Cheap Apartments for Rent in the Lake City Neighborhood of Lakewood, WA from $800 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake City area of Lakewood.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lincoln Court Apartments
1 to 2 Bedroom Apartments

Lincoln Court Apartments

12908-12918 Lincoln Ave SWLakewood, WA 98499
  • Utilities Included
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Garden Square
1 Bedroom Apartments

Garden Square

8616 Hipkins Rd SWLakewood, WA 98498
  • Utilities Included
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Hawaiian Village North
Studio to 3 Bedroom Apartments

Hawaiian Village North

40 Thunderbird Pky SWLakewood, WA 98498
Corporate Housing
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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American Lake Townhomes
1 to 2 Bedroom Apartments

American Lake Townhomes

12506 98th Avenue Ct SWLakewood, WA 98498
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Pine Ridge Apartments
1 to 2 Bedroom Apartments

Pine Ridge Apartments

5612 Boston Ave SWLakewood, WA 98499
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Forest Village
1 to 3 Bedroom Apartments

Forest Village

8300 Phillips Rd SWLakewood, WA 98498
  • Utilities Included

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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Liberty Apartments
1 to 2 Bedroom Apartments

Liberty Apartments

12802-12878 Lincoln Ave SWLakewood, WA 98499
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The Meadowlark
Studio to 2 Bedroom Apartments

The Meadowlark

5402 77th St WLakewood, WA 98499
Senior Living
  • Utilities Included
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Arbor Pointe
1 to 3 Bedroom Apartments

Arbor Pointe

11432 105th Ave SWLakewood, WA 98498
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MOD 83
1 to 2 Bedroom Apartments

MOD 83

8022 83rd Ave SWLakewood, WA 98498
Corporate Housing
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Timbre Apartments
1 to 3 Bedroom Apartments

Timbre Apartments

8200 Bridgeport Way SWLakewood, WA 98499
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John Dower Estates
2 Bedroom Apartments

John Dower Estates

8113 John Dower Rd SWLakewood, WA 98499
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Heron Heights
Studio to 2 Bedroom Apartments

Heron Heights

8931 Gravelly Lake Dr 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.

Lake City, Lakewood, WA Local Guide

Cheapest Available Lake City Apartments for Rent

 

The cheapest available apartment rental in the Lake City area of Lakewood, WA is a 1 Bed unit found at Whispering Firs priced from $1,099. Lake Grove Apartments! has the second lowest priced unit, which is a Studio apartment currently listed from $1,114. Here are the most affordable Lake City apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Whispering FirsOne Bedroom One Bath1BR,1BA$1,099
Lake Grove Apartments!The HemlockStudio,1BA$1,114
Greenwood II Apartments2BR/1.0BA2BR,1BA$1,225
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1,250
Hunters Glen ApartmentsDeluxe1BR,1BA$1,255
Morningtree Park1B 1B Small1BR,1BA$1,275
Swan Grove ApartmentsThe BlakelyStudio,1BA$1,282
McChord Tudor HausTwo Bedroom One Bath2BR,1BA$1,345
Fort Steilacoom Apartments2 bedroom2BR,1BA$1,390

Best Value Apartments for Rent in Lake City, WA

As of August 01, 2026 the best value apartment in the Lake City 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 Lake City apartment is the 2 Bed 1 Bath C Model at Arbor Pointe starting at $1,725 with a $1.85 price per square foot in the Lake City neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Timberwood Court3BR23BR,2BA$2.01
Arbor Pointe2 Bed 1 Bath C2BR,1BA$1.85
Harbor Oaks2 Beds 1 Bath2BR,1BA$1.94
Greenwood II Apartments2BR/1.0BA2BR,1BA$1.48
Brighton PlaceLaurel1BR,1BA$2.00
Fort Steilacoom Apartments2 bedroom2BR,1BA$1.83
McChord Tudor HausTwo Bedroom One Bath2BR,1BA$1.95
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1.88
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$2.02
Whispering FirsOne Bedroom One Bath1BR,1BA$1.96

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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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
Lake City, Lakewood, WA

Ranked #1

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Lake City, Lakewood, and the greater Lakewood area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lake City Apartments

What is the Cheapest Studio apartment in Lake City?

Currently the most affordable Cheap Studio Apartment in Lake City is at Lake Grove Apartments! listed at $1,114.

How much is rent for a Cheap One Bedroom Lake City Apartment?

The lowest price for a Cheap One Bedroom Lake City Apartment is $1,099 at Whispering Firs.

What is the lowest price for a Cheap Two Bedroom Lake City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $1,225 at Greenwood II Apartments.

What is the most affordable Lake City Three Bedroom Apartment?

The best deal on a cheap Lake City Three Bedroom Apartment rental is at Timberwood Court and starts from $1,995.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.