
Cheap Homes for Rent in Lakewood Neighborhood of Saint Petersburg, FL from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Saint Petersburg.


2820 8th St S

515 40th Ave S

1410 26th Ave S
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.

1410 26th Ave S

741 37th Ave S

2814 6th St S

509 29th Ave S
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.

5301 6th St S
Lakewood, St. Petersburg, FL Local Guide

How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,773 | $1,595 | $2,150 |
| Lakewood 3 Bedroom Homes for Rent | $2,623 | $1,785 | $3,450 |
| Lakewood 4 Bedroom Homes for Rent | $3,479 | $2,800 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Saint Petersburg, FL.
Explore Saint Petersburg
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 | $1,738 |
Best Value Apartments for Rent in Lakewood, FL
As of January 12, 2026 the best value apartment in the Lakewood area is the $2.24 price per square foot Bayou Model at Bayou Court Apartments in the in the Highland Oaks neighborhood starting from $2,350. The second greatest value Lakewood apartment is the 1 bedroom 1 bath Apartment with 870 Square Feet... Model at Enclave at Sabal Pointe Apartments starting at $1,224 with a $1.41 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 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 |
| Sur Club | A1A | 1BR,1BA | $2.69 |
| The Avalon- Sabal | Great place! Great rates! | 3BR,1BA | $3.15 |
| Lake Maggiore | A1 | 1BR,1BA | $3.20 |
Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 32 Apartments for Rent in Lakewood, FL with pricing that ranges from $1,025 to $3,620. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,595 to $4,500.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $1,595 to $4,500 with an average monthly rent of $2,468.
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!