
Cheap Apartments for Rent in Lakewood, CO from $500 (180 Rentals)
Cheap Apartments in Lakewood.


2185 Upham St

Allied Apartments

Country Club

Mountain Vista

5655 W Ellsworth Ave, Unit B (Right Lower 1bd 2lvng)

Wadsworth Station West

Loop at Lamar Station

Westland Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Highland Square Apartments

1251 Upham St

Allison West Apartments

Reed Park Apartments

The Elms

1690 Eaton

Railside at Wadsworth Station

3550 S Harlan St

Sheridan Station Lofts

Bear Valley Village Apartments
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.

Glen at Lakewood

West Line Flats

Belmar Villas

Brickhouse at Lamar Station

Lime Apartments

LaRonja Apartments

Aspire at Lakewood

Two Creeks Crossing Apartments

Lakeview Towers at Belmar
Denver's Best Affordable Neighborhoods
Learn about Denver and the best places to live with original content written by our Denver, CO Local Expert Marie McGinnis

Oak Street Station

Parkview Terrace

1600 Hoyt

Eighth Place

Eiber Village Affordable Senior Living 62+
Lakewood, CO Local Guide

How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lakewood Studio Apartments | $1,579 | $525 | $3,167 |
Cheap Lakewood 1 Bedroom Apartments | $1,919 | $522 | $7,061 |
Cheap Lakewood 2 Bedroom Apartments | $2,372 | $950 | $9,375 |
Cheap Lakewood 3 Bedroom Apartments | $3,035 | $968 | $7,778 |
Cheap Lakewood 4 Bedroom Apartments | $3,022 | $2,150 | $4,200 |
Browse Top Apartments in Lakewood
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Lakewood, CO Local Guide

- Lakewood Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lakewood, CO
Pricing Updated: 05/02/2025Current apartment rentals in the Lakewood, CO area range in price from $522 to $9,375 with an overall median price of $2,966. The three Lakewood neighborhoods with the lowest median rent pricing are Morse Park at $525, North Alameda at $1,025, and Eiber at $905. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Morse Park | $2,249 | $525 | 28 |
North Alameda | $2,332 | $1,025 | 40 |
Eiber | $2,500 | $905 | 125 |
Belmar | $2,913 | $964 | 241 |
Edgewood | $2,914 | $825 | 369 |
Lasley | $2,957 | $964 | 220 |
Lakewood/West Corridor | $4,900 | $522 | 840 |
Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in Lakewood, CO is a Studio unit found at Highland West Senior Citizens Apartments in the Regis neighborhood priced from $869. The Hill Apartments in the Southwest Denver neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Lakewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland West Senior Citizens Apartments | Studio, 1 bath | Studio,1BA | $869 |
The Hill Apartments | Federal Terrace 1 Bed 1 Bath | 1BR,1BA | $899 |
Federal Terrace Apartments | Federal Terrace 1 Bed 1 Bath | 1BR,1BA | $899 |
Pinecrest | Federal Terrace 1 Bed 1 Bath | 1BR,1BA | $899 |
Live On South Federal | Federal Terrace 1 Bed 1 Bath | 1BR,1BA | $899 |
Autumn Ridge Apartments | Federal Terrace 1 Bed 1 Bath | 1BR,1BA | $899 |
Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $905 |
Tabor Lake | Studio A | Studio,1BA | $929 |
Cavalier Club Apartments | Studio | Studio,1BA | $950 |
Alpine Flats | Studio | Studio,1BA | $964 |
Best Value Apartments for Rent in Lakewood, CO
As of May 02, 2025 the best value apartment in the Lakewood area is the $0.77 price per square foot 2595 S Utica St Model at 2595 S Utica St, Unit 1 in the in the Southwest Denver neighborhood starting from $1,000. The second greatest value Lakewood apartment is the B1 Model at The Pines Apartments starting at $1,295 with a $1.36 price per square foot in the Daniels Garden neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2595 S Utica St, Unit 1 | 2595 S Utica St | Studio ,1BA | $0.77 |
The Pines Apartments | B1 | 2BR,1BA | $1.36 |
Eagle Crest | 2/1U | 2BR,1BA | $1.53 |
Lakeview Heights | 2BR | 2BR,1BA | $1.53 |
Teller Street | 2x1 | 2BR,1BA | $1.59 |
Elm Creek Apartments | Elm Creek 2 Bed 1 Bath | 2BR,1BA | $1.53 |
The Meridian at Lakewood | *** New Lowered Rent Rate *** Move-in by 5/15 ... | 2BR,1BA | $1.56 |
Highland West Senior Citizens Apartments | One bedroom | 1BR,1BA | $1.53 |
The Kimberly Apartments | 1x1 | 1BR,1BA | $1.51 |
Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $1.58 |
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Lakewood Overview
Lakewood, Colorado is the fifth-largest town in the Denver metropolitan area. Just minutes away from downtown Denver and 64 miles north-northwest of alluring Colorado Springs, Lakewood boasts some of the most spectacular views of the foothills of the Rocky Mountains. Its premier location and affordability make it one of the most popular destinations for those seeking a well-rounded living experience.
Why live in Lakewood, CO?
Lakewood is a suburb of Denver, offering all the advantages to metropolitan life, while still providing that sense of community many are seeking. This little town offers its residents a balanced life, filled with arts, culture, outdoor activities, and an opportunity to make an honest living.
Pet Friendly LifestyleLakewood, CO
Ranked #4
Among cities in Colorado for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lakewood, CO
Dennison Elementary School
Green Mountain High School
Carmody Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakewood, CO Rentals by Map
See the most popular apartments and homes in Lakewood, CO
Getting Around Lakewood, CO
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
66 / 100
Bikeable
Some bike infrastructure
Transit Score®
39 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $964.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is The Hill Apartments which is listed at $899, while the average apartment in Lakewood costs $2,966.
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 55 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 $226 which is $2,740 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.

The 10 Best Affordable Neighborhoods in Denver, CO
Written by: Marie McGinnis
Denver is a beautiful city with ample opportunities for outdoor recreation and a wide variety of housing options. As your ApartmentHomeLiving.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.