Cheap Homes for Rent in Lakewood, CO from $500 (72 Rentals)

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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.

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.

Experience Life as a Local: The Insider's Guide to Renting in Denver

Explore Denver with a local! Discover historic neighborhoods like LoDo & Capitol Hill, top attractions, best dining spots, public transit, and fun things to do in the Mile High City.

property at 1495 Vrain St

1495 Vrain St

DenverCO80204

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.

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.

Lakewood, CO Local Guide

Cheapest Neighborhoods for Apartments in Lakewood, CO

Pricing Updated: 11/15/2025

Current apartment rentals in the Lakewood, CO area range in price from $525 to $7,277 with an overall median price of $2,905. The three Lakewood neighborhoods with the lowest median rent pricing are Edgewood at $996, Morse Park at $525, and North Alameda at $1,095. 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$2,002$99659
Morse Park$2,100$525655
North Alameda$2,750$1,0959
Eiber$2,766$94555
Belmar$2,814$1,21877
Lasley$2,904$895357
Lakewood/West Corridor$5,000$5251586

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. Live On South Federal in the Southwest Denver neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $929. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mansard Square Apartments1X11BR,1BA$895
Live On South FederalTA 1 Bed 1 Bath1BR,1BA$929
Autumn Ridge ApartmentsTA 1 Bed 1 Bath1BR,1BA$929
PinecrestTA 1 Bed 1 Bath1BR,1BA$929
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$945
Bear Valley Village ApartmentsStudio ApartmentStudio,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

Best Value Apartments for Rent in Lakewood, CO

As of November 15, 2025 the best value apartment in the Lakewood area is the $1.36 price per square foot 2x1 Model at 3650 Upham in the in the Regis neighborhood starting from $1,375. The second greatest value Lakewood apartment is the 1 Bed, 1 bath Model at The Irving at Mile High Vista starting at $1,500 with a $1.50 price per square foot in the Colfax 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.
3650 Upham2x12BR,1BA$1.36
The Irving at Mile High Vista1 Bed, 1 bath1BR,1BA$1.50
THE PINES ApartmentsLarge 2 Bedroom/ 2 Bath2BR,2BA$1.42
Lakeview Heights2BR2BR,1BA$1.42
8332 W 26th AveCrown Hill2BR,1BA$1.43
Lime Apartments2 Bedroom 1 Bathroom2BR,1BA$1.49
Elm Creek ApartmentsEC 2 Bed 1 Bath2BR,1BA$1.53
COTTONWOOD APARTMENTS2x12BR,1BA$1.47
Avon North Apartments1X11BR,1BA$1.32
The Kimberly Apartments0x1Studio ,1BA$1.33

The Essential Guide to Denver Neighborhoods for Employees of Lockheed Martin, DIA, and Deloitte

Explore dynamic Denver neighborhoods like Ballpark, Five Points, and East Westminster. Find the perfect apartment with a great lifestyle and easy access to major employers and cultural hubs.

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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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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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The Student Renter's Ultimate Guide to Picking the Perfect Denver Neighborhood to Rent

Learn About the Best Neighborhoods to Rent Near College Campuses in Denver, CO | Find Denver Off-Campus Student Housing at ApartmentHomeLiving.com

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

Explore Lakewood, CO Rentals by Map

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 1415 Apartments for Rent in Lakewood, CO with pricing that ranges from $525 to $8,450. There are also 439 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $575 to $10,750.

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 $575 to $10,750 with an average monthly rent of $2,494.

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 $1,499 to $7,277, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $5,800. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,760.

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.