Cheap Apartments for Rent in the Lakewood Neighborhood of Saint Petersburg, FL from $1,000 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood area of Saint Petersburg.

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Paradise Bayou
1 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

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.

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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Oak Park Villas
2 Bedroom Apartments

Oak Park Villas

4701 31st StSt. Petersburg, FL 33714
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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 The Avalon- Sabal priced from $1,395. Enclave at Sabal Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,485. Here are the most affordable Lakewood apartments for rent in St. Petersburg, FL:

Apartment ListingModel NameBed/BathPriced From
The Avalon- SabalFirst month half off! Renovated Apartments!1BR,1BA$1,395
Enclave at Sabal Pointe Apartments1 bedroom 1 bath Apartment Renovated with 870 S...1BR,1BA$1,485
Bayou Court ApartmentsBayou2BR,2BA$1,878
Lake Maggiore ApartmentsB12BR,2BA$2,200
Sur ClubB32BR,2BA$2,400

Best Value Apartments for Rent in Lakewood, FL

As of August 30, 2025 the best value apartment in the Lakewood area is the $2.04 price per square foot B3 Model at Sur Club in the in the Bayview neighborhood starting from $2,400. The second greatest value Lakewood apartment is the B3 Model at Lake Maggiore Apartments starting at $2,395 with a $2.09 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sur ClubB32BR,2BA$2.04
Lake Maggiore ApartmentsB32BR,2BA$2.09
Bayou Court ApartmentsBayou2BR,2BA$1.79
Enclave at Sabal Pointe Apartments1 bedroom 1 bath Apartment Renovated with 870 S...1BR,1BA$1.71
The Avalon- SabalGreat place! Great rates!3BR,1BA$3.15

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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

How much is rent for a Cheap One Bedroom Lakewood Apartment?

The lowest price for a Cheap One Bedroom Lakewood Apartment is $1,395 at The Avalon- Sabal.

What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,750 at Enclave at Sabal Pointe Apartments.

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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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.