Cheap Homes for Rent in Lakewood, CO from $500 (57 Rentals)

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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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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.

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property at 16259 W 10th Ave

16259 W 10th Ave

GoldenCO80401
property at 1080 S Eliot St

1080 S Eliot St

DenverCO80219

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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property at 1495 Vrain St

1495 Vrain St

DenverCO80204

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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property at 3000 Ward Ct

3000 Ward Ct

Wheat RidgeCO80215
property at 4899 S Dudley St

4899 S Dudley St

DenverCO80123

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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Lakewood, CO Local Guide

Cheapest Neighborhoods for Apartments in Lakewood, CO

Pricing Updated: 09/20/2025

Current apartment rentals in the Lakewood, CO area range in price from $525 to $7,277 with an overall median price of $2,396. The three Lakewood neighborhoods with the lowest median rent pricing are Edgewood at $995, Morse Park at $525, and North Alameda at $1,195. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Edgewood$1,662$99528
Morse Park$1,824$525473
North Alameda$2,047$1,1954
Belmar$2,395$931553
Eiber$2,579$945103
Lasley$2,666$895374
Lakewood/West Corridor$3,599$5251309

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, CO is a 1 Bed unit found at Mansard Square Apartments in the Southwest Denver neighborhood priced from $895. Westhaven Senior Apartments 62+ in the Daniels Garden neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mansard Square Apartments1X11BR,1BA$895
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$945
Tabor LakeStudio AStudio,1BA$949
Cavalier Club ApartmentsStudioStudio,1BA$950
Lost Creek Apartments1 Beds, 1 Baths1BR,1BA$975
Applewood Retirement CommunityStudioStudio,1BA$980
Cornell Apartments1 Bed, 1 Bath1BR,1BA$995
Del Corazon1X11BR,1BA$995
Squire ApartmentsOne Bedroom1BR,1BA$995
The Kimberly Apartments0x1Studio,1BA$995

Best Value Apartments for Rent in Lakewood, CO

As of September 21, 2025 the best value apartment in the Lakewood area is the $1.56 price per square foot 1760 Eaton St Model at 1760 Eaton St, Unit 2 in the in the Edgewood neighborhood starting from $1,795. The second greatest value Lakewood apartment is the Peak Model at Loretto Heights starting at $1,576 with a $1.51 price per square foot in the Southwest Denver neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1760 Eaton St, Unit 21760 Eaton St2BR,1BA$1.56
Loretto HeightsPeak2BR,2BA$1.51
THE PINES ApartmentsLarge 2 Bedroom/ 2 Bath2BR,2BA$1.52
Squire ApartmentsThree Bedroom3BR,1BA$1.43
Lakeview Heights2BR2BR,1BA$1.53
Lime Apartments2 Bedroom 1 Bathroom2BR,1BA$1.55
Elm Creek ApartmentsElm Creek 2 Bed 1 Bath2BR,1BA$1.53
COTTONWOOD APARTMENTS2x12BR,1BA$1.53
The Kimberly Apartments0x1Studio ,1BA$1.33
Mansard Square Apartments1X11BR,1BA$1.53

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Lakewood, CO

Ranked #4

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lakewood, CO

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lakewood, CO Rentals by Map

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See the most popular apartments and homes in Lakewood, CO

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 1407 Apartments for Rent in Lakewood, CO with pricing that ranges from $525 to $9,375. There are also 433 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $550 to $6,500.

What is the current price range for Rental Homes in Lakewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $550 to $6,500 with an average monthly rent of $2,510.

How much are larger Three and Four Bedroom Rentals in Lakewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,350 to $7,277, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $5,800. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,995.

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.

decorative image for The 10 Best Affordable Neighborhoods in Denver, CO article

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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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.