Cheap Homes in Lakewood, CO

Current Market Conditions in Lakewood, CO

The real estate market in Lakewood has shown robust growth in recent months. The demand for homes has risen significantly, driven by a combination of desirable location, quality schools, and the ongoing popularity of the Denver metro area.

Home prices have increased over the past year, reflecting a competitive market environment, with many properties receiving multiple offers soon after listing. Housing inventory remains low, sustaining upward pressure on prices.

Investors and homebuyers are increasingly looking towards Lakewood due to its relative affordability compared to Denver, as well as the city's ongoing developments and expansion.

Rent Prices In Lakewood, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakewood, CO, is on a rollercoaster ride. The average rent price in Lakewood, CO, is $1,871.00. Indeed, when looking to rent in Lakewood, CO, you can expect to pay as little as $1,060.00 or as much as $4,060.00, with the average rent median estimated to be $1,840.00. The good news is that finding an affordable and desirable property to rent in Lakewood, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.