
Cheap Homes for Rent in Downtown Lakeland Neighborhood of Lakeland, FL from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lakeland area of Lakeland.


1031 Herschell St

933 S Missouri Ave

310 Plum St

518 Pinewood Ave

411 S Cornelia Ave
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.

807 Adams St

314 N Iowa Ave

724 Angelina Ln

1238 Herschell St

523 Quincy St

1110 W Lime St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Downtown Lakeland, Lakeland, FL Local Guide

How much does it cost to rent a home in Downtown Lakeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lakeland 2 Bedroom Homes for Rent | $1,455 | $1,200 | $2,100 |
| Downtown Lakeland 3 Bedroom Homes for Rent | $1,859 | $995 | $2,600 |
| Downtown Lakeland 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Downtown Lakeland Neighborhood of Lakeland, FL.
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Downtown Lakeland, Lakeland, FL Local Guide
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Cheapest Available Downtown Lakeland Apartments for Rent
 The cheapest available apartment rental in the Downtown Lakeland area of Lakeland, FL is a 2 Beds unit found at Lakeland Manor Apartment Homes priced from $999. The Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,249. Here are the most affordable Downtown Lakeland apartments for rent in Lakeland, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeland Manor Apartment Homes | 2 Bedroom 1 Bath - B1 | 2BR,1BA | $999 |
| The Gardens Apartments | Floor Plan B | 1BR,1BA | $1,249 |
| Prospect Lake Wire Apartments | A1 | 1BR,1BA | $1,539 |
| Mirrorton Apartments | 0A | Studio,1BA | $1,546 |
Best Value Apartments for Rent in Downtown Lakeland, FL
As of December 27, 2025 the best value apartment in the Downtown Lakeland area is the $2.33 price per square foot 1B Model at Mirrorton Apartments in the in the Honeytree neighborhood starting from $1,663. The second greatest value Downtown Lakeland apartment is the 1 Bedroom 1 Bath - A1R Model at Lakeland Manor Apartment Homes starting at $1,099 with a $1.59 price per square foot in the Honeytree neighborhood. Here is today’s list of the best values for Downtown Lakeland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mirrorton Apartments | 1B | 1BR,1BA | $2.33 |
| Lakeland Manor Apartment Homes | 1 Bedroom 1 Bath - A1R | 1BR,1BA | $1.59 |
| Prospect Lake Wire Apartments | A1 | 1BR,1BA | $2.34 |
| The Gardens Apartments | Floor Plan C | 1BR,1BA | $2.41 |
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.
Pet Friendly LifestyleDowntown Lakeland, Lakeland, FL
Ranked #33
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown Lakeland
What type of rentals are currently available in Downtown Lakeland?
There are currently 89 Apartments for Rent in Downtown Lakeland, FL with pricing that ranges from $899 to $2,612. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lakeland ranging from $875 to $8,999.
What is the current price range for Rental Homes in Downtown Lakeland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lakeland ranges from $875 to $8,999 with an average monthly rent of $3,216.
How much are larger Three and Four Bedroom Rentals in Downtown Lakeland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lakeland range from $1,245 to $2,612, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,430.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!