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Rental Market Trends in Lakewood, CO

Updated September 2026

The average rent in Lakewood, CO is $1,570/month.

Rent in Lakewood is roughly equal to the national average rent of of $1,664/month.

$1,570/month

Average Rent

712 Sq Ft

Average Size

+0.1%

Change / Year

3,295

Available Apartments

Lakewood rent varies by unit size and layout:

  • Studio apartments in Lakewood average $1,344 per month.
  • One-bedroom apartments in Lakewood average $1,570 per month.
  • Two-bedroom apartments in Lakewood average $1,901 per month.
  • Three-bedroom apartments in Lakewood average $2,308 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,344/month
496 Sq Ft
One Bedroom
$1,570/month
712 Sq Ft
Two Bedroom
$1,901/month
988 Sq Ft
Three Bedroom
$2,308/month
1,212 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,044/month
349 Sq Ft
Two Bedroom
$2,122/month
987 Sq Ft
Three Bedroom
$2,812/month
1,450 Sq Ft
Four Bedroom
$3,564/month
2,188 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,571/month
646 Sq Ft
Two Bedroom
$1,813/month
931 Sq Ft
Three Bedroom
$2,197/month
1,086 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,308/month
514 Sq Ft
Two Bedroom
$2,367/month
1,087 Sq Ft
Three Bedroom
$3,002/month
1,636 Sq Ft
Four Bedroom
$3,626/month
2,414 Sq Ft
View Lakewood Apartments

How much has average rent changed in Lakewood, CO?

In the past year, rent has increased by 0.1%, which averages out to $2 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lakewood, CO

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lakewood, CO
Percentage*
Rent Range
2% Below $700/month
15% $700 - $1,000/month
43% $1,001 - $1,500/month
31% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lakewood?

Based on current rent prices, Kendrick Lake, North Alameda and Carmody are the most affordable neighborhoods in Lakewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Kendrick Lake
$1,372/month
743 Sq Ft
North Alameda
$1,372/month
586 Sq Ft
Carmody
$1,388/month
686 Sq Ft
Foothills
$1,424/month
618 Sq Ft
Eiber
$1,427/month
594 Sq Ft
Morse Park
$1,444/month
579 Sq Ft
Green Mountain
$1,448/month
575 Sq Ft
Academy Park/Foothills GC Homes
$1,492/month
706 Sq Ft
Molholm Two Creeks
$1,545/month
682 Sq Ft
Lakewood Heights
$1,566/month
550 Sq Ft

What are the most expensive neighborhoods in Lakewood?

Based on current rent prices, Denver West, Lasley and Bear Creek Lake Park are the most expensive neighborhoods in Lakewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Denver West
$2,217/month
914 Sq Ft
Lasley
$1,890/month
750 Sq Ft
Bear Creek Lake Park
$1,819/month
764 Sq Ft
Greenbriar-Cloverdale
$1,804/month
736 Sq Ft
Daniels
$1,784/month
742 Sq Ft
Applewood
$1,765/month
743 Sq Ft
Bear Creek
$1,755/month
755 Sq Ft
Thraemoor
$1,673/month
736 Sq Ft
Hutchinson Green Mountain Village
$1,661/month
754 Sq Ft
Union Square
$1,605/month
704 Sq Ft

Which Lakewood neighborhoods have the most rentals available?

The neighborhoods in Lakewood with the most apartments available are Applewood, Daniels and Union Square .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Applewood
$1,765/month
743 Sq Ft
Daniels
$1,784/month
742 Sq Ft
Union Square
$1,605/month
704 Sq Ft
Bear Creek
$1,755/month
755 Sq Ft
Edgewood
$1,568/month
704 Sq Ft
Molholm Two Creeks
$1,545/month
682 Sq Ft
Belmar
$1,587/month
692 Sq Ft
Eiber
$1,427/month
594 Sq Ft
Denver West
$2,217/month
914 Sq Ft
Academy Park/Foothills GC Homes
$1,492/month
706 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 $1,570, you’ll want to make about $5,233 per month or $62,796 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

3,295 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.

View the Lakewood Area Guide

Apartment Averages

Kendrick Lake

Lakewood, CO

Denver West

Lakewood, CO

Studio
-
-
One Bedroom
$1,458/month
$2,248/month
Two Bedroom
$1,623/month
$2,953/month
Three Bedroom
-
$4,125/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Morrison

    Morrison

    Avg Rent: $1,745/month

  • Edgewater

    Edgewater

    Avg Rent: $1,160/month

  • Golden

    Golden

    Avg Rent: $1,936/month

  • Wheat Ridge

    Wheat Ridge

    Avg Rent: $1,596/month

  • Sheridan

    Sheridan

    Avg Rent: $1,558/month

  • Englewood

    Englewood

    Avg Rent: $1,556/month

Apartment Communities in Lakewood We Think You'll Love

Residences at Bear Creek

Residences at Bear Creek

10025 W Dartmouth Ave,
Lakewood, CO 80227

1-2 Beds | $1,555 - $2,405

Cirrus

Cirrus

1590 Grove St,
Denver, CO 80204

Studio - 3 Beds | $1,320 - $3,540

Americana Lakewood Apartments

Americana Lakewood Apartments

12598 W Dakota Ave,
Lakewood, CO 80228

1-2 Beds | $1,475 - $1,875

Edelweiss Apartments

Edelweiss Apartments

998 S Miller Way,
Lakewood, CO 80226

2 Beds | $1,700

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Frequently Asked Questions

What is the average rent in Lakewood?

The average rent in Lakewood is $1,570 per month, which is 5.6% lower than the national average of $1,664.

What is the average rent for a house in Lakewood?

The average rent for a house in Lakewood, CO is $2,812 per month.

What is the average rent for a townhome in Lakewood?

The average rent for a townhome in Lakewood, CO is $2,367 per month.

What is the average rent for a condo in Lakewood?

The average rent for a condo in Lakewood, CO is $1,571 per month.

Are rents going up or down in Lakewood?

Rents in Lakewood, CO are increasing, with prices up 0.1% year-over-year and $2 more per month.

What rent range is most common in Lakewood?

In Lakewood, CO, 43% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity