345 W 200 S
ProvoUT84601
Cheap Apartments for Rent in the Lakewood Neighborhood of Provo, UT from $600 (8 Rentals)
Cheap Apartments in the Lakewood area of Provo.
334 W 200 S
ProvoUT84601
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from $1,095Studio to 2 Bedroom Apartments Available Now
Sixty Three Center
63 E Center StProvo, UT 84606
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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.
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343 S 100 E
ProvoUT84606
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1123 E 960 S
ProvoUT84606
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.
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Lakewood, Provo, UT Local Guide
Upper Provo River by Flickr User: outkast9821 is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,267 | $1,065 | $2,200 |
| Lakewood 1 Bedroom Apartments | $1,354 | $899 | $1,575 |
| Lakewood 2 Bedroom Apartments | $1,732 | $1,200 | $3,299 |
| Lakewood 3 Bedroom Apartments | $1,765 | $1,630 | $1,900 |
| Lakewood 4 Bedroom Apartments | $2,195 | $2,195 | $2,195 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Provo, UT.
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Lakewood, Provo, UT Local Guide
- Nearby Provo neighborhoods
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Cheapest Available Lakewood Apartments for Rent
The cheapest available apartment rental in the Lakewood area of Provo, UT is a Studio unit found at The Station at Mill Race priced from $1,149. The Boulders has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,191. Here are the most affordable Lakewood apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Station at Mill Race | S1 | Studio,1BA | $1,149 |
| The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,191 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Lakewood, UT
As of May 09, 2025 the best value apartment in the Lakewood area is the $1.51 price per square foot 45 E 400 S Model at 45 E 400 S, Unit #7 in the in the Carterville neighborhood starting from $1,900. The second greatest value Lakewood apartment is the Timpanogos Model at Sixty Three Center starting at $1,600 with a $1.81 price per square foot in the Carterville 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. |
|---|---|---|---|
| 45 E 400 S, Unit #7 | 45 E 400 S | 3BR,3BA | $1.51 |
| Sixty Three Center | Timpanogos | 2BR,2BA | $1.81 |
| Palladium | 1x1 | 1BR,1BA | $2.00 |
| 400 Element | 0x1 A | Studio ,1BA | $2.03 |
| The Station at Mill Race | S2 | Studio ,1BA | $2.01 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $2.09 |
| The Boulders | 1 Bedroom 560 sf | 1BR,1BA | $2.13 |
| 200 City View | Grandview | Studio ,1BA | $2.58 |
| High Line Square | HLS.4 | Studio ,1BA | $2.50 |
Quick Rent Budget Calculator
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Lakewood Neighborhood in Provo, UT
Walk Score®
19 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
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 $1,600.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is The Boulders which is listed at $1,191, while the average apartment in Lakewood costs $2,195.
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 6 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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 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.
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.