close
View Me
Cheap Apartments for Rent in the South Lakes Neighborhood of Lakewood, WA from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lakes area of Lakewood.
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
close
View Me
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
close
View Me
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.
Showing Results 1-6, Page 1 of 1
South Lakes, 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 an apartment in South Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lakes Studio Apartments | $1,282 | $1,282 | $1,282 |
| South Lakes 1 Bedroom Apartments | $1,318 | $995 | $1,700 |
| South Lakes 2 Bedroom Apartments | $1,544 | $1,195 | $2,295 |
| South Lakes 3 Bedroom Apartments | $2,224 | $2,100 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the South Lakes Neighborhood of Lakewood, WA.
See all Apartments in LakewoodExplore Lakewood
South Lakes, Lakewood, WA Local Guide
- Nearby Lakewood neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available South Lakes Apartments for Rent
The cheapest available apartment rental in the South Lakes area of Lakewood, WA is a 1 Bed unit found at Western Terrace priced from $995. The Crossings Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable South Lakes apartments for rent in Lakewood, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Western Terrace | One Bedroom One Bath | 1BR,1BA | $995 |
| The Crossings Apartments | 1 | 1BR,1BA | $1,125 |
| Dimension Lakewood Apartments | 2BR/1.0BA | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in South Lakes, WA
As of May 17, 2025 the best value apartment in the South Lakes 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 South 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 South Lakes 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 |
| 12511 98th Ave Ct SW, Unit 19 | 12511 98th Ave Ct SW | 2BR,1BA | $1.96 |
| Chandelle Apartments | Renovated 2 bedroom! Move In Special! | 2BR,1BA | $1.79 |
| Dimension Lakewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.71 |
| McChord Tudor Haus | 2BR/1.0BA | 2BR,1BA | $1.88 |
| The Crossings Apartments | 1 | 1BR,1BA | $2.16 |
| Western Terrace | One Bedroom One Bath | 1BR,1BA | $2.37 |
| Swan Grove Apartments | The Blakely | Studio ,1BA | $3.73 |
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.
Let everyone know!
Do you know the South Lakes area?
If you’re an expert on all things South Lakes, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSouth Lakes, Lakewood, WA
Ranked #15
Among neighborhoods in Lakewood, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the South Lakes Neighborhood in Lakewood, WA
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap South Lakes Apartments
What is the Cheapest Studio apartment in South Lakes?
Currently the most affordable Cheap Studio Apartment in South Lakes is at Swan Grove Apartments listed at $1,282.
How much is rent for a Cheap One Bedroom South Lakes Apartment?
The lowest price for a Cheap One Bedroom South Lakes Apartment is $995 at Western Terrace.
What is the lowest price for a Cheap Two Bedroom South Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Lakes is starting from $1,195 at Dimension Lakewood Apartments.
What is the most affordable South Lakes Three Bedroom Apartment?
The best deal on a cheap South 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
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.