Last updated
Average Rent in Lakewood 80228 & Rent Trends
Rent prices and market trends across 2 apartment communities in Lakewood 80228, Lakewood, CO. Updated daily.
Market Average
$2,199/mo
Lowest Available
$1,615/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
32
available now
Price Cuts This Week in Lakewood 80228
15 listed units across 1 building in Lakewood 80228 dropped their asking rent in the past 7 days, an average cut of $61/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Braxton | Unit 25 | $1,880 | $1,775 | $105 |
| Braxton | Unit 10 | $2,720 | $2,655 | $65 |
| Braxton | Unit 17 | $2,925 | $2,860 | $65 |
| Braxton | Unit 22 | $3,015 | $2,950 | $65 |
| Braxton | Unit 24 | $2,915 | $2,850 | $65 |
| Braxton | Unit 2 | $2,590 | $2,525 | $65 |
| Braxton | Unit 3 | $2,865 | $2,800 | $65 |
| Braxton | Unit 5 | $1,680 | $1,615 | $65 |
Lakewood 80228 vs Lakewood, CO Average
Lakewood 80228 is more expensive than the Lakewood, CO average by $76/mo (4%). The citywide average is $2,123/mo across all neighborhoods.
Is Rent Going Up or Down in Lakewood 80228?
As of August 2026, the average rent in Lakewood 80228 is $2,199 per month across 2 apartment communities and 32 available units.
The most affordable option is Braxton starting at $1,615/mo. By unit type, a studio averages $2,146/mo, a 1-bedroom averages $1,901/mo, a 2-bedroom averages $2,551/mo.
Prices range from $1,615 to $2,950 per month. The most common price point is the $1,800 range, where 9 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Lakewood 80228
Rent Prices by Apartment in Lakewood 80228
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Braxton | $1,615/mo | $2,146/mo | 23 | 4.2 |
| Arca Green Mountain | $1,833/mo | $2,335/mo | 9 | 4.7 |
Frequently Asked Questions About Rent in Lakewood 80228
What is the average rent in Lakewood 80228?
Is rent going up or down in Lakewood 80228?
What is the cheapest apartment in Lakewood 80228?
How much is a 1-bedroom apartment in Lakewood 80228?
How many apartments are available in Lakewood 80228?
What salary do I need to live comfortably in Lakewood 80228?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$88,000/year
Based on the 30 percent rule, using our tracked average rent of $2,199/mo.
Comfortable income
$106,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,615/mo), you need to earn at least $65,000/year.
Median household income in Lakewood 80228 is $85,789 , about 19% below the comfortable-living threshold.
Cost of living in Lakewood 80228
Overall prices in Lakewood 80228 runs above the national average by about 6% (BEA Regional Price Parity index 105.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lakewood 80228's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,199 |
| Utilities | $628 |
| Groceries | $549 |
| Transportation | $1,497 |
| Healthcare | $730 |
| Other goods and services | $1,169 |
| Estimated total | $6,772/mo |
Population
156,309
Median household income
$85,789
Census median rent
$1,746/mo
Rent as % of income
32.3%
Median age
38.0
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Lakewood 80228 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Lakewood 80228 Apartments
Browse all 2 communities with daily-updated pricing and availability.