Cheap Homes for Rent in Lakewood, CA from $1,400 (18 Rentals)

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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.

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Navigating the Rental Market: Tips for First-Time Renters

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Los Angeles's Best Affordable Neighborhoods

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Lakewood, CA Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, CA is a 2 Beds unit found at Northpointe in the Lakewood Mutuals neighborhood priced from $1,270. Tower Bellflower in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northpointe2x1drda2BR,1BA$1,270
Tower BellflowerStudioStudio,1BA$1,365
10435 1/2 Somerset Blvd1 Bed1BR,1BA$1,400
Banner Circle ApartmentsEfficiency No Full KitchenStudio,1BA$1,595
Bay Towers at Bixby Knolls - 55+ Senior ApartmentsOne Bedroom C1BR,1BA$1,595

Best Value Apartments for Rent in Lakewood, CA

As of May 18, 2025 the best value apartment in the Lakewood area is the $1.93 price per square foot 14747 Woodruff Ave Model at 14747 Woodruff Ave, Unit 14747 in the in the Southeast Los Angeles neighborhood starting from $3,595. The second greatest value Lakewood apartment is the 4767 Virginia Ave Model at 4767 Virginia Ave, Unit Nathaniel Lewis starting at $3,650 with a $2.43 price per square foot in the Bixby Knolls 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.
14747 Woodruff Ave, Unit 1474714747 Woodruff Ave3BR,2BA$1.93
4767 Virginia Ave, Unit Nathaniel Lewis4767 Virginia Ave3BR,1.5BA$2.43
15116 Studebaker Rd, Unit 115116 Studebaker Rd1BR,1BA$1.54
Park Del Amo Apartments21A2BR,1BA$2.32
Cornuta Pines Apartments2BD/1.5 BA2BR,1.5BA$2.16
3455 Elm Ave, Unit #3103455 Elm Ave2BR,1.5BA$2.30
Northpointe2x1drda2BR,1BA$1.35
14745 Woodruff Ave, Unit 1474514745 Woodruff Ave1BR,1BA$2.05
Casa Monterey1 Bed 1 BATH1BR,1BA$2.20
Rose Pointe Orizaba2-bedroom2BR,1BA$2.31

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 1615 Apartments for Rent in Lakewood, CA with pricing that ranges from $1,250 to $7,000. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,495 to $15,000.

What is the current price range for Rental Homes in Lakewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $1,495 to $15,000 with an average monthly rent of $5,401.

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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The 10 Best Affordable Neighborhoods in Los Angeles, CA

Written by: Rachel Presser

Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

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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.

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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.

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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.