5228 S State St
TacomaWA98409
Cheap Homes for Rent in Lakewood, WA from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.
9618 108th Ave SW
TacomaWA98498
1743 Lafayette St S
TacomaWA98444
5021 59th Ave Ct W
University PlaceWA98466
7001 S Wapato St
TacomaWA98409
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Lakewood, WA Local Guide
Sunrise over Mt. Rainier in Lakewood by Razvan Orendovici is licensed under CC BY 2.0
How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,835 | $1,600 | $2,300 |
| Lakewood 3 Bedroom Homes for Rent | $2,461 | $1,900 | $3,297 |
| Lakewood 4 Bedroom Homes for Rent | $3,051 | $2,750 | $3,255 |
Browse Top Homes for Rent in Lakewood
Explore Lakewood
Lakewood, WA Local Guide
- Lakewood Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lakewood, WA
Pricing Updated: 04/12/2025Current apartment rentals in the Lakewood, WA area range in price from $945 to $4,737 with an overall median price of $2,249. The three Lakewood neighborhoods with the lowest median rent pricing are Pacific at $945, Central Lakes at $1,185, and Clinton Park at $945. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Pacific | $2,162 | $945 | 94 |
| Central Lakes | $2,199 | $1,185 | 48 |
| Clinton Park | $2,199 | $945 | 54 |
| Clover Park | $2,199 | $945 | 61 |
| Custer | $2,199 | $1,099 | 54 |
| Interlaken | $2,199 | $950 | 71 |
| Lake City | $2,199 | $950 | 109 |
| Lakeview Tacoma | $2,199 | $945 | 89 |
| Monte Vista | $2,199 | $945 | 104 |
| North Lakewood | $2,199 | $950 | 113 |
Cheapest Available Lakewood Apartments for Rent and Nearby
The cheapest available apartment rental in Lakewood, WA is a 1 Bed unit found at Washington Oaks in the North Fort Lewis neighborhood priced from $947. Western Terrace in the North Fort Lewis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Oaks | 1X1 | 1BR,1BA | $947 |
| Western Terrace | One Bedroom One Bath | 1BR,1BA | $995 |
| Cascade Ridge Apartments | Studio (ADA) | Studio,1BA | $1,025 |
Best Value Apartments for Rent in Lakewood, WA and Nearby
As of April 12, 2025 the best value apartment in the Lakewood area is the $1.14 price per square foot 15422 Rose Rd SW Model at 15422 Rose Rd SW, Unit WaterFront American Lake in the in the North Fort Lewis neighborhood starting from $2,300. The second greatest value Lakewood apartment is the Townhome Model at Aladdin Townhomes starting at $1,700 with a $1.44 price per square foot in the South End neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15422 Rose Rd SW, Unit WaterFront American Lake | 15422 Rose Rd SW | 3BR,2BA | $1.14 |
| Aladdin Townhomes | Townhome | 2BR,1.5BA | $1.44 |
| Freiday Apartments | 3BR/1.0BA | 3BR,1BA | $1.53 |
| Alta Apartments. | 1x1 | 1BR,1BA | $1.52 |
| Valley Vista | 2 BED 1 BATH | 2BR,1BA | $1.58 |
| Hillside Glen Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.64 |
| LAK-10506 | 1bd-1ba | 1BR,1BA | $1.26 |
| Bridgewood Estates Apartments | 2BR/1.0BA | 2BR,1BA | $1.41 |
| The Woodmark | 1 Bedroom / 1 Bathroom (B) | 1BR,1BA | $1.45 |
| Washington Oaks | 1X1 | 1BR,1BA | $1.58 |
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 579 Apartments for Rent in Lakewood, WA with pricing that ranges from $800 to $4,737. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $699 to $3,297.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $699 to $3,297 with an average monthly rent of $2,136.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,625 to $4,737, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,297. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $2,999.
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.
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.
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.
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.
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.