
Cheap Homes for Rent in Lakewood Neighborhood of Provo, UT from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Provo.


343 S 100 E

1123 E 960 S

1141 E 1320 S

2065 S California Ave

208 S 1050 W
Lakewood, Provo, UT Local Guide

How much does it cost to rent a home in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood 2 Bedroom Homes for Rent | $1,208 | $595 | $1,800 |
Lakewood 3 Bedroom Homes for Rent | $2,071 | $1,600 | $2,525 |
Lakewood 4 Bedroom Homes for Rent | $2,450 | $1,900 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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
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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 $1,049. 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 | $1,049 |
The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,191 |
Sixty Three Center | Velour-Y | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Lakewood, UT
As of April 12, 2025 the best value apartment in the Lakewood area is the $1.01 price per square foot 3x2.5 Model at Spring Creek Townhomes in the in the North Park neighborhood starting from $1,999. The second greatest value Lakewood apartment is the 2 Bedrooms Model at Ascent at Union Square starting at $1,499 with a $2.00 price per square foot in the University 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. |
---|---|---|---|
Spring Creek Townhomes | 3x2.5 | 3BR,2.5BA | $1.01 |
Ascent at Union Square | 2 Bedrooms | 2BR,1BA | $2.00 |
The Station at Mill Race | A2 1x1 | 1BR,1BA | $1.97 |
Palladium | 1x1 | 1BR,1BA | $2.00 |
400 Element | 0x1 A | Studio ,1BA | $1.99 |
Sixty Three Center | Velour-Y | 1BR,1BA | $2.13 |
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 |
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 61 Apartments for Rent in Lakewood, UT with pricing that ranges from $1,049 to $3,299. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $595 to $3,700.
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 $595 to $3,700 with an average monthly rent of $1,669.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.