4760 W U.S. Hwy 160
Pagosa SpringsCO81147
Cheap Homes for Rent near Lake City, CO from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.
505 N 6th St
MontroseCO81401
132 N 6th St
MontroseCO81401
247 Davis Cup Dr
Pagosa SpringsCO81147
11524 Lakeview Dr
MontroseCO81403
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.
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$1,4853 Bedroom Apartments Available Now
210 2nd St, Unit 2
210 2nd StHotchkiss, CO 81419
89 Valley View Dr
Pagosa SpringsCO81147
67710 Sunshine Rd
MontroseCO81401
440 Caddy Cir
Pagosa SpringsCO81147
40 Valley View Dr
Pagosa SpringsCO81147
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.
251 Pagosa St
Pagosa SpringsCO81147
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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 | $2,142 | $1,100 | $4,500 |
| Lake City 3 Bedroom Homes for Rent | $2,477 | $1,300 | $4,100 |
| Lake City 4 Bedroom Homes for Rent | $3,450 | $2,900 | $4,000 |
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. Residences at Durango in the Hawks Nest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,251. 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 |
| Residences at Durango | H1.1-60 | 1BR,1BA | $1,251 |
| Red Cliff Apartments | A1 | 1BR,1BA | $1,343 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,609 |
Best Value Apartments for Rent in Lake City, CO and Nearby
As of July 15, 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 Riverside Model at The Landing on Horizon starting at $2,083 with a $1.88 price per square foot in the North Area 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 |
| The Landing on Horizon | The Riverside | 2BR,2BA | $1.88 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Gauge | B1 | 2BR,2BA | $2.36 |
| Basecamp | Two Bedroom | 2BR,2BA | $2.10 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| Copper Village Apartments | The Kokopelli | 1BR,1BA | $2.10 |
| The Slate on 25 | Napa | 1BR,1BA | $2.18 |
| Residences at Durango | H1.1-60 | 1BR,1BA | $2.69 |
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.
Read Article
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 55 Apartments for Rent in Lake City, CO with pricing that ranges from $800 to $38,770. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $1,050 to $12,500.
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 $1,050 to $12,500 with an average monthly rent of $2,642.
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 $19,233, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,100. Four Bedroom Single-Family rentals are also available starting from $2,900 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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.