
Cheap Apartments for Rent in the Lakemont Neighborhood of Richmond, TX from $1,000 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakemont area of Richmond.

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.

Marquis Grand Lakes
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Cortland Lakemont
Lakemont, Richmond, TX Local Guide

How much does it cost to rent an apartment in Lakemont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakemont 1 Bedroom Apartments | $1,406 | $1,027 | $2,091 |
Lakemont 2 Bedroom Apartments | $1,876 | $1,408 | $3,191 |
Lakemont 3 Bedroom Apartments | $2,497 | $1,876 | $4,863 |
Lakemont 4 Bedroom Apartments | $2,110 | $2,110 | $2,110 |
Explore Richmond
Lakemont, Richmond, TX Local Guide
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Best Value Apartments for Rent in Lakemont, TX
As of June 20, 2025 the best value apartment in the Lakemont area is the $1.58 price per square foot B2 Model at Waterstone at Cinco Ranch in the in the Cinco SW Sterling neighborhood starting from $1,729. The second greatest value Lakemont apartment is the 1B Model at Marquis Grand Lakes starting at $1,267 with a $1.76 price per square foot in the Cinco SW Sterling neighborhood. Here is today’s list of the best values for Lakemont apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Waterstone at Cinco Ranch | B2 | 2BR,2BA | $1.58 |
Marquis Grand Lakes | 1B | 1BR,1BA | $1.76 |
Allora Cinco Ranch | A1 | 1BR,1BA | $1.87 |
Haven at Bellaire | A2 | 1BR,1BA | $1.76 |
Ivy Point Richmond | Holly | 1BR,1BA | $2.14 |
Cortland Lakemont | Bastrop | 1BR,1BA | $1.73 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleLakemont, Richmond, TX
Ranked #12
Among neighborhoods in Richmond, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Lakemont Neighborhood in Richmond, TX
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lakemont Apartments
What is the price of a cheap apartment in Lakemont?
The cheapest apartment in Lakemont is Allora Cinco Ranch which is listed at $1,119, while the average apartment in Lakemont costs $3,600.
What types of apartments are the cheapest in Lakemont?
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 41 regular apartments in Lakemont that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lakemont?
Cheap apartments in Lakemont have an average cost of $321 which is $3,279 cheaper than the average rent for all rentals in Lakemont.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Houston, TX
Written by: Lori Rosario
Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.