Lakewood, CO Rental Market Trends
Last updated: March 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lakewood is $1,790, a 1.95% decrease compared to the previous year, when the average rent was $1,826.
Studio Apartments at $1,240 offer the most budget-friendly option with 446 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 713 square feet for $1,597, balancing privacy and affordability.
Two-beedroom units at $1,945 offer 1,010 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,234 sq ft) for $2,365, suitable for larger households.
Average rent in Lakewood, CO
Last updated: March 31, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,790 | 871 sq. ft. |
| Studio | $1,240 | 446 sq. ft. |
| 1 Bed | $1,597 | 713 sq. ft. |
| 2 Beds | $1,945 | 1,010 sq. ft. |
| 3 Beds | $2,365 | 1,234 sq. ft. |
Lakewood, CO rent trends
Rental prices in Lakewood, CO have decreased by 1.95% over the past year. The average rent moved from $1,826 to $1,790.
What's the typical rent budget in Lakewood, CO?
The largest share of rentals in Lakewood, CO (49%) 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?
Hilltop Estates $1,497/month
Eiber $1,505/month
Morse Park $1,550/month
All of these neighborhoods fall below the city wide average of $1,790/month.Most expensive neighborhoods in Lakewood?
Quailridge Townhome $1,998/month
East Belmar $2,124/month
Sister City Park $2,134/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 | $2,134 |
| East Belmar | $2,124 |
| Quailridge Townhome | $1,998 |
| Pheasant Creek | $1,937 |
| Union Square | $1,877 |
| Greenbriar - Cloverdale | $1,862 |
| Marston Slopes | $1,796 |
| Edgewood | $1,787 |
| Jefferson Gardens | $1,744 |
| Molholm - Two Creeks | $1,662 |
| Edgewater | $1,583 |
| Green Mountain | $1,554 |
| Morse Park | $1,550 |
| Eiber | $1,505 |
| Hilltop Estates | $1,497 |
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Lakewood | Rent Comparison by Neighborhood
Rent in East Belmar is 34% higher than in Edgewater
$2,124
East Belmar rent is 19% higher than Lakewood average
Average Rent
$2,124
$1,583
Edgewater rent is 12% lower than Lakewood average
Average Rent
$1,583
How Lakewood Compares to Other Cities
| City | Average Rent |
|---|---|
| Lakewood | $1,790 |
| Denver | $1,885 |
| Colorado Springs | $1,496 |
| Aurora | $1,632 |
| Boulder | $2,453 |
| Grand Junction | $1,595 |
| Fort Collins | $1,972 |
| Littleton | $1,975 |
| Englewood | $1,871 |
| Arvada | $1,821 |
| Westminster | $1,812 |
| Golden | $2,191 |
| Broomfield | $1,950 |
| Wheat Ridge | $1,680 |
| Castle Rock | $1,973 |
| Parker | $2,019 |
| Centennial, CO | $2,043 |
| Thornton | $1,786 |
| Brighton | $1,869 |
| Commerce City, CO | $1,841 |
| Glendale, CO | $1,630 |
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.