Cheap Apartments for Rent in Lakewood, NY from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.

170 Park St

Drake Village Apartments

Ellicott Oaks Apartments

Plymouth Apartments
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.

The Bowie Apartments
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.

South Shore Apartments

Cider Mill Apartments

Northview Heights Apartments

The Reserve at Millcreek

26 Garden Ln

3213 Pearl Ave

301 Bank St

658 E 25th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3704 E Lake Rd
Lakewood, NY Local Guide

How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $901 | $900 | $1,000 |
Lakewood 1 Bedroom Apartments | $1,063 | $700 | $1,842 |
Lakewood 2 Bedroom Apartments | $1,366 | $670 | $2,648 |
Lakewood 3 Bedroom Apartments | $1,548 | $560 | $2,579 |
Lakewood 4 Bedroom Apartments | $948 | $555 | $1,485 |
Browse Top Apartments in Lakewood
See all Apartments in LakewoodExplore Lakewood
Lakewood, NY Local Guide
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Cheapest Available Lakewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakewood, NY is a 4 Beds unit found at University Gate priced from $620. Drake Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $680. Here is today’s list of the most affordable Lakewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Gate | 4 Bed Upgraded | 4BR,2BA | $620 |
Drake Village Apartments | 2 Bedroom | 2BR,1BA | $680 |
Wellman Building | 1 Bed, 1 bath | 1BR,1BA | $700 |
Lighthouse Apartments | 1 bedroom | 1BR,1BA | $750 |
The Meadows | 1 bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Lakewood, NY and Nearby
As of July 14, 2025 the best value apartment in the Lakewood area is the $0.73 price per square foot The Nittany Model at Hudson Lofts in the starting from $1,005. The second greatest value Lakewood apartment is the Three Bedroom Townhome - B Model at Granite Ridge Apartments starting at $1,400 with a $1.08 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. |
---|---|---|---|
Hudson Lofts | The Nittany | 4BR,4BA | $0.73 |
Granite Ridge Apartments | Three Bedroom Townhome - B | 3BR,1.5BA | $1.08 |
Arneman Place | 3 Bedroom Apartment | 3BR,1.5BA | $0.99 |
Park Place Collegiate Housing | 3BR/1BA by bedroom | 3BR,1BA | $0.66 |
University Gate | 3 Bed upgraded | 3BR,2BA | $0.62 |
Ellicott Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
Lovell Place | 1B1B | 1BR,1BA | $1.15 |
The Meadows | 2 bedroom | 2BR,1BA | $1.18 |
Northview Heights Apartments | One Bedroom | 1BR,1BA | $1.31 |
Lighthouse Apartments | 1 bedroom | 1BR,1BA | $1.15 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Lakewood, NY
Getting Around Lakewood, NY
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lakewood Apartments
What is the Cheapest Studio apartment in Lakewood?
Currently the most affordable Cheap Studio Apartment in Lakewood is at The Bowie Apartments listed at $800.
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $700 at Wellman Building.
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 $670 at University Gate.
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at University Gate and starts from $630.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.