
Cheap Apartments for Rent in the Lakewood Neighborhood of Atlanta, GA from $600 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Atlanta.


Chez Moi Apartments

Senior Apartments age 55+ -Ashton Browns Mill

Pavilion Place

Nirvana At Glenrose
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.

Balfour East Lake

Skyline Apartments

Gateway South Apartments

Villages at Carver

Vineyards of Browns Mill

Room in House on Polar Rock Rd SW
Top Neighborhoods Near Atlanta Colleges and Universities
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Terraces at Highbury Court

The Skylark

Colonial Square
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364 Adelle St SE

636 Federal Terrace SE
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3083 Lone Oak Ave SW

620 River Gdns Dr
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
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 | $1,626 | $1,056 | $2,662 |
Lakewood 1 Bedroom Apartments | $1,485 | $200 | $2,425 |
Lakewood 2 Bedroom Apartments | $1,986 | $995 | $5,338 |
Lakewood 3 Bedroom Apartments | $2,045 | $1,125 | $4,666 |
Lakewood 4 Bedroom Apartments | $2,104 | $1,655 | $2,825 |
Browse Apartments in this Neighborhood
There are currently 33 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
- Nearby Atlanta neighborhoods
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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 Chez Moi Apartments priced from $835. 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 |
---|---|---|---|
Chez Moi Apartments | Flat | 1BR,1BA | $835 |
Senior Apartments age 55+ -Ashton Browns Mill | 1 Bed, 1 bath | 1BR,1BA | $943 |
Nirvana At Glenrose | 1 Bed 1 Bath Platinum | 1BR,1BA | $980 |
Veranda at Carver | A6 | 1BR,1BA | $1,047 |
Balfour East Lake | Lenox | 1BR,1BA | $1,051 |
445 Cleveland | Ponce | 2BR,1BA | $1,073 |
Gateway South Apartments | Notingham R | 1BR,1BA | $1,075 |
Villages at Carver | The Marion | 1BR,1BA | $1,084 |
Springview Apartments | Springview Apartments: 2 Bedroom & 2 Bath Apart... | 2BR,2BA | $1,150 |
Pavilion Place | Ivy | 2BR,1BA | $1,150 |
Best Value Apartments for Rent in Lakewood, GA
As of May 14, 2025 the best value apartment in the Lakewood area is the $1.18 price per square foot The Willow B2 Model at Hillcrest Park in the in the Ormewood Park neighborhood starting from $1,440. The second greatest value Lakewood apartment is the 1754 Richmond Cir SE Model at 1754 Richmond Cir SE, Unit A starting at $1,340 with a $1.12 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. |
---|---|---|---|
Hillcrest Park | The Willow B2 | 2BR,1.5BA | $1.18 |
1754 Richmond Cir SE, Unit A | 1754 Richmond Cir SE | 2BR,2BA | $1.12 |
Vineyards of Browns Mill | 2 Bedroom 2 Bath | 2BR,2BA | $1.22 |
Springview Apartments | Springview Apartments: 2 Bedroom & 2 Bath Apart... | 2BR,2BA | $1.10 |
Pavilion Place | Ivy | 2BR,1BA | $1.13 |
Summerdale Apartments! Welcome Home | Summerdale Apts: 2 Bedroom & 2 Bath Apartment | 2BR,2BA | $1.32 |
445 Cleveland | Ponce | 2BR,1BA | $1.18 |
Nirvana At Glenrose | 1 Bed 1 Bath Platinum | 1BR,1BA | $1.09 |
Chez Moi Apartments | Flat | 1BR,1BA | $1.11 |
Senior Apartments age 55+ -Ashton Browns Mill | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
Quick 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.
Pet Friendly LifestyleLakewood, Atlanta, GA
Ranked #277
Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,150.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Chez Moi Apartments which is listed at $835, 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 31 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 $220 which is $1,945 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.

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Written by: Jan Boling
Atlanta, Georgia is a large, modern city with many neighborhoods that welcome both newcomers and natives.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.