Cheap Apartments for Rent in Lakewood, CO from $500 (301 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lakewood, CO Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lakewood, CO

Pricing Updated: 08/04/2025

Current apartment rentals in the Lakewood, CO area range in price from $555 to $9,000 with an overall median price of $3,227. The three Lakewood neighborhoods with the lowest median rent pricing are Lasley at $875, Eiber at $1,350, and North Alameda at $775. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lasley$2,700$8756
Eiber$2,845$1,3508
North Alameda$2,900$7757
Belmar$2,947$2,0002
Morse Park$3,500$7504
Edgewood$3,700$55515
Lakewood/West Corridor$3,997$555205

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, CO is a Studio unit found at The Loop at Lamar Station in the Edgewood neighborhood priced from $825. Avon North Apartments in the Southwest Denver neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Loop at Lamar StationStudio AStudio,1BA$825
Avon North Apartments1X11BR,1BA$875
Mansard Square Apartments1X11BR,1BA$895
Live On South FederalAutumn Ridge 1 Bed 1 Bath1BR,1BA$899
Autumn Ridge ApartmentsAutumn Ridge 1 Bed 1 Bath1BR,1BA$899
PinecrestAutumn Ridge 1 Bed 1 Bath1BR,1BA$899
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$945
Cavalier Club ApartmentsStudioStudio,1BA$950
Lost Creek Apartments1 Beds, 1 Baths1BR,1BA$975

Best Value Apartments for Rent in Lakewood, CO

As of August 04, 2025 the best value apartment in the Lakewood area is the $1.36 price per square foot 2x1 Model at 3650 Upham St in the in the Regis neighborhood starting from $1,375. The second greatest value Lakewood apartment is the 2/1U Model at Eagle Crest starting at $1,500 with a $1.58 price per square foot in the North Kipling neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3650 Upham St2x12BR,1BA$1.36
Eagle Crest2/1U2BR,1BA$1.58
Ammons Crossing | Large 2-Bedroom Apartments2BR/1.0BA2BR,1BA$1.50
Lime Apartments2 Bedroom 1 Bathroom2BR,1BA$1.55
Avon North Apartments2X12BR,1BA$1.45
Timberleaf ApartmentsB12BR,1BA$1.59
The Kimberly Apartments0x1Studio ,1BA$1.39
Highland West Senior Citizens ApartmentsOne bedroom1BR,1BA$1.53
Mansard Square Apartments1X11BR,1BA$1.53
14775 W 30th Pl, Unit Garden Level Apartment (North Room)14775 W 30th Pl1BR,1BA$1.57

Quick 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.

decorative image of people with a giant lease agreement

Lakewood Overview

Lakewood, Colorado is the fifth-largest town in the Denver metropolitan area. Just minutes away from downtown Denver and 64 miles north-northwest of alluring Colorado Springs, Lakewood boasts some of the most spectacular views of the foothills of the Rocky Mountains. Its premier location and affordability make it one of the most popular destinations for those seeking a well-rounded living experience.

Why live in Lakewood, CO?

Lakewood is a suburb of Denver, offering all the advantages to metropolitan life, while still providing that sense of community many are seeking. This little town offers its residents a balanced life, filled with arts, culture, outdoor activities, and an opportunity to make an honest living.

Pet Friendly Lifestyle
Lakewood, CO

Ranked #4

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Lakewood, CO Rentals by Map

View Map
Lakewood, CO Apartments Map
View Map
Lakewood, CO Rental Homes Map

Getting Around Lakewood, CO

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lakewood Apartments

What is the Cheapest Studio apartment in Lakewood?

Currently the most affordable Cheap Studio Apartment in Lakewood is at Cavalier Club Apartments listed at $950.

How much is rent for a Cheap One Bedroom Lakewood Apartment?

The lowest price for a Cheap One Bedroom Lakewood Apartment is $875 at Avon North Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,195 at Lost Creek Apartments.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Sunridge Apartments and starts from $1,565.

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.

decorative image for The 10 Best Affordable Neighborhoods in Denver, CO article

The 10 Best Affordable Neighborhoods in Denver, CO

Written by: Marie McGinnis

Denver is a beautiful city with ample opportunities for outdoor recreation and a wide variety of housing options. As your ApartmentHomeLiving.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.