
Cheap Apartments for Rent in Lakewood, CO from $500 (309 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.


Westhaven Senior Apartments 62+

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The Loop at Lamar Station

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The Pines Apartments

Allied Apartments

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Green Mountain Apartments

7310 W 10th Ave

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5655 W Ellsworth Ave, Unit B (Right Lower 1bd 2lvng)

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Bear Valley Village Apartments

5625 W 14th Ave
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.

7315 W 9th Pl

196 Ingalls St

Reed Park Apartments

5380 W 3rd Pl

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12th and Wads Residences

Highland Square Apartments

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Lakeview Towers at Belmar

1435 Otis St

825 Oak St

688 Miller Ct
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.

670 Miller Ct

Waterfront

Wadsworth Station West

5350 W 3rd Pl

12121 W Nevada Dr

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Sheridan Station Apartments

1800 Fenton St

Notable

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Mountain Vista

740 Moore St
Experience Life as a Local: The Insider's Guide to Renting in Denver
Explore Denver with a local! Discover historic neighborhoods like LoDo & Capitol Hill, top attractions, best dining spots, public transit, and fun things to do in the Mile High City.

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Ridgemoor Apartment Homes

The Huntington

Concordia Apartments

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Traverse

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Belmar Villas

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Alta Sloans Lake

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Four Winds

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Timberleaf Apartments

8230 W 16th Pl

1600 Hoyt
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.

Eagle Crest

8332 W 26th Ave

8319 W 16th Pl

8269 W 16th Pl

8545 W Dakota Ave

St. Moritz Apartments

Brickhouse at Lamar Station

755 Miller Ct

7380 W 14th Ave

1680 Yukon St
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

How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lakewood Studio Apartments | $1,533 | $525 | $4,280 |
| Cheap Lakewood 1 Bedroom Apartments | $1,706 | $939 | $6,126 |
| Cheap Lakewood 2 Bedroom Apartments | $2,113 | $880 | $6,659 |
| Cheap Lakewood 3 Bedroom Apartments | $2,572 | $1,449 | $6,804 |
| Cheap Lakewood 4 Bedroom Apartments | $3,295 | $2,284 | $6,210 |
Browse Top Apartments in Lakewood
See all Apartments in LakewoodExplore Lakewood
Lakewood, CO Local Guide

- Lakewood Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lakewood, CO
Pricing Updated: 01/29/2026Current apartment rentals in the Lakewood, CO area range in price from $525 to $6,804 with an overall median price of $2,532. The three Lakewood neighborhoods with the lowest median rent pricing are Edgewood at $895, North Alameda at $1,050, and Morse Park at $525. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Edgewood | $1,689 | $895 | 34 |
| North Alameda | $1,999 | $1,050 | 9 |
| Morse Park | $2,284 | $525 | 632 |
| Belmar | $2,420 | $1,139 | 78 |
| Lasley | $2,525 | $960 | 320 |
| Eiber | $2,649 | $945 | 64 |
| Lakewood/West Corridor | $4,160 | $525 | 1477 |
Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in Lakewood, CO is a 1 Bed unit found at Avenida Del Sol in the South Alameda neighborhood priced from $698. Tabor Lake in the Ryan Ranch neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here is today’s list of the most affordable Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avenida Del Sol | A1 | 1BR,1BA | $698 |
| Tabor Lake | Studio A | Studio,1BA | $849 |
| Squire Apartments | Studio | Studio,1BA | $895 |
| Cavalier Club Apartments | Studio | Studio,1BA | $900 |
| Kendall Street | ONE BEDROOM- KENDALL | 1BR,1BA | $925 |
| Virginia Park | VIRGINIA PARK JUNIOR ONE BEDROOM - 500 SQ FT | 1BR,1BA | $925 |
| Alpine Flats | 1 Bedroom | 1BR,1BA | $939 |
| Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $945 |
| Holiday Gardens | HOLIDAY GARDENS- ONE BEDROOM- C | 1BR,1BA | $950 |
| Sorella at Loretto Heights | A03 Affordable | 1BR,1BA | $960 |
Best Value Apartments for Rent in Lakewood, CO
As of January 30, 2026 the best value apartment in the Lakewood area is the $0.89 price per square foot 3294 S Newton St Model at 3294 S Newton St in the in the Southwest Denver neighborhood starting from $2,500. The second greatest value Lakewood apartment is the 2BR/1.0BA Model at W. 46th Avenue starting at $1,305 with a $1.29 price per square foot in the Bel Aire neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3294 S Newton St | 3294 S Newton St | 3BR,1BA | $0.89 |
| W. 46th Avenue | 2BR/1.0BA | 2BR,1BA | $1.29 |
| 8332 W 26th Ave | Crown Hill | 2BR,1BA | $1.43 |
| 3262 Stuart St, Unit #2 | 3262 Stuart St | 2BR,1BA | $1.39 |
| Reed Park Apartments | 2BR/2BA | 2BR,2BA | $1.47 |
| Elm Creek Apartments | EC 2 Bed 1 Bath | 2BR,1BA | $1.24 |
| Avon North Apartments | 1X1 | 1BR,1BA | $1.32 |
| Avenida Del Sol | B1 | 2BR,1BA | $1.02 |
| The Kimberly Apartments | 0x1 | Studio ,1BA | $1.48 |
| Westland Apartments | 1x1 | 1BR,1BA | $1.44 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe 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
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.
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.
Best Local Schools in Lakewood, CO
Devinny Elementary School
Green Mountain High School
Dunstan Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakewood, CO Rentals by Map
See the most popular apartments and homes in Lakewood, CO
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 $960.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Avenida Del Sol which is listed at $698, while the average apartment in Lakewood costs $2,532.
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 123 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 $261 which is $2,271 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

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.

Your Guide to Picking the Perfect Denver Neighborhood for Student Renters
Written by: Marie McGinnis
Many dream of attending college in Denver. Nothing beats the big-city opportunities with close access to outdoor activities.

The Essential Guide to Denver Neighborhoods for Employees of Lockheed Martin, DIA, and Deloitte
Written by: Marie McGinnis
Denver is a bustling city with a strong economy, numerous outdoor activities, and a robust cultural scene.

Experience Life as a Local: The Insider's Guide to Renting in Denver
Written by: Marie McGinnis
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.