
Cheap Apartments for Rent in Lakewood, WI from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.


Sheridan Estates

Crivitz Estates

Urban Edge

Total Monthly Price
The Waters Edge
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.

Oak Estates

Cedar Pointe Apartments

Oak Meadows

Evora

Glenderry Senior
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.

Natures Way Estates

PELICAN RIVER ESTATES

Clintonville Estates

Lloyd House I

945 Woodward Ave
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.

Oconto Park Apartments
Lakewood, WI Local Guide

How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $942 | $799 | $1,575 |
| Lakewood 1 Bedroom Apartments | $1,127 | $795 | $1,550 |
| Lakewood 2 Bedroom Apartments | $1,379 | $581 | $2,650 |
| Lakewood 3 Bedroom Apartments | $1,459 | $610 | $2,120 |
Browse Top Apartments in Lakewood
See all Apartments in LakewoodExplore Lakewood
Lakewood, WI Local Guide
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Cheapest Available Lakewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakewood, WI is a 3 Beds unit found at Lloyd House I priced from $553. Sheridan Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lloyd House I | 3 Bedroom | 3BR,2BA | $553 |
| Sheridan Estates | 1 bedroom | 1BR,1BA | $795 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $795 |
| The Waters Edge | 2BR/1.0BA | 2BR,1BA | $799 |
| Oak Estates | 1 bedroom | 1BR,1BA | $805 |
Best Value Apartments for Rent in Lakewood, WI and Nearby
As of February 21, 2026 the best value apartment in the Lakewood area is the $0.81 price per square foot 3X1.5F Model at Aspen Village in the starting from $1,092. The second greatest value Lakewood apartment is the 430C2B2B Model at Colonial Court Apartments starting at $1,100 with a $0.90 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. |
|---|---|---|---|
| Aspen Village | 3X1.5F | 3BR,1.5BA | $0.81 |
| Colonial Court Apartments | 430C2B2B | 2BR,2BA | $0.90 |
| WARRINGTON ESTATES | 2 Bedrooms, 2 Bath, 1 Garage, Fireplace | 2BR,2BA | $1.08 |
| Pulaski | 2 Bed 2 Bath Detached Garage | 2BR,2BA | $1.09 |
| Historic Lincoln School | 2B60 | 2BR,1BA | $0.96 |
| Cedar Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Oak Estates | 1 bedroom | 1BR,1BA | $0.97 |
| Natures Way Estates | 1 bedroom | 1BR,1BA | $1.08 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $0.96 |
| Sheridan Estates | 1 bedroom | 1BR,1BA | $0.96 |
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 ArticleThe 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakewood, WI Rentals by Map
See the most popular apartments and homes in Lakewood, WI
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 Evora listed at $850.
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $795 at Sheridan Estates.
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 $799 at The Waters Edge.
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Lloyd House I and starts from $553.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.