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Rental Market Trends in Lakewood, CO

What is the average rent in Lakewood, CO?

$1,551/month

Average Rent

709 Sq Ft

Average Apartment Size

-3.8%

Decrease in the Last Year

As of October 2025, the average rent in Lakewood, CO is $1,551 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Lakewood rent prices are 5% lower than the national average. When you rent an apartment in Lakewood, you can expect to pay about $1,371 per month for a studio, $1,551 for a one-bedroom apartment, and around $1,870 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,278 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,371/month
475 Sq Ft
One Bedroom
$1,551/month
709 Sq Ft
Two Bedroom
$1,870/month
983 Sq Ft
Three Bedroom
$2,278/month
1,212 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,156/month
381 Sq Ft
Two Bedroom
$2,230/month
1,041 Sq Ft
Three Bedroom
$2,775/month
1,432 Sq Ft
Four Bedroom
$3,625/month
2,331 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,893/month
755 Sq Ft
Two Bedroom
$1,932/month
963 Sq Ft
Three Bedroom
$2,050/month
1,307 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,357/month
1,131 Sq Ft
Three Bedroom
$2,746/month
1,569 Sq Ft
Four Bedroom
$3,075/month
2,125 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 $58 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 October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lakewood, CO
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lakewood, CO
Percentage*
Rent Range
2% Below $700/month
16% $700 - $1,000/month
42% $1,001 - $1,500/month
29% $1,501 - $2,000/month
11% Above $2,000/month

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, Eiber and Kendrick Lake are the most affordable neighborhoods in Lakewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Thraemoor West
$1,217/month
636 Sq Ft
Eiber
$1,330/month
616 Sq Ft
Kendrick Lake
$1,361/month
656 Sq Ft
Waterfront
$1,387/month
685 Sq Ft
Carmody
$1,394/month
685 Sq Ft
Morse Park
$1,438/month
595 Sq Ft
Molholm Two Creeks
$1,465/month
662 Sq Ft
Pheasant Creek at the Bear
$1,488/month
720 Sq Ft
Green Mountain
$1,490/month
620 Sq Ft
Edgewood
$1,497/month
667 Sq Ft

What are the most expensive neighborhoods in Lakewood?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Denver West
$2,242/month
878 Sq Ft
Belmar
$1,984/month
732 Sq Ft
Wildflower Patio Homes
$1,982/month
765 Sq Ft
Lakewood Hills
$1,941/month
743 Sq Ft
Lakewood Estates
$1,876/month
759 Sq Ft
Greenbriar-Cloverdale
$1,864/month
710 Sq Ft
Applewood
$1,835/month
749 Sq Ft
Green Mountainside
$1,825/month
749 Sq Ft
Daniels
$1,808/month
736 Sq Ft
Pheasant Creek
$1,723/month
750 Sq Ft

Which Lakewood neighborhoods have the most rentals available?

The neighborhoods in Lakewood with the most apartments available are Lakewood/West Corridor, Applewood and Daniels .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakewood/West Corridor
$1,703/month
712 Sq Ft
Applewood
$1,835/month
749 Sq Ft
Daniels
$1,808/month
736 Sq Ft
Union Square
$1,670/month
704 Sq Ft
Bear Creek
$1,616/month
744 Sq Ft
Molholm Two Creeks
$1,465/month
662 Sq Ft
Eiber
$1,330/month
616 Sq Ft
Edgewood
$1,497/month
667 Sq Ft
Foothills
$1,580/month
634 Sq Ft
Belmar
$1,984/month
732 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 $1,551, you’ll want to make about $5,170 per month or $62,040 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

3,647 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
-
$2,323/month
Two Bedroom
-
$2,865/month
Three Bedroom
-
$4,027/month
Search
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Nearby City Rent Trends

  • Morrison Average Rent
  • Edgewater Average Rent
  • 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

$1,520 - $3,724

1-2 Beds

Olivine

Olivine

8012 W Long Dr,
Littleton, CO 80123

$1,695 - $3,895

Studio - 3 Beds

Waterfront

Waterfront

10555 W Jewell Ave,
Lakewood, CO 80232

$1,296 - $1,879

1-2 Beds

Cortland Belmar

Cortland Belmar

445 S Saulsbury St,
Lakewood, CO 80226

$1,498 - $7,723

1-3 Beds

Property Management Companies in Lakewood, CO

Greystar
Greystar
  • 3,438

    Communities

  • 948,899

    Units

  • 872

    Cities

21 Communities in Lakewood
AMC
AMC
  • 675

    Communities

  • 132,899

    Units

  • 264

    Cities

12 Communities in Lakewood
Boutique Apartments
Boutique Apartments
  • 26

    Communities

  • 2,050

    Units

  • 4

    Cities

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

    Communities

  • 1,876

    Units

  • 4

    Cities

8 Communities in Lakewood
Avenue5 Residential
Avenue5 Residential
  • 522

    Communities

  • 116,129

    Units

  • 209

    Cities

3 Communities in Lakewood
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 174

    Communities

  • 34,633

    Units

  • 88

    Cities

3 Communities in Lakewood
Fairfield
Fairfield
  • 107

    Communities

  • 30,525

    Units

  • 65

    Cities

3 Communities in Lakewood
Inland Real Estate
Inland Real Estate
  • 75

    Communities

  • 18,464

    Units

  • 56

    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