Lakewood, CO Rental Market Trends
What is the average rent in Lakewood?
The average rent for an apartment in Lakewood is $1,904. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Lakewood, CO
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,904 | 874 sq. ft. |
What is the average apartment size in Lakewood?
The average size for a Lakewood, CO apartment is 874 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
28,580 or 42% of the households in Lakewood, CO are renter-occupied while 39,531 or 58% are owner-occupied.
Lakewood, CO rent trends
Average Rent in Lakewood, CO By Neighborhood
| City | Average Rent |
|---|---|
| East Belmar | $1,931 |
| Jefferson Gardens | $1,931 |
| Washington Heights Park | $1,931 |
| The Overlook at Bear Creek | $1,917 |
| Pheasant Creek | $1,899 |
| Green Mountain | $1,876 |
| Hilltop Estates | $1,876 |
| Carmody | $1,870 |
| Academy Park | $1,851 |
| Eiber | $1,757 |
| Morse Park | $1,757 |
| Edgewood | $1,745 |
| Molholm - Two Creeks | $1,745 |
| Kendrick Lake | $1,671 |
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What are the most affordable neighborhoods in Lakewood?
The most affordable neighborhoods in Lakewood are Kendrick Lake, where the average rent goes for $1,671/month, Edgewood, where renters pay $1,745/mo on average, and Molholm - Two Creeks, where the average rent goes for $1,745/mo. If you’re looking for other great deals, check out the listings from Eiber ($1,757), Morse Park ($1,757), and Academy Park ($1,851), where the asking prices are below the average Lakewood rent of $1,904/mo.
What are the most expensive neighborhoods in Lakewood?
The most expensive neighborhoods in Lakewood are East Belmar ($1,931), Jefferson Gardens ($1,931) and Washington Heights Park ($1,931).
What are the most popular neighborhoods in Lakewood?
The most popular neighborhood in Lakewood is Molholm - Two Creeks, where there are 1 listings with an average rent of $1,745. Next up is Academy Park, where apartments go for $1,851/month, followed by Carmody with $1,870 If you’re looking to rent in Lakewood’s most popular neighborhoods, make sure to also check out East Belmar, where renters pay $1,931 on average, and Edgewood, where the average monthly rent is $1,745.
Lakewood | Rent Comparison by Neighborhood
Rent in Academy Park is 1% lower than in Carmody
$1,851
Academy Park rent is 3% lower than Lakewood average
Average Rent
$1,851
$1,870
Carmody rent is 2% lower than Lakewood average
Average Rent
$1,870
How Lakewood Compares to Other Cities
| State | Average Rent |
|---|---|
| Denver | $1,979 |
| Colorado Springs | $1,547 |
| Aurora | $1,772 |
| Greenwood Village | $2,121 |
| Castle Rock | $2,066 |
| Englewood | $1,946 |
| Lone Tree | $2,108 |
| Boulder | $2,405 |
| Erie | $2,742 |
| Thornton | $1,869 |
| Broomfield | $2,002 |
| Glendale | $1,640 |
| Morrison | $1,890 |
| Parker | $1,943 |
| Lakewood | $1,904 |
What is the average price for a storage unit in Lakewood?
The average rent for a non-climate-controlled 10'x10' storage unit in Lakewood is $141.28. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
