Average Rent in Lakewood, CO

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Current Versus Historical Lakewood, CO Rents

Lakewood rentals average $623 for a studio rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $1,685, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $193 (15.32%) year-over-year from $1,262 to $1,455. 1-bedroom rentals prices have increased by $348 (25.68%) year-over-year from $1,357 to $1,705. 2-bedroom rentals prices have increased by $545 (33.54%) year-over-year from $1,625 to $2,170. 3-bedroom rentals prices have increased by $518 (22.72%) year-over-year from $2,282 to $2,800. 4-bedroom rentals prices have increased by $83 (2.44%) year-over-year from $3,417 to $3,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 16.25% this month. 1-bedroom rents have gone up by 13.79% this month. 2-bedroom rents have gone up by 17.09% this month. 3-bedroom rents have gone down by 1.18% this month. 4-bedroom rents have gone down by 1.18% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.76 $1,455 $1,262 (15.32%) $1,080 (34.70%)
1 BR $2.33 $1,705 $1,357 (25.68%) $1,143 (49.13%)
2 BR $1.98 $2,170 $1,625 (33.54%) $1,372 (58.20%)
3 BR $1.84 $2,800 $2,282 (22.72%) $1,805 (55.12%)
4+ BR $1.59 $3,500 $3,417 (2.44%) $3,073 (13.88%)

Historical Rents in Lakewood, CO

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lakewood



Let's compare Lakewood, CO's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Lakewood



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Lakewood

The average rent for rentals in these counties is $1,800. That's roughly around $2 per sqft. The county that is the most affordable is Jefferson, CO. It's average rent per month is $1,800. Vice versa, with an average rent of $1,800, Jefferson, CO is the most expensive county by Lakewood, CO.

Typically, rent for studios in Lakewood, CO is 84.74% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lakewood, CO is on par with the other counties nearby. Finally, rent for two bedrooms in Lakewood, CO is on par with the other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Jefferson, CO $1,150 $1,350 $1,750 $1,800

Top Zipcodes Near Lakewood

There are a total of 2 zipcodes in or near Lakewood, CO. The average rent for all of these zipcodes is $1,800.

The following chart includes the top 2 zipcodes in Lakewood, CO. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
80204, Denver, CO $1,562 $1,965 $2,603 $2,006
80203, Denver, CO $1,158 $1,425 $1,900 $1,595

Frequently Asked Questions - Lakewood Average Rents

What is the average rent price in Lakewood, CO?
The average monthly rental price for Lakewood, CO apartments for rent is approximately $1,685. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lakewood, CO rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lakewood, CO.
How much is a studio apartment in Lakewood, CO?
The average monthly rental price for studio apartments is $623 and an average price per square feet of $1.76. There are a total of 4 studio apartment listings currently available for rent in Lakewood.
How much is a one bedroom apartment in Lakewood, CO?
The average monthly rental price for one bedroom apartments is $1,350 and an average price per square feet of $2.33. There are a total of 23 one bedroom apartment listings currently available for rent in Lakewood.
How much is a two bedroom apartment in Lakewood, CO?
The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.98. There are a total of 43 two bedroom apartment listings currently available for rent in Lakewood.
How have rent prices in Lakewood, CO changed this year?
Rent prices for rentals in Lakewood, CO can fluctuate yearly. Specifically, studio rental prices have changed by 0.15%, one bedroom rental prices have changed by 0.26%, two bedroom rental prices have changed by 0.34%, and three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in Lakewood, CO?
A reasonable rent price in Lakewood, CO is around $1,348/month. You can search for these reasonably priced rental listings on RentHop.
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