Cheap Apartments for Rent in Lake City, CO from $400 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake City.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Lake City, CO Local Guide

Cheapest Available Lake City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake City, CO is a 1 Bed unit found at Rendezvous Apartments priced from $421. Residences at Durango in the Hawks Nest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $593. Here is today’s list of the most affordable Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rendezvous Apartments1 Bedroom apartment complex1BR,1BA$421
Residences at DurangoH1.1-301BR,1BA$593
Red CliffA1 Loft1BR,1BA$1,295

Best Value Apartments for Rent in Lake City, CO and Nearby

As of August 30, 2025 the best value apartment in the Lake City area is the $1.96 price per square foot Two Bedroom Model at Basecamp in the starting from $1,955. The second greatest value Lake City apartment is the 2x1 900 SF Model at Peppermill Lofts starting at $1,595 with a $1.77 price per square foot in the Horizon neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
BasecampTwo Bedroom2BR,2BA$1.96
Peppermill Lofts2x1 900 SF2BR,1BA$1.77
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.67
The Slate on 25Malone1BR,1BA$2.18
The Railyard at RimrockThe Mallone - one bedroom one bath1BR,1BA$2.16
Rendezvous Apartments1 Bedroom townhome style1BR,1BA$1.12
Confluence At Three SpringsCascade #4 Platinum1BR,1BA$2.87
Rocket PointeA1-Fuji1BR,1BA$3.11
The Landing on HorizonThe AbbeyStudio ,1BA$2.46
Red CliffA1 Loft1BR,1BA$2.88

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Lake City, CO

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lake City Apartments

What is the Cheapest Studio apartment in Lake City?

Currently the most affordable Cheap Studio Apartment in Lake City is at Residences at Durango listed at $1,175.

How much is rent for a Cheap One Bedroom Lake City Apartment?

The lowest price for a Cheap One Bedroom Lake City Apartment is $421 at Rendezvous Apartments.

What is the lowest price for a Cheap Two Bedroom Lake City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $888 at Rendezvous Apartments.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.