
Cheap Apartments for Rent in the Lakewood Neighborhood of Provo, UT from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Provo.


1174 S. Meadow Fork #6, Unit Bed 2

1174 S. Meadow Fork Rd. 6, Unit Master
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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.

1337 S 1400 W
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Lakewood, Provo, UT Local Guide

How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,266 | $1,215 | $1,311 |
| Lakewood 1 Bedroom Apartments | $1,397 | $800 | $1,544 |
| Lakewood 2 Bedroom Apartments | $1,613 | $1,100 | $2,400 |
| Lakewood 3 Bedroom Apartments | $1,477 | $595 | $1,995 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Provo, UT.
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Lakewood, Provo, UT Local Guide
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Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lakewood area of Provo, UT is a 1 Bed unit found at The Boulders priced from $1,083. 400 Element has the second lowest priced unit, which is a Studio apartment currently listed from $1,215. Here are the most affordable Lakewood apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,083 |
| 400 Element | Studios | Studio,1BA | $1,215 |
| The Station at Mill Race | S1 | Studio,1BA | $1,249 |
Best Value Apartments for Rent in Lakewood, UT
As of October 24, 2025 the best value apartment in the Lakewood area is the $0.48 price per square foot 1174 S. Meadow Fork #6 Model at 1174 S. Meadow Fork #6, Unit Bed 2 in the in the Maeser neighborhood starting from $595. The second greatest value Lakewood apartment is the 389 S State St Model at 389 S State St, Unit 20 starting at $1,450 with a $1.25 price per square foot in the Carterville neighborhood. 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. |
|---|---|---|---|
| 1174 S. Meadow Fork #6, Unit Bed 2 | 1174 S. Meadow Fork #6 | 3BR,2BA | $0.48 |
| 389 S State St, Unit 20 | 389 S State St | 2BR,1.5BA | $1.25 |
| Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1.58 |
| Sierra Ridge | 3X1 | 3BR,1BA | $1.46 |
| 134-138 S 300 W | 2 Beds, 1 Baths | 2BR,1BA | $1.40 |
| 200 City View | Cambridge | 1BR,1BA | $2.05 |
| The Station at Mill Race | A3 1x1 | 1BR,1BA | $2.38 |
| 400 Element | Studios | Studio ,1BA | $2.15 |
| The Boulders | 1 Bedroom 560 sf | 1BR,1BA | $1.93 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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
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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleLakewood, Provo, UT
Ranked #35
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Lakewood Neighborhood in Provo, UT
Walk Score®
19 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
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 a cheap apartment in Lakewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,743.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is The Boulders which is listed at $1,083, while the average apartment in Lakewood costs $1,666.
What types of apartments are the cheapest in Lakewood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lakewood?
Cheap apartments in Lakewood have an average cost of $185 which is $1,481 cheaper than the average rent for all rentals in Lakewood.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

