Cheap Apartments for Rent in the Old Lakewood City Neighborhood of Lakewood, CA from $1,200 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Lakewood City area of Lakewood.

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Bellflower Investments
1 to 2 Bedroom Apartments

Bellflower Investments

4675 N Bellflower BlvdLong Beach, CA 90808
  • Utilities Included
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Old Lakewood City, Lakewood, CA Local Guide

Cheapest Available Old Lakewood City Apartments for Rent

 

The cheapest available apartment rental in the Old Lakewood City area of Los Angeles, CA is a Studio unit found at Country Villa Apartments priced from $1,625. The Hive @ Market has the second lowest priced unit, which is a Studio apartment currently listed from $1,745. Here are the most affordable Old Lakewood City apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Country Villa ApartmentsStudio 1 BAStudio,1BA$1,625
The Hive @ MarketLAVENDER STUDIOStudio,1BA$1,745
Clair Del and Clair Del GardensStudioStudio,1BA$1,756
the HIVE @ Ackerfield (5565 Ackerfield)Lily Hybrid1BR,1BA$1,795
PalomaS1Studio,1BA$1,795

Best Value Apartments for Rent in Old Lakewood City, CA

As of November 19, 2025 the best value apartment in the Old Lakewood City area is the $2.81 price per square foot 2 x 1.5 Townhome Model at Patio Gardens in the in the Los Altos neighborhood starting from $2,845. The second greatest value Old Lakewood City apartment is the 2 + 2 Up Model at Park Montair starting at $2,575 with a $2.63 price per square foot in the Lakewood Village neighborhood. Here is today’s list of the best values for Old Lakewood City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Patio Gardens2 x 1.5 Townhome2BR,1.5BA$2.81
Park Montair2 + 2 Up2BR,2BA$2.63
3361 E Andy St, Unit 13361 E Andy St2BR,1.5BA$2.11
The 5800 Apartment Homes22B2BR,2BA$3.16
Vio Cerritos1 Bed 1 Bath1BR,1BA$3.12
the HIVE @ Ackerfield (5565 Ackerfield)Lily Hybrid1BR,1BA$2.69
Seaport Village2 Bedroom 1 Bath Plan A2BR,1BA$3.31
PalomaS1Studio ,1BA$2.99
Clair Del and Clair Del GardensStudioStudio ,1BA$3.51
The Hive @ MarketLAVENDER STUDIOStudio ,1BA$3.67

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Pet Friendly Lifestyle
Old Lakewood City, Lakewood, CA

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Old Lakewood City, Lakewood, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Old Lakewood City Apartments

What is a cheap apartment in Old Lakewood City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Lakewood City is under $1,875.

What is the price of a cheap apartment in Old Lakewood City?

The cheapest apartment in Old Lakewood City is the HIVE @ Ackerfield (5565 Ackerfield) which is listed at $1,795, while the average apartment in Old Lakewood City costs $2,680.

What types of apartments are the cheapest in Old Lakewood City?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Old Lakewood City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Old Lakewood City?

Cheap apartments in Old Lakewood City have an average cost of $904 which is $1,776 cheaper than the average rent for all rentals in Old Lakewood City.

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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