Cheap Apartments for Rent in the North Lake Bonnet Neighborhood of Lakeland, FL from $300 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Lake Bonnet 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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Lakeview Place
Studio to 1 Bedroom Apartments

Lakeview Place

515 E Orange StLakeland, FL 33801

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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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

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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916 E Lime St
1 to 2 Bedroom Apartments

916 E Lime St

916 E Lime StLakeland, FL 33801
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620 N Lake Ave
2 Bedroom Apartments

620 N Lake Ave

620 N Lake AveLakeland, FL 33801

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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Topaz Retreat
1 Bedroom Apartments

Topaz Retreat

1776 Harden BlvdLakeland, FL 33803

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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North Lake Bonnet, Lakeland, FL Local Guide

Cheapest Available North Lake Bonnet Apartments for Rent

 

The cheapest available apartment rental in the North Lake Bonnet area of Lakeland, FL is a 1 Bed unit found at Lakeland Manor Apartment Homes priced from $999. 132-988 E Palmetto St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable North Lake Bonnet apartments for rent in Lakeland, FL:

Apartment ListingModel NameBed/BathPriced From
Lakeland Manor Apartment Homes1 Bedroom 1 Bath - A11BR,1BA$999
132-988 E Palmetto St1 Beds, 1 Baths1BR,1BA$1,100
The Gardens ApartmentsFloor Plan H1BR,1BA$1,173
620 N Lake Ave2 Beds, 1 Baths2BR,1BA$1,175
Topaz RetreatTuscany1BR,1BA$1,199
704-732 Angelina Ln1 Beds, 1 Baths1BR,1BA$1,225
Twin Lakes Estates IIThree Bedroom3BR,2BA$1,258
Lake Mirror Tower ApartmentsFloorplan H1BR,1BA$1,299

Best Value Apartments for Rent in North Lake Bonnet, FL

As of July 10, 2026 the best value apartment in the North Lake Bonnet area is the $1.22 price per square foot Hamden Model at Redding Pointe in the in the Lakeland Interstate Business Park neighborhood starting from $2,220. The second greatest value North Lake Bonnet apartment is the Interior 2 Bedroom Model at NOBAY Apartments starting at $1,712 with a $1.45 price per square foot in the Lakeland Interstate Business Park neighborhood. Here is today’s list of the best values for North Lake Bonnet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redding PointeHamden3BR,2.5BA$1.22
NOBAY ApartmentsInterior 2 Bedroom2BR,2BA$1.45
Twin Lakes Estates IIThree Bedroom3BR,2BA$1.15
132-988 E Palmetto St1 Beds, 1 Baths1BR,1BA$1.10
712 E Garden St, Unit 8712 E Garden St2BR,1BA$1.61
915 Ariana Apartment CommunityApt 482BR,2BA$1.70
Caroline1A1BR,1BA$1.94
Lakeland Manor Apartment Homes2 Bedroom 1 Bath - B15R2BR,1.5BA$1.62
620 N Lake Ave2 Beds, 1 Baths2BR,1BA$1.55
Topaz RetreatTuscany1BR,1BA$2.00

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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Best Local Schools in
North Lake Bonnet, Lakeland, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Florida including North Lake Bonnet, Lakeland, and the greater Lakeland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap North Lake Bonnet Apartments

What is a cheap apartment in North Lake Bonnet?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Lake Bonnet is under $1,299.

What is the price of a cheap apartment in North Lake Bonnet?

The cheapest apartment in North Lake Bonnet is Lakeland Manor Apartment Homes which is listed at $999, while the average apartment in North Lake Bonnet costs $1,837.

What types of apartments are the cheapest in North Lake Bonnet?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in North Lake Bonnet that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Lake Bonnet?

Cheap apartments in North Lake Bonnet have an average cost of $377 which is $1,460 cheaper than the average rent for all rentals in North Lake Bonnet.

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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.