
Cheap Apartments for Rent near Lockwood, NY from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Lockwood.


Montour Family Apartments

St. Patrick's Apartments

West Village Apartments

36 German Cross Rd

Quarry St. Apartments

Horseheads Village 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.

Total Monthly Price
401 Maple Ave Utilities Included

130 Temple St

Center Ithaca

Commons West

Jailhouse & Sheriff's Apartments 176 Main St.

Hickory Grove Apartments

100 West Water Apartments
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.

Colonial Manor Apartments

105 Valentine Pl

1421 King Hill Rd

514 W 1st St

Hudson Heights Studios Utilities Included

622-632-632 Lewis St

514 W State 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.

355 W Clinton St

226 W Miller St

315 E Water St

Harolds Square

Bottchers Landing

202 Franklin St

357 W Clinton St
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.
Lockwood, NY Local Guide

How much does it cost to rent an apartment in Lockwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockwood Studio Apartments | $2,273 | $1,395 | $3,670 |
| Lockwood 1 Bedroom Apartments | $2,245 | $750 | $3,451 |
| Lockwood 2 Bedroom Apartments | $2,877 | $795 | $5,280 |
| Lockwood 3 Bedroom Apartments | $2,798 | $1,000 | $3,900 |
| Lockwood 4 Bedroom Apartments | $3,716 | $1,435 | $4,600 |
Browse Top Apartments in Lockwood
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Lockwood, NY Local Guide
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Cheapest Available Lockwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Lockwood, NY is a 1 Bed unit found at Montour Family Apartments priced from $785. Country Falls Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Lockwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $785 |
| Country Falls Apartments | Two Bedroom | 2BR,1BA | $795 |
| St. Patrick's Apartments | Senior 1B | 1BR,1BA | $902 |
| 36 German Cross Rd | 1 BR, 1 BA | 1BR,1BA | $950 |
| Quarry St. Apartments | 3BR/1.0BA | 3BR,1BA | $1,000 |
| West Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,041 |
| 401 Maple Ave Utilities Included | 2A | 1BR,1BA | $1,150 |
| Commons West | Studio | Studio,1BA | $1,395 |
| Jailhouse & Sheriff's Apartments 176 Main St. | Two Bedroom 1.5 Bath | 2BR,1BA | $1,395 |
| Colonial Manor Apartments | 1x1 913 | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Lockwood, NY and Nearby
As of July 09, 2026 the best value apartment in the Lockwood area is the $0.39 price per square foot 4BR 2 Bathroom Model at 212 Giles St Furnished Free Parking in the in the Ithaca neighborhood starting from $700. The second greatest value Lockwood apartment is the Two Bedroom 1.5 Bath Model at Jailhouse & Sheriff's Apartments 176 Main St. starting at $1,395 with a $1.13 price per square foot in the Tioga County neighborhood. Here is today’s list of the best values for Lockwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 212 Giles St Furnished Free Parking | 4BR 2 Bathroom | 4BR,2BA | $0.39 |
| Jailhouse & Sheriff's Apartments 176 Main St. | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.13 |
| West Village Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.15 |
| Quarry St. Apartments | 3BR/1.0BA | 3BR,1BA | $0.87 |
| 107 Elmwood 7 Minute Walk to Campus! | College Ave 3bed 1bath | 3BR,1BA | $0.96 |
| St. Patrick's Apartments | Senior 1B | 1BR,1BA | $0.90 |
| 36 German Cross Rd | 1 BR, 1 BA | 1BR,1BA | $1.00 |
| Country Falls Apartments | Two Bedroom | 2BR,1BA | $0.91 |
| 401 Maple Ave Utilities Included | 1A 1Bed 1 Bath | 1BR,1BA | $1.64 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $1.14 |
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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lockwood, NY Rentals by Map
See the most popular apartments and homes in Lockwood, NY
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 Commons West listed at $1,395.
How much is rent for a Cheap One Bedroom Lockwood Apartment?
The lowest price for a Cheap One Bedroom Lockwood Apartment is $785 at Montour Family 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 $795 at Country Falls Apartments.
What is the most affordable Lockwood Three Bedroom Apartment?
The best deal on a cheap Lockwood Three Bedroom Apartment rental is at Quarry St. Apartments and starts from $1,000.
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

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.

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.