Cheap Apartments for Rent near Lockwood, CA from $400 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Casa Nueva
Studio to 2 Bedroom Apartments

Casa Nueva

241 E Glenn AveCoalinga, CA 93210
  • Utilities Included

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.

Read Article
close
View Me
River Walk Terrace
1 to 2 Bedroom Apartments

River Walk Terrace

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

923 Walnut

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

University Chorro Commons

263 N ChorroSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included
close
View Me
Roundhouse Place
Studio to 3 Bedroom Apartments

Roundhouse Place

2220-2224 Emily StSan Luis Obispo, CA 93401
close
View Me
Harvest Lofts
Studio to 1 Bedroom Apartments

Harvest Lofts

845 Madonna RdSan Luis Obispo, CA 93405
  • 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.

Read Article
close
View Me
Las Lomas Village
1 to 3 Bedroom Apartments

Las Lomas Village

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

Reserve at Vinedo

1573 Parkview LnPaso Robles, CA 93446
close
View Me
742 Boysen Ave
2 Bedroom Apartments

742 Boysen Ave

742 Boysen AveSan Luis Obispo, CA 93405

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.

Read Article
close
View Me
421 Dana St
1 to 2 Bedroom Apartments

421 Dana St

421 Dana StSan Luis Obispo, CA 93401
Showing Results 1-42, 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. Villa Paseo Palms in the Paso Robles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,556. 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
Villa Paseo PalmsOne Bedroom1BR,1BA$1,556
Pointe at WestlakeAbby StudioStudio,1BA$1,861
Laguna Terrace ApartmentsTwo/One2BR,1BA$1,950
240 Spring StreetDowntown Paso Robles 2 Bedroom 1 Bathroom with ...2BR,1BA$2,050
Dry Creek Apartments2x12BR,1BA$2,125
Irish Hills Hamlet Apartments1BR/1.0BA1BR,1BA$2,150
2710 Spyglass DrN1BR,1BA$2,200
Arrive Paso RoblesThe Isabella1BR,1BA$2,260
Cypress LandingPlan A1BR,1BA$2,319

Best Value Apartments for Rent in Lockwood, CA and Nearby

As of August 07, 2026 the best value apartment in the Lockwood area is the $2.57 price per square foot 2BR/1.5BA Model at Emerald Ridge Apartments in the in the Morro Bay Cayucos Cambria neighborhood starting from $3,050. The second greatest value Lockwood apartment is the The Pinot Gris Model at Blue Oak starting at $2,714 with a $2.58 price per square foot in the Paso Robles 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.
Emerald Ridge Apartments2BR/1.5BA2BR,1.5BA$2.57
Blue OakThe Pinot Gris2BR,2BA$2.58
Woodside Park2x1BR1T22BR,1BA$2.87
Peach Street2x1.52BR,1.5BA$2.80
Laguna Terrace ApartmentsTwo/One2BR,1BA$2.27
Palmer Villas Apartments1 Bed 1 Bath1BR,1BA$0.58
Dry Creek Apartments2x22BR,2BA$2.62
Irish Hills Hamlet Apartments1BR/1.0BA1BR,1BA$2.87
240 Spring StreetDowntown Paso Robles 2 Bedroom 1 Bathroom with ...2BR,1BA$2.73
Villa Paseo PalmsOne Bedroom1BR,1BA$2.69

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
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lockwood, CA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lockwood, CA

View Map
Lockwood, CA Apartments Map
View Map
Lockwood, CA Rental Homes Map

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 Pointe at Westlake listed at $1,861.

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 $1,681 at Villa Paseo Palms.

What is the most affordable Lockwood Three Bedroom Apartment?

The best deal on a cheap Lockwood Three Bedroom Apartment rental is at Irish Hills Hamlet Apartments and starts from $3,000.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.