4760 W U.S. Hwy 160
Pagosa SpringsCO81147
Cheap Homes for Rent in Lake City, CO from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.
57 Canyon Cir
Pagosa SpringsCO81147
34237 US-550
DurangoCO81301
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
98 Robin Dr
Pagosa SpringsCO81147
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$1,4853 Bedroom Apartments Available Now
210 2nd St, Unit 2
210 2nd StHotchkiss, CO 81419
1135 Florida Rd
DurangoCO81301
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
Colorado state flag by Greg Goebel is licensed under CC BY 2.0
How much does it cost to rent a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $7,460 | $1,300 | $10,000+ |
| Lake City 3 Bedroom Homes for Rent | $2,954 | $2,200 | $7,000 |
| Lake City 4 Bedroom Homes for Rent | $14,480 | $2,700 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Lake City, CO Local Guide
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Cheapest Available Lake City Apartments for Rent and Nearby
The cheapest available apartment rental in Lake City, CO is a Studio unit found at Apex Studios priced from $1,150. River Roost in the Hawks Nest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apex Studios | Unfurnished | Studio,1BA | $1,150 |
| River Roost | Studio A1 - Furnished | Studio,1BA | $1,350 |
| Red Cliff | A1 Loft | 1BR,1BA | $1,353 |
Best Value Apartments for Rent in Lake City, CO and Nearby
As of May 30, 2026 the best value apartment in the Lake City area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value Lake City apartment is the The Mesa Model at Copper Village Apartments starting at $2,110 with a $1.89 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| Copper Village Apartments | The Mesa | 2BR,2BA | $1.89 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| 939-951 Iowa Ave | 3BR/1.0BA | 3BR,1BA | $1.61 |
| Affinity at Three Springs | Intuition – Type 6/6A | 2BR,2BA | $2.29 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| The Slate on 25 | Napa | 1BR,1BA | $2.18 |
| Basecamp | One Bedroom | 1BR,1BA | $2.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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See the most popular apartments and homes in Lake City, CO
Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 41 Apartments for Rent in Lake City, CO with pricing that ranges from $555 to $29,994. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $950 to $60,000.
What is the current price range for Rental Homes in Lake City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $950 to $60,000 with an average monthly rent of $6,316.
How much are larger Three and Four Bedroom Rentals in Lake City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake City range from $1,485 to $18,048, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $3,562.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.