Cheap Apartments for Rent in Lakewood, WI from $400 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakewood.

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 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.

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The Waters Edge
1 Bedroom Apartments

The Waters Edge

200 Armstrong StGillett, WI 54124

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.

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Oconto Park Apartments
1 to 2 Bedroom Apartments

Oconto Park Apartments

101-211 Van Hecke AveOconto, WI 54153
  • Utilities Included

Lakewood, WI Local Guide

Cheapest Available Lakewood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakewood, WI is a 1 Bed unit found at Colonial Court Apartments priced from $850. Charlotte Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Court Apartments430C1B1B1BR,1BA$850
Charlotte Court Apartments1 Bedroom Upper1BR,1BA$995
Clintonville Estates2 Bed 1 Bath Upper2BR,1BA$999
Historic Lincoln School3B50-TH3BR,2BA$1,005
Pulaski2 Bed 2 Bath Detached Garage2BR,2BA$1,025

Best Value Apartments for Rent in Lakewood, WI and Nearby

As of July 28, 2025 the best value apartment in the Lakewood area is the $1.00 price per square foot Venice Model at Riva Place in the in the Howard neighborhood starting from $1,750. The second greatest value Lakewood apartment is the 3B50-TH Model at Historic Lincoln School starting at $1,005 with a $0.68 price per square foot . 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.
Riva PlaceVenice3BR,2.5BA$1.00
Historic Lincoln School3B50-TH3BR,2BA$0.68
Mulliner CrossingCricklewood2BR,2BA$1.15
Wyndham Lake VillasWindsor2BR,2BA$1.13
Pulaski2 Bed 2 Bath - attached garage2BR,2BA$1.18
East Village Estates 48Two Bed Lower2BR,2BA$1.20
Clintonville Estates2 Bed 1 Bath Upper2BR,1BA$1.00
SCS FlorenceFulton 2 BR Lower End2BR,1BA$1.25
Charlotte Court Apartments1 Bedroom Upper1BR,1BA$1.07
Colonial Court Apartments430C1B1B1BR,1BA$0.98

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

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Getting Around Lakewood, WI

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $850 at Colonial Court Apartments.

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 $999 at Clintonville Estates.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Historic Lincoln School and starts from $1,005.

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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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.

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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.