
Cheap Apartments for Rent in the Lakewood Neighborhood of Provo, UT from $595 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Provo.


642 W 1870 S

163 S 1920 W

Total Monthly Price
1174 S. Meadow Fork #6, Unit Bed 2

1145 S 1420 E

688 E 500 S
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1174 S. Meadow Fork Rd. 6, Unit Master

2065 California Ave, Unit B

435 S 100 E

346 S 600 E

Mountain Vista

The Bay Apartments
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350 S 900 E
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 | $1,224 | $1,173 | $1,270 |
| Lakewood 1 Bedroom Apartments | $1,385 | $1,145 | $1,500 |
| Lakewood 2 Bedroom Apartments | $1,532 | $1,100 | $1,880 |
| Lakewood 3 Bedroom Apartments | $1,475 | $595 | $1,860 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Provo, UT.
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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 350 S 900 E priced from $950. The Boulders has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,306. Here are the most affordable Lakewood apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 350 S 900 E | 1/1 | 1BR,1BA | $950 |
| The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,306 |
| 200 City View | Cambridge | 1BR,1BA | $1,439 |
| 400 Element | 2 Bedroom | 2BR,2BA | $1,599 |
| The Station at Mill Race | B1 2x2 | 2BR,2BA | $1,740 |
Best Value Apartments for Rent in Lakewood, UT
As of August 26, 2026 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 B1 2x2 Model at The Station at Mill Race starting at $1,740 with a $1.89 price per square foot in the North Park 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 |
| The Station at Mill Race | B1 2x2 | 2BR,2BA | $1.89 |
| 200 City View | Cambridge | 1BR,1BA | $2.01 |
| 400 Element | Studios | Studio ,1BA | $2.21 |
| The Boulders | 1 Bedroom 560 sf | 1BR,1BA | $2.33 |
| 350 S 900 E | 1/1 | 1BR,1BA | $3.17 |
Frequently Asked Questions about Cheap Lakewood Apartments
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is 350 S 900 E which is listed at $950, while the average apartment in Lakewood costs $1,430.
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 5 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 $222 which is $1,208 cheaper than the average rent for all rentals in Lakewood.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.