Cheap Apartments for Rent near Lockwood, NY from $675 (27 Rentals)

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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.

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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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514 W State St
1 Bedroom Apartments

514 W State St

514 W State StIthaca, NY 14850
  • 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.

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130 Temple St
Studio to 1 Bedroom Apartments

130 Temple St

130 Temple StOwego, NY 13827
  • Utilities Included
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315 E Water St
1 to 2 Bedroom Apartments

315 E Water St

315 E Water StElmira, NY 14901
  • Utilities Included
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Harolds Square
Studio to 2 Bedroom Apartments

Harolds Square

125 E State StIthaca, NY 14850
  • Utilities Included
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Bottchers Landing
2 to 3 Bedroom Apartments

Bottchers Landing

500 Bottchers DrBig Flats, NY 14814
  • 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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Showing Results 1-27, Page 1 of 1

Lockwood, NY Local Guide

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 ListingModel NameBed/BathPriced From
Montour Family Apartments1 bedroom 1bath1BR,1BA$785
Country Falls ApartmentsTwo Bedroom2BR,1BA$795
St. Patrick's ApartmentsSenior 1B1BR,1BA$902
Quarry St. Apartments3BR/1.0BA3BR,1BA$1,000
36 German Cross Rd Utilities Included!1 BR, 1 BA1BR,1BA$1,000
West Village Apartments2 Beds, 1 bath2BR,1BA$1,113
Commons WestStudioStudio,1BA$1,395
Colonial Manor Apartments1x1 9131BR,1BA$1,495
City View ApartmentsY SeriesStudio,1BA$1,575
Center Ithaca1BR/1.0BA1BR,1BA$1,625

Best Value Apartments for Rent in Lockwood, NY and Nearby

As of August 24, 2026 the best value apartment in the Lockwood area is the $0.43 price per square foot 3 Bedroom 2 Bath Model at 212 Giles St Furnished Free Parking in the in the Ithaca neighborhood starting from $780. The second greatest value Lockwood apartment is the Oak Model at Stillwaters, Hickory Grove Apartments starting at $2,025 with a $1.48 price per square foot . 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.
212 Giles St Furnished Free Parking3 Bedroom 2 Bath3BR,2BA$0.43
Stillwaters, Hickory Grove ApartmentsOak3BR,2BA$1.48
West Village Apartments3 Beds, 1 bath3BR,1BA$1.23
100 West Water Apartments2 Bedroom2BR,2BA$1.73
107 Elmwood 7 Minute Walk to Campus!College Ave 3bed 1bath3BR,1BA$0.96
36 German Cross Rd Utilities Included!1 BR, 1 BA1BR,1BA$1.00
St. Patrick's ApartmentsSenior 1B1BR,1BA$0.90
Colonial Manor Apartments2x2 1000 w/ Attached Garage2BR,2BA$1.80
Country Falls ApartmentsTwo Bedroom2BR,1BA$0.91
Montour Family Apartments1 bedroom 1bath1BR,1BA$1.08

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, NY Rentals by Map

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See the most popular apartments and homes in Lockwood, NY

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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 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

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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.