Cheap Apartments for Rent in Lakeland, TN from $700 (23 Rentals)

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

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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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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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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Showing Results 1-23, Page 1 of 1

Lakeland, TN Local Guide

Cheapest Available Lakeland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakeland, TN is a 1 Bed unit found at Greenbrook at Shelby Farms in the Germantown neighborhood priced from $764. Canterbury Woods Apartments in the Germantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here is today’s list of the most affordable Lakeland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsSycamore1BR,1BA$764
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$920
The Willows at Shelby Farms1X1-Ash1BR,1BA$930
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$950
Stonebridge Crossing ApartmentsAvalon w/Sunroom1BR,1BA$960

Best Value Apartments for Rent in Lakeland, TN and Nearby

As of November 29, 2025 the best value apartment in the Lakeland area is the $1.23 price per square foot C1 Model at Somerset at Lakeland in the in the Lakeland Arlington neighborhood starting from $1,770. The second greatest value Lakeland apartment is the The Bayfront - 3x2 Model at The Landings at Houston Levee starting at $1,430 with a $1.08 price per square foot in the Eads-Fisherville 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.
Somerset at LakelandC13BR,2BA$1.23
The Landings at Houston LeveeThe Bayfront - 3x23BR,2BA$1.08
Quail Ridge Apartment HomesBlue Ridge2BR,2BA$1.20
Atlas at Goodlett Farms2x2 Upgrade2BR,2BA$1.17
Colonial Estates2 Bedroom/2 Bathroom Renovated2BR,2BA$1.21
The CharlestonBeaumont1BR,1BA$1.26
Stonebridge Crossing ApartmentsBeaumont2BR,2BA$1.24
Walnut Hill ApartmentsOne Bedroom - 11BR,1BA$1.38
Greenbrook at Shelby FarmsPine1BR,1BA$1.11
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$1.27

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
Lakeland, TN

Ranked #202

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Lakeland, TN Rentals by Map

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See the most popular apartments and homes in Lakeland, TN

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Getting Around Lakeland, TN

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeland Apartments

What is the Cheapest Studio apartment in Lakeland?

Currently the most affordable Cheap Studio Apartment in Lakeland is at Springs at Colonial listed at $1,170.

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

The lowest price for a Cheap One Bedroom Lakeland Apartment is $764 at Greenbrook at Shelby Farms.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lakeland is starting from $908 at Greenbrook at Shelby Farms.

What is the most affordable Lakeland Three Bedroom Apartment?

The best deal on a cheap Lakeland Three Bedroom Apartment rental is at Appling Lakes and starts from $1,330.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.