
Cheap Apartments for Rent in the Applewood Neighborhood of Lakewood, CO from $525 (91 Rentals)
Search the lowest-cost Apartments available for rent right now in the Applewood area of Lakewood.


11911 W 13th Ave

720 Moore St

Westhaven Senior Apartments 62+

Ridgemoor Apartment Homes

Willow Glen Senior

Carr

10450 W 8th Ave

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Notable

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Greenway Apartments
Denver's Best Affordable Neighborhoods
Learn about Denver and the best places to live with original content written by our Denver, CO Local Expert Marie McGinnis

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Timberleaf Apartments

Indy Street Flats

715 Moore St

10458 W 8th Ave

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Oak Street Station

800 Miller Ct, Unit 4

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St. Moritz Apartments

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Kipling Townhomes

Brentwood Manor Apartments

1250-1254 Carr St
Rent According to Income: A Look at Income-Restricted Rentals
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1375 Everett Ct, Unit 304

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1600 Hoyt

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Glen at Lakewood

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Westlink at Oak Station

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705 Moore St, Unit 3

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Riva Ridge Apartments

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Dover Commons Apartments

1391 Carr St, Unit 109

1391 Carr St, Unit 101

Bel Aire
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Eagle Crest

11545 W 16th Ave

8101-8195 W 9th Ave, Unit 8163

8101-8195 W 9th Ave, Unit 8153

1375 Everett Ct, Unit 302

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Applewood Crest Townhomes & Apartments

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13390 W 8th Ave, Unit Garde Apartment

Dudley Street Aprtments

Eiber Village Affordable Senior Living 62+

10500 W 8th Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

10747 W 6th Pl.

Allied Apartments

1495 Balsam

Boardwalk Apartments

COTTONWOOD APARTMENTS

Oak Street Apartments

10687 6th Pl

Westland Apartments

Highland Square Apartments

Wadsworth Station West
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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.
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 | $1,586 | $980 | $2,935 |
| Applewood 1 Bedroom Apartments | $1,834 | $875 | $3,405 |
| Applewood 2 Bedroom Apartments | $2,327 | $1,100 | $4,347 |
| Applewood 3 Bedroom Apartments | $2,675 | $1,456 | $5,513 |
| Applewood 4 Bedroom Apartments | $2,850 | $2,850 | $2,850 |
Browse Apartments in this Neighborhood
There are currently 91 rentals with your search options within a 2 mile radius of the Applewood Neighborhood of Lakewood, CO.
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Applewood, Lakewood, CO Local Guide
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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 $895. 10500 W 8th Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. 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 | $895 |
| 10500 W 8th Ave | 1 Beds, 1 Baths | 1BR,1BA | $950 |
| Applewood Retirement Community | Studio | Studio,1BA | $980 |
| Ridgemoor Apartment Homes | A3 | 1BR,1BA | $994 |
| Boardwalk Apartments | 1x1 | 1BR,1BA | $995 |
| Willow Glen Senior | 1 Bedroom | 1BR,1BA | $1,002 |
| Tabor Lake | Studio A | Studio,1BA | $1,015 |
| 10747 W 6th Pl. | 1BR/1.0BA | 1BR,1BA | $1,095 |
| Notable | SB | Studio,1BA | $1,105 |
| Greenway Apartments | 1 Bedroom | 1BR,1BA | $1,114 |
Best Value Apartments for Rent in Applewood, CO
As of August 26, 2026 the best value apartment in the Applewood area is the $1.58 price per square foot 3BR/1.0BA Model at 1020-1028 Balsam St in the in the Edgewood neighborhood starting from $1,895. The second greatest value Applewood apartment is the 2BR/1.5BA Model at W. 46th Avenue starting at $1,725 with a $1.45 price per square foot in the Bel Aire 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. |
|---|---|---|---|
| 1020-1028 Balsam St | 3BR/1.0BA | 3BR,1BA | $1.58 |
| W. 46th Avenue | 2BR/1.5BA | 2BR,1.5BA | $1.45 |
| Vintage Place Retirement 55+-No Pets | 2 bed 2 bath | 2BR,2BA | $1.64 |
| Brookside | 2 Beds, 1 Baths | 2BR,1BA | $1.47 |
| Timberleaf Apartments | B1 | 2BR,1BA | $1.40 |
| Westland Apartments | 2x1 | 2BR,1BA | $1.44 |
| 10491 W 7th Pl | 2 Beds, 1 Baths | 2BR,1BA | $1.56 |
| Redwood Apartments | 2x1 | 2BR,1BA | $1.68 |
| 10747 W 6th Pl. | 1BR/1.0BA | 1BR,1BA | $1.68 |
| Westhaven Senior Apartments 62+ | 1Br1Ba | 1BR,1BA | $1.56 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $1,114.
What is the price of a cheap apartment in Applewood?
The cheapest apartment in Applewood is Westhaven Senior Apartments 62+ which is listed at $895, while the average apartment in Applewood costs $1,944.
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 26 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 $134 which is $1,810 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.
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