
Cheap Apartments for Rent in the Lakewood Neighborhood of Atlanta, GA from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Atlanta.


Senior Apartments age 55+ -Ashton Browns Mill

Nirvana At Glenrose

2368 Ripplewater Dr SE

The Steede 55+ Active Adult

371 Corvair Dr SE

Villages at Carver

Skyline Apartments

Balfour East Lake
Atlanta's Best Affordable Neighborhoods
Learn about Atlanta and the best places to live with original content written by our Atlanta, GA Local Expert Jan Boling

Gateway South Apartments

23 Bisbee Ave SE

Terraces at Highbury Court

Colonial Square

Vineyards of Browns Mill

The Skylark

Springview Apartments
Lakewood, Atlanta, GA Local Guide

How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $1,524 | $1,056 | $2,603 |
Lakewood 1 Bedroom Apartments | $1,494 | $200 | $2,750 |
Lakewood 2 Bedroom Apartments | $2,010 | $995 | $4,132 |
Lakewood 3 Bedroom Apartments | $2,494 | $1,125 | $4,267 |
Lakewood 4 Bedroom Apartments | $1,861 | $1,520 | $2,455 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Atlanta, GA.
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Lakewood, Atlanta, GA Local Guide
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Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lakewood area of Atlanta, GA is a 1 Bed unit found at 506 McWilliams Rd SE priced from $610. Senior Apartments age 55+ -Ashton Browns Mill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $943. Here are the most affordable Lakewood apartments for rent in Atlanta, GA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
506 McWilliams Rd SE | 506 McWilliams Rd SE | 1BR,1BA | $610 |
Senior Apartments age 55+ -Ashton Browns Mill | 1 Bed, 1 bath | 1BR,1BA | $943 |
Pavilion Place | Brooklyn | 1BR,1BA | $950 |
Nirvana At Glenrose | 1 Bed 1 Bath Platinum | 1BR,1BA | $980 |
Chez Moi Apartments | FLAT | 2BR,1BA | $995 |
The Steede 55+ Active Adult | A1 70% | 1BR,1BA | $999 |
Villages at Carver | The Marion | 1BR,1BA | $1,039 |
Veranda at Carver | A6 | 1BR,1BA | $1,047 |
Gateway South Apartments | Notingham R | 1BR,1BA | $1,075 |
Terraces at Highbury Court | 1x1 | 1BR,1BA | $1,097 |
Best Value Apartments for Rent in Lakewood, GA
As of March 25, 2025 the best value apartment in the Lakewood area is the $0.35 price per square foot 506 McWilliams Rd SE Model at 506 McWilliams Rd SE in the in the Glenrose Heights neighborhood starting from $610. The second greatest value Lakewood apartment is the The Spruce B1 Model at Hillcrest Park starting at $1,507 with a $1.24 price per square foot in the Ormewood Park 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. |
---|---|---|---|
506 McWilliams Rd SE | 506 McWilliams Rd SE | 1BR,1BA | $0.35 |
Hillcrest Park | The Spruce B1 | 2BR,1BA | $1.24 |
Towne at Lakewood Heights | 2BR/1.0BA | 2BR,1BA | $1.12 |
Vineyards of Browns Mill | 2 Bedroom 2 Bath | 2BR,2BA | $1.18 |
Springview Apartments | Springview Apartments: 2 Bedroom & 2 Bath Apart... | 2BR,2BA | $1.10 |
Chez Moi Apartments | FLAT | 2BR,1BA | $1.05 |
Nirvana At Glenrose | 1 Bed 1 Bath Platinum | 1BR,1BA | $1.09 |
Balfour East Lake | Oakland | 2BR,1BA | $1.28 |
Pavilion Place | Brooklyn | 1BR,1BA | $1.19 |
Senior Apartments age 55+ -Ashton Browns Mill | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLakewood, Atlanta, GA
Ranked #280
Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lakewood, Atlanta, GA
School data provided by Great Schools
Best Local Schools in Lakewood, Atlanta, GA
School data provided by Great Schools
Getting Around the Lakewood Neighborhood in Atlanta, GA
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
19 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
41 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,097.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is 506 McWilliams Rd SE which is listed at $610, while the average apartment in Lakewood costs $2,165.
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 668 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 $431 which is $1,734 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.

An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area
Written by: Jan Boling
Atlanta, Georgia is a large, modern city with many neighborhoods that welcome both newcomers and natives.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.