Cheap Apartments for Rent in the Lakewood Neighborhood of Saint Petersburg, FL from $1,000 (13 Rentals)

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2629 4th St S
Studio Apartments

2629 4th St S

2629 4th St SSt. Petersburg, FL 33705

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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Paradise Bayou
1 to 2 Bedroom Apartments

Paradise Bayou

3220 6th St SSt. Petersburg, FL 33705
  • Utilities Included
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The Morgan
1 to 3 Bedroom Apartments

The Morgan

5473 27th St SSt. Petersburg, FL 33712
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Oak Park Villas
2 Bedroom Apartments

Oak Park Villas

4701 31st StSt. Petersburg, FL 33714

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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Lakeside Manor
1 to 2 Bedroom Apartments

Lakeside Manor

3600 9th St SSt. Petersburg, FL 33705
  • Utilities Included

Lakewood, St. Petersburg, FL Local Guide

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 Eveningside Apartments priced from $1,050. 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 ListingModel NameBed/BathPriced From
Eveningside Apartments1 BR/ 1 BATH1BR,1BA$1,050
The Avalon- SabalFirst month half off! Renovated Apartments!1BR,1BA$1,395
Enclave at Sabal Pointe Apartments2 bedroom 2 bath Apartment with 1200 Square Fee...2BR,2BA$1,579
Lake Maggiore ApartmentsA11BR,1BA$1,985
Sur ClubB32BR,2BA$2,300

Best Value Apartments for Rent in Lakewood, FL

As of November 17, 2025 the best value apartment in the Lakewood area is the $2.58 price per square foot C1 Model at Sur Club in the in the Bayview neighborhood starting from $3,400. The second greatest value Lakewood apartment is the 2 bedrooms 2 bathrooms Upgraded with 1200 Squar... Model at Enclave at Sabal Pointe Apartments starting at $1,629 with a $1.36 price per square foot in the Bayview neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sur ClubC13BR,2BA$2.58
Enclave at Sabal Pointe Apartments2 bedrooms 2 bathrooms Upgraded with 1200 Squar...2BR,2BA$1.36
Bayou Court ApartmentsBayou2BR,2BA$2.24
Lake Maggiore ApartmentsA11BR,1BA$3.20
The Avalon- SabalGreat place! Great rates!3BR,1BA$3.15
Eveningside Apartments1 BR/ 1 BATH1BR,1BA$1.82

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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
Lakewood, Saint Petersburg, FL

Ranked #104

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Lakewood Neighborhood in Saint Petersburg, FL

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lakewood Apartments

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Eveningside Apartments which is listed at $1,050, while the average apartment in Lakewood costs $2,475.

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 $177 which is $2,298 cheaper than the average rent for all rentals in Lakewood.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.