Cheap Apartments for Rent in the Southwest Lakeland Neighborhood of Lakeland, FL from $700 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest Lakeland 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.

property at 1935 W Walnut St

$1,399

Total Monthly Price

Total Monthly Price

Base Rent
$1,399

Total Monthly Price
$1,399

2 Bedroom, 2 Bath Home for Rent

Available Now

1935 W Walnut St

LakelandFL33815

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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Lakeview Place
Studio to 1 Bedroom Apartments

Lakeview Place

515 E Orange StLakeland, FL 33801
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Eddie Woodard
1 to 3 Bedroom Apartments

Eddie Woodard

1009 Oakpark DrLakeland, FL 33803
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The Park at Verona New
Studio to 3 Bedroom Apartments

The Park at Verona New

3520 Cleveland Heights BlvdLakeland, FL 33803
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110 Carleton St
1 Bedroom Apartments

110 Carleton St

110 Carleton StLakeland, FL 33803

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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Topaz Retreat
1 Bedroom Apartments

Topaz Retreat

1776 Harden BlvdLakeland, FL 33803

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.

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.

Southwest Lakeland, Lakeland, FL Local Guide

Cheapest Available Southwest Lakeland Apartments for Rent

 

The cheapest available apartment rental in the Southwest Lakeland area of Lakeland, FL is a Studio unit found at The Park at Verona New priced from $1,100. 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 Southwest Lakeland apartments for rent in Lakeland, FL:

Apartment ListingModel NameBed/BathPriced From
The Park at Verona NewCapriStudio,1BA$1,100
132-988 E Palmetto St1 Beds, 1 Baths1BR,1BA$1,100
Peppertree Village ApartmentsEfficiencyStudio,1BA$1,130
The Gardens ApartmentsFloor Plan H1BR,1BA$1,173
Topaz RetreatTuscany1BR,1BA$1,199
704-732 Angelina Ln1 Beds, 1 Baths1BR,1BA$1,225
Bonny ApartmentsThe Parker2BR,1BA$1,225
Twin Lakes Estates IIThree Bedroom3BR,2BA$1,258
WatermarcThe Lily One Bed One Bath1BR,1BA$1,339

Best Value Apartments for Rent in Southwest Lakeland, FL

As of July 07, 2026 the best value apartment in the Southwest Lakeland area is the $1.24 price per square foot 2 Bed 2 Bath Model at The Lodge at Woodlake in the in the Honeytree neighborhood starting from $1,450. The second greatest value Southwest Lakeland apartment is the 2 Bedroom, 2 Bathroom Model at Pointe Grand Lakeland starting at $1,699 with a $1.45 price per square foot in the Oakbridge One neighborhood. Here is today’s list of the best values for Southwest Lakeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lodge at Woodlake2 Bed 2 Bath2BR,2BA$1.24
Pointe Grand Lakeland2 Bedroom, 2 Bathroom2BR,2BA$1.45
Twin Lakes Estates IIThree Bedroom3BR,2BA$1.15
132-988 E Palmetto St1 Beds, 1 Baths1BR,1BA$1.10
Woodland Heights Apartments2B2BR,2BA$1.72
Bonny ApartmentsThe Parker2BR,1BA$1.45
915 Ariana Apartment CommunityApt 482BR,2BA$1.70
Town Center At Lakeside VillageIsla1BR,1BA$1.99
WillowBrooke ApartmentsDeluxe One Bedroom1BR,1BA$1.85
WatermarcThe Lily One Bed One Bath1BR,1BA$1.85

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
Southwest Lakeland, Lakeland, FL

Ranked #35

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Florida and customized analysis for Central Lakeland, FL. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Lakeland Apartments

What is the Cheapest Studio apartment in Southwest Lakeland?

Currently the most affordable Cheap Studio Apartment in Southwest Lakeland is at The Park at Verona New listed at $1,100.

How much is rent for a Cheap One Bedroom Southwest Lakeland Apartment?

The lowest price for a Cheap One Bedroom Southwest Lakeland Apartment is $1,100 at 132-988 E Palmetto St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Southwest Lakeland is starting from $1,225 at Bonny Apartments.

What is the most affordable Southwest Lakeland Three Bedroom Apartment?

The best deal on a cheap Southwest Lakeland Three Bedroom Apartment rental is at Twin Lakes Estates II and starts from $1,258.

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.