Cheap Apartments for Rent near Lakemont, NY from $600 (27 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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514 W State St
1 Bedroom Apartments

514 W State St

514 W State StIthaca, NY 14850
  • Utilities Included
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222 N Albany St
2 Bedroom Apartments

222 N Albany St

222 N Albany StIthaca, NY 14850
  • Utilities Included

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.

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Harolds Square
Studio to 2 Bedroom Apartments

Harolds Square

125 E State StIthaca, NY 14850
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Lakemont, NY Local Guide

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. Ravenwood Apartments in the Ithaca neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $700. Here is today’s list of the most affordable Lakemont apartments for rent:

Apartment ListingModel NameBed/BathPriced From
St Marks Terrace Dundee1 bed 1 bath1BR,1BA$600
Ravenwood ApartmentsRoom-by-Room Rentals Available at Ravenwood – U...5BR,2BA$700
Montour Family Apartments1 bedroom 1bath1BR,1BA$785
Country Falls ApartmentsTwo Bedroom2BR,1BA$795
206 Klinewoods RdEntire House4BR,2BA$890
111 Osmun Place - See DetailsFull 5 Bedroom Apartment 25BR,1BA$1,050
West Village Apartments2 Beds, 1 bath2BR,1BA$1,113
Spring Meadows2bd Ranch2BR,1BA$1,225
Lansing West ApartmentsThe Otisco1BR,1BA$1,371
Campus Hill Apartments4BR/1BA4BR,1BA$1,371

Best Value Apartments for Rent in Lakemont, NY and Nearby

As of August 07, 2026 the best value apartment in the Lakemont area is the $0.33 price per square foot Entire House Model at 206 Klinewoods Rd in the in the West End neighborhood starting from $890. The second greatest value Lakemont apartment is the Full 3 Bedroom Apartment 4 Model at 111 Osmun Place - See Details starting at $1,050 with a $0.58 price per square foot in the Ithaca neighborhood. Here is today’s list of the best values for Lakemont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
206 Klinewoods RdEntire House4BR,2.5BA$0.33
111 Osmun Place - See DetailsFull 3 Bedroom Apartment 43BR,1BA$0.58
Ravenwood ApartmentsRoom-by-Room Rentals Available at Ravenwood – U...5BR,2BA$0.44
Spring Meadows2bd Ranch2BR,1BA$1.00
West Village Apartments3 Beds, 1 bath3BR,1BA$1.23
306 Highland Rd3 Bedrooms3BR,1BA$0.73
Country Falls ApartmentsTwo Bedroom2BR,1BA$0.91
Linderman Creek2 Bedroom2BR,1BA$1.72
Montour Family Apartments1 bedroom 1bath1BR,1BA$1.08
St Marks Terrace Dundee1 bed 1 bath1BR,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.

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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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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 Lakemont, NY Rentals by Map

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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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.