Cheap Apartments for Rent in the Lakewood Neighborhood of Tallahassee, FL from $600 (30 Rentals)

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

property at 2150 Saxon St

$825

2 Bedroom Rentals

Available Now

2150 Saxon St

TallahasseeFL32310

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Magnolia Courts
1 to 2 Bedroom Apartments

Magnolia Courts

1525-1541 Mccaskill AveTallahassee, FL 32310
  • Utilities Included
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Lake Lodge
1 Bedroom Apartments

Lake Lodge

1320 Lake AveTallahassee, FL 32310
  • Utilities Included
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Palm Beach Apartments
1 to 2 Bedroom Apartments

Palm Beach Apartments

503 Palm Beach StTallahassee, FL 32310
  • Utilities Included

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Palm Beach Pointe
2 Bedroom Apartments

Palm Beach Pointe

635 Palm Beach StTallahassee, FL 32310
property at 1240 Levy Ave

$900 - $1,350

1 To 3 Bedroom Rentals

Available Now

1240 Levy Ave

TallahasseeFL32310
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Pebble Brooke
2 to 3 Bedroom Apartments

Pebble Brooke

931-963 Chase Creek CirTallahassee, FL 32311

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Ridge Road Flats
1 to 4 Bedroom Apartments

Ridge Road Flats

795 Ridge RdTallahassee, FL 32305
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Holton Apartments
2 to 3 Bedroom Apartments

Holton Apartments

2500 Holton StTallahassee, FL 32310
  • Utilities Included
property at 3000 S Adams St

$1,000 - $1,300

1 To 3 Bedroom Rentals

Available Now

3000 S Adams St

TallahasseeFL32301
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Sunrise Place
1 to 4 Bedroom Apartments

Sunrise Place

2525 Texas StTallahassee, 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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Oaks at Magnolia
1 to 4 Bedroom Apartments

Oaks at Magnolia

2202-2298 Magnolia CirTallahassee, FL 32301
  • Utilities Included

Lakewood, Tallahassee, FL Local Guide

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 Ashton Park Apartments priced from $799. Ashton Grove Apartments 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 ListingModel NameBed/BathPriced From
Ashton Park Apartments1/1L1BR,1BA$799
Ashton Grove Apartments1/1S1BR,1BA$799
Ironwood at LevyOne Bedroom One Bath1BR,1BA$850
The Greens at Old St. AugustineA150 - 1 Bedroom, 1 Bathroom1BR,1BA$1,012
Sunrise Place3x23BR,2BA$1,045
Ekos Magnolia OaksB1 - 602BR,2BA$1,115
Ridge Road FlatsA2 70%1BR,1BA$1,144
The Park at Bristol4 Bedroom / 4 Bathroom Silver4BR,4BA$1,300
The Cottages at Capital CircleTulsa3BR,2BA$2,399

Best Value Apartments for Rent in Lakewood, FL

As of April 25, 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 Tulsa Model at The Cottages at Capital Circle starting at $2,399 with a $1.66 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Park at Bristol4 Bedroom / 4 Bathroom Platinum4BR,4BA$0.95
The Cottages at Capital CircleTulsa3BR,2BA$1.66
Ekos Magnolia OaksB1 - 602BR,2BA$1.16
Ashton Park Apartments2/12BR,1BA$1.02
Sunrise Place2x22BR,2BA$1.73
The Greens at Old St. AugustineA180 - 1 Bedroom, 1 Bathroom1BR,1BA$1.36
Ridge Road FlatsA2 70%1BR,1BA$1.62
Ironwood at LevyOne Bedroom One Bath1BR,1BA$1.42
Ashton Grove Apartments1/1S1BR,1BA$1.78

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Frequently Asked Questions about Cheap Lakewood Apartments

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Ashton Park Apartments which is listed at $799, while the average apartment in Lakewood costs $2,399.

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 14 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 $357 which is $2,042 cheaper than the average rent for all rentals in Lakewood.

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

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.