Cheap Apartments for Rent in the Lakewood Neighborhood of Atlanta, GA from $600 (31 Rentals)

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

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

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Townhomes at Hapeville
1 to 2 Bedroom Apartments

Townhomes at Hapeville

2959 Forrest Hills Dr SWAtlanta, GA 30315
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Betmar Village
1 Bedroom Apartments

Betmar Village

345 Ashwood Ave SWAtlanta, GA 30315
Senior Living
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Columbia Blackshear
1 Bedroom Apartments

Columbia Blackshear

14 Meldon AveAtlanta, GA 30315
Senior Living
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Manor III Apartments
1 to 3 Bedroom Apartments

Manor III Apartments

1483 Arthur Langford PlAtlanta, GA 30315
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Columbia High Point
1 Bedroom Apartments

Columbia High Point

220 SW Bowen CirAtlanta, GA 30315
Senior Living
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Veranda at Carver
1 to 2 Bedroom Apartments

Veranda at Carver

217 SW Thirkield AveAtlanta, GA 30315
Senior Living
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Glenrose Gardens
1 to 3 Bedroom Apartments

Glenrose Gardens

85 Mount Zion RdAtlanta, GA 30354
  • Utilities Included

Lakewood, Atlanta, GA Local Guide

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 ListingModel NameBed/BathPriced From
506 McWilliams Rd SE506 McWilliams Rd SE1BR,1BA$610
Senior Apartments age 55+ -Ashton Browns Mill1 Bed, 1 bath1BR,1BA$943
Pavilion PlaceBrooklyn1BR,1BA$950
Nirvana At Glenrose1 Bed 1 Bath Platinum1BR,1BA$980
Chez Moi ApartmentsFLAT2BR,1BA$995
The Steede 55+ Active AdultA1 70%1BR,1BA$999
Villages at CarverThe Marion1BR,1BA$1,039
Veranda at CarverA61BR,1BA$1,047
Gateway South ApartmentsNotingham R1BR,1BA$1,075
Terraces at Highbury Court1x11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
506 McWilliams Rd SE506 McWilliams Rd SE1BR,1BA$0.35
Hillcrest ParkThe Spruce B12BR,1BA$1.24
Towne at Lakewood Heights2BR/1.0BA2BR,1BA$1.12
Vineyards of Browns Mill2 Bedroom 2 Bath2BR,2BA$1.18
Springview ApartmentsSpringview Apartments: 2 Bedroom & 2 Bath Apart...2BR,2BA$1.10
Chez Moi ApartmentsFLAT2BR,1BA$1.05
Nirvana At Glenrose1 Bed 1 Bath Platinum1BR,1BA$1.09
Balfour East LakeOakland2BR,1BA$1.28
Pavilion PlaceBrooklyn1BR,1BA$1.19
Senior Apartments age 55+ -Ashton Browns Mill1 Bed, 1 bath1BR,1BA$1.27

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Pet Friendly Lifestyle
Lakewood, Atlanta, GA

Ranked #280

Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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.

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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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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.

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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.

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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.