Cheap Homes for Rent in the Myrtlewood Neighborhood of Lakeland, FL from $1,000 (11 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Studio unit found at Sutton Place priced from $1,175. Reserve at Lakeland Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Myrtlewood apartments for rent in Lakeland, FL:

Apartment ListingModel NameBed/BathPriced From
Sutton PlaceStudio One Bath OpenStudio,1BA$1,175
Reserve at Lakeland Apartment HomesRimini1BR,1BA$1,199
The Preserve at Lakeland Hills ApartmentsDali1BR,1BA$1,262
The Park at PalazzoMessina1BR,1BA$1,345
Audubon OaksROYAL OAK1BR,1BA$1,350

Best Value Apartments for Rent in Myrtlewood, FL

As of July 23, 2026 the best value apartment in the Myrtlewood area is the $1.39 price per square foot C1 Model at Gibson Oaks in the in the Bradford Heights neighborhood starting from $1,850. The second greatest value Myrtlewood apartment is the C1 Model at Big Oaks starting at $1,771 with a $1.52 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.
Gibson OaksC13BR,2BA$1.39
Big OaksC13BR,2BA$1.52
The Retreat at LakelandB22BR,2BA$1.61
The Park at PalazzoMessina1BR,1BA$1.48
Lakeland Landing Apartments2 Bedrrom 2 Bath Apartment Home with 872 Square...2BR,2BA$1.76
Audubon OaksROYAL OAK1BR,1BA$1.55
The Loop at Wedgewood2 Bed 1 Bath2BR,1BA$1.69
Arbor Glen ApartmentsNapa1BR,1BA$1.69
The Preserve at Lakeland Hills ApartmentsMonet1BR,1BA$1.74
Sunset Lakes1 BR / 1 BA - Wren1BR,1BA$2.02

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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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

Frequently Asked Questions about Myrtlewood

What type of rentals are currently available in Myrtlewood?

There are currently 53 Apartments for Rent in Myrtlewood, FL with pricing that ranges from $923 to $2,355. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Myrtlewood ranging from $1,075 to $2,095.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Myrtlewood ranges from $1,075 to $2,095 with an average monthly rent of $1,426.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.