Lakewood, CO Rental Market Trends
What is the average rent in Lakewood?
The average rent for an apartment in Lakewood is $1,788. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Lakewood, CO
| Average Rent | Average Apartment Size |
|---|---|
| $1,788 | 877 sq. ft. |
What is the average apartment size in Lakewood?
The average size for a Lakewood, CO apartment is 877 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lakewood, CO Apartment Rent Ranges
Lakewood, CO Occupied Housing Units
28,057 or 43% of the households in Lakewood, CO are renter-occupied while 36,787 or 56% are owner-occupied.
Lakewood, CO Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Lakewood, CO | $1,479 | $1,467 | $1,514 | $1,509 | $1,545 | $1,502 | $1,504 | $1,521 | $1,677 | $1,767 | $1,788 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Lakewood, CO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Addenbrooke Park | $1,867 |
| Alameda Homes | $1,867 |
| Belmar Park | $1,867 |
| Bonvue | $1,867 |
| East Belmar | $1,867 |
| Jefferson Gardens | $1,867 |
| Kountze Lake | $1,867 |
| Mid-Lakewood Civic Association | $1,867 |
| O'Kane Park | $1,867 |
| The Villa Homes | $1,867 |
| Villa West | $1,867 |
| Washington Heights Park | $1,867 |
| Bear Creek Greenbelt | $1,801 |
| Bear Creek Ranchettes | $1,801 |
| Country Village | $1,801 |
| Heritage West | $1,801 |
| Kemo Country | $1,801 |
| Parkwest Ridge | $1,801 |
| Primrose West | $1,801 |
| Sister City Park | $1,801 |
| Southern Gables | $1,801 |
| The Overlook at Bear Creek | $1,801 |
| The Ranch at Bear Creek | $1,801 |
| The Village at McCoy-Jensen | $1,801 |
| Three Lakes | $1,801 |
| West Gate | $1,801 |
| Pheasant Creek | $1,793 |
| Briarwood Hills - Glennon Heights | $1,793 |
| Chateal Ridge Estates | $1,771 |
| Green Mountain Village | $1,771 |
| Academy Park | $1,771 |
| Foothills - Henry Lake | $1,771 |
| Marston Slopes | $1,771 |
| Carmody | $1,740 |
| Charterwood - Thraemoor | $1,740 |
| Coyote Gulch | $1,737 |
| Estates at Mountain Terrace | $1,737 |
| Green Mountain | $1,737 |
| Green Mountain Summit | $1,737 |
| Green Mountain Townhomes | $1,737 |
| Green Mountainside | $1,737 |
| Hilltop Estates | $1,737 |
| Rooney Valley | $1,737 |
| Solterra | $1,737 |
| Summit Glen | $1,737 |
| Tamarisk | $1,737 |
| Union Square | $1,737 |
| William Hayden Green Mountain Park | $1,737 |
| Applewood Valley | $1,641 |
| Quailridge Townhome | $1,641 |
| Eiber | $1,588 |
| Morse Park | $1,588 |
| Edgewater | $1,535 |
| Edgewood | $1,535 |
| Molholm - Two Creeks | $1,535 |
| Greenbriar - Cloverdale | $1,465 |
| Kendrick Lake | $1,465 |
| Sun Valley | $1,465 |
| West Lochwood | $1,465 |
What are the most affordable neighborhoods in Lakewood?
The most affordable neighborhoods in Lakewood are Greenbriar - Cloverdale, where the average rent goes for $1,465/month, Kendrick Lake, where renters pay $1,465/mo on average, and Sun Valley, where the average rent goes for $1,465/mo. If you’re looking for other great deals, check out the listings from West Lochwood ($1,465), Edgewater ($1,535), and Edgewood ($1,535), where the asking prices are below the average Lakewood rent of $1,788/mo.
What are the most expensive neighborhoods in Lakewood?
The most expensive neighborhoods in Lakewood are The Villa Homes ($1,867), Villa West ($1,867) and Washington Heights Park ($1,867).
What are the most popular neighborhoods in Lakewood?
The most popular neighborhood in Lakewood is Molholm - Two Creeks, where there are 7 verified RentCafe listings with an average rent of $1,535. Next up is Sister City Park, where apartments go for $1,801/month, followed by Eiber with $1,588 If you’re looking to rent in Lakewood’s most popular neighborhoods, make sure to also check out Union Square, where renters pay $1,737 on average, and East Belmar, where the average monthly rent is $1,867.
Lakewood | Rent Comparison by Neighborhood
Rent in Academy Park is 5% lower than in Addenbrooke Park
Academy Park rent is 1% lower than Lakewood average
| Average Rent | $1,771 |
|---|
Addenbrooke Park rent is 4% higher than Lakewood average
| Average Rent | $1,867 |
|---|
How Lakewood Compares to Other Cities
| City | Average Rent |
|---|---|
| Denver | $1,879 |
| Colorado Springs | $1,465 |
| Aurora | $1,619 |
| Boulder | $2,263 |
| Lakewood | $1,788 |
| Fort Collins | $1,755 |
| Littleton | $1,951 |
| Thornton | $1,743 |
| Centennial | $1,924 |
| Englewood | $1,771 |
| Westminster | $1,750 |
| Parker | $1,848 |
| Longmont | $1,736 |
| Broomfield | $1,898 |
| Arvada | $1,690 |
| Commerce City | $1,812 |
| Brighton | $1,729 |
| Wheat Ridge | $1,603 |
| Castle Rock | $1,997 |
| Greeley | $1,374 |
| Golden | $2,048 |
Most Popular Apartments in Lakewood
Glen At Lakewood
453 Van Gordon Street, Lakewood, CO 80228- Studio
- 1 BED
- 2 BEDS
- Ask for pricing
- $1,551+
- $1,805+
Greenway Apartments
10626, 10646, 10676, 10736 W 7Th Avenue, Lakewood, CO 80215- Studio
- 1 BED
- Ask for pricing
- $1,195