3446 Peter Cove
BartlettTN38133
Cheap Homes for Rent in Lakeland, TN from $1,200 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeland.
2763 Maggie Woods Pl
ArlingtonTN38002
9298 Charly Hill Ln
MemphisTN38016
2721 Green Turtle Trail
MemphisTN38016
2828 Breezy Ridge Trail
MemphisTN38016
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.
2777 Virginia Woods Pl
ArlingtonTN38002
2178 Berry Bush Ln
MemphisTN38016
2271 Purple Leaf Ln
MemphisTN38016
9208 Lazzini Cove
CordovaTN38016
2281 Webbing Dr
MemphisTN38016
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.
2219 Lake Hill Ct
MemphisTN38016
9204 Lazzini Cove
CordovaTN38016
9204 Lazzini Cove
CordovaTN38016
2746 Virginia Woods Pl
ArlingtonTN38002
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$1,688Studio Apartments Available Now
Furnished Studio-Memphis - Wolfchase Galleria
2520 Horizon Lake DrMemphis, TN 38133
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.
9221 Lazzini Cove
CordovaTN38016
9112 Cinderhill Cove W
MemphisTN38016
Showing Results 1-17, Page 1 of 1
Lakeland, TN Local Guide
Waterfall in Tennessee by greerjasona is licensed under CC BY 2.0
How much does it cost to rent a home in Lakeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeland 2 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
| Lakeland 3 Bedroom Homes for Rent | $1,894 | $1,400 | $2,585 |
| Lakeland 4 Bedroom Homes for Rent | $2,294 | $1,660 | $5,750 |
| Lakeland 5 Bedroom Homes for Rent | $2,467 | $2,195 | $2,635 |
Browse Top Homes for Rent in Lakeland
Explore Lakeland
Lakeland, TN Local Guide
- Nearby Cities
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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 $732. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenbrook at Shelby Farms | Sycamore | 1BR,1BA | $732 |
| Arbors of Century Center | Ash - 1x1 Upgrade | 1BR,1BA | $799 |
| Canterbury Woods Apartments | 1 Bed/1 Bath | 1BR,1BA | $920 |
| The Willows at Shelby Farms | 1X1-Ash | 1BR,1BA | $935 |
| Stonebridge Crossing Apartments | Avalon w/Sunroom | 1BR,1BA | $960 |
Best Value Apartments for Rent in Lakeland, TN and Nearby
As of January 22, 2026 the best value apartment in the Lakeland area is the $1.24 price per square foot Three Bedroom Model at Walnut Hill Apartments in the in the Cordova-Appling neighborhood starting from $1,705. The second greatest value Lakeland apartment is the Blue Ridge Model at Quail Ridge Apartment Homes starting at $1,450 with a $1.16 price per square foot in the Brownsville 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. |
|---|---|---|---|
| Walnut Hill Apartments | Three Bedroom | 3BR,2BA | $1.24 |
| Quail Ridge Apartment Homes | Blue Ridge | 2BR,2BA | $1.16 |
| Somerset at Lakeland | B2 | 2BR,2BA | $1.16 |
| Colonial Estates | 2 Bedroom/2 Bathroom Renovated | 2BR,2BA | $0.97 |
| The Birches Apartment Homes | 2bed 2 bath | 2BR,2BA | $1.29 |
| The Landings at Houston Levee | The Cove - 1x1 | 1BR,1BA | $1.04 |
| The Charleston | Beaumont | 1BR,1BA | $1.26 |
| Stonebridge Crossing Apartments | Beaumont | 2BR,2BA | $1.24 |
| Greenbrook at Shelby Farms | Pine | 1BR,1BA | $1.06 |
| Canterbury Woods Apartments | 1 Bed/1 Bath | 1BR,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.
Read Article
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.
Read ArticleCash 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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakeland, TN Rentals by Map
See the most popular apartments and homes in Lakeland, TN
Frequently Asked Questions about Lakeland
What type of rentals are currently available in Lakeland?
There are currently 41 Apartments for Rent in Lakeland, TN with pricing that ranges from $732 to $3,000. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $1,200 to $5,750.
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 $1,200 to $5,750 with an average monthly rent of $1,921.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.
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.