Cheap Apartments for Rent in Lockwood, CA from $400 (38 Rentals)

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

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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Casa Nueva
Studio to 2 Bedroom Apartments

Casa Nueva

241 E Glenn AveCoalinga, CA 93210
  • Utilities Included

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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River Walk Terrace
1 to 2 Bedroom Apartments

River Walk Terrace

120 Niblick RdPaso Robles, CA 93446
Senior Living
  • Utilities Included
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923 Walnut
1 Bedroom Apartments

923 Walnut

923 Walnut AveGreenfield, CA 93927
Corporate Housing
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University Chorro Commons
1 to 2 Bedroom Apartments

University Chorro Commons

263 N ChorroSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included
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Paso de Oak
1 to 3 Bedroom Apartments

Paso de Oak

3548 Oak StPaso Robles, CA 93446
  • Utilities Included

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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Harvest Lofts
Studio to 1 Bedroom Apartments

Harvest Lofts

845 Madonna RdSan Luis Obispo, CA 93405
  • Utilities Included
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Roundhouse Place
Studio to 3 Bedroom Apartments

Roundhouse Place

2220-2224 Emily StSan Luis Obispo, CA 93401
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2710 Spyglass Dr
1 Bedroom Apartments

2710 Spyglass Dr

2710 Spyglass DrShell Beach, CA 93449
  • Utilities Included
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Las Lomas Village
1 to 3 Bedroom Apartments

Las Lomas Village

9245 Ciruela WayAtascadero, CA 93422
  • Utilities Included
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Reserve at Vinedo
1 to 3 Bedroom Apartments

Reserve at Vinedo

1573 Parkview LnPaso Robles, CA 93446

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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Showing Results 1-38, Page 1 of 1

Lockwood, CA Local Guide

Cheapest Available Lockwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lockwood, CA is a 1 Bed unit found at Palmer Villas Apartments priced from $495. Coaling Station B has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Lockwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Palmer Villas Apartments1 Bed 1 Bath1BR,1BA$495
Coaling Station B2 Bedroom 1 Bathroom2BR,1BA$1,100
WinemanThird FloorStudio,1BA$1,250
Mustang I Townhome4x1 Flat4BR,1BA$1,380
Villa Paseo PalmsStudioStudio,1BA$1,396
Bordeaux House Apartments212BR,1BA$1,965
Avila Apartments in Downtown SLOAvila StudioStudio,1BA$1,975
Alturas Paso Robles Apartment Homes1/1A1BR,1BA$2,000
Dry Creek Apartments2x12BR,1BA$2,125
Pointe at WestlakeTrinity1BR,1BA$2,157

Best Value Apartments for Rent in Lockwood, CA and Nearby

As of May 07, 2026 the best value apartment in the Lockwood area is the $2.97 price per square foot 2 Bedroom 2 Bath Model at Villa Del Rio in the in the The Summit neighborhood starting from $2,895. The second greatest value Lockwood apartment is the Two Bedroom Apartment Model at ReNew Atascadero starting at $2,730 with a $2.83 price per square foot in the Atascadero Templeton neighborhood. Here is today’s list of the best values for Lockwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa Del Rio2 Bedroom 2 Bath2BR,2BA$2.97
ReNew AtascaderoTwo Bedroom Apartment2BR,2BA$2.83
The Oaks at JornadaRenovated, upstairs, lower deposit2BR,2BA$2.74
Palmer Villas Apartments1 Bed 1 Bath1BR,1BA$0.58
Bordeaux House Apartments212BR,1BA$2.31
Dry Creek Apartments2x12BR,1BA$2.50
Coaling Station B2 Bedroom 1 Bathroom2BR,1BA$1.33
Irish Hills Hamlet Apartments1BR/1.0BA1BR,1BA$2.93
Alturas Paso Robles Apartment Homes1/1A1BR,1BA$3.02
Villa Paseo PalmsStudioStudio ,1BA$3.10

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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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 Lockwood, CA Rentals by Map

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See the most popular apartments and homes in Lockwood, CA

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Frequently Asked Questions about Cheap Lockwood Apartments

What is the Cheapest Studio apartment in Lockwood?

Currently the most affordable Cheap Studio Apartment in Lockwood is at Artisan Apartments listed at $1,099.

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

The lowest price for a Cheap One Bedroom Lockwood Apartment is $495 at Palmer Villas Apartments.

What is the lowest price for a Cheap Two Bedroom Lockwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lockwood is starting from $634 at Palmer Villas Apartments.

What is the most affordable Lockwood Three Bedroom Apartment?

The best deal on a cheap Lockwood Three Bedroom Apartment rental is at Palmer Villas Apartments and starts from $685.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.