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Rental Market Trends in Lakewood, CO

What is the average rent in Lakewood, CO?

$1,601/month

Average Rent

710 Sq Ft

Average Apartment Size

-3.8%

Decrease in the Last Year

As of September 2025, the average rent in Lakewood, CO is $1,601 per month. For comparison, the national average rent price in the US is currently $1,640/month, which means Lakewood rent prices are 2% lower than the national average. When you rent an apartment in Lakewood, you can expect to pay about $1,441 per month for a studio, $1,601 for a one-bedroom apartment, and around $1,912 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,314 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,441/month
474 Sq Ft
One Bedroom
$1,601/month
710 Sq Ft
Two Bedroom
$1,912/month
982 Sq Ft
Three Bedroom
$2,314/month
1,204 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,177/month
411 Sq Ft
Two Bedroom
$2,274/month
1,083 Sq Ft
Three Bedroom
$2,924/month
1,674 Sq Ft
Four Bedroom
$3,581/month
2,172 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,847/month
711 Sq Ft
Two Bedroom
$1,861/month
932 Sq Ft
Three Bedroom
$2,226/month
1,042 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,566/month
548 Sq Ft
Two Bedroom
$2,269/month
1,137 Sq Ft
Three Bedroom
$3,021/month
1,597 Sq Ft
Four Bedroom
$3,357/month
2,016 Sq Ft

How much has average rent changed in Lakewood, CO?

In the past year, rent has decreased by 3.8%, which averages out to $61 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lakewood?

Based on current rent prices, Thraemoor West, Majestic Heights and Morse Park are the most affordable neighborhoods in Lakewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Thraemoor West
$1,184/month
636 Sq Ft
Majestic Heights
$1,244/month
527 Sq Ft
Morse Park
$1,392/month
597 Sq Ft
Belmar Park
$1,418/month
644 Sq Ft
Kendrick Lake
$1,435/month
645 Sq Ft
Golf Club Acres
$1,467/month
680 Sq Ft
College West Estates
$1,470/month
905 Sq Ft
Green Gables Manor
$1,478/month
670 Sq Ft
Carmody
$1,495/month
686 Sq Ft
Waterfront
$1,495/month
686 Sq Ft

What are the most expensive neighborhoods in Lakewood?

Based on current rent prices, Denver West, Wildflower Patio Homes and Applewood are the most expensive neighborhoods in Lakewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Denver West
$2,320/month
852 Sq Ft
Wildflower Patio Homes
$2,026/month
768 Sq Ft
Applewood
$1,968/month
759 Sq Ft
Belmar
$1,928/month
870 Sq Ft
Lakewood Estates
$1,880/month
756 Sq Ft
Daniels
$1,868/month
729 Sq Ft
Belmar Villas
$1,831/month
995 Sq Ft
Pheasant Creek
$1,827/month
750 Sq Ft
Green Mountainside
$1,822/month
734 Sq Ft
Greenbriar-Cloverdale
$1,782/month
714 Sq Ft

Which Lakewood neighborhoods have the most rentals available?

The neighborhoods in Lakewood with the most apartments available are Lakewood/West Corridor, Union Square and Eiber .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakewood/West Corridor
$1,741/month
719 Sq Ft
Union Square
$1,640/month
713 Sq Ft
Eiber
$1,713/month
691 Sq Ft
Daniels
$1,868/month
729 Sq Ft
Applewood
$1,968/month
759 Sq Ft
Bear Creek
$1,779/month
759 Sq Ft
Belmar
$1,928/month
870 Sq Ft
Molholm Two Creeks
$1,528/month
676 Sq Ft
Foothills
$1,598/month
625 Sq Ft
Academy Park/Foothills GC Homes
$1,667/month
726 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lakewood, CO?

Because the average rent in Lakewood is $1,601, you’ll want to make about $5,336 per month or $64,032 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lakewood, CO

3,561 Available Apartments for Rent

Search for Nearby Apartments

How does Lakewood, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Lakewood, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lakewood, CO

Apartment Averages

Thraemoor West

Lakewood, CO

Denver West

Lakewood, CO

Studio
-
-
One Bedroom
-
$2,354/month
Two Bedroom
-
$2,879/month
Three Bedroom
-
$4,009/month
Search
Search

Nearby City Rent Trends

  • Golden Average Rent
  • Wheat Ridge Average Rent
  • Sheridan Average Rent
  • Englewood Average Rent

Apartment communities in Lakewood we think you'll love

Residences at Bear Creek

Residences at Bear Creek

10025 W Dartmouth Ave,
Lakewood, CO 80227

$1,657 - $3,922

1-2 Beds

Olivine

Olivine

8012 W Long Dr,
Littleton, CO 80123

$1,495 - $3,895

Studio - 3 Beds

Whisper Creek

Whisper Creek

3505 S Nelson Cir,
Lakewood, CO 80235

$1,580 - $3,789

1-3 Beds

Cortland Belmar

Cortland Belmar

445 S Saulsbury St,
Lakewood, CO 80226

$1,508 - $8,362

1-3 Beds

Property Management Companies in Lakewood, CO

Greystar
Greystar
  • 3,378

    Communities

  • 938,203

    Units

  • 866

    Cities

19 Communities in Lakewood
BRC Real Estate
BRC Real Estate
  • 31

    Communities

  • 579

    Units

  • 6

    Cities

13 Communities in Lakewood
AMC
AMC
  • 672

    Communities

  • 131,486

    Units

  • 263

    Cities

12 Communities in Lakewood
Boutique Apartments
Boutique Apartments
  • 23

    Communities

  • 1,596

    Units

  • 4

    Cities

10 Communities in Lakewood
Skyline Property Management
Skyline Property Management
  • 13

    Communities

  • 1,876

    Units

  • 4

    Cities

8 Communities in Lakewood
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 162

    Communities

  • 33,114

    Units

  • 85

    Cities

4 Communities in Lakewood
Inland Real Estate
Inland Real Estate
  • 77

    Communities

  • 19,523

    Units

  • 57

    Cities

4 Communities in Lakewood
Avenue5 Residential
Avenue5 Residential
  • 502

    Communities

  • 111,670

    Units

  • 201

    Cities

3 Communities in Lakewood

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United States Colorado Lakewood Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity