Lakewood, CO Rental Market
Lakewood is Denver's largest suburb and one of the most strategically positioned communities in the metro, offering direct light rail access to downtown Denver and quick highway access to the Rocky Mountain foothills and ski resorts. Home to the Federal Center — one of the largest concentrations of federal agency offices outside Washington, D.C. — Lakewood benefits from a stable base of government employment alongside a growing private sector driven by its proximity to Denver's tech economy.
Get a rent estimate for an address in LakewoodAverage Rent in Lakewood, CO
$1,780
per month · 2026-06
Market Score
Key Facts — Lakewood, CO Rental Market
- Average rent in Lakewood, CO:$1,780/mo
- Median rent:$1,638/mo
- Rent range:$900 – $3,900/mo
- Most common rental (2 bedrooms):$1,575/mo
- Active listings:980
- Avg days to lease:26 days
- Year-over-year change:+3.2%
- Median home value:$460,000
- Est. gross annual yield:4.6%
- Data as of:2026-06
Rent by Bedroom in Lakewood, CO
Average monthly rent for each bedroom type based on current active listings in Lakewood.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,275/mo |
2 Bedrooms | $1,575/mo |
3 Bedrooms | $2,000/mo |
4 Bedrooms | $2,450/mo |
5 Bedrooms | $2,825/mo |
Lakewood Rental Market Statistics
Key indicators from the current Lakewood, CO rental market.
980
Available now in Lakewood
26
From list to lease
$1.37
Average across listings
1,300 sq ft
Typical rental size
$900 – $3,900
Min to max active listings
+3.2%
Avg rent vs. prior year
Investing in Lakewood, CO Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$460,000
Typical purchase price in Lakewood
Est. Gross Annual Yield
4.6%
Before expenses & vacancy
Avg Monthly Income
$1,780
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Lakewood for a full cash-flow breakdown including all costs.
Lakewood, CO Rental Market FAQ
Common questions about renting and investing in Lakewood, CO.
What is the average rent in Lakewood, CO?
The average rent in Lakewood, CO is $1,780 per month as of 2026. One-bedroom apartments average $1,275/mo, two-bedrooms average $1,575/mo, and three-bedroom homes average $2,000/mo. The Belmar area, Sloans Lake-adjacent neighborhoods, and properties near W-Line light rail stations command the highest rents, while South Lakewood near Morrison Road offers more affordable options.
Is Lakewood, CO a good place to invest in rental property?
Lakewood offers a 4.6% estimated gross yield with 3.2% year-over-year rent growth. The Federal Center — housing agencies including NREL, the National Renewable Energy Laboratory — provides stable government employment, while light rail access to downtown Denver's tech economy broadens the tenant base considerably. Proximity to Red Rocks Amphitheatre and foothills recreation is a genuine lifestyle premium that supports rents.
How competitive is the Lakewood, CO rental market?
Lakewood averages 26 days on market with approximately 980 active listings — a fast pace for its size. Properties near the Belmar district and along the W-Line light rail are most competitive, attracting commuters who want Denver-adjacent living at modest savings. Federal Center employees and healthcare workers at Lutheran Medical Center form a reliable year-round tenant base that keeps vacancy rates consistently low.
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