
Cheap Apartments for Rent in the Old Lakewood City Neighborhood of Long Beach, CA from $1,600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Lakewood City area of Long Beach.


Clair Del and Clair Del Gardens

The Hive @ Market

Paloma
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the HIVE @ Ackerfield (5565 Ackerfield)

Seaport Village

Artesia Crossings

Lakewood Manor Apartment Homes
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Old Lakewood City, Long Beach, CA Local Guide

How much does it cost to rent an apartment in Old Lakewood City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Lakewood City Studio Apartments | $1,810 | $1,625 | $2,230 |
| Old Lakewood City 1 Bedroom Apartments | $2,160 | $1,795 | $2,592 |
| Old Lakewood City 2 Bedroom Apartments | $2,676 | $2,100 | $3,092 |
| Old Lakewood City 3 Bedroom Apartments | $2,905 | $2,600 | $3,075 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Old Lakewood City Neighborhood of Long Beach, CA.
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Old Lakewood City, Long Beach, CA Local Guide
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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. The Hive @ Market has the second lowest priced unit, which is a Studio apartment currently listed from $1,745. Here are the most affordable Old Lakewood City apartments for rent in Long Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Villa Apartments | Studio 1 BA | Studio,1BA | $1,625 |
| The Hive @ Market | LAVENDER STUDIO | Studio,1BA | $1,745 |
| the HIVE @ Ackerfield (5565 Ackerfield) | Lily Hybrid | 1BR,1BA | $1,795 |
Best Value Apartments for Rent in Old Lakewood City, CA
As of January 07, 2026 the best value apartment in the Old Lakewood City area is the $2.71 price per square foot PALO VERDE Model at the HIVE @ Ackerfield (5565 Ackerfield) in the in the Lakewood Mutuals neighborhood starting from $2,895. The second greatest value Old Lakewood City apartment is the 2 x 1.5 Townhome Model at Patio Gardens starting at $2,845 with a $2.81 price per square foot in the Los Altos neighborhood. Here is today’s list of the best values for Old Lakewood City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| the HIVE @ Ackerfield (5565 Ackerfield) | PALO VERDE | 3BR,2BA | $2.71 |
| Patio Gardens | 2 x 1.5 Townhome | 2BR,1.5BA | $2.81 |
| Park Montair | 2 + 2 Up | 2BR,2BA | $2.63 |
| Clair Del and Clair Del Gardens | Two Bedroom One Bath | 2BR,1BA | $2.73 |
| The 5800 Apartment Homes | 22B | 2BR,2BA | $3.16 |
| The Heights at Signal Hill | 22LB | 2BR,2BA | $3.25 |
| Artesia Crossings | 1+1 | 1BR,1BA | $3.29 |
| Vio Cerritos | 1 Bed 1 Bath | 1BR,1BA | $3.57 |
| Paloma | S1 | Studio ,1BA | $2.99 |
| Seaport Village | 1 Bedroom 1 Bath Plan B | 1BR,1BA | $3.21 |
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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Pet Friendly LifestyleOld Lakewood City, Long Beach, CA
Ranked #6
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $2,230.
What is the price of a cheap apartment in Old Lakewood City?
The cheapest apartment in Old Lakewood City is the HIVE @ Ackerfield (5565 Ackerfield) which is listed at $1,795, while the average apartment in Old Lakewood City costs $2,972.
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 16 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!