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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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

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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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

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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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 Westwood Apartments priced from $1,225. Fort Steilacoom Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,350. Here are the most affordable Central Lakes apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225
Fort Steilacoom Apartments2 bedroom2BR,1BA$1,350
Hunters Glen ApartmentsStandard1BR,1BA$1,375
Arbor Pointe1 Bed 1 Bath A1BR,1BA$1,399
Harbor Oaks2 Beds 1 Bath2BR,1BA$1,725

Best Value Apartments for Rent in Central Lakes, WA

As of April 19, 2026 the best value apartment in the Central Lakes area is the $1.90 price per square foot 3 Beds 1 Bath Model at Harbor Oaks in the in the Lake City neighborhood starting from $2,139. The second greatest value Central Lakes apartment is the 3BR Model at Timberwood Court starting at $2,095 with a $2.11 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.
Harbor Oaks3 Beds 1 Bath3BR,1BA$1.90
Timberwood Court3BR3BR,1BA$2.11
Copperstone Luxury Apartments and Townhomes2/22BR,2BA$2.53
Hunters Glen Apartments2x12BR,1BA$2.32
Fort Steilacoom Apartments2 bedroom2BR,1BA$1.73
Edgewood ApartmentsEdgewood 2x12BR,1BA$2.41
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1.88
Arbor Pointe1 Bed 1 Bath A1BR,1BA$2.27

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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Pet Friendly Lifestyle
Central Lakes, Lakewood, WA

Ranked #14

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 $1,225 at Westwood 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 $1,350 at Fort Steilacoom Apartments.

What is the most affordable Central Lakes Three Bedroom Apartment?

The best deal on a cheap Central Lakes Three Bedroom Apartment rental is at Timberwood Court and starts from $2,095.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.