Cheap Homes for Rent in Myrtlewood Neighborhood of Lakeland, FL from $1,000 (10 Rentals)

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Search the lowest-cost Homes 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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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 The Retreat at Lakeland priced from $1,287. Audubon Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Myrtlewood apartments for rent in Lakeland, FL:

Apartment ListingModel NameBed/BathPriced From
The Retreat at LakelandA11BR,1BA$1,287
Audubon OaksROYAL OAK1BR,1BA$1,300
Reserve at Lakeland Apartment HomesNaples1BR,1BA$1,315

Best Value Apartments for Rent in Myrtlewood, FL

As of June 05, 2026 the best value apartment in the Myrtlewood area is the $1.48 price per square foot C1 Model at Gibson Oaks in the in the Bradford Heights neighborhood starting from $1,975. The second greatest value Myrtlewood apartment is the 7665 Chase Rd Model at 7665 Chase Rd, Unit 2 starting at $1,375 with a $1.38 price per square foot in the Carter Heights 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$1.48
7665 Chase Rd, Unit 27665 Chase Rd2BR,2BA$1.38
Big OaksB22BR,2BA$1.56
Caroline2A2BR,1BA$2.03
Audubon OaksROYAL OAK1BR,1BA$1.49
The Loop at Wedgewood2 Bed 1 Bath2BR,1BA$1.69
Arbor Glen ApartmentsNapa1BR,1BA$1.70
The Retreat at LakelandA11BR,1BA$1.59
The Preserve at Lakeland Hills ApartmentsDali1BR,1BA$1.94
Reserve at Lakeland Apartment HomesNaples1BR,1BA$1.96

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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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

3.5
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 26 Apartments for Rent in Myrtlewood, FL with pricing that ranges from $920 to $2,355. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Myrtlewood ranging from $1,095 to $2,235.

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 $1,095 to $2,235 with an average monthly rent of $1,717.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.