
Cheap Apartments for Rent in the Lakewood Neighborhood of Saint Petersburg, FL from $1,000 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Saint Petersburg.


Sur Club

Enclave at Sabal Pointe Apartments

The Avalon- Sabal

2629 4th St S

Lake Side Manor Apartments
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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.

Paradise Bayou

The Morgan

Eveningside Apartments

The Atlas Apartments- Sabal

Oasis Palms Apartments

Oak Park Villas
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.

Lakeside Manor
Lakewood, St. Petersburg, FL Local Guide

How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,025 | $1,025 | $1,025 |
| Lakewood 1 Bedroom Apartments | $1,729 | $1,150 | $2,240 |
| Lakewood 2 Bedroom Apartments | $2,504 | $1,529 | $3,620 |
| Lakewood 3 Bedroom Apartments | $2,375 | $1,885 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Saint Petersburg, FL.
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Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lakewood area of St. Petersburg, FL is a 1 Bed unit found at Enclave at Sabal Pointe Apartments priced from $1,224. The Avalon- Sabal has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here are the most affordable Lakewood apartments for rent in St. Petersburg, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Enclave at Sabal Pointe Apartments | 1 bedroom 1 bath Apartment with 870 Square Feet... | 1BR,1BA | $1,224 |
| The Avalon- Sabal | First month half off! Renovated Apartments! | 1BR,1BA | $1,395 |
| Lake Maggiore | A2 | 1BR,1BA | $1,770 |
| Sur Club | B3 | 2BR,2BA | $2,300 |
| Bayou Court Apartments | Bayou | 2BR,2BA | $2,350 |
Best Value Apartments for Rent in Lakewood, FL
As of January 15, 2026 the best value apartment in the Lakewood area is the $2.46 price per square foot C1 Model at Sur Club in the in the Bayview neighborhood starting from $3,250. The second greatest value Lakewood apartment is the Bayou Model at Bayou Court Apartments starting at $2,350 with a $2.24 price per square foot in the Highland Oaks neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sur Club | C1 | 3BR,2BA | $2.46 |
| Bayou Court Apartments | Bayou | 2BR,2BA | $2.24 |
| Enclave at Sabal Pointe Apartments | 1 bedroom 1 bath Apartment with 870 Square Feet... | 1BR,1BA | $1.41 |
| The Avalon- Sabal | Great place! Great rates! | 3BR,1BA | $3.15 |
| Lake Maggiore | A1 | 1BR,1BA | $3.20 |
Frequently Asked Questions about Cheap Lakewood Apartments
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Enclave at Sabal Pointe Apartments which is listed at $1,224, while the average apartment in Lakewood costs $2,675.
What types of apartments are the cheapest in Lakewood?
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 2 regular apartments in Lakewood 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 Lakewood?
Cheap apartments in Lakewood have an average cost of $325 which is $2,350 cheaper than the average rent for all rentals in Lakewood.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!