Cheap Apartments for Rent in Lakeland, TN from $700 (22 Rentals)

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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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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, 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 $749. Arbors of Century Center in the Germantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Lakeland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsSycamore1BR,1BA$749
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$799
The Willows at Shelby Farms1X1-Ash1BR,1BA$839
The Landings at Houston LeveeThe Cordelle - 1x11BR,1BA$937
Colonial Estates1x1 - Reno no Kitchen1BR,1BA$949

Best Value Apartments for Rent in Lakeland, TN and Nearby

As of January 05, 2026 the best value apartment in the Lakeland area is the $1.19 price per square foot C2 Model at Appling Lakes in the in the Germantown neighborhood starting from $1,793. The second greatest value Lakeland apartment is the The Brookside - 3x2 Model at The Landings at Houston Levee starting at $1,410 with a $1.04 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.
Appling LakesC23BR,2BA$1.19
The Landings at Houston LeveeThe Brookside - 3x23BR,2BA$1.04
Quail Ridge Apartment HomesBlue Ridge2BR,2BA$1.27
Somerset at LakelandB22BR,2BA$1.16
Atlas at Goodlett Farms2x2 Upgrade2BR,2BA$1.33
The CharlestonBeaumont1BR,1BA$1.26
Stonebridge Crossing ApartmentsBeaumont2BR,2BA$1.24
Colonial Estates1x1 - Reno no Kitchen1BR,1BA$1.20
Greenbrook at Shelby FarmsPine1BR,1BA$1.08
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$1.29

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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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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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!

Explore Lakeland, TN Rentals by Map

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See the most popular apartments and homes in Lakeland, TN

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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 $1,210.

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

The lowest price for a Cheap One Bedroom Lakeland Apartment is $749 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 $867 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 Arbors of Century Center and starts from $1,299.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!