
Cheap Apartments for Rent in Lakewood, NM from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.


Saddlecreek Apartments

Christa Lee Manor Apartments

Pueblo Chamisa

Mesa Verde - FREE Utilities
Lakewood, NM Local Guide

How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $895 | $690 | $1,100 |
Lakewood 1 Bedroom Apartments | $1,047 | $548 | $1,415 |
Lakewood 2 Bedroom Apartments | $1,373 | $500 | $2,240 |
Lakewood 3 Bedroom Apartments | $1,521 | $574 | $2,363 |
Browse Top Apartments in Lakewood
See all Apartments in LakewoodExplore Lakewood
Lakewood, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Lakewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakewood, NM is a 1 Bed unit found at Roselawn Manor priced from $422. Sierra Vista Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Lakewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Roselawn Manor | One Bedroom | 1BR,1BA | $422 |
Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
Mirador Apartments | 1 BEDROOM | 1BR,1BA | $650 |
Best Value Apartments for Rent in Lakewood, NM and Nearby
As of September 19, 2025 the best value apartment in the Lakewood area is the $1.20 price per square foot 3 Bed, 1.5 Bath Model at Villas of Briar Ridge in the starting from $1,437. The second greatest value Lakewood apartment is the 1007 1/2 W Avenue Q Model at 1007 1/2 W Avenue Q, Unit 1007 starting at $1,100 with a $1.01 price per square foot . Here is today’s list of the best values for Lakewood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Villas of Briar Ridge | 3 Bed, 1.5 Bath | 3BR,1.5BA | $1.20 |
1007 1/2 W Avenue Q, Unit 1007 | 1007 1/2 W Avenue Q | 2BR,1BA | $1.01 |
Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
Vista del Sol | One Bedroom | 1BR,1BA | $1.53 |
Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
Eagle Creek | One Bedroom | 1BR,1BA | $1.54 |
Sierra Vista Village | 2B/1B | 1BR,1BA | $1.42 |
Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakewood, NM Rentals by Map
See the most popular apartments and homes in Lakewood, NM
Frequently Asked Questions about Cheap Lakewood Apartments
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $422 at Roselawn Manor.
What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $500 at Roselawn Manor.
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.