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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
American Lake Townhomes
1 to 2 Bedroom Apartments

American Lake Townhomes

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

Garden Square

8616 Hipkins Rd SWLakewood, WA 98498
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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. McChord Tudor Haus has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,225. 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
McChord Tudor Haus2BR/1.0BA2BR,1BA$1,225
Swan Grove ApartmentsThe BlakelyStudio,1BA$1,282
Whispering Firs2BR/1.0BA2BR,1BA$1,295
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,295

Best Value Apartments for Rent in Central Lakes, WA

As of April 27, 2025 the best value apartment in the Central Lakes area is the $2.09 price per square foot 2x1 Model at The Harrison Apartment Homes in the in the Lake City neighborhood starting from $1,763. The second greatest value Central Lakes apartment is the 12511 98th Ave Ct SW Model at 12511 98th Ave Ct SW, Unit 19 starting at $1,595 with a $1.96 price per square foot in the Lake City 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.
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
Park PlaceOne Bedroom1BR,1BA$1.87
Windemere ApartmentsOne Bedroom Standard1BR,1BA$1.99
Westwood ApartmentsTwo Bedroom One Bath2BR,1BA$2.03
Whispering Firs2BR/1.0BA2BR,1BA$1.76
Harbor Oaks1 Bed 1 Bath1BR,1BA$2.12
McChord Tudor Haus2BR/1.0BA2BR,1BA$1.88
Arbor Pointe1 Bed 1 Bath A1BR,1BA$2.32

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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

What is the Cheapest Studio apartment in Central Lakes?

Currently the most affordable Cheap Studio Apartment in Central Lakes is at Swan Grove Apartments listed at $1,282.

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 $1,225 at McChord Tudor Haus.

What is the most affordable Central Lakes Three Bedroom Apartment?

The best deal on a cheap Central Lakes Three Bedroom Apartment rental is at Swan Grove Apartments and starts from $2,199.

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.