Cheap Homes for Rent in Lakewood, CO from $500 (35 Rentals)

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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

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property at 885 S Miller St

885 S Miller St

LakewoodCO80226
property at 1495 Vrain St

1495 Vrain St

DenverCO80204
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Lakewood, CO Local Guide

Cheapest Neighborhoods for Apartments in Lakewood, CO

Pricing Updated: 04/13/2025

Current apartment rentals in the Lakewood, CO area range in price from $525 to $9,441 with an overall median price of $3,056. The three Lakewood neighborhoods with the lowest median rent pricing are Morse Park at $525, Eiber at $905, and North Alameda at $973. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Morse Park$2,045$52537
Eiber$2,315$905108
North Alameda$2,500$97336
Edgewood$2,914$825375
Belmar$2,961$1,299242
Lasley$2,961$1,249245
Lakewood/West Corridor$5,700$525894

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. Westhaven Senior Apartments 62+ in the Daniels Garden neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland West Senior Citizens ApartmentsStudio, 1 bathStudio,1BA$869
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$905
The Hill ApartmentsThe Hill 1 Bed 1 Bath1BR,1BA$929
Federal Terrace ApartmentsFederal Terrace 1 Bed 1 Bath1BR,1BA$929
PinecrestThe Hill 1 Bed 1 Bath1BR,1BA$929
Live On South FederalThe Hill 1 Bed 1 Bath1BR,1BA$929
Autumn Ridge ApartmentsThe Hill 1 Bed 1 Bath1BR,1BA$929
Tabor LakeStudio AStudio,1BA$929
Alpine FlatsStudioStudio,1BA$931
Warren ClubWARREN CLUB STUDIOStudio,1BA$973

Best Value Apartments for Rent in Lakewood, CO

As of April 14, 2025 the best value apartment in the Lakewood area is the $1.63 price per square foot 418 Wright St Model at 418 Wright St, Unit 306 in the in the Daniels Garden neighborhood starting from $1,950. The second greatest value Lakewood apartment is the 2 Beds, 1 bath Model at Vintage Place Retirement 55+-No Pets Allowed starting at $1,575 with a $1.62 price per square foot in the Morse Park 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.
418 Wright St, Unit 306418 Wright St2BR,2BA$1.63
Vintage Place Retirement 55+-No Pets Allowed2 Beds, 1 bath2BR,1BA$1.62
The Pines ApartmentsB12BR,1BA$1.36
The Reed2 Bed 1 Bath2BR,1BA$1.44
Teller Street2x12BR,1BA$1.59
Elm Creek ApartmentsElm Creek 2 Bed 1 Bath2BR,1BA$1.45
Signalmen Apartments2BR/1BA, 783sf2BR,1BA$1.58
The Kimberly Apartments1x11BR,1BA$1.59
Highland West Senior Citizens ApartmentsOne bedroom1BR,1BA$1.53
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$1.58

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 1326 Apartments for Rent in Lakewood, CO with pricing that ranges from $525 to $9,375. There are also 235 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $575 to $7,000.

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 $575 to $7,000 with an average monthly rent of $2,620.

How much are larger Three and Four Bedroom Rentals in Lakewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,725 to $8,211, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,152 and Four Bedroom Apartments start at $2,150.

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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