
Cheap Apartments for Rent in the Lakewood Neighborhood of Tallahassee, FL from $600 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Tallahassee.


206 Ridge Rd, Unit Room #1

3721 Crawfordville Rd

Altura

1810 Pasco Ct

2007 Keith St, Unit 0803

2007 Keith St

2114 Main St
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Total Monthly Price
Ironwood at Levy

Ashton Park

2111 Owens St

Talla-Villa Apartments

1819 S Gadsden St

2250 Magnolia Cir

The Greens at Old St. Augustine

Magnolia Courts
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Ashton Grove

Lake Lodge

1111 E Paul Russell Rd

Palm Beach Apartments

Palm Beach Pointe

The Lakes at San Marcos Apartments

5015 Oleander Dr

1240 Levy Ave
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2218 Magnolia Cir

Pebble Brooke

Magnolia Terrace Apartments

Briarwood Apartments Phase I and II

1911 Pasco Ct

1539-15E1 Paul Russell Rd

3000 S Adams St

Holton Apartments
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Lakewood, Tallahassee, FL Local Guide

How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 1 Bedroom Apartments | $901 | $625 | $1,240 |
| Lakewood 2 Bedroom Apartments | $1,530 | $900 | $1,850 |
| Lakewood 3 Bedroom Apartments | $2,126 | $795 | $5,085 |
| Lakewood 4 Bedroom Apartments | $1,378 | $1,265 | $1,425 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Tallahassee, FL.
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Lakewood, Tallahassee, FL Local Guide
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Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lakewood area of Tallahassee, FL is a 1 Bed unit found at Ironwood at Levy priced from $795. Ashton Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Lakewood apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ironwood at Levy | One Bedroom One Bath | 1BR,1BA | $795 |
| Ashton Park | 1/1S | 1BR,1BA | $799 |
| Ashton Grove | 1/1S | 1BR,1BA | $799 |
| Capital Luxury Condominiumns | 1 Bedroom | 1BR,1BA | $1,020 |
| Sunrise Place | 3x2 | 3BR,2BA | $1,045 |
| The Greens at Old St. Augustine | A180 - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,113 |
| Ekos Magnolia Oaks | B1 - 60 | 2BR,2BA | $1,115 |
| Ridge Road Flats | A3 70% | 1BR,1BA | $1,144 |
| The Park at Bristol | 4 Bedroom / 4 Bathroom Silver | 4BR,4BA | $1,300 |
| SOMO | SoMo Monroe Classic | 4BR,2BA | $1,399 |
Best Value Apartments for Rent in Lakewood, FL
As of June 12, 2026 the best value apartment in the Lakewood area is the $0.95 price per square foot 4 Bedroom / 4 Bathroom Platinum Model at The Park at Bristol in the in the Southwest Tallahassee neighborhood starting from $1,425. The second greatest value Lakewood apartment is the B1 - 60 Model at Ekos Magnolia Oaks starting at $1,115 with a $1.16 price per square foot in the Southwest Tallahassee 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. |
|---|---|---|---|
| The Park at Bristol | 4 Bedroom / 4 Bathroom Platinum | 4BR,4BA | $0.95 |
| Ekos Magnolia Oaks | B1 - 60 | 2BR,2BA | $1.16 |
| Sunrise Place | 2x2 | 2BR,2BA | $1.73 |
| Kissimmee Apartments | 2 bed / 1 bath | 2BR,1BA | $1.99 |
| The Greens at Old St. Augustine | A180 - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.48 |
| Ridge Road Flats | A3 70% | 1BR,1BA | $1.62 |
| Ironwood at Levy | One Bedroom One Bath | 1BR,1BA | $1.33 |
| Ashton Park | 1/1S | 1BR,1BA | $1.71 |
| Ashton Grove | 1/1S | 1BR,1BA | $1.78 |
| SOMO | SoMo Monroe Classic Shared Upgraded | 1BR,1BA | $1.68 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Lakewood, Tallahassee, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Lakewood Apartments
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Ironwood at Levy which is listed at $795, while the average apartment in Lakewood costs $2,199.
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 5 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

The 10 Best Affordable Neighborhoods in Tallahassee
Written by: Allaire Williams
I’m Allaire, your ApartmentHomeLiving.com Local Expert for Tallahassee, Florida. I’ve been living here for the past 5 years and it seems to change by the month.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.