1520 S 56th St
TacomaWA98408
Cheap Homes for Rent in Lakewood, WA from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.
7630 S Yakima Ave
TacomaWA98408
4513 60th Ave W
TacomaWA98466
11002 Lundstrom Dr SW
TacomaWA98498
10116 19th ave C S
TacomaWA98444
9003 105 Ave 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.
9431 Tacoma Ave S
TacomaWA98444
11002 Lundstrom Dr SW
TacomaWA98498
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$1,2001 Bedroom Apartments Available Now
4525 McChord Dr SW
4525 McChord Dr SWLakewood, WA 98499
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$1,2951 Bedroom Apartments Available Now
4428 111th St SW
4428 111th St SWLakewood, WA 98499
5031 S Orchard St
TacomaWA98467
8801 Commercial St SW
LakewoodWA98498
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.
5015 S Orchard St
TacomaWA98467
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$1,5452 Bedroom Apartments Available Now
6824 150th St SW
6824 150th St SWTacoma, WA 98439
9229 S G St
TacomaWA98444
5032 S 58th St
TacomaWA98409
8311 Lake St SW
LakewoodWA98498
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$1,6952 Bedroom Apartments Available Now
14505-14505 Woodlawn St SW
14505-14505 Woodlawn St SWLakewood, WA 98498
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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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 a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,941 | $1,395 | $2,500 |
| Lakewood 3 Bedroom Homes for Rent | $2,625 | $2,250 | $3,300 |
| Lakewood 4 Bedroom Homes for Rent | $3,384 | $2,565 | $3,900 |
| Lakewood 5 Bedroom Homes for Rent | $3,240 | $3,100 | $3,380 |
Browse Top Homes for Rent in Lakewood
Explore Lakewood
Lakewood, WA Local Guide
- Lakewood Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lakewood, WA
Pricing Updated: 03/10/2026Current apartment rentals in the Lakewood, WA area range in price from $850 to $3,900 with an overall median price of $3,307. The three Lakewood neighborhoods with the lowest median rent pricing are Tillicum at $1,500, Pacific at $2,445, and Lakeview at $2,445. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lakewood Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Tillicum | $1,500 | $1,500 | 1 |
| Pacific | $2,445 | $2,445 | 1 |
| Lakeview | $2,500 | $2,445 | 1 |
| North Lakewood | $2,649 | $900 | 3 |
| Lakeview Tacoma | $3,500 | $2,445 | 1 |
| South Lakes | $3,500 | $1,500 | 3 |
| Lake City | $3,647 | $850 | 16 |
| Central Lakes | $3,795 | $850 | 13 |
| Clinton Park | $3,795 | $2,395 | 4 |
| Clover Park | $3,795 | $2,445 | 2 |
Cheapest Available Lakewood Apartments for Rent
The cheapest available apartment rental in Lakewood, WA is a 1 Bed unit found at Western Terrace in the North Fort Lewis neighborhood priced from $995. The Theodore in the South End neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here is today’s list of the most affordable Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Western Terrace | One Bedroom One Bath | 1BR,1BA | $995 |
| The Theodore | Studio (A) | Studio,1BA | $995 |
| Indigo Apartments | I.Stu.s1 | Studio,1BA | $999 |
| Cascade Ridge Apartments | Studio (ADA) | Studio,1BA | $1,040 |
| Freiday Apartments | 1BR/1.0BA | 1BR,1BA | $1,065 |
Best Value Apartments for Rent in Lakewood, WA
As of March 10, 2026 the best value apartment in the Lakewood area is the $1.11 price per square foot 1060 S 86th St Model at 1060 S 86th St, Unit A in the in the South End neighborhood starting from $2,595. The second greatest value Lakewood apartment is the 5BD/1.75BA - 2,189 SQ FT Model at Lakeshore Apartments starting at $3,295 with a $1.51 price per square foot in the Midland neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1060 S 86th St, Unit A | 1060 S 86th St | 4BR,2.5BA | $1.11 |
| Lakeshore Apartments | 5BD/1.75BA - 2,189 SQ FT | 5BR,2BA | $1.51 |
| Alta Apartments. | 3x2 | 3BR,2BA | $1.46 |
| Aladdin Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.44 |
| Blue Bird Apartments | 2BD/1.75BA - 1,080 SQ FT | 2BR,2BA | $1.57 |
| Mullen Cove Apartments | 2BD/1BA - 1,070 SQ FT | 2BR,1BA | $1.49 |
| Sunset View | 2x1 Renovated | 2BR,1BA | $1.65 |
| Valley Vista | 2 BED 1 BATH | 2BR,1BA | $1.56 |
| Hidden Lake Apartments | 2x1 | 2BR,1BA | $1.67 |
| The Woodmark | 1 Bedroom / 1 Bathroom (C) | 1BR,1BA | $1.45 |
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 Lakewood
What type of rentals are currently available in Lakewood?
There are currently 581 Apartments for Rent in Lakewood, WA with pricing that ranges from $495 to $3,175. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $750 to $3,900.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $750 to $3,900 with an average monthly rent of $2,448.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,779 to $3,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,565 and Four Bedroom Apartments start at $1,967.
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
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.
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.
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.
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.