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Apartments under $500 for Rent in Lakewood, CO

2 Rentals
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Lakewood at a Glance

Average Rent

$1,529
(All bedrooms and property types)
Learn more about
Average Rent in Lakewood
7

School Rating

out of 10 Rating
Learn more about
Schools in Lakewood
39

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Lakewood
66

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation 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)

Getting Around Lakewood

Transportation

65

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
66

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
39

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
Lakewood High School

Public High School

Public
Grades 9-12
1,885 Students
GreatSchools Rating
Bear Creek High School

Public High School

Public
Grades 9-12
1,431 Students
GreatSchools Rating
Green Mountain High School

Public High School

Public
Grades 9-12
1,085 Students
GreatSchools Rating
Dunstan Middle School

Public Middle School

Public
Grades 6-8
818 Students
GreatSchools Rating
Carmody Middle School

Public Middle School

Public
Grades 6-8
616 Students
GreatSchools Rating
Creighton Middle School

Public Middle School

Public
Grades 6-8
794 Students
GreatSchools Rating
Dennison Elementary School

Public Elementary School

Public
Grades K-6
612 Students
GreatSchools Rating
Devinny Elementary School

Public Elementary School

Public
Grades K-5
455 Students
GreatSchools Rating
Stober Elementary School

Public Elementary School

Public
Grades K-5
234 Students
GreatSchools Rating
Rooney Ranch Elementary School

Public Elementary School

Public
Grades K-5
473 Students

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

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