
Cheap Apartments for Rent in the Applewood Neighborhood of Lakewood, CO from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Applewood area of Lakewood.


Westhaven Senior Apartments 62+

Total Monthly Price
Ridgemoor Apartment Homes

Highland Square Apartments

670 Miller Ct

10551 W 7th Pl

Wadsworth Station West

Total Monthly Price
Timberleaf Apartments
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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.

Notable

1600 Hoyt

Total Monthly Price
St. Moritz Apartments

8269 W 16th Pl

Total Monthly Price
Glen at Lakewood

Eiber Village Affordable Senior Living 62+

Indy Street Flats

10500 W 8th 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.

Allied Apartments

1495 Balsam

Westland Apartments

COTTONWOOD APARTMENTS

Greenway Apartments

Oak Street Apartments

10687 6th Pl

WestEdge Apartments
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Copperwood Apartments

Swadley Apartments

The McKenize Apartments

Carr St Flats

717 Oak St

10620 W 8th Ave

8332 W 26th Ave

Applewood Retirement Community
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1271 Balsam St

8283 W 16th Pl

8285 W 16th Pl

W. 46th Avenue

4450 Holland St

1273 Balsam St

Tabor Lake

Newgate
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Redwood Apartments

3680 Lee St

OAK NORTH
Applewood, Lakewood, CO Local Guide

How much does it cost to rent an apartment in Applewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Applewood Studio Apartments | $1,561 | $525 | $2,887 |
| Applewood 1 Bedroom Apartments | $1,810 | $945 | $3,233 |
| Applewood 2 Bedroom Apartments | $2,278 | $950 | $3,640 |
| Applewood 3 Bedroom Apartments | $2,456 | $1,449 | $5,363 |
| Applewood 4 Bedroom Apartments | $1,900 | $1,900 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Applewood Neighborhood of Lakewood, CO.
See all Apartments in LakewoodExplore Lakewood
Applewood, Lakewood, CO Local Guide
- Nearby Lakewood neighborhoods
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Cheapest Available Applewood Apartments for Rent
 The cheapest available apartment rental in the Applewood area of Denver, CO is a Studio unit found at Tabor Lake priced from $849. Westhaven Senior Apartments 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable Applewood apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tabor Lake | Studio Accessible A | Studio,1BA | $849 |
| Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $945 |
| Ridgemoor Apartment Homes | A1 | 1BR,1BA | $949 |
| Applewood Retirement Community | Studio | Studio,1BA | $980 |
| 1495 Balsam | 0x1 | Studio,1BA | $995 |
| Westland Apartments | 1x1 | 1BR,1BA | $995 |
| COTTONWOOD APARTMENTS | 1x1 | 1BR,1BA | $1,095 |
| Highland Square Apartments | 2 bedroom | 2BR,1BA | $1,125 |
| Newgate | 1BR/1BA - 1A | 1BR,1BA | $1,176 |
| Wadsworth Station West | 1x1 | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Applewood, CO
As of February 25, 2026 the best value apartment in the Applewood area is the $1.51 price per square foot 3/1R Model at Eagle Crest in the in the North Kipling neighborhood starting from $1,665. The second greatest value Applewood apartment is the 2 bed 2 bath Model at Vintage Place Retirement 55+-No Pets starting at $1,750 with a $1.64 price per square foot in the Morse Park neighborhood. Here is today’s list of the best values for Applewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Crest | 3/1R | 3BR,1BA | $1.51 |
| Vintage Place Retirement 55+-No Pets | 2 bed 2 bath | 2BR,2BA | $1.64 |
| Applewood Crest Townhomes & Apartments | AC-2x2(1007) | 2BR,2BA | $1.73 |
| Highland Square Apartments | 2 bedroom | 2BR,1BA | $1.61 |
| Newgate | 1BR/1BA - 1A | 1BR,1BA | $1.70 |
| Westland Apartments | 1x1 | 1BR,1BA | $1.44 |
| Timberleaf Apartments | A1 | 1BR,1BA | $1.77 |
| Wadsworth Station West | 1x1 | 1BR,1BA | $1.84 |
| COTTONWOOD APARTMENTS | 1x1 | 1BR,1BA | $1.83 |
| Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $1.65 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 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.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Lakewood. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Applewood Apartments
What is a cheap apartment in Applewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Applewood is under $1,195.
What is the price of a cheap apartment in Applewood?
The cheapest apartment in Applewood is Westhaven Senior Apartments 62+ which is listed at $945, while the average apartment in Applewood costs $2,348.
What types of apartments are the cheapest in Applewood?
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 17 regular apartments in Applewood 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 Applewood?
Cheap apartments in Applewood have an average cost of $101 which is $2,247 cheaper than the average rent for all rentals in Applewood.
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
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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
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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
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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.
Articles, How-To's, and Tips

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.

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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.