Cheap Apartments for Rent in the Applewood Neighborhood of Lakewood, CO from $500 (40 Rentals)

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

property at 825 Oak St

825 Oak St

LakewoodCO80215

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.

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
Studio to 3 Bedroom Apartments

Indy Street Flats

1440 Independence StLakewood, CO 80215
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10500 W 8th Ave
1 Bedroom Apartments

10500 W 8th Ave

10500 W 8th AveLakewood, CO 80215
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10687 6th Pl
1 Bedroom Apartments

10687 6th Pl

10687 6th PlLakewood, CO 80215

Cash 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.

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Villa Rosa
2 to 3 Bedroom Apartments

Villa Rosa

10705 W 7th AveLakewood, CO 80215
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Swadley Apartments
Studio to 1 Bedroom Apartments

Swadley Apartments

1690 Swadley StLakewood, CO 80215
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Carr St Flats
Studio to 1 Bedroom Apartments

Carr St Flats

1391 Carr StLakewood, CO 80214
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COTTONWOOD APARTMENTS
1 to 2 Bedroom Apartments

COTTONWOOD APARTMENTS

8220 W 16th PlLakewood, CO 80214
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Westland Apartments
1 to 2 Bedroom Apartments

Westland Apartments

9905 W 21st AveLakewood, CO 80215
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10620 W 8th Ave
2 Bedroom Apartments

10620 W 8th Ave

10620 W 8th AveLakewood, CO 80215

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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717 Oak St
1 to 2 Bedroom Apartments

717 Oak St

717 Oak StLakewood, CO 80215
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Tabor Lake
Studio to 2 Bedroom Apartments

Tabor Lake

12100 W 44th AveWheat Ridge, CO 80033
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3680 Lee St
Studio to 1 Bedroom Apartments

3680 Lee St

3680 Lee StWheat Ridge, CO 80033
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Newgate
1 to 2 Bedroom Apartments

Newgate

10400 W 44th AveWheat Ridge, CO 80033

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.

Applewood, Lakewood, CO Local Guide

Cheapest Available Applewood Apartments for Rent

 

The cheapest available apartment rental in the Applewood area of Denver, CO is a 1 Bed unit found at Westhaven Senior Apartments 62+ priced from $945. Tabor Lake has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Applewood apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$945
Tabor LakeStudio AStudio,1BA$949
Applewood Retirement CommunityStudioStudio,1BA$980
Ridgemoor Apartment HomesA41BR,1BA$999
WestEdge ApartmentsStudioStudio,1BA$1,100
Greenway Apartments1 Bedroom1BR,1BA$1,130
Oak Street Apartments1x11BR,1BA$1,145
Wadsworth Station West1x11BR,1BA$1,195
Allied ApartmentsOne bedroom1BR,1BA$1,195
Timberleaf ApartmentsA11BR,1BA$1,199

Best Value Apartments for Rent in Applewood, CO

As of November 17, 2025 the best value apartment in the Applewood area is the $1.60 price per square foot 3/1 Model at Eagle Crest in the in the North Kipling neighborhood starting from $1,765. The second greatest value Applewood apartment is the 2 bed 2 bath Model at Vintage Place Retirement 55+-No Pets Allowed 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Crest3/13BR,1BA$1.60
Vintage Place Retirement 55+-No Pets Allowed2 bed 2 bath2BR,2BA$1.64
THE PINES ApartmentsLarge 2 Bedroom/ 2 Bath2BR,2BA$1.42
8332 W 26th AveCrown Hill2BR,1BA$1.43
COTTONWOOD APARTMENTS2x12BR,1BA$1.47
Redwood Apartments2x12BR,1BA$1.65
Villa Rosa2x1 Upstairs Balcony2BR,1BA$1.63
Copperwood Apartments2x12BR,1BA$1.68
Ridgemoor Apartment HomesA0Studio ,1BA$1.70
Westhaven Senior Apartments 62+1Br1Ba1BR,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.

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The 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.

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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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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!

Getting Around the Applewood Neighborhood in Lakewood, CO

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

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 $1,199.

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 $2,385.

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 12 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 $191 which is $2,194 cheaper than the average rent for all rentals in Applewood.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.