
Cheap Apartments for Rent in the Applewood Neighborhood of Lakewood, CO from $500 (80 Rentals)
Search the lowest-cost Apartments available for rent right now in the Applewood area of Lakewood.


11911 W 13th Ave

Westhaven Senior Apartments 62+

1391 Carr

688 Miller Ct

Total Monthly Price
Ridgemoor Apartment Homes

Total Monthly Price
Timberleaf Apartments

Notable

740 Moore St

730 Moore St
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.

Highland Square Apartments

Total Monthly Price
Oak Street Station

1600 Hoyt

8269 W 16th Pl

Glen at Lakewood

Total Monthly Price
St. Moritz Apartments

1045 Balsam St

Brentwood Manor Apartments

Total Monthly Price
Dover Commons Apartments

Elevate at Red Rocks
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.

Bel Aire

Total Monthly Price
Riva Ridge Apartments

Eagle Crest

429 Wright St

Total Monthly Price
2275 Estes Street, Unit #3, Unit #3

Total Monthly Price
Applewood Crest Townhomes and Apartments

1600 Tabor St, Unit A, Unit A

10145 W 25th Ave, Unit 74, Unit 74

Total Monthly Price
Solana Lakewood 55+ Active Adult Community

8302-8308 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.

Eiber Village Affordable Senior Living 62+

10500 W 8th Ave

Allied Apartments

1495 Balsam

Westland Apartments

Boardwalk Apartments

Greenway Apartments

Oak Street Apartments

10687 6th Pl

Wadsworth Station West
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.

COTTONWOOD APARTMENTS

Copperwood Apartments

WestEdge Apartments

The McKenize Apartments

1690 Swadley St

Indy Street Flats

Carr St Flats

717 Oak St

8332 W 26th Ave

10620 W 8th Ave
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

How much does it cost to rent an apartment in Applewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Applewood Studio Apartments | $1,548 | $525 | $2,885 |
| Applewood 1 Bedroom Apartments | $1,861 | $945 | $3,065 |
| Applewood 2 Bedroom Apartments | $2,304 | $950 | $3,645 |
| Applewood 3 Bedroom Apartments | $2,653 | $1,395 | $5,463 |
Browse Apartments in this Neighborhood
There are currently 80 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $979. Here are the most affordable Applewood apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $945 |
| Tabor Lake | Studio A | Studio,1BA | $979 |
| Applewood Retirement Community | Studio | Studio,1BA | $980 |
| Westland Apartments | 1x1 | 1BR,1BA | $995 |
| 1495 Balsam | 0x1 | Studio,1BA | $995 |
| Boardwalk Apartments | 1x1 | 1BR,1BA | $1,045 |
| Ridgemoor Apartment Homes | B2 | 2BR,2BA | $1,196 |
| Timberleaf Apartments | B1 | 2BR,1BA | $1,214 |
| Newgate | 1BR/1BA - 1A | 1BR,1BA | $1,216 |
| 1600 Hoyt | A1 | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Applewood, CO
As of April 11, 2026 the best value apartment in the Applewood area is the $1.64 price per square foot 2 bed 2 bath Model at Vintage Place Retirement 55+-No Pets in the in the Morse Park neighborhood starting from $1,750. The second greatest value Applewood apartment is the 2/1U Model at Eagle Crest starting at $1,570 with a $1.65 price per square foot in the North Kipling 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. |
|---|---|---|---|
| Vintage Place Retirement 55+-No Pets | 2 bed 2 bath | 2BR,2BA | $1.64 |
| Eagle Crest | 2/1U | 2BR,1BA | $1.65 |
| Ridgemoor Apartment Homes | A5 | 2BR,1BA | $1.46 |
| Brentwood Manor Apartments | Brentwood Manor - Washer Dryer In Unit ** Speci... | 2BR,1BA | $1.81 |
| Copperwood Apartments | 2x1 | 2BR,1BA | $1.80 |
| Newgate | 1BR/1BA - 1A | 1BR,1BA | $1.75 |
| Westland Apartments | 1x1 | 1BR,1BA | $1.44 |
| Timberleaf Apartments | A1 | 1BR,1BA | $1.82 |
| Boardwalk Apartments | 1x1 | 1BR,1BA | $1.74 |
| Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $1.65 |
10 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 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 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 $1,299.
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 $18,880.
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 11 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 $121 which is $18,759 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
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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.