Cheap Apartments for Rent in Lakewood, CO from $500 (277 Rentals)

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

property at 1685 Upham St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

Studio, 1 Bath Home for Rent

Available Now

1685 Upham St

LakewoodCO80214
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Ridgemoor Apartment Homes
Rent Specials
$994 - $2,165
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$994 - $2,165

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Ridgemoor Apartment Homes

693 Urban CtLakewood, CO 80401
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Low Income
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The Pines Apartments
Rent Specials
$995 - $2,174
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $2,174

Total Monthly Price
$995 - $2,174
Studio to 3 Bedroom Apartments Available Now

The Pines Apartments

148 S Zang WayLakewood, CO 80228
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Low Income

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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Lakeview Towers at Belmar
Rent Specials
$1,022 - $1,519
Total Monthly Price

Total Monthly Price

Base Rent
$955 - $1,452
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Lakeview Towers at Belmar

679 S Reed CtLakewood, CO 80226
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Greenway Apartments
Rent Specials
$1,024 - $1,565
Total Monthly Price

Total Monthly Price

Base Rent
$1,014 - $1,555
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Greenway Apartments

10626 W 7th AveLakewood, CO 80215
Affordability
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  • Utilities Included
  • Smoke Free
property at 7310 W 10th Ave

$1,067

Total Monthly Price

Total Monthly Price

Base Rent
$1,067

Total Monthly Price
$1,067

Studio, 1 Bath Home for Rent

Available Jun 28

7310 W 10th Ave

LakewoodCO80214
property at 1875 N Harlan St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Home for Rent

Available Now

1875 N Harlan St

LakewoodCO80214
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Sheridan Station Apartments
$1,099 - $1,899
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $1,899

Total Monthly Price
$1,099 - $1,899
1 to 3 Bedroom Apartments Contact Us For Availability

Sheridan Station Apartments

5330 W 11th AveLakewood, CO 80214
Accessibility
  • Verified
  • Utilities Included
  • Low Income

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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Mountain Vista
Rent Specials
$1,153 - $2,027
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,973
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Mountain Vista

474 S Wright StLakewood, CO 80228
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 720 Moore St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Home for Rent

Available Jul 10

720 Moore St

LakewoodCO80215
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Timberleaf Apartments
Rent Specials
$1,195 - $2,128
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $2,128

Total Monthly Price
$1,195 - $2,128
1 to 3 Bedroom Apartments Available Now

Timberleaf Apartments

1388 Garrison StLakewood, CO 80215
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • Low Income
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Bear Valley Village Apartments
Rent Specials
$1,198 - $1,545
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$1,127 - $1,474
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 23

Bear Valley Village Apartments

9803 W Girton DrLakewood, CO 80227
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Notable
Rent Specials
$1,200 - $1,600
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,600

Total Monthly Price
$1,200 - $1,600
Studio to 2 Bedroom Apartments Available Now

Notable

730 Simms StLakewood, CO 80401
Luxury
  • Verified
  • Low Income
  • Smoke Free

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.

property at 1435 Otis St

$1,209

Total Monthly Price

Total Monthly Price

Base Rent
$1,209

Total Monthly Price
$1,209

1 Bedroom, 1 Bath Home for Rent

Available Jun 16

1435 Otis St

LakewoodCO80214
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The Huntington
Rent Specials
$1,229 - $3,231
Total Monthly Price

Total Monthly Price

Base Rent
$1,213 - $3,215
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Huntington

8223 W Floyd AveLakewood, CO 80227
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour
property at 6464 W 13th Ave

$1,246

Total Monthly Price

Total Monthly Price

Base Rent
$1,246

Total Monthly Price
$1,246

2 Bedroom, 1 Bath Home for Rent

Available Now

6464 W 13th Ave

LakewoodCO80214
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12th and Wads Residences
$1,250 - $1,395
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,295
Required Monthly Fees
$100

Total Monthly Price
$1,250 - $1,395
1 Bedroom Apartments Available Now

12th and Wads Residences

7755 W 12th AveLakewood, CO 80214
Pet Friendly
  • Verified
  • Utilities Included
  • Smoke Free
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Belmar Villas
Rent Specials
$1,265 - $2,167
Total Monthly Price

Total Monthly Price

Base Rent
$1,196 - $2,098
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Belmar Villas

700 S Reed CtLakewood, CO 80226
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 7523 W 8th Pl

$1,279

Total Monthly Price

Total Monthly Price

Base Rent
$1,279

Total Monthly Price
$1,279

2 Bedroom, 1 Bath Home for Rent

Available Now

7523 W 8th Pl

LakewoodCO80214
property at 7557 W 8th Pl

$1,279

Total Monthly Price

Total Monthly Price

Base Rent
$1,279

Total Monthly Price
$1,279

2 Bedroom, 1 Bath Home for Rent

Available Now

7557 W 8th Pl

LakewoodCO80214

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.

