
Cheap Homes for Rent in Lakewood Neighborhood of Provo, UT from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Provo.


855 400 S

891 400 S
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.

346 S 600 E

1068 Canyon Meadow Dr, Unit Private Rooms for Rent | Remodeled Condo

933 S Freedom Blvd
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.

841 400 S
Lakewood, Provo, UT Local Guide

How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,394 | $975 | $1,700 |
| Lakewood 3 Bedroom Homes for Rent | $1,687 | $600 | $2,200 |
| Lakewood 4 Bedroom Homes for Rent | $2,038 | $495 | $2,495 |
| Lakewood 5 Bedroom Homes for Rent | $2,415 | $2,195 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Provo, UT.
Explore Provo
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. 200 City View has the second lowest priced unit, which is a Studio apartment currently listed from $1,169. 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 |
| 200 City View | Grandview | Studio,1BA | $1,169 |
| 400 Element | Studios | Studio,1BA | $1,175 |
Best Value Apartments for Rent in Lakewood, UT
As of June 18, 2026 the best value apartment in the Lakewood area is the $1.04 price per square foot 3x2.5 Model at Spring Creek Townhomes in the in the North Park neighborhood starting from $2,050. The second greatest value Lakewood apartment is the 3X1 Model at Sierra Ridge starting at $1,549 with a $1.46 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. |
|---|---|---|---|
| Spring Creek Townhomes | 3x2.5 | 3BR,2.5BA | $1.04 |
| Sierra Ridge | 3X1 | 3BR,1BA | $1.46 |
| 1125 E 960 S | 2 Beds, 1 Baths | 2BR,1BA | $1.43 |
| 727 E 600 S, Unit 727e 600s | 727 E 600 S | 2BR,1BA | $2.15 |
| 400 Element | Studios | Studio ,1BA | $1.94 |
| The Station at Mill Race | S2 | Studio ,1BA | $2.08 |
| The Boulders | 1 Bedroom 560 sf | 1BR,1BA | $2.32 |
| 200 City View | Grandview | Studio ,1BA | $2.31 |
| 350 S 900 E | 1/1 | 1BR,1BA | $3.17 |
Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 66 Apartments for Rent in Lakewood, UT with pricing that ranges from $475 to $2,030. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $495 to $2,550.
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 $495 to $2,550 with an average monthly rent of $1,626.
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.