206 Ridge Rd, Unit Room #1, Unit Room #1
206 Ridge Rd
TallahasseeFL32305
Cheap Homes for Rent in Lakewood Neighborhood of Tallahassee, FL from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Tallahassee.
5015 Oleander Dr
TallahasseeFL32305
1240 Levy Ave
TallahasseeFL32310
2218 Magnolia Cir
TallahasseeFL32301
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
3000 S Adams St
TallahasseeFL32301
541 Okaloosa St
TallahasseeFL32310
1261 E Orange Ave
TallahasseeFL32301
543 Okaloosa St
TallahasseeFL32310
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.
Showing Results 1-8, Page 1 of 1
Lakewood, Tallahassee, 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 | $1,362 | $895 | $2,300 |
| Lakewood 3 Bedroom Homes for Rent | $1,557 | $1,200 | $2,385 |
| Lakewood 4 Bedroom Homes for Rent | $2,450 | $1,600 | $3,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashton Park Apartments | 1/1L | 1BR,1BA | $799 |
| Ashton Grove Apartments | 1/1S | 1BR,1BA | $799 |
| Ironwood at Levy | One Bedroom One Bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Lakewood, FL
As of April 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Park at Bristol | 4 Bedroom / 4 Bathroom Platinum | 4BR,4BA | $0.95 |
| The Cottages at Capital Circle | Tulsa | 3BR,2BA | $1.66 |
| Ekos Magnolia Oaks | B1 - 60 | 2BR,2BA | $1.16 |
| Ashton Park Apartments | 2/1 | 2BR,1BA | $1.02 |
| Sunrise Place | 2x2 | 2BR,2BA | $1.73 |
| The Greens at Old St. Augustine | A180 - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.36 |
| Ridge Road Flats | A2 70% | 1BR,1BA | $1.62 |
| Ironwood at Levy | One Bedroom One Bath | 1BR,1BA | $1.42 |
| Ashton Grove Apartments | 1/1S | 1BR,1BA | $1.78 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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Best Local Schools in Lakewood, Tallahassee, FL
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 81 Apartments for Rent in Lakewood, FL with pricing that ranges from $650 to $5,270. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $600 to $3,800.
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 $600 to $3,800 with an average monthly rent of $1,579.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,200 to $5,270, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,385. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,265.
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.
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.
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.
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.