studio to 3 Bedroom Apartments

The Park at Palazzo

3685 Victoria Manor DrLakeland, FL 33805

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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property at 141 Fernery Rd

$1,250 - $1,360

2 Bedroom Rentals

Available Now

141 Fernery Rd

LakelandFL33809
Showing Results 1-27, Page 1 of 1

Myrtlewood, Lakeland, FL Local Guide

Cheapest Available Myrtlewood Apartments for Rent

 

The cheapest available apartment rental in the Myrtlewood area of Lakeland, FL is a 1 Bed unit found at Sutton Place priced from $1,115. Reserve at Lakeland Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Myrtlewood apartments for rent in Lakeland, FL:

Apartment ListingModel NameBed/BathPriced From
Sutton PlaceOne Bed One Bath Standard1BR,1BA$1,115
Reserve at Lakeland Apartment HomesRimini1BR,1BA$1,150
The Park at PalazzoMessina1BR,1BA$1,275
The Retreat at LakelandA11BR,1BA$1,288
Audubon OaksROYAL OAK1BR,1BA$1,300
The Preserve at Lakeland Hills ApartmentsMonet1BR,1BA$1,317
Sunset Lakes1 BR / 1 BA - Wren1BR,1BA$1,382
Arbor Glen ApartmentsNapa1BR,1BA$1,411
The Loop at Wedgewood2 Bed 2 Bath2BR,2BA$1,449

Best Value Apartments for Rent in Myrtlewood, FL

As of April 27, 2026 the best value apartment in the Myrtlewood area is the $1.39 price per square foot 7665 Chase Rd Model at 7665 Chase Rd, Unit 2 in the in the Carter Heights neighborhood starting from $1,390. The second greatest value Myrtlewood apartment is the B2 Model at Big Oaks starting at $1,500 with a $1.55 price per square foot in the Lakeland Interstate Business Park neighborhood. Here is today’s list of the best values for Myrtlewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7665 Chase Rd, Unit 27665 Chase Rd2BR,2BA$1.39
Big OaksB22BR,2BA$1.55
The Park at PalazzoMessina1BR,1BA$1.40
Audubon OaksROYAL OAK1BR,1BA$1.49
The Loop at Wedgewood2 Bed 1 Bath2BR,1BA$1.75
Gibson OaksA11BR,1BA$1.75
Arbor Glen ApartmentsNapa1BR,1BA$1.72
Story Lake GibsonA21BR,1BA$1.85
The Retreat at LakelandA11BR,1BA$1.59
The Preserve at Lakeland Hills ApartmentsDali1BR,1BA$1.84

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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Pet Friendly Lifestyle
Myrtlewood, Lakeland, FL

Ranked #7

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Myrtlewood, Lakeland, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States, including Lakeland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, places to raise kids, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Myrtlewood Apartments

How much is rent for a Cheap One Bedroom Myrtlewood Apartment?

The lowest price for a Cheap One Bedroom Myrtlewood Apartment is $1,115 at Sutton Place.

What is the lowest price for a Cheap Two Bedroom Myrtlewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Myrtlewood is starting from $1,275 at Sutton Place.

What is the most affordable Myrtlewood Three Bedroom Apartment?

The best deal on a cheap Myrtlewood Three Bedroom Apartment rental is at The Preserve at Lakeland Hills Apartments and starts from $1,543.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.