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Cheap Apartments for Rent in Lakewood, NY from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.
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Ellicott Oaks Apartments
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Drake Village Apartments
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Plymouth Apartments
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Alpine Village Apartments
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South Shore Apartments
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Cider Mill Apartments
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Northview Heights Apartments
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Winchester Apartments & Townhomes
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Carriage Hill Townhouses
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120 N Drake St, Unit 2nd floor
Lakewood, NY Local Guide
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How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $865 | $795 | $1,000 |
Lakewood 1 Bedroom Apartments | $939 | $590 | $1,655 |
Lakewood 2 Bedroom Apartments | $1,201 | $650 | $1,890 |
Lakewood 3 Bedroom Apartments | $1,256 | $560 | $2,134 |
Lakewood 4 Bedroom Apartments | $594 | $555 | $640 |
Browse Top Apartments in Lakewood
See all Apartments in LakewoodExplore Lakewood
Lakewood, NY Local Guide
- Nearby Cities
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Cheapest Available Lakewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakewood, NY is a 4 Beds unit found at University Gate OLD in the East Suburban Erie neighborhood priced from $555. Drake Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $680. Here is today’s list of the most affordable Lakewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Gate OLD | 4 Bed | 4BR,2BA | $555 |
Drake Village Apartments | 2 Bedroom | 2BR,1BA | $680 |
Wellman Building | 1 Bed, 1 bath | 1BR,1BA | $700 |
Lighthouse Apartments | 1 bedroom | 1BR,1BA | $750 |
38 North Park Row | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Lakewood, NY and Nearby
As of February 25, 2025 the best value apartment in the Lakewood area is the $0.88 price per square foot 3 Bedroom Large Model at Brookwood Village in the in the South East Hills neighborhood starting from $1,495. The second greatest value Lakewood apartment is the Three Bedroom Townhome - A Model at Granite Ridge Apartments starting at $1,225 with a $0.94 price per square foot . 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. |
---|---|---|---|
Brookwood Village | 3 Bedroom Large | 3BR,2BA | $0.88 |
Granite Ridge Apartments | Three Bedroom Townhome - A | 3BR,1.5BA | $0.94 |
Cherry Hill | Gettysburg 2/2 | 2BR,2BA | $1.41 |
Park Place Collegiate Housing | 3BR/1BA by bedroom | 3BR,1BA | $0.66 |
University Gate OLD | 3 Bed upgraded | 3BR,2BA | $0.62 |
The Meadows | 2 bedroom | 2BR,1BA | $1.18 |
38 North Park Row | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.07 |
Lighthouse Apartments | 1 bedroom | 1BR,1BA | $1.15 |
Northview Heights Apartments | One Bedroom | 1BR,1BA | $1.31 |
Wellman Building | 1 Bed, 1 bath | 1BR,1BA | $1.35 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakewood, NY Rentals by Map
See the most popular apartments and homes in Lakewood, NY
Getting Around Lakewood, NY
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 the Cheapest Studio apartment in Lakewood?
Currently the most affordable Cheap Studio Apartment in Lakewood is at Modern Tool Square listed at $800.
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $700 at Wellman Building.
What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $670 at University Gate OLD.
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at University Gate OLD and starts from $630.
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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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.
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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
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Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.