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Apartments under $500 for Rent in Lakewood, CO

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Lakewood at a Glance

Average Rent

$1,540
(All bedrooms and property types)
Learn more about
Average Rent in Lakewood
7

School Rating

out of 10 Rating
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Schools in Lakewood

Lakewood, CO Apartments for Rent

Lakewood is the most populous municipality in Jefferson County, located at the base of the Rocky Mountains with direct access to outdoor recreation and close proximity to Denver. If you're searching for apartments for rent in Lakewood, you'll discover everything from contemporary apartment communities in the Belmar district to established neighborhoods throughout the city's 45 square miles. With a population exceeding 155,000 and a median household income around $77,600, the city offers a suburban feel with convenient access to mountain trails and metro amenities.

Renting in Lakewood attracts residents seeking more affordable options compared to Denver proper, with one-bedroom apartments averaging around $1,521 and two-bedroom units at approximately $1,848. The Belmar area serves as a lively central hub featuring shops, dining, and entertainment in a walkable setting, while neighborhoods near Green Mountain provide easy trail access. The W Line light rail connects residents to downtown Denver and other metro destinations along Colfax Avenue, and major highways including US 6 and C-470 make commuting throughout the region simple. Red Rocks Community College and Colorado Christian University call the city home, and the 40 West Arts District along the light rail corridor showcases galleries and cultural venues for local entertainment.

Renting in Lakewood

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lakewood

(For 1 bedroom apartments)

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
Students
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Public High School

Public
Grades 9-12
Students
GreatSchools Rating

Public High School

Public
Grades 9-12
Students
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Public High School

Public
Grades 9-12
Students
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Public Middle School

Public
Grades 6-8
Students
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Public Middle School

Public
Grades 6-8
Students
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Public Middle School

Public
Grades 6-8
Students
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Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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