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Altura Student Living
400 Putnam DrTallahassee, FL 32301
Cheap Apartments for Rent in the Lakewood Neighborhood of Tallahassee, FL from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Tallahassee.
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from $8121 to 3 Bedroom Apartments Available Now
The Greens at Old St. Augustine
2001 Old Saint Augustine RdTallahassee, FL 32301
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Ashton Grove Apartments
1554 Lake AveTallahassee, FL 32310
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Ashton Park Apartments
1619 Lake AveTallahassee, FL 32310
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from $8151 to 3 Bedroom Apartments Available Now
Gardens at South City
2712 Country Club DrTallahassee, FL 32301
Tallahassee's Best Affordable Neighborhoods
Learn about Tallahassee and the best places to live with original content written by Local Expert Allaire Williams
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from $9001 to 3 Bedroom Apartments Available Now
Talla-Villa Apartments
925 E Magnolia DrTallahassee, FL 32301
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5246 Montejo Dr
TallahasseeFL32305
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
2110 Keith St
TallahasseeFL32310
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206 Ridge Rd
TallahasseeFL32305
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-17, Page 1 of 1
Lakewood, Tallahassee, FL Local Guide
How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,033 | $985 | $1,099 |
| Lakewood 1 Bedroom Apartments | $1,144 | $650 | $2,070 |
| Lakewood 2 Bedroom Apartments | $1,422 | $970 | $2,662 |
| Lakewood 3 Bedroom Apartments | $1,817 | $1,110 | $3,643 |
| Lakewood 4 Bedroom Apartments | $1,662 | $1,432 | $1,781 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Tallahassee, FL.
See all Apartments in TallahasseeExplore Tallahassee
Lakewood, Tallahassee, FL Local Guide
- Nearby Tallahassee neighborhoods
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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 Altura Student Living priced from $650. Ashton Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Lakewood apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Altura Student Living | Non Private Entrance | 1BR,1BA | $650 |
| Ashton Park Apartments | 1/1S | 1BR,1BA | $815 |
| Ashton Grove Apartments | 1/1S | 1BR,1BA | $815 |
| Gardens at South City | 1x1 | 1BR,1BA | $815 |
| Talla-Villa Apartments | 1 Bed, 1 bath | 1BR,1BA | $900 |
Best Value Apartments for Rent in Lakewood, FL
As of June 01, 2025 the best value apartment in the Lakewood area is the $1.10 price per square foot 3 Bedroom Duplex Model at Lakeside at Southwood in the in the Southwest Tallahassee neighborhood starting from $2,364. The second greatest value Lakewood apartment is the 4 Bedroom / 4 Bathroom Platinum Model at The Park at Bristol starting at $1,700 with a $1.13 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. |
|---|---|---|---|
| Lakeside at Southwood | 3 Bedroom Duplex | 3BR,2BA | $1.10 |
| The Park at Bristol | 4 Bedroom / 4 Bathroom Platinum | 4BR,4BA | $1.13 |
| University Courtyard | Classic Units | 4BR,2BA | $1.18 |
| Darryl Drive Duplex | A | 2BR,2BA | $1.41 |
| The Greens at Old St. Augustine | B1Mk - 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.17 |
| Twin Oaks at Southwood | Daylily | 1BR,1BA | $1.57 |
| Gardens at South City | 1x1 | 1BR,1BA | $0.99 |
| Park at Southwood | The Camellia | 1BR,1BA | $1.59 |
| The Residences at Whispering Pines | 2B/1.5B | 2BR,1.5BA | $1.58 |
| Talla-Villa Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.21 |
Quick Rent Budget Calculator
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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 LifestyleLakewood, Tallahassee, FL
Ranked #149
Among neighborhoods in Tallahassee, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Lakewood, Tallahassee, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Lakewood Apartments
What is a cheap apartment in Lakewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,025.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Altura Student Living which is listed at $650, while the average apartment in Lakewood costs $1,700.
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 92 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 $690 which is $1,010 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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.