Cheap New Apartments for Rent in Lakewood, CO from $500 (48 Rentals)

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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.

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Indy Street Flats
Built in 2019Studio to 3 Bedroom Apartments

Indy Street Flats

1440 Independence StLakewood, CO 80215
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1091 Carr St
Built in 20201 Bedroom Apartments

1091 Carr St

1091 Carr StLakewood, CO 80214
  • Utilities Included

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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Sloans Place
Built in 2019Studio to 1 Bedroom Apartments

Sloans Place

1540 Sheridan BlvdDenver, CO 80214
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Arroyo Village
Built in 20192 Bedroom Apartments

Arroyo Village

1299 Knox CtDenver, CO 80204
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Meade
Built in 2018Studio to 1 Bedroom Apartments

Meade

1298 Meade StDenver, CO 80204
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Pancratia Hall Lofts
Built in 2022Studio to 3 Bedroom Apartments

Pancratia Hall Lofts

3144 W Frances Walsh PlDenver, CO 80236
  • Utilities Included

Denver's Best Affordable Neighborhoods

Learn about Denver and the best places to live with original content written by our Denver, CO Local Expert Marie McGinnis

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1775 Federal Blvd
Built in 20201 to 2 Bedroom Apartments

1775 Federal Blvd

1775 Federal BlvdDenver, CO 80204
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Harley House
Built in 20201 Bedroom Apartments

Harley House

5151 W 10th AveDenver, CO 80204
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Tabor Lake
Built in 2022Studio to 2 Bedroom Apartments

Tabor Lake

12100 W 44th AveWheat Ridge, CO 80033
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Lakewood, CO Local Guide

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.

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $995.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Mansard Square Apartments which is listed at $885, while the average apartment in Lakewood costs $2,754.

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 170 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 $425 which is $2,329 cheaper than the average rent for all rentals in Lakewood.

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.

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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.

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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.