211 W Chisum Ave
ArtesiaNM88210
Cheap Homes for Rent in Lakewood, NM from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.
712 S Washington Ave
RoswellNM88203
908.5 Bullock Ct
ArtesiaNM88210
close
View Me
$8501 Bedroom Apartments Available Now
2601 N Kentucky Ave
2601 N Kentucky AveRoswell, NM 88201
609 W 11th St
RoswellNM88201
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.
207 W Chisum Ave
ArtesiaNM88210
1000 W Summit St
RoswellNM88203
2607 Missouri St
CarlsbadNM88220
405 S Walnut St
CarlsbadNM88220
277 E Darby Rd
DexterNM88230
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.
909 S 10th St
ArtesiaNM88210
613 S Hemlock Ave
RoswellNM88203
1014 Plaza Del Sol
RoswellNM88203
1623 S Main St
RoswellNM88203
206 E Church St
CarlsbadNM88220
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.
Showing Results 1-15, Page 1 of 1
Lakewood, NM Local Guide
Grasslands of New Mexico by Greg Heartsfield is licensed under CC BY 2.0
How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,300 | $800 | $2,300 |
| Lakewood 3 Bedroom Homes for Rent | $2,330 | $1,275 | $4,750 |
| Lakewood 4 Bedroom Homes for Rent | $3,010 | $1,575 | $4,650 |
Browse Top Homes for Rent in Lakewood
Explore 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 $517. Wilshire Gardens 55+ has the second lowest priced unit, which is a 2 Beds apartment currently listed from $676. 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 | $517 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
| Saddlecreek Apartments | Aspen | Studio,1BA | $680 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
Best Value Apartments for Rent in Lakewood, NM and Nearby
As of January 14, 2026 the best value apartment in the Lakewood area is the $1.12 price per square foot 3 Bed, 2 Bath Model at Villas of Briar Ridge in the starting from $1,341. The second greatest value Lakewood apartment is the Two Bedroom, Two Bath Model at Lovington Trails starting at $1,399 with a $1.40 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, 2 Bath | 3BR,1.5BA | $1.12 |
| Lovington Trails | Two Bedroom, Two Bath | 2BR,2BA | $1.40 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.88 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
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 Article
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.
Read ArticleCash 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.
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.
Let everyone know!
Do you know the Lakewood area?
If you’re an expert on all things Lakewood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Lakewood
What type of rentals are currently available in Lakewood?
There are currently 31 Apartments for Rent in Lakewood, NM with pricing that ranges from $548 to $2,312. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $800 to $4,750.
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 $800 to $4,750 with an average monthly rent of $2,444.
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 $707 to $2,312, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,575 and Four Bedroom Apartments start at $1,359.
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.
Articles, How-To's, and Tips
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!