12105 12th Ave S
TacomaWA98444
Cheap Homes for Rent in Lakewood, WA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.
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5021 59th Ave Ct W
University PlaceWA98466
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.
11002 Lundstrom Dr SW
TacomaWA98498
12605 Pacific Ave S
TacomaWA98444
3734 S M St
TacomaWA98418
5219 S Orchard St
TacomaWA98467
766 S 64th St
TacomaWA98408
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6623 S Monroe St, Unit 6623
6623 S Monroe St
TacomaWA98409
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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.
3508 S 45th St
TacomaWA98409
710 127th St S
ParklandWA98444
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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 | $1,860 | $1,550 | $2,275 |
| Lakewood 3 Bedroom Homes for Rent | $2,727 | $2,300 | $3,400 |
| Lakewood 4 Bedroom Homes for Rent | $3,181 | $2,300 | $4,400 |
| Lakewood 5 Bedroom Homes for Rent | $800 | $800 | $800 |
Browse Top Homes for Rent in Lakewood
Explore Lakewood
Lakewood, WA Local Guide
- Lakewood Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lakewood, WA
Pricing Updated: 07/30/2025Current apartment rentals in the Lakewood, WA area range in price from $950 to $3,500 with an overall median price of $2,436. The three Lakewood neighborhoods with the lowest median rent pricing are Tillicum at $995, South Lakes at $995, and Northeast Lakewood at $995. 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 | $1,412 | $995 | 9 |
| South Lakes | $1,650 | $995 | 12 |
| Northeast Lakewood | $1,925 | $995 | 33 |
| Pacific | $2,195 | $1,050 | 23 |
| Central Lakes | $2,299 | $1,195 | 18 |
| Lake Louise | $2,397 | $950 | 24 |
| Lakeview | $2,397 | $1,125 | 21 |
| Lakeview Tacoma | $2,397 | $1,125 | 22 |
| Clover Park | $2,437 | $1,238 | 18 |
| Oakbrook | $2,437 | $950 | 86 |
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. Indigo Apartments 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 |
| Indigo Apartments | Studio (S1) | Studio,1BA | $995 |
| The Theodore | Studio (A) | Studio,1BA | $999 |
| Cascade Ridge Apartments | Studio | Studio,1BA | $1,050 |
| The Woodmark | 1 Bedroom / 1 Bathroom (C) | 1BR,1BA | $1,090 |
Best Value Apartments for Rent in Lakewood, WA
As of July 30, 2025 the best value apartment in the Lakewood area is the $1.50 price per square foot 15422 Rose Rd SW Model at 15422 Rose Rd SW, Unit A in the in the North Fort Lewis neighborhood starting from $1,800. The second greatest value Lakewood apartment is the 2BR, 2BA Model at Town View Apartments starting at $1,900 with a $1.67 price per square foot in the Lake City 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. |
|---|---|---|---|
| 15422 Rose Rd SW, Unit A | 15422 Rose Rd SW | 2BR,1BA | $1.50 |
| Town View Apartments | 2BR, 2BA | 2BR,2BA | $1.67 |
| Mullen Cove Apartments | 2BD/2BA - 1,080 SQ FT | 2BR,2BA | $1.50 |
| Stonegate Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.70 |
| Alta Apartments. | 1x1 | 1BR,1BA | $1.52 |
| Valley Vista | 2 BED 1 BATH | 2BR,1BA | $1.60 |
| Hillside Glen Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.64 |
| Scenic Pines Apartments | Western Pine | 2BR,2BA | $1.65 |
| Bridgewood Estates Apartments | 2BR/1.0BA | 2BR,1BA | $1.46 |
| The Woodmark | 1 Bedroom / 1 Bathroom (C) | 1BR,1BA | $1.45 |
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 582 Apartments for Rent in Lakewood, WA with pricing that ranges from $950 to $4,135. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $800 to $4,400.
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 $800 to $4,400 with an average monthly rent of $2,152.
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 $1,800 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,975.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.