Cheap Apartments for Rent in the Central Lakes Neighborhood of Lakewood, WA from $1,000 (24 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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Washington Terrace
1 Bedroom Apartments

Washington Terrace

7920 Washington Blvd SWLakewood, WA 98498

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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12109 Nyanza Blvd
3 Bedroom Apartments

12109 Nyanza Blvd

12109 Nyanza BlvdLakewood, WA 98499
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Arbor Pointe
1 to 3 Bedroom Apartments

Arbor Pointe

11432 105th Ave SWLakewood, WA 98498
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Lakewood Plaza Apartments
Studio to 2 Bedroom Apartments

Lakewood Plaza Apartments

6135 SW Steilacoom Blvd SWLakewood, WA 98499
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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201-209 View Rd
2 Bedroom Apartments

201-209 View Rd

201-209 View RdSteilacoom, WA 98388
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Harbor Oaks
1 to 3 Bedroom Apartments

Harbor Oaks

97 Byrd DrSteilacoom, WA 98388
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Woodlake Estates
1 to 2 Bedroom Apartments

Woodlake Estates

6502 Mount Tacoma DrTacoma, WA 98499
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-24, Page 1 of 1

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 Fort Steilacoom Apartments priced from $1,195. Westwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Central Lakes apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Fort Steilacoom Apartments1 Bedroom1BR,1BA$1,195
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,295
Hunters Glen ApartmentsStandard1BR,1BA$1,385
Arbor Pointe1 Bed 1 Bath B1BR,1BA$1,490
Harbor Oaks1 Bed 1 Bath1BR,1BA$1,535

Best Value Apartments for Rent in Central Lakes, WA

As of January 11, 2026 the best value apartment in the Central Lakes area is the $1.89 price per square foot 2BR Model at Timberwood Court in the in the Lake City neighborhood starting from $1,750. The second greatest value Central Lakes apartment is the Two Bedroom One Bath Model at Westwood Apartments starting at $1,525 with a $2.03 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.
Timberwood Court2BR2BR,1BA$1.89
Westwood ApartmentsTwo Bedroom One Bath2BR,1BA$2.03
Harbor Oaks1 Bed 1 Bath1BR,1BA$2.11
Edgewood ApartmentsEdgewood 2x12BR,1BA$2.34
Arbor Pointe1 Bed 1 Bath B1BR,1BA$2.08
Fort Steilacoom Apartments1 Bedroom1BR,1BA$1.87
Hunters Glen ApartmentsStandard1BR,1BA$2.26

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Central Lakes, Lakewood, WA

Ranked #13

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Central Lakes, Lakewood, WA

School data provided by Great Schools

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 $1,195 at Fort Steilacoom Apartments.

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 $1,525 at Westwood Apartments.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!