Cheap Homes for Rent in Lakeland, LA from $500 (17 Rentals)

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

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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Baton Rouge's Best Affordable Neighborhoods

Learn about Baton Rouge and the best places to live with original content written by Local Expert Melissa Maxwell

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lakeland, LA Local Guide

Cheapest Available Lakeland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakeland, LA is a Studio unit found at Scott School Apartment Homes in the Istrouma neighborhood priced from $450. Hollywood Heights in the Istrouma neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $628. Here is today’s list of the most affordable Lakeland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Scott School Apartment HomesSROStudio,1BA$450
Hollywood HeightsCreole1BR,1BA$628
Choctaw Lodge- Income RestrictedStudio/efficiencyStudio,1BA$695
Edgewood Manor1x1Edgewood Manor1BR,$700
Pine Square ApartmentsOne Bedrooms1BR,1BA$775

Best Value Apartments for Rent in Lakeland, LA and Nearby

As of July 30, 2025 the best value apartment in the Lakeland area is the $0.96 price per square foot 3BR50 Model at Scenic Gardens Estates in the in the North Baton Rouge neighborhood starting from $1,398. The second greatest value Lakeland apartment is the 3x2 Model at Reserve at Howell Place starting at $1,341 with a $1.01 price per square foot in the North Baton Rouge neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Scenic Gardens Estates3BR503BR,2BA$0.96
Reserve at Howell Place3x23BR,2BA$1.01
Scotlandville HomesThree Bedroom Home3BR,2BA$0.95
Port Royal Apartments3 Bedroom3BR,2BA$0.82
Edgewood Manor3X1Edgewood Manor3BR,$0.95
Crown Ave PLEX2BR/1.0BA2BR,1BA$0.90
Beltline Townhomes2 Bed 2 Bath2BR,2BA$1.15
Square OneTwo Bedroom2BR,2BA$1.08
Hollywood HeightsShotgun2BR,2BA$1.09
The BengalB22BR,1BA$1.17

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Frequently Asked Questions about Lakeland

What type of rentals are currently available in Lakeland?

There are currently 44 Apartments for Rent in Lakeland, LA with pricing that ranges from $450 to $8,208. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $550 to $3,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeland ranges from $550 to $3,200 with an average monthly rent of $1,410.

How much are larger Three and Four Bedroom Rentals in Lakeland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeland range from $810 to $8,208, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $1,795. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Local Expert's Guide to the Best Affordable Neighborhoods to Rent in Baton Rouge, Louisiana

Written by: Melissa Maxwell

Baton Rouge is the capital of Louisiana and the second most populous city right after New Orleans. Like New Orleans, Baton Rouge is culturally rich and located right on the banks of the Mississippi River.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.