
Cheap Apartments for Rent in Lakewood, WI from $500 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.


Crivitz Estates

Sheridan Estates

Urban Edge

Cedar Pointe Apartments

Oak Estates

Evora

Oak Meadows

Lloyd House I
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Glenderry

Natures Way Estates

PELICAN RIVER ESTATES

Clintonville Estates

DAVENPORT STREET ESTATES

Pulaski

Cheri Blvd

Charlotte Court Apartments

East Shore Apartments
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.

Historic Lincoln School

Hobart Crossing Luxury Apartments

Pulaski

Prosser Place Estates

Encore

The Reserve Marinette

Clintonville Park Apartments

Meadows

Riva Place
Cash 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.

Mulliner Crossing

Aria Place

945 Woodward Ave

Colonial Court

Oconto Park Apartments

816 7th St

204 N Court St

Waters Edge

1016 4th Ave
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.

539 Elm St

209 Pine St

127 Woodlawn Ave

709 8th St

1701 Dunlap Avenue

SCS Florence Apartment Community

SCS Shawano Apartment Community

405 Forest Ave

236 W Main St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Sunshine Court Apartments

73 Robert St

607 Grant St

123 Pine St
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 | $924 | $799 | $1,150 |
| Lakewood 1 Bedroom Apartments | $1,111 | $795 | $1,550 |
| Lakewood 2 Bedroom Apartments | $1,356 | $581 | $2,000 |
| Lakewood 3 Bedroom Apartments | $1,502 | $1,035 | $2,120 |
Browse Top Apartments in Lakewood
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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 1 Bed unit found at Sheridan Estates priced from $795. Crivitz 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 |
|---|---|---|---|
| Sheridan Estates | 1 bedroom | 1BR,1BA | $795 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $795 |
| Lloyd House I | 2 Bedroom | 2BR,1BA | $850 |
| The Glenderry | Two Bed 60% | 2BR,1BA | $889 |
| Natures Way Estates | 1 bedroom | 1BR,1BA | $895 |
| Pulaski | Spring Special - $899 1 Bedrooms & $1049 2 Bedr... | 1BR,1BA | $949 |
| Charlotte Court Apartments | 1 Bedroom Upper | 1BR,1BA | $995 |
| Historic Lincoln School | 2B60 | 2BR,1BA | $999 |
| East Shore Apartments | 2 Bed 1 Bath Lower | 2BR,1BA | $999 |
| SCS Florence Apartment Community | Fulton 1 BR Upper | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Lakewood, WI and Nearby
As of June 13, 2026 the best value apartment in the Lakewood area is the $1.06 price per square foot Durham Model at Wyndham Lake Villas in the in the Howard neighborhood starting from $1,500. The second greatest value Lakewood apartment is the 3X1.5F Model at Aspen Village starting at $1,092 with a $0.81 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. |
|---|---|---|---|
| Wyndham Lake Villas | Durham | 3BR,2BA | $1.06 |
| Aspen Village | 3X1.5F | 3BR,1.5BA | $0.81 |
| 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 |
| Lloyd House I | 2 Bedroom | 2BR,1BA | $0.90 |
| Charlotte Court Apartments | 1 Bedroom Upper | 1BR,1BA | $1.07 |
| Sheridan Estates | 1 bedroom | 1BR,1BA | $0.96 |
| Natures Way Estates | 1 bedroom | 1BR,1BA | $1.08 |
| Crivitz 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $795 at Crivitz 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 $850 at Lloyd House I.
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Aspen Village and starts from $1,092.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.