Cheap Homes for Rent in Myrtlewood Neighborhood of Lakeland, FL from $1,100 (12 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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Showing Results 1-12, 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 $1,120. Reserve at Lakeland Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here are the most affordable Myrtlewood apartments for rent in Lakeland, FL:

Apartment ListingModel NameBed/BathPriced From
Sutton PlaceOne Bed One Bath Standard1BR,1BA$1,120
Reserve at Lakeland Apartment HomesRimini1BR,1BA$1,165
The Preserve at Lakeland Hills ApartmentsMonet1BR,1BA$1,284
The Retreat at LakelandA11BR,1BA$1,288
Audubon OaksROYAL OAK1BR,1BA$1,300

Best Value Apartments for Rent in Myrtlewood, FL

As of April 16, 2026 the best value apartment in the Myrtlewood area is the $1.47 price per square foot B2 Model at Big Oaks in the in the Lakeland Interstate Business Park neighborhood starting from $1,420. The second greatest value Myrtlewood apartment is the ROYAL OAK Model at Audubon Oaks starting at $1,300 with a $1.49 price per square foot in the Bradford 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.
Big OaksB22BR,2BA$1.47
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$1.65
The Retreat at LakelandA11BR,1BA$1.59
The Preserve at Lakeland Hills ApartmentsDali1BR,1BA$1.83
Sunset Lakes1 BR / 1 BA - Wren1BR,1BA$2.07
Sutton PlaceOne Bed One Bath Standard1BR,1BA$1.94
Reserve at Lakeland Apartment HomesRimini1BR,1BA$2.04

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

3.5
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 27 Apartments for Rent in Myrtlewood, FL with pricing that ranges from $914 to $2,509. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Myrtlewood ranging from $1,195 to $2,200.

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 $1,195 to $2,200 with an average monthly rent of $1,641.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.