45 Cheap Apartments for rent in Lakeland, FL

Last updated September 22 at 10:43AM
1119 Southern Ave
Lakeland
Lakeland, FL
Updated September 21 at 1:52AM
2 Bedrooms
$695
Results within 5 miles of Lakeland, FL
3066 St Paul Drive POLK
Winter Haven
Winter Haven, FL
Updated September 2 at 10:42AM
2 Bedrooms
$600
Results within 10 miles of Lakeland, FL
2000 15th Ct NW
Winter Haven
Winter Haven, FL
Updated September 21 at 1:40AM
1 Bedroom
$675
3125 Ave S NW
Winter Haven
Winter Haven, FL
Updated September 21 at 5:50PM
2 Bedrooms
$575
3801 Ave J NW Apartment A
Winter Haven
Winter Haven, FL
Updated September 22 at 10:43AM
2 Bedrooms
$750
2450 US-92
Winter Haven
Winter Haven, FL
Updated September 21 at 1:40AM
1 Bedroom
$675
2000 15th Ct NW
Winter Haven
Winter Haven, FL
Updated September 21 at 5:53PM
2 Bedrooms
$775
445 AVENUE C NE
Winter Haven
Winter Haven, FL
Updated September 10 at 11:27AM
2 Bedrooms
$775
Results within 20 miles of Lakeland, FL
319 Emma St
North Lake Wire
Lakeland, FL
Updated September 22 at 9:20AM
2 Bedrooms
$575
2301 K-VILLE AVENUE
Auburndale
Auburndale, FL
Updated September 10 at 11:40AM
1 Bedroom
$550
2500 US-92
Winter Haven
Winter Haven, FL
Updated September 22 at 9:28AM
1 Bedroom
$650
Spirit Lake Rd
Jan Phyl Village
Winter Haven, FL
Updated September 22 at 7:28AM
1 Bedroom
$650
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List detective logo

Zoom in to see more.

Trying to get a feel for the larger area? No problem.
When you're ready, zoom in again to see pins and listings.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

Rent Report
Lakeland

September 2017 Lakeland Rent Report

Welcome to the September 2017 Lakeland Rent Report. In this report, we'll evaluate trends in the Lakeland rental market, including comparisons to cities throughout the state and nation.

Lakeland rents declined moderately over the past month

Lakeland rents have declined 0.4% over the past month, but have increased 4.0% in comparison to the same time last year. Currently, median rents in Lakeland stand at $790 for a one-bedroom apartment and $1,020 for a two-bedroom. Lakeland's year-over-year rent growth leads the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Lakeland, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • Orlando, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (6.4%, 5.6%, and 4.6%, respectively).

Lakeland rents more affordable than many large cities nationwide

As rents have increased in Lakeland, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Lakeland is still more affordable than most large cities across the country.

  • Lakeland's median two-bedroom rent of $1,020 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 4.0% rise in Lakeland.
  • While Lakeland's rents rose over the past year, the city of DC saw a decrease of 0.5%.
  • Renters will find more reasonable prices in Lakeland than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly three times the price in Lakeland.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.