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$1,114 - $1,825Built in 2020Studio to 2 Bedroom Apartments Available Now
Lake Grove Apartments!
6102 Lake Grove St SWLakewood, WA 98499
Cheap New Apartments for Rent in Lakewood, WA from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.
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$1,282 - $1,875Built in 2025Studio to 2 Bedroom Apartments Available Now
Swan Grove Apartments
8920 Gravelly Lake Dr SWLakewood, WA 98499
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$995 - $1,215Built in 2025Studio to 2 Bedroom Apartments Available Now
The Theodore
8801 S Hosmer StTacoma, WA 98444
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.
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$1,090 - $1,105Built in 2023Studio Apartments Available Now
Safe Harbor Apartments
8820 S Hosmer StTacoma, WA 98444
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$1,125 - $1,550Built in 2024Studio to 1 Bedroom Apartments Available Now
Thea Apartments
7414 S Hosmer StTacoma, WA 98408
609 Lafayette St
SteilacoomWA98388
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Built in 20161 to 4 Bedroom Apartments
Oak Trace Apartments
7419 S Verde StTacoma, WA 98409
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Lakewood, WA Local Guide
How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,230 | $995 | $2,869 |
| Lakewood 1 Bedroom Apartments | $1,544 | $700 | $2,530 |
| Lakewood 2 Bedroom Apartments | $1,908 | $1,125 | $3,480 |
| Lakewood 3 Bedroom Apartments | $2,464 | $1,795 | $3,995 |
| Lakewood 4 Bedroom Apartments | $2,396 | $2,088 | $2,448 |
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Lakewood, WA Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Lakewood, WAPopulation: 60,538
Ranked #622
in US Census Population by City
Best Local Schools in Lakewood, WA
Lake Louise Elementary School
Clover Park School District
Public School - Grades PK-5 (466)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakewood, WA Rentals by Map
See the most popular apartments and homes in Lakewood, WA
Frequently Asked Questions about Cheap Lakewood Apartments
What is a cheap apartment in Lakewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,099.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Western Terrace which is listed at $995, while the average apartment in Lakewood costs $2,418.
What types of apartments are the cheapest in Lakewood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 107 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lakewood?
Cheap apartments in Lakewood have an average cost of $687 which is $1,731 cheaper than the average rent for all rentals in Lakewood.
Expert Rental Resources
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.
Articles, How-To's, and Tips
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.