Cheap Homes for Rent in Lakewood Neighborhood of Provo, UT from $400 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakewood area of Provo.

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Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Provo, UT is a Studio unit found at 400 Element priced from $1,215. 200 City View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Lakewood apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
400 ElementStudiosStudio,1BA$1,215
200 City ViewCambridge1BR,1BA$1,245
The Station at Mill RaceS1Studio,1BA$1,249

Best Value Apartments for Rent in Lakewood, UT

As of March 19, 2026 the best value apartment in the Lakewood area is the $1.00 price per square foot 2096 S Nevada Ave Model at 2096 S Nevada Ave, Unit 2096 in the in the Maeser neighborhood starting from $1,700. The second greatest value Lakewood apartment is the 3 Bedroom | 2 Bathroom Model at Slate Canyon starting at $1,499 with a $1.36 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2096 S Nevada Ave, Unit 20962096 S Nevada Ave3BR,2BA$1.00
Slate Canyon3 Bedroom | 2 Bathroom3BR,2BA$1.36
Sierra Ridge3X13BR,1BA$1.46
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1.40
2173 S State St, Unit 52173 S State St2BR,1BA$1.49
200 City ViewCambridge1BR,1BA$1.74
400 ElementStudiosStudio ,1BA$2.00
The Station at Mill RaceS1Studio ,1BA$2.12
The Boulders1 Bedroom 560 sf1BR,1BA$2.32

Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 64 Apartments for Rent in Lakewood, UT with pricing that ranges from $550 to $1,949. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $490 to $2,700.

What is the current price range for Rental Homes in Lakewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $490 to $2,700 with an average monthly rent of $1,752.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.