Cheap Apartments for Rent in Lakewood, CO from $500 (278 Rentals)

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

property at 1429 Gray St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available May 1

1429 Gray St

LakewoodCO80214
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The Pines Apartments
Rent Specials
$996 - $2,113
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$996 - $2,113

Total Monthly Price
$996 - $2,113
Studio to 3 Bedroom Apartments Available Now

The Pines Apartments

148 S Zang WayLakewood, CO 80228
Pet Friendly
  • Verified
  • Customer Reviewed
  • Low Income
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The Loop at Lamar Station
Rent Specials
$1,095 - $1,425
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,425

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Loop at Lamar Station

1450 Lamar StLakewood, CO 80214
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1391 Carr

$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

1391 Carr

LakewoodCO80226
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Bear Valley Village Apartments
Rent Specials
$1,106 - $1,437
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,426
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available May 9

Bear Valley Village Apartments

9803 W Girton DrLakewood, CO 80227
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Lakeview Towers at Belmar
Rent Specials
$1,117 - $1,770
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,703
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
property at 12121 W Nevada Dr

$1,161

Total Monthly Price

Total Monthly Price

Base Rent
$1,161

Total Monthly Price
$1,161

2 Bedroom, 1 Bath Home for Rent

Available May 5

12121 W Nevada Dr

LakewoodCO80228
property at 688 Miller Ct

$1,166

Total Monthly Price

Total Monthly Price

Base Rent
$1,166

Total Monthly Price
$1,166

1 Bedroom, 1 Bath Home for Rent

Available Now

688 Miller Ct

LakewoodCO80215

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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Belmar Villas
Rent Specials
$1,173 - $2,474
Total Monthly Price

Total Monthly Price

Base Rent
$1,104 - $2,405
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
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Timberleaf Apartments
Rent Specials
$1,195 - $2,067
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $2,067

Total Monthly Price
$1,195 - $2,067
1 to 3 Bedroom Apartments Available Now

Timberleaf Apartments

1388 Garrison StLakewood, CO 80215
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • Low Income
property at 6283 W 11th Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

6283 W 11th Ave

LakewoodCO80214
property at 1348 Vance St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

1348 Vance St

LakewoodCO80214
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Ridgemoor Apartment Homes
Rent Specials
$1,196 - $2,104
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,196 - $2,104

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
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 Now

1435 Otis St

LakewoodCO80214
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Mountain Vista
Rent Specials
$1,217 - $1,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,163 - $1,870
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

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.

property at 1021 Carr St

$1,240

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Required Monthly Fees
$45

Total Monthly Price
$1,240

2 Bedroom, 1 Bath Home for Rent

Available Now

1021 Carr St

LakewoodCO80214
property at 1021 Carr St

$1,240

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Required Monthly Fees
$45

Total Monthly Price
$1,240

2 Bedroom, 1 Bath Home for Rent

Available Now

1021 Carr St

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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The Huntington
Rent Specials
$1,251 - $3,437
Total Monthly Price

Total Monthly Price

Base Rent
$1,235 - $3,421
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
  • Verified
  • Customer Reviewed
  • 3D Tour
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Oak Street Station
Rent Specials
$1,261 - $2,847
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $2,841
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Oak Street Station

1420 Oak StLakewood, CO 80215
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1045 Balsam St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 2 Bath Home for Rent

Available Now

1045 Balsam St

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.

property at 212 S Carr St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

212 S Carr St

LakewoodCO80226
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Union Square Apartments
Rent Specials
$1,300 - $1,875
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $1,875

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Union Square Apartments

13050 W Cedar DrLakewood, CO 80228
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • 3D Tour
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Glen at Lakewood
Rent Specials
$1,326 - $2,326
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,326 - $2,326

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Glen at Lakewood

453 Van Gordon StLakewood, CO 80228
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 740 Moore St

$1,330 - $1,345

Total Monthly Price

Total Monthly Price

Base Rent
$1,330

Total Monthly Price
$1,330

2 Bedroom Rentals

Available Now

740 Moore St

LakewoodCO80215
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Traverse
Rent Specials
$1,336 - $2,278
Total Monthly Price

Total Monthly Price

Base Rent
$1,232 - $2,174
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Traverse

5495 W 10th AveLakewood, CO 80214
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 730 Moore St

$1,345

Total Monthly Price

Total Monthly Price

Base Rent
$1,345

Total Monthly Price
$1,345

2 Bedroom, 1 Bath Home for Rent

Available Jun 16

730 Moore St

LakewoodCO80215

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Planning a move to Denver? See the exact monthly costs for singles and families, along with essential advice on finding affordable rentals and cutting utility bills.

property at 8545 W Dakota Ave

$1,395 - $3,290

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 To 2 Bedroom Rentals

Available Now

8545 W Dakota Ave

LakewoodCO80226
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St. Moritz Apartments
Rent Specials
$1,406 - $2,075
Total Monthly Price

Total Monthly Price

Base Rent
$1,396 - $2,065
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

St. Moritz Apartments

1724 Robb StLakewood, CO 80215
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Four Winds
Rent Specials
$1,427 - $1,583
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,389 - $1,545
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Four Winds

7500-7506 W 10th AveLakewood, CO 80214
Corporate Housing
  • Verified
  • 3D Tour
  • Smoke Free

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.

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: 04/30/2026

Current apartment rentals in the Lakewood, CO area range in price from $525 to $15,673 with an overall median price of $4,587. The three Lakewood neighborhoods with the lowest median rent pricing are Morse Park at $525, North Alameda at $1,325, and Lasley at $684. 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$2,155$525498
North Alameda$2,415$1,3255
Lasley$2,593$684247
Eiber$2,682$94530
Edgewood$3,195$899100
Belmar$3,400$684312
Lakewood/West Corridor$15,673$5251190

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. All Saints Apartments in the Southwest Denver neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $684. 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
All Saints ApartmentsWaitast11BR,1BA$684
Avenida Del SolA11BR,1BA$733
Squire ApartmentsStudioStudio,1BA$899
Warren ClubWARREN CLUB ONE BEDROOM1BR,1BA$925
1495 Balsam0x1Studio,1BA$945
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$945
Virginia ParkVIRGINIA PARK JUNIOR ONE BEDROOM - 500 SQ FT1BR,1BA$950
The Kimberly Apartments0x1Studio,1BA$950
Kimberly Arms1 Bed 1 Bath1BR,1BA$950

Best Value Apartments for Rent in Lakewood, CO

As of April 30, 2026 the best value apartment in the Lakewood area is the $1.54 price per square foot B2 Model at Elowyn in the in the Bear Valley neighborhood starting from $2,395. The second greatest value Lakewood apartment is the EA-2x2(990) Model at Edelweiss Apartments starting at $1,550 with a $1.57 price per square foot in the Union Square 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.
ElowynB22BR,1.75BA$1.54
Edelweiss ApartmentsEA-2x2(990)2BR,2BA$1.57
Warren ClubWARREN CLUB TWO BEDROOM2BR,1BA$1.32
Cedar West ApartmentsTwo Bed2BR,1BA$1.61
Avenida Del SolB12BR,1BA$1.07
The Kimberly Apartments0x1Studio ,1BA$1.27
Westland Apartments1x11BR,1BA$1.44
947-951 Allison Street1x11BR,1BA$1.53
Williamsburg Community1x11BR,1BA$1.60
All Saints ApartmentsWaitast11BR,1BA$1.33

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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!

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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 $950.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is All Saints Apartments which is listed at $684, while the average apartment in Lakewood costs $4,587.

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 158 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 $372 which is $4,215 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.

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