
Cheap Homes for Rent in Lakeland, LA from $500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeland.


1332 Stilt St

3128 Pampas St

1657 N 38th St

2319 Elm Park Dr

8840 Thelma St

2839 Amarillo St
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.

2453 Jefferson Ave

6134 St Gerard Ave

2852 Dayton St

5818 Comish Dr

13191 Sunshine Rd

4114 Florida St

2736 Amarillo St
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.

636 N 39th St

5143 Baker Blvd

1454 Jordan St

4133 Lee St

4592 W Brookstown Dr

3648 Evangeline St

2045 3rd St
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.
Lakeland, LA Local Guide

How much does it cost to rent a home in Lakeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeland 2 Bedroom Homes for Rent | $957 | $695 | $1,580 |
| Lakeland 3 Bedroom Homes for Rent | $1,265 | $800 | $1,700 |
| Lakeland 4 Bedroom Homes for Rent | $1,882 | $900 | $3,175 |
Browse Top Homes for Rent in Lakeland
Explore Lakeland
Lakeland, LA Local Guide
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Cheapest Available Lakeland Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakeland, LA is a Studio unit found at Choctaw Lodge- Income Restricted in the Istrouma neighborhood priced from $600. Hollywood Heights in the Istrouma neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $792. Here is today’s list of the most affordable Lakeland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Choctaw Lodge- Income Restricted | Studio/efficiency | Studio,1BA | $600 |
| Hollywood Heights | Creole | 1BR,1BA | $792 |
| The Bengal | A3 | 1BR,1BA | $799 |
| The Palms Apartments | The Palms Apartments (1 Bed/1 Bath) | 1BR,1BA | $800 |
| Sugar Mill | A1 | 1BR,1BA | $830 |
Best Value Apartments for Rent in Lakeland, LA and Nearby
As of July 05, 2026 the best value apartment in the Lakeland area is the $0.85 price per square foot 2BR/1.0BA Model at Crown Ave PLEX in the in the North Baton Rouge neighborhood starting from $850. The second greatest value Lakeland apartment is the 2 Bed 2 Bath Model at Beltline Townhomes starting at $1,031 with a $1.15 price per square foot in the Istrouma neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crown Ave PLEX | 2BR/1.0BA | 2BR,1BA | $0.85 |
| Beltline Townhomes | 2 Bed 2 Bath | 2BR,2BA | $1.15 |
| Square One | Two Bedroom | 2BR,2BA | $1.19 |
| Hollywood Heights | Shotgun | 2BR,2BA | $1.09 |
| Lake Towers | 2x1 | 2BR,1BA | $1.15 |
| Zurqui on Mohican | 2 bedroom|1 bath | 2BR,1BA | $1.19 |
| Maritime One | One Bed | 1BR,1BA | $1.18 |
| Reserve at Howell Place | 1x1 | 1BR,1BA | $1.26 |
| St. Theresa Senior Housing | 1/1 | 1BR,1BA | $1.20 |
| Choctaw Lodge- Income Restricted | Studio/efficiency | Studio ,1BA | $1.21 |
Academics, Apartments, and Authentic Jambalaya: Living the College Rental Life in Baton Rouge
Discover Baton Rouge's big-city vibe, historic charm, and famous Cajun/Creole cuisine. Your Local Expert explores LSU, Southern University, FranU, and more, helping you find the perfect diverse neighborhood and apartment to fit your student life and budget.
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakeland, LA Rentals by Map
See the most popular apartments and homes in Lakeland, LA
Frequently Asked Questions about Lakeland
What type of rentals are currently available in Lakeland?
There are currently 46 Apartments for Rent in Lakeland, LA with pricing that ranges from $430 to $15,579. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $500 to $3,175.
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 $500 to $3,175 with an average monthly rent of $1,268.
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 $950 to $15,579, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,700. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $919.
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

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.

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.

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.

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.