
Cheap Apartments for Rent in Lakemont, NY from $600 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakemont.


Auden Ithaca

Country Falls Apartments

Montour Family Apartments

West Village Apartments

Spring Meadows

The Belleayre Building

509 Wyckoff Rd

Lansing West Apartments
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.

The Overlook at West Hill

Lakeland Apartments

Commons West

Westbourne Apartments

Linderman Creek

Lansing Grove Apartments

Edgecliff Apartments

Campus Hill Apartments

Forest Edge Townhomes
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.

The Carey Building

Center Ithaca

Boathouse Landing on Cayuga Inlet

The Meadows at Ithaca Townhomes

Gateway Commons

Ironworks Ithaca

313 Wait Ave

105 Valentine Pl

105 N Quarry 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.

419 Triphammer Rd

207 Kelvin Pl

514 W State St

105 Westbourne Ln

222 N Albany St

Harolds Square

318 E Seneca St

Montour House

1084 Yale Farm Rd
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.

215 Pennsylvania Ave

219 Coddington Rd
Lakemont, NY Local Guide

How much does it cost to rent an apartment in Lakemont?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakemont Studio Apartments | $2,272 | $1,200 | $3,670 |
| Lakemont 1 Bedroom Apartments | $2,310 | $600 | $4,298 |
| Lakemont 2 Bedroom Apartments | $2,819 | $785 | $5,855 |
| Lakemont 3 Bedroom Apartments | $2,040 | $649 | $4,055 |
| Lakemont 4 Bedroom Apartments | $2,161 | $749 | $4,000 |
Browse Top Apartments in Lakemont
See all Apartments in LakemontExplore Lakemont
Lakemont, NY Local Guide
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Cheapest Available Lakemont Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakemont, NY is a 1 Bed unit found at St Marks Terrace Dundee priced from $600. Montour Family Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here is today’s list of the most affordable Lakemont apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St Marks Terrace Dundee | 1 bed 1 bath | 1BR,1BA | $600 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $785 |
| Country Falls Apartments | Two Bedroom | 2BR,1BA | $795 |
| West Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,041 |
| 111 Osmun Place - See Details | Full 5 Bedroom Apartment 2 | 5BR,1BA | $1,050 |
| Lansing West Apartments | The Otisco | 1BR,1BA | $1,341 |
| The Overlook at West Hill | Two Bedroom | 2BR,1BA | $1,353 |
| Lakeland Apartments | 1x1 (1A-1, 1B-1, 1C-1, 3A-1, 4A-2, 4B-2, 5A-1, ... | 1BR,1BA | $1,390 |
| Commons West | Studio | Studio,1BA | $1,395 |
| Linderman Creek | 2 Bedroom | 2BR,1BA | $1,445 |
Best Value Apartments for Rent in Lakemont, NY and Nearby
As of June 22, 2026 the best value apartment in the Lakemont area is the $0.58 price per square foot Full 3 Bedroom Apartment 4 Model at 111 Osmun Place - See Details in the in the North Campus neighborhood starting from $1,050. The second greatest value Lakemont apartment is the 3 Beds, 1 bath Model at West Village Apartments starting at $1,331 with a $1.15 price per square foot in the Western South Hill neighborhood. Here is today’s list of the best values for Lakemont apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 111 Osmun Place - See Details | Full 3 Bedroom Apartment 4 | 3BR,1BA | $0.58 |
| West Village Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.15 |
| The Meadows at Ithaca Townhomes | 2x1.5b | 2BR,1.5BA | $2.11 |
| Westbourne Apartments | Three Bedroom-Halfbath | 3BR,1.5BA | $1.95 |
| 306 Highland Rd | 3 Bedrooms | 3BR,1BA | $0.73 |
| Country Falls Apartments | Two Bedroom | 2BR,1BA | $0.91 |
| Linderman Creek | 2 Bedroom | 2BR,1BA | $1.72 |
| The Overlook at West Hill | One Bedroom | 1BR,1BA | $1.96 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $1.14 |
| St Marks Terrace Dundee | 1 bed 1 bath | 1BR,1BA | $1.09 |
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 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 Lakemont, NY Rentals by Map
See the most popular apartments and homes in Lakemont, NY
Frequently Asked Questions about Cheap Lakemont Apartments
What is the Cheapest Studio apartment in Lakemont?
Currently the most affordable Cheap Studio Apartment in Lakemont is at Commons West listed at $1,395.
How much is rent for a Cheap One Bedroom Lakemont Apartment?
The lowest price for a Cheap One Bedroom Lakemont Apartment is $600 at St Marks Terrace Dundee.
What is the lowest price for a Cheap Two Bedroom Lakemont Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakemont is starting from $795 at Country Falls Apartments.
What is the most affordable Lakemont Three Bedroom Apartment?
The best deal on a cheap Lakemont Three Bedroom Apartment rental is at Montour Family Apartments and starts from $1,125.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.