Cheap Homes for Rent in Lakewood, CO from $700 (92 Rentals)

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property at 447 Wright St

447 Wright St

LakewoodCO80228

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Denver's Best Affordable Neighborhoods

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Lakewood, CO Local Guide

Cheapest Neighborhoods for Apartments in Lakewood, CO

Pricing Updated: 06/19/2025

Current apartment rentals in the Lakewood, CO area range in price from $700 to $9,000 with an overall median price of $3,185. The three Lakewood neighborhoods with the lowest median rent pricing are Belmar at $1,250, Edgewood at $1,400, and Lasley at $900. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Belmar$2,100$1,2504
Edgewood$2,800$1,40010
Lasley$3,100$9004
North Alameda$3,200$7008
Eiber$3,400$1,3958
Morse Park$3,500$1,3002
Lakewood/West Corridor$4,200$700140

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, CO is a Studio unit found at Highland West Senior Citizens Apartments in the Regis neighborhood priced from $869. Alpine Flats in the Colfax neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $887. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland West Senior Citizens ApartmentsStudio, 1 bathStudio,1BA$869
Alpine FlatsStudioStudio,1BA$887
Mansard Square Apartments1X11BR,1BA$895
Live On South FederalFederal Terrace 1 Bed 1 Bath1BR,1BA$899
Autumn Ridge ApartmentsFederal Terrace 1 Bed 1 Bath1BR,1BA$899
PinecrestFederal Terrace 1 Bed 1 Bath1BR,1BA$899
The Hill ApartmentsFederal Terrace 1 Bed 1 Bath1BR,1BA$899
Federal Terrace ApartmentsFederal Terrace 1 Bed 1 Bath1BR,1BA$899
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$905
Tabor LakeStudio AStudio,1BA$929

Best Value Apartments for Rent in Lakewood, CO

As of June 20, 2025 the best value apartment in the Lakewood area is the $1.05 price per square foot 3 Bedroom Model at Perry Houses in the in the West Highland neighborhood starting from $2,695. The second greatest value Lakewood apartment is the 4 Bed 3 Bath B Model at Stanford Commons starting at $3,500 with a $1.41 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.
Perry Houses3 Bedroom3BR,2BA$1.05
Stanford Commons4 Bed 3 Bath B4BR,3BA$1.41
3650 Upham St2x12BR,1BA$1.36
Lime Apartments2 Bedroom 1 Bathroom2BR,1BA$1.55
Cottonwood Apartments2x12BR,1BA$1.53
Timberleaf ApartmentsB12BR,1BA$1.59
Highland West Senior Citizens ApartmentsOne bedroom1BR,1BA$1.53
The Kimberly Apartments1x11BR,1BA$1.46
Mansard Square Apartments1X11BR,1BA$1.53
Westhaven Senior Apartments 62+1Br1Ba1BR,1BA$1.58

Quick Rent Budget Calculator

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 1361 Apartments for Rent in Lakewood, CO with pricing that ranges from $525 to $11,750. There are also 328 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $700 to $9,000.

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 $700 to $9,000 with an average monthly rent of $2,441.

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 $1,356 to $11,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $5,750. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,150.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.