11002 Lundstrom Dr SW
TacomaWA98498
Cheap Homes for Rent in Central Lakes Neighborhood of Lakewood, WA from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Lakes area of Lakewood.
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$1,8002 Bedroom Apartments Available Now
9820 Veterans Dr SW, Unit 9822
9820 Veterans Dr SWTacoma, WA 98498
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.
8117 121st St SW
LakewoodWA98498
123 Lake Louise Dr SW
LakewoodWA98498
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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Central Lakes, Lakewood, WA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Central Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Lakes 2 Bedroom Homes for Rent | $2,300 | $1,850 | $2,750 |
| Central Lakes 3 Bedroom Homes for Rent | $2,360 | $2,125 | $2,595 |
| Central Lakes 4 Bedroom Homes for Rent | $3,516 | $3,350 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Central Lakes Neighborhood of Lakewood, WA.
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Central Lakes, Lakewood, WA Local Guide
- Nearby Lakewood neighborhoods
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Best Value Apartments for Rent in Central Lakes, WA
As of May 24, 2026 the best value apartment in the Central Lakes area is the $2.01 price per square foot 3BR2 Model at Timberwood Court in the in the Lake City neighborhood starting from $1,995. The second greatest value Central Lakes apartment is the 2 Bed 1 Bath C Model at Arbor Pointe starting at $1,749 with a $1.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Timberwood Court | 3BR2 | 3BR,2BA | $2.01 |
| Arbor Pointe | 2 Bed 1 Bath C | 2BR,1BA | $1.88 |
| Copperstone Luxury Apartments and Townhomes | 2/2 | 2BR,2BA | $2.53 |
| Fort Steilacoom Apartments | 2 bedroom | 2BR,1BA | $1.83 |
| Harbor Oaks | 1 Bed 1 Bath | 1BR,1BA | $2.10 |
| Edgewood Apartments | Edgewood 2x1 | 2BR,1BA | $2.41 |
| Westwood Apartments | One Bedroom One Bath | 1BR,1BA | $1.88 |
| Hunters Glen Apartments | Standard | 1BR,1BA | $2.12 |
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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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 LifestyleCentral Lakes, Lakewood, WA
Ranked #10
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Central Lakes, Lakewood, WA
School data provided by Great Schools
Frequently Asked Questions about Central Lakes
What type of rentals are currently available in Central Lakes?
There are currently 67 Apartments for Rent in Central Lakes, WA with pricing that ranges from $1,225 to $2,195. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Lakes ranging from $1,200 to $3,700.
What is the current price range for Rental Homes in Central Lakes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Lakes ranges from $1,200 to $3,700 with an average monthly rent of $2,444.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.
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.