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Alta Sloans Lake
Rent Specials
$1,320 - $3,144
Total Monthly Price

Total Monthly Price

Base Rent
$1,292 - $3,116
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Alta Sloans Lake

1605 Sheridan BlvdLakewood, CO 80214
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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1600 Hoyt
$1,330 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $1,675
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

1600 Hoyt

1600 Hoyt StLakewood, CO 80215
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lakewood, CO Local Guide

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Cheapest Neighborhoods for Apartments in Lakewood, CO

Pricing Updated: 06/14/2026

Current apartment rentals in the Lakewood, CO area range in price from $733 to $18,962 with an overall median price of $3,810. The three Lakewood neighborhoods with the lowest median rent pricing are Morse Park at $788, Edgewood at $795, and North Alameda at $788. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Morse Park$2,089$788563
Edgewood$2,111$795114
North Alameda$2,186$78858
Lasley$2,416$788264
Belmar$2,937$78887
Eiber$2,950$87581
Lakewood/West Corridor$11,981$7331287

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, CO is a Studio unit found at Francis Heights Senior Living Community in the Auraria neighborhood priced from $650. Lamar Station Crossing in the Edgewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $788. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Francis Heights Senior Living CommunityStudioStudio,1BA$650
Lamar Station Crossing1 Bedroom1BR,1BA$788
Fifty Eight Hundred1 Bedroom1BR,1BA$788
PinecrestAR 1 Bed 1 Bath1BR,1BA$875
Live On South FederalAR 1 Bed 1 Bath1BR,1BA$875
Autumn Ridge ApartmentsAR 1 Bed 1 Bath1BR,1BA$875
Squire ApartmentsStudioStudio,1BA$899
Sloans Lake West*** $900.00 ** SLOAN’S LAKE WEST APARTMENTS - E...Studio,1BA$900
Noco FlatsOne Bedroom1BR,1BA$935
Parkwood PlazaSherwood1BR,1BA$941

Best Value Apartments for Rent in Lakewood, CO

As of June 15, 2026 the best value apartment in the Lakewood area is the $1.53 price per square foot B1 Model at Elowyn in the in the Bear Valley neighborhood starting from $2,222. The second greatest value Lakewood apartment is the C1 Model at Timberleaf Apartments starting at $1,699 with a $1.51 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.
ElowynB12BR,1.5BA$1.53
Timberleaf ApartmentsC13BR,2BA$1.51
Creekside At Amherst ApartmentsCSA-2x2(1031)2BR,2BA$1.53
1301-1305 Wolff St2 Beds, 1 Baths2BR,1BA$1.39
5550 W 3rd Pl2 Beds, 1 Baths2BR,1BA$1.33
Warren ClubWARREN CLUB TWO BEDROOM2BR,1BA$1.38
Elm Creek ApartmentsEC 2 Bed 1 Bath2BR,1BA$1.53
The Kimberly Apartments0x1Studio ,1BA$1.27
Westland Apartments1x11BR,1BA$1.44
947-951 Allison Street1x11BR,1BA$1.53

The Essential Guide to Denver Neighborhoods for Employees of Lockheed Martin, DIA, and Deloitte

Explore dynamic Denver neighborhoods like Ballpark, Five Points, and East Westminster. Find the perfect apartment with a great lifestyle and easy access to major employers and cultural hubs.

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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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The Student Renter's Ultimate Guide to Picking the Perfect Denver Neighborhood to Rent

Learn About the Best Neighborhoods to Rent Near College Campuses in Denver, CO | Find Denver Off-Campus Student Housing at ApartmentHomeLiving.com

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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.

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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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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.

Lakewood, CO
Population: 156,798

Ranked #163

in US Census Population by City

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

Explore Lakewood, CO Rentals by Map

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Frequently Asked Questions about Cheap Lakewood Apartments

What is a cheap apartment in Lakewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $941.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Francis Heights Senior Living Community which is listed at $715, while the average apartment in Lakewood costs $3,810.

What types of apartments are the cheapest in Lakewood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 367 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakewood?

Cheap apartments in Lakewood have an average cost of $479 which is $3,331 cheaper than the average rent for all rentals in Lakewood.

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.

Helpful Local Expert Guides

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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.

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Your Guide to Picking the Perfect Denver Neighborhood for Student Renters

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Many dream of attending college in Denver. Nothing beats the big-city opportunities with close access to outdoor activities.

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Nothing beats the fresh Colorado air and numerous sunny days. In Denver, nature meets big city living, and there is no shortage of things to do. Hi, I'm Marie, your ApartmentHomeLiving.

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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.

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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.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.