Apartments for Rent in South Alameda, Lakewood, CO

South Alameda, Lakewood apartment availability

South Alameda's rental market offers a good selection of listings, with an average of 29 rentals available each month. The majority of rentals are 2-bedroom apartments, followed closely by 1-bedroom apartments. Many of these apartments are pet-friendly, with 87% allowing small pets or having some pet restrictions. This makes South Alameda a great option for renters with furry friends. With a range of bedroom sizes available, from studios to 3-bedroom apartments, South Alameda has something for everyone.

South Alameda, Lakewood rental market trends

South Alameda's rental market in Lakewood has experienced a modest year-over-year increase of 0.87% in 2024, with the average monthly rent across all property types reaching $2,002. However, this overall trend belies significant variations by bedroom count. While 3-bedrooms saw a substantial 24.3% increase to $3,370, 1-bedrooms and 2-bedrooms experienced declines of 9.9% and 9.2%, respectively, to $1,663 and $1,919. Studios also decreased by 8.4% to $1,705.

Renters should note that May is the most expensive month to rent in South Alameda, with prices 37.3% higher than in January, the least expensive month. This significant difference presents an opportunity for budget-conscious renters to find more affordable options during the winter months. As the rental market fluctuates throughout the year, understanding these trends can help renters make informed decisions about their housing choices.

Why South Alameda, Lakewood is a great place to live

South Alameda stands out for its commitment to environmental sustainability and vibrant social life. The neighborhood's focus on eco-friendly living is evident in its use of non-toxic paint, rainwater harvesting, and energy-efficient appliances in many of its homes. Additionally, community solar projects and LEED green certifications contribute to its strong environmental sustainability score. Social life in South Alameda thrives due to its excellent walk score, well-maintained street infrastructure, and diverse neighborhood age distribution. With a strong transit frequency and a safe community, residents can easily get around and connect with friends and neighbors, making it an ideal spot for those who value both their social connections and the planet.