Cheap Homes for Rent in Lakeland, LA from $500 (21 Rentals)

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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 4114 Florida St

$875 - $975

1 To 2 Bedroom Rentals

Available Now

4114 Florida St

ZacharyLA70791

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.

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

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 ListingModel NameBed/BathPriced From
Choctaw Lodge- Income RestrictedStudio/efficiencyStudio,1BA$600
Hollywood HeightsCreole1BR,1BA$792
The BengalA31BR,1BA$799
The Palms ApartmentsThe Palms Apartments (1 Bed/1 Bath)1BR,1BA$800
Sugar MillA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Crown Ave PLEX2BR/1.0BA2BR,1BA$0.85
Beltline Townhomes2 Bed 2 Bath2BR,2BA$1.15
Square OneTwo Bedroom2BR,2BA$1.19
Hollywood HeightsShotgun2BR,2BA$1.09
Lake Towers2x12BR,1BA$1.15
Zurqui on Mohican2 bedroom|1 bath2BR,1BA$1.19
Maritime OneOne Bed1BR,1BA$1.18
Reserve at Howell Place1x11BR,1BA$1.26
St. Theresa Senior Housing1/11BR,1BA$1.20
Choctaw Lodge- Income RestrictedStudio/efficiencyStudio ,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.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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

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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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.