Cheap Apartments for Rent in the Central Lakes Neighborhood of Lakewood, WA from $900 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Lakes area of Lakewood.

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12506 98th Avenue Ct SW
1 to 2 Bedroom Apartments

12506 98th Avenue Ct SW

12506 98th Avenue Ct SWLakewood, WA 98498
  • Utilities Included
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Garden Square
1 Bedroom Apartments

Garden Square

8616 Hipkins Rd SWLakewood, WA 98498
  • Utilities Included

Central Lakes, Lakewood, WA Local Guide

Cheapest Available Central Lakes Apartments for Rent

 

The cheapest available apartment rental in the Central Lakes area of Lakewood, WA is a 1 Bed unit found at Morningtree Park priced from $1,185. Swan Grove Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,282. Here are the most affordable Central Lakes apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Morningtree Park1B 1B Small1BR,1BA$1,185
Swan Grove ApartmentsThe BlakelyStudio,1BA$1,282
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,295
Arbor Pointe1 Bed 1 Bath A1BR,1BA$1,325
Harbor Oaks1 Bed 1 Bath1BR,1BA$1,395

Best Value Apartments for Rent in Central Lakes, WA

As of March 29, 2025 the best value apartment in the Central Lakes area is the $1.70 price per square foot 2 Bedroom 1 Bath Model at Stonegate Apartments in the in the South Tacoma neighborhood starting from $1,695. The second greatest value Central Lakes apartment is the Two Bedroom Model at Park Place starting at $1,755 with a $1.76 price per square foot in the South Tacoma neighborhood. Here is today’s list of the best values for Central Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.70
Park PlaceTwo Bedroom2BR,1BA$1.76
The Harrison Apartment Homes2x12BR,1BA$2.09
12511 98th Ave Ct SW, Unit 1912511 98th Ave Ct SW2BR,1BA$1.96
12505 98th Avenue Ct SW, Unit #212505 98th Avenue Ct SW2BR,1BA$2.09
Westwood ApartmentsTwo Bedroom One Bath2BR,1BA$2.03
Whispering Firs2BR/1.0BA2BR,1BA$2.13
Harbor Oaks1 Bed 1 Bath1BR,1BA$1.92
8908 Washington Blvd SW, Unit 88908 Washington Blvd SW1BR,1BA$2.14
Arbor Pointe1 Bed 1 Bath A1BR,1BA$2.15

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Pet Friendly Lifestyle
Central Lakes, Lakewood, WA

Ranked #11

Among neighborhoods in Lakewood, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Central Lakes Neighborhood in Lakewood, WA

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Central Lakes Apartments

How much is rent for a Cheap One Bedroom Central Lakes Apartment?

The lowest price for a Cheap One Bedroom Central Lakes Apartment is $1,185 at Morningtree Park.

What is the lowest price for a Cheap Two Bedroom Central Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Lakes is starting from $1,495 at Morningtree Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.