Lakewood, CO Rental Market Trends
Last updated: February 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lakewood is $1,800, a 1.63% decrease compared to the previous year, when the average rent was $1,830.
Studio Apartments at $1,263 offer the most budget-friendly option with 463 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 713 square feet for $1,610, balancing privacy and affordability.
Two-beedroom units at $1,958 offer 1,010 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,234 sq ft) for $2,337, suitable for larger households.
Average rent in Lakewood, CO
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,800 | 870 sq. ft. |
| Studio | $1,263 | 463 sq. ft. |
| 1 Bed | $1,610 | 713 sq. ft. |
| 2 Beds | $1,958 | 1,010 sq. ft. |
| 3 Beds | $2,337 | 1,234 sq. ft. |
Lakewood, CO rent trends
Rental prices in Lakewood, CO have decreased by 1.63% over the past year. The average rent moved from $1,830 to $1,800.
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 $1,404/month
Eiber $1,452/month
Bear Creek Greenbelt $1,535/month
All of these neighborhoods fall below the city wide average of $1,800/month.Most expensive neighborhoods in Lakewood?
Pheasant Creek $2,003/month
East Belmar $2,122/month
Sister City Park $2,142/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 | $2,142 |
| East Belmar | $2,122 |
| Pheasant Creek | $2,003 |
| Quailridge Townhome | $1,994 |
| Union Square | $1,893 |
| Marston Slopes | $1,791 |
| Edgewood | $1,764 |
| Greenbriar - Cloverdale | $1,754 |
| Jefferson Gardens | $1,728 |
| Molholm - Two Creeks | $1,701 |
| Morse Park | $1,673 |
| Green Mountain | $1,579 |
| Edgewater | $1,577 |
| Hilltop Estates | $1,565 |
| Bear Creek Greenbelt | $1,535 |
| Eiber | $1,452 |
| West Lochwood | $1,404 |
Lakewood | Rent Comparison by Neighborhood
Rent in Bear Creek Greenbelt is 28% lower than in East Belmar
Bear Creek Greenbelt rent is 15% lower than Lakewood average
East Belmar rent is 18% higher than Lakewood average
How Lakewood Compares to Other Cities
| City | Average Rent |
|---|---|
| Lakewood | $1,800 |
| Denver | $1,889 |
| Colorado Springs | $1,491 |
| Aurora | $1,642 |
| Boulder | $2,441 |
| Fort Collins | $1,947 |
| Littleton | $2,013 |
| Englewood | $1,890 |
| Broomfield | $1,951 |
| Westminster | $1,813 |
| Castle Rock | $1,985 |
| Thornton | $1,794 |
| Parker | $2,025 |
| Centennial | $2,066 |
| Arvada | $1,822 |
| Northglenn | $1,704 |
| Glendale, CO | $1,621 |
| Golden, CO | $2,181 |
| Wheat Ridge, CO | $1,680 |
| Brighton, CO | $1,888 |
| Commerce City | $1,823 |
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.