Lakewood, CO Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lakewood is $1,826, a 2.89% decrease compared to the previous year, when the average rent was $1,880.
Studio Apartments at $1,265 offer the most budget-friendly option with 463 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 714 square feet for $1,644, balancing privacy and affordability.
Two-beedroom units at $1,968 offer 1,011 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,239 sq ft) for $2,411, suitable for larger households.
Average rent in Lakewood, CO
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,826 | 872 sq. ft. |
| Studio | $1,265 | 463 sq. ft. |
| 1 Bed | $1,644 | 714 sq. ft. |
| 2 Beds | $1,968 | 1,011 sq. ft. |
| 3 Beds | $2,411 | 1,239 sq. ft. |
Lakewood, CO rent trends
Rental prices in Lakewood, CO have decreased by 2.89% over the past year. The average rent moved from $1,880 to $1,826.
What's the typical rent budget in Lakewood, CO?
The largest share of rentals in Lakewood, CO (52%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lakewood, CO?
29,046 or 42% of the households in Lakewood, CO are renter-occupied while 40,250 or 58% are owner-occupied.
Most affordable neighborhoods in Lakewood?
West Lochwood $1,425/month
Eiber $1,473/month
Hilltop Estates $1,578/month
All of these neighborhoods fall below the city wide average of $1,826/month.Most expensive neighborhoods in Lakewood?
Quailridge Townhome $1,978/month
East Belmar $2,114/month
Sister City Park $2,146/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Lakewood, CO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sister City Park | $2,146 |
| East Belmar | $2,114 |
| Quailridge Townhome | $1,978 |
| Greenbriar - Cloverdale | $1,847 |
| Union Square | $1,839 |
| Marston Slopes | $1,815 |
| Edgewood | $1,766 |
| Jefferson Gardens | $1,747 |
| Molholm - Two Creeks | $1,722 |
| Morse Park | $1,670 |
| Edgewater | $1,629 |
| Hilltop Estates | $1,578 |
| Eiber | $1,473 |
| West Lochwood | $1,425 |
Lakewood | Rent Comparison by Neighborhood
Rent in East Belmar is 30% higher than in Edgewater
East Belmar rent is 16% higher than Lakewood average
Edgewater rent is 11% lower than Lakewood average
How Lakewood Compares to Other Cities
| City | Average Rent |
|---|---|
| Lakewood | $1,826 |
| Denver | $1,910 |
| Colorado Springs | $1,512 |
| Aurora | $1,667 |
| Boulder | $2,458 |
| Fort Collins | $1,970 |
| Littleton | $2,056 |
| Englewood | $1,910 |
| Arvada | $1,821 |
| Loveland | $1,819 |
| Westminster | $1,853 |
| Wheat Ridge | $1,731 |
| Broomfield | $1,972 |
| Golden | $2,193 |
| Parker | $2,039 |
| Thornton | $1,828 |
| Castle Rock | $1,997 |
| Centennial, CO | $2,059 |
| Commerce City, CO | $1,871 |
| Northglenn, CO | $1,707 |
| Glendale, CO | $1,659 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lakewood apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.