Cheap Apartments for Rent in the Old Lakewood City Neighborhood of Long Beach, CA from $1,600 (28 Rentals)

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

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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5845 Cherry Ave, Unit A
$2,200
Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200
2 Bedroom Apartment Available Now

5845 Cherry Ave, Unit A

5845 Cherry AveLong Beach, CA 90805
Affordability

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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property at 3820 Clark Ave

$5,550

Total Monthly Price

Total Monthly Price

Base Rent
$5,550
Total Monthly Price
$5,550

4 Bedroom, 2 Bath Home for Rent

Available Now

3820 Clark Ave

Long BeachCA90808

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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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 1-28, Page 1 of 1

Old Lakewood City, Long Beach, CA Local Guide

Cheapest Available Old Lakewood City Apartments for Rent

 

The cheapest available apartment rental in the Old Lakewood City area of Long Beach, CA is a Studio unit found at Country Villa Apartments priced from $1,625. Southfield East & West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Old Lakewood City apartments for rent in Long Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Country Villa ApartmentsStudio 1 BAStudio,1BA$1,625
Southfield East & WestCLICK HERE >>MODERN STYLE 1 BR Apartment- 1 MON...1BR,1BA$1,750
The Hive @ MarketLAVENDER STUDIOStudio,1BA$1,845
PalomaS1Studio,1BA$1,895
Lakewood Manor Apartment HomesS1BStudio,1BA$1,910
Clair Del and Clair Del GardensStudioStudio,1BA$2,014
Park Del Amo ApartmentsS1AStudio,1BA$2,065
HathawayThe Ridge Renovated1BR,1BA$2,120

Best Value Apartments for Rent in Old Lakewood City, CA

As of June 04, 2026 the best value apartment in the Old Lakewood City area is the $2.52 price per square foot 2 Bedroom 2 Bath Model at Seaport Village in the in the Lakewood Mutuals neighborhood starting from $2,726. The second greatest value Old Lakewood City apartment is the 2 Bedroom 2 Bath Model at Tuscany Apartments starting at $2,695 with a $2.64 price per square foot in the Old Lakewood City 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.
Seaport Village2 Bedroom 2 Bath2BR,2BA$2.52
Tuscany Apartments2 Bedroom 2 Bath2BR,2BA$2.64
Patio Gardens2 x 1.5 Townhome2BR,1.5BA$2.81
Lakewood Colony ApartmentsFully renovated 2 Bedroom 2 Bath cozy apartment...2BR,2BA$2.72
The 5800 Apartment Homes22A2BR,2BA$3.27
Park Montair1+1 Dn1BR,1BA$2.62
5845 Cherry Ave, Unit A5845 Cherry Ave2BR,1BA$2.75
Southfield East & WestCLICK HERE >>MODERN STYLE 1 BR Apartment- 1 MON...1BR,1BA$2.62
PalomaS1Studio ,1BA$3.16
The Hive @ MarketLAVENDER STUDIOStudio ,1BA$3.88

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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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.

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Pet Friendly Lifestyle
Old Lakewood City, Long Beach, CA

Ranked #14

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $2,120.

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

The cheapest apartment in Old Lakewood City is Southfield East & West which is listed at $1,750, while the average apartment in Old Lakewood City costs $3,621.

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 5 regular apartments in Old Lakewood City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.