Neighborhood Guide

Lakewood Terrace

Lakewood, CO 80226

Data Verified: Jul 4, 2026

About this Area

Lakewood Terrace is a hidden gem in the heart of Lakewood, Colorado, offering a unique blend of historic charm and modern convenience that has attracted residents for decades. Developed in the 1950s, this neighborhood was designed to provide affordable, quality housing for post-war families, and it has since evolved into a thriving community with a strong sense of identity. The area's history is reflected in its well-preserved mid-century homes, many of which feature original hardwood floors, brick fireplaces, and expansive windows that flood interiors with natural light. Over the years, Lakewood Terrace has maintained its original character while embracing contemporary updates, creating a dynamic and inviting atmosphere. The neighborhood's close-knit community spirit is evident in its active neighborhood association and regular block parties, where residents come together to celebrate and build connections.

Lakewood Terrace presents a diverse array of architectural styles, with a median home value of $547,000, making it an attractive option for both first-time buyers and seasoned investors. The neighborhood is dominated by single-family homes built primarily in the 1950s and 1960s, including classic ranch-style, split-level, and storybook homes, each with its own unique charm. Lot sizes typically range from 0.2 to 0.4 acres, offering ample space for outdoor living and gardening. Many homes have been meticulously renovated, featuring modern kitchens with stainless steel appliances, updated bathrooms with spa-like finishes, and energy-efficient systems. The real estate market in Lakewood Terrace is robust, with homes often selling quickly due to their desirable location near Belmar and the foothills, as well as their competitive pricing relative to other Lakewood neighborhoods.

Residents of Lakewood Terrace enjoy unparalleled access to a wide range of amenities that cater to every lifestyle. The neighborhood is just a short walk or drive from the vibrant Belmar Shopping Center, a premier destination featuring a mix of national retailers, local boutiques, and restaurants like The Cheesecake Factory and REI. For outdoor enthusiasts, the nearby Bear Creek Trail offers over 10 miles of scenic paths for walking, biking, and jogging, while the stunning Rocky Mountain foothills provide endless opportunities for hiking and nature exploration. Families benefit from top-rated schools such as Lasley Elementary and Evergreen Middle School, while nearby Lakewood High School serves older students. Additionally, the neighborhood is within close proximity to major healthcare facilities, including the renowned St. Anthony Hospital and the Lakewood Medical Center, ensuring residents have access to quality medical care.

Buyers are drawn to Lakewood Terrace for its perfect combination of historic charm, modern amenities, and a strong sense of community, all contributing to an exceptional quality of life. With a median household income of $78,466, residents enjoy financial stability and the ability to invest in their homes, further enhancing the neighborhood's appeal. Commute times are reasonable, with easy access to Interstate 70, West Colfax Avenue, and the light rail, allowing for quick trips to downtown Denver, Golden, or the foothills for weekend adventures. The neighborhood's well-maintained infrastructure, low crime rates, and active community organizations foster a sense of pride and belonging. Whether you're a young family, a professional seeking a peaceful retreat, or a retiree looking for a vibrant community, Lakewood Terrace offers an idyllic setting to put down roots and build a fulfilling life.

Homendo Valuation Index
Quality of Life 85
Environment 85
Education 84
Safety 88
Demographics
Population
32,237
Density
3,800
Median Age
37.5
Income
$78,466
StatisticZipCityCountyStateUSA
Population 32,237 156,309579,7155,810,774332,387,540
Median Age 37.5 38.040.437.538.7
People per Household 2.26 2.222.382.452.54
Median Household Income $78,466 $85,789$107,800$92,470$78,538
Avg Income per Capita $42,734 $51,218$58,142$50,489$43,289
Real Estate Market
Median Value
$547,000
Median Rent
$1,616
Available
136
MetricZipCityCountyStateUSA
Median Sale Price$547,000$548,200$604,400$502,200$303,400
Median Age of Home5348453845
Homes Owned48.4%55.1%67.5%60.6%58.2%
Homes Rented45.4%39.8%28.1%30.8%31.3%
Homes Vacant6.2%5.1%4.4%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index132.1132.1132.1132.1100.0
Commute Time (min)25.226.726.625.526.6
Work from Home18.3%19.9%22.3%18.8%13.5%
Climate
Jan Low
14.2°
July High
88.7°
Rain
18.3"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)14.214.214.214.214.2
July Avg High (°F)88.788.788.788.788.7
Annual Precip (in)18.318.318.318.318.3
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Lakewood Terrace

Lakewood Terrace is an accessible entry-point into the CO real estate market located in Lakewood. The neighborhood is offering a flexible lifestyle with a dynamic mix of owners and renters, ideal for young professionals or investors..

Demographically, the area attracts a diverse age group (Median Age: 37.5), creating a unique community atmosphere. With a median household income of $78,466, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Lakewood Terrace is currently active. The median home value stands at $547,000, reflecting the desirability of the Lakewood area. For investors or those looking to lease, the median rent is approximately $1,616.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 6.2%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Lakewood Terrace holds a Homendo Safety Score of 88 and an Environmental Quality Score of 85. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Lakewood region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Lakewood Terrace is rated at 84 on the Homendo Index. Located within the Jefferson County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Somewhat Walkable
61
Transit
Some Transit
43
Bike
Bikeable
61
School Ratings

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