
Cheap Homes for Rent in Lakewood, WA from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.


10116 19th ave C S

9003 105 Ave SW

5021 59th Ave Ct W

9431 Tacoma Ave S, Unit Main House
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.

1668 S 50th St

11002 Lundstrom Dr SW

6043 S Lawrence St

1122 Lafayette St S

15108 Washington Ave SW
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.

5012 S 58th St

5726 59th St Ct W

5726 59th St Ct W

6527 95th St SW

4911 S Orchard St
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.

6824 150th St SW

5217 S Orchard St
Lakewood, WA Local Guide

How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,986 | $1,350 | $2,500 |
| Lakewood 3 Bedroom Homes for Rent | $2,724 | $2,095 | $4,500 |
| Lakewood 4 Bedroom Homes for Rent | $3,512 | $2,649 | $7,499 |
| Lakewood 5 Bedroom Homes for Rent | $3,250 | $3,200 | $3,300 |
Browse Top Homes for Rent in Lakewood
Explore Lakewood
Lakewood, WA Local Guide
- Lakewood Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lakewood, WA
Pricing Updated: 01/11/2026Current apartment rentals in the Lakewood, WA area range in price from $925 to $3,995 with an overall median price of $2,951. The three Lakewood neighborhoods with the lowest median rent pricing are Tillicum at $995, South Lakes at $995, and Monte Vista at $1,195. 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 | $1,427 | $995 | 11 |
| South Lakes | $1,660 | $995 | 12 |
| Monte Vista | $2,215 | $1,195 | 38 |
| Lakeview | $2,249 | $1,095 | 35 |
| Lakeview Tacoma | $2,249 | $1,095 | 36 |
| Pacific | $2,250 | $925 | 35 |
| North Lakewood | $2,282 | $1,195 | 56 |
| Oakbrook | $2,422 | $1,095 | 174 |
| Northeast Lakewood | $2,500 | $999 | 95 |
| Central Lakes | $3,995 | $1,195 | 16 |
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 |
| Safe Harbor Apartments | Studio | Studio,1BA | $1,080 |
| The Woodmark | 1 Bedroom / 1 Bathroom (C) | 1BR,1BA | $1,090 |
Best Value Apartments for Rent in Lakewood, WA
As of January 11, 2026 the best value apartment in the Lakewood area is the $1.08 price per square foot 4411 76th Ave W Model at 4411 76th Ave W, Unit Unit 3 in the in the University Place neighborhood starting from $1,775. The second greatest value Lakewood apartment is the 3x2 Model at Alta Apartments. starting at $1,900 with a $1.46 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. |
|---|---|---|---|
| 4411 76th Ave W, Unit Unit 3 | 4411 76th Ave W | 2BR,2BA | $1.08 |
| Alta Apartments. | 3x2 | 3BR,2BA | $1.46 |
| Aladdin Townhomes | 2 Bed 1.5 Bath Renovated | 2BR,1.5BA | $1.53 |
| Tudor Village at the Mall | Two Bedroom Two Bath Economy | 2BR,2BA | $1.68 |
| Valley Vista | 2 BED 1 BATH | 2BR,1BA | $1.48 |
| Briarstone | 2/1 950sf | 2BR,1BA | $1.52 |
| Hidden Lake Apartments | 2x1 | 2BR,1BA | $1.67 |
| Los Altos Apartments | Two Bedroom One Bath | 2BR,1BA | $1.64 |
| Bridgewood Estates Apartments | 2BR/1.0BA | 2BR,1BA | $1.49 |
| 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.
Read ArticleThe 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
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.
Best Local Schools in Lakewood, WA
Lake Louise Elementary School
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 576 Apartments for Rent in Lakewood, WA with pricing that ranges from $925 to $3,995. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $850 to $7,499.
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 $850 to $7,499 with an average monthly rent of $2,532.
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 $3,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,649 and Four Bedroom Apartments start at $1,976.
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 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!