Cheap Apartments for Rent in the Applewood Neighborhood of Lakewood, CO from $500 (26 Rentals)

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

property at 1045 Balsam St

$935 - $1,385

Studio To 2 Bedroom Rentals

Available Now

1045 Balsam St

LakewoodCO80214

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.

property at 825 Oak St

$1,145

1 Bedroom Rentals

Available Now

825 Oak St

LakewoodCO80215
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Indy Street Flats
Studio to 3 Bedroom Apartments

Indy Street Flats

1440 Independence StLakewood, CO 80215

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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10500 W 8th Ave
1 Bedroom Apartments

10500 W 8th Ave

10500 W 8th AveLakewood, CO 80215
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1495 Balsam
Studio to 1 Bedroom Apartments

1495 Balsam

1495 Balsam StLakewood, CO 80214
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Greenway Apartments
Studio to 1 Bedroom Apartments

Greenway Apartments

10626 W 7th AveLakewood, CO 80215
  • Utilities Included
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Westland Apartments
1 to 2 Bedroom Apartments

Westland Apartments

9905 W 21st AveLakewood, CO 80215
  • 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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COTTONWOOD APARTMENTS
1 to 2 Bedroom Apartments

COTTONWOOD APARTMENTS

8220 W 16th PlLakewood, CO 80214
  • Utilities Included
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10687 6th Pl
1 Bedroom Apartments

10687 6th Pl

10687 6th PlLakewood, CO 80215
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WestEdge Apartments
Studio to 2 Bedroom Apartments

WestEdge Apartments

1588 Routt StLakewood, CO 80215
Corporate Housing

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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Tabor Lake
Studio to 2 Bedroom Apartments

Tabor Lake

12100 W 44th AveWheat Ridge, CO 80033
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Newgate
1 to 2 Bedroom Apartments

Newgate

10400 W 44th AveWheat Ridge, CO 80033

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 Studio unit found at Tabor Lake priced from $899. 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 ListingModel NameBed/BathPriced From
Tabor LakeStudio AStudio,1BA$899
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$945
Applewood Retirement CommunityStudioStudio,1BA$980
Allied ApartmentsOne bedroom1BR,1BA$995
1495 Balsam1x11BR,1BA$1,025
Greenway Apartments1 Bedroom1BR,1BA$1,045
Oak Street Apartments1x11BR,1BA$1,145
COTTONWOOD APARTMENTS1x11BR,1BA$1,150
Wadsworth Station West1x11BR,1BA$1,195
Newgate1BR/1BA - 1A1BR,1BA$1,195

Best Value Apartments for Rent in Applewood, CO

As of January 05, 2026 the best value apartment in the Applewood area is the $1.45 price per square foot 2BR/1.5BA Model at W. 46th Avenue in the in the Bel Aire neighborhood starting from $1,725. The second greatest value Applewood apartment is the 3/1 Model at Eagle Crest starting at $1,875 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
W. 46th Avenue2BR/1.5BA2BR,1.5BA$1.45
Eagle Crest3/13BR,1BA$1.70
Vintage Place Retirement 55+-No Pets Allowed2 bed 2 bath2BR,2BA$1.64
8332 W 26th AveCrown Hill2BR,1BA$1.43
Hilltop Apartments2x12BR,1BA$1.60
Ridgemoor Apartment HomesA52BR,1BA$1.53
Westland Apartments2x12BR,1BA$1.56
Villa Rosa2x1 Upstairs Balcony2BR,1BA$1.63
Copperwood Apartments2x12BR,1BA$1.68
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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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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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!

Frequently Asked Questions about Cheap Applewood Apartments

What is the Cheapest Studio apartment in Applewood?

Currently the most affordable Cheap Studio Apartment in Applewood is at Tabor Lake listed at $899.

How much is rent for a Cheap One Bedroom Applewood Apartment?

The lowest price for a Cheap One Bedroom Applewood Apartment is $945 at Westhaven Senior Apartments 62+.

What is the lowest price for a Cheap Two Bedroom Applewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Applewood is starting from $1,225 at Villa Rosa.

What is the most affordable Applewood Three Bedroom Apartment?

The best deal on a cheap Applewood Three Bedroom Apartment rental is at Ridgemoor Apartment Homes and starts from $1,449.

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

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Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!