
Cheap Apartments for Rent in Lakewood, CO from $500 with Washer/Dryer (76 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.


12121 W Nevada Dr

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Sheridan Station Apartments

1435 Otis St

Axis West Flats

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Oak Street Station

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Americana Lakewood Apartments

1600 Hoyt

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Glen at Lakewood

Brickhouse at Lamar Station
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.

Parkview Terrace

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Traverse

Ascend at Red Rocks

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The Huntington

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St. Moritz Apartments

Beautiful Remodeled Apartments - includes washer/dryer Must See!

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The Cooper

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Dover Commons Apartments

The Heights by Marston Lake

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Westwood Green
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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Residences at Bear Creek

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Lime Apartments

Elevate at Red Rocks

The Kimberly Apartments

Holiday Gardens

West Line Flats

Squire Gardens Apartments

WestEdge Apartments

Sloan's Lake Apartments

8332 W 26th Ave
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.

10620 W 8th Ave

Sheridan Station Lofts

Marston Pointe

1091 Carr St

Lake Lochwood Apartments

Avenida Del Sol

SloHi Flats

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Squire Apartments

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Sloan's Place Apartments

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The Everett
Making It Work in the Mile High City: Your Essential Guide to Denver's Living Costs
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.

3670 S Lowell Blvd

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1515 Flats

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X at Sloans

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Fielders Creek

Regatta Sloans Lake

Sienna on Sloans Lake

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4625 W 25th Ave, Unit 4625 W. 25th Ave, Unit 4625 W. 25th Ave

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Treeline Denver

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Cirrus

Aurum
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

How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,530 | $525 | $2,895 |
| Lakewood 1 Bedroom Apartments | $1,783 | $684 | $6,667 |
| Lakewood 2 Bedroom Apartments | $2,186 | $880 | $8,830 |
| Lakewood 3 Bedroom Apartments | $2,861 | $1,395 | $10,000+ |
| Lakewood 4 Bedroom Apartments | $3,137 | $2,199 | $3,895 |
Explore Lakewood
Lakewood, CO Local Guide
- Lakewood Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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, COPopulation: 156,798
Ranked #163
in US Census Population by City
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 $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.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.