Cheap Homes for Rent in Lakewood, CA from $1,600 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Lakewood.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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 $1,273. Tower Bellflower in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northpointe2x1drda2BR,1BA$1,273
Tower BellflowerStudioStudio,1BA$1,375
ARTESIA (Garden)Deluxe Studio ***MOVE-IN SPECIAL! 2 WEEKS FREE ...Studio,1BA$1,425
Bay Towers at Bixby Knolls - 55+ Senior ApartmentsOne Bedroom C1BR,1BA$1,595
Bellflower Senior Apartments1 Bedroom 1 Bath1BR,1BA$1,600

Best Value Apartments for Rent in Lakewood, CA

As of April 25, 2025 the best value apartment in the Lakewood area is the $1.54 price per square foot 15116 Studebaker Rd Model at 15116 Studebaker Rd, Unit 1 in the in the Southeast Los Angeles neighborhood starting from $1,850. The second greatest value Lakewood apartment is the 3 Bed 2 Bath Upstairs Model at Union Plaza starting at $2,895 with a $2.49 price per square foot in the Southeast Los Angeles 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.
15116 Studebaker Rd, Unit 115116 Studebaker Rd1BR,1BA$1.54
Union Plaza3 Bed 2 Bath Upstairs3BR,2BA$2.49
Cornuta Pines Apartments2BD/1.5 BA2BR,1.5BA$2.16
630 Nebraska Ave, Unit 06630 Nebraska Ave2BR,1BA$2.36
3455 Elm Ave, Unit #3103455 Elm Ave2BR,1.5BA$2.30
229 E 57th St, Unit 4229 E 57th St2BR,1BA$2.25
16131 Eucalyptus Ave2x12BR,1BA$2.08
Northpointe2x1ctc2BR,1BA$1.94
Rose Pointe Orizaba2-bedroom2BR,1BA$2.31
Indiana Avenue Apartments1x11BR,1BA$2.44

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 1618 Apartments for Rent in Lakewood, CA with pricing that ranges from $1,250 to $7,000. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,695 to $11,995.

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 $1,695 to $11,995 with an average monthly rent of $3,918.

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.

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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

Written by: Amber Kanuckel

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.