Cheap Apartments for Rent in the Lake City Neighborhood of Lakewood, WA from $800 (60 Rentals)

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

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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Lincoln Court Apartments
1 to 2 Bedroom Apartments

Lincoln Court Apartments

12908-12918 Lincoln Ave 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.

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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
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Pine Ridge Apartments
1 to 2 Bedroom Apartments

Pine Ridge Apartments

5612 Boston Ave SWLakewood, WA 98499
  • Utilities Included
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American Lake Townhomes
1 to 2 Bedroom Apartments

American Lake Townhomes

12506 98th Avenue Ct SWLakewood, WA 98498
  • Utilities Included
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McChord Tudor Haus
2 Bedroom Apartments

McChord Tudor Haus

5506-5510 Chicago Ave SWLakewood, WA 98499
  • Utilities Included
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Whispering Firs
1 to 2 Bedroom Apartments

Whispering Firs

5501 Chicago Ave SWLakewood, WA 98499

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.

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Forest Village
1 to 3 Bedroom Apartments

Forest Village

8300 Phillips Rd SWLakewood, WA 98498
  • Utilities Included
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Liberty Apartments
1 to 2 Bedroom Apartments

Liberty Apartments

12802-12878 Lincoln Ave SWLakewood, WA 98499
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Arbor Pointe
1 to 3 Bedroom Apartments

Arbor Pointe

11432 105th Ave SWLakewood, WA 98498
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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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Heron Heights
Studio to 2 Bedroom Apartments

Heron Heights

8931 Gravelly Lake Dr SWLakewood, WA 98499

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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MOD 83
1 to 2 Bedroom Apartments

MOD 83

8022 83rd Ave SWLakewood, WA 98498
Corporate Housing
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Edgewood Apartments
1 to 2 Bedroom Apartments

Edgewood Apartments

12211 Edgewood Ave SWLakewood, WA 98498
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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 Studio unit found at Lake Grove Apartments! priced from $1,191. Westwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here are the most affordable Lake City apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Lake Grove Apartments!The HemlockStudio,1BA$1,191
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225
Oak Terrace1x1 Aspen Reno No W/D1BR,1BA$1,247
Morningtree Park1B 1B Small1BR,1BA$1,275
Swan Grove ApartmentsThe BlakelyStudio,1BA$1,282
Steilacoom Woods1BR/1BA1BR,1BA$1,325
Fort Steilacoom Apartments2 bedroom2BR,1BA$1,350
The Village at Seeley Lake11BR,1BA$1,374
Hunters Glen ApartmentsStandard1BR,1BA$1,375
Arbor Pointe1 Bed 1 Bath A1BR,1BA$1,399

Best Value Apartments for Rent in Lake City, WA

As of April 17, 2026 the best value apartment in the Lake City area is the $1.90 price per square foot 3 Beds 1 Bath Model at Harbor Oaks in the in the Lake City neighborhood starting from $2,139. The second greatest value Lake City apartment is the 3BR Model at Timberwood Court starting at $2,095 with a $2.11 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.
Harbor Oaks3 Beds 1 Bath3BR,1BA$1.90
Timberwood Court3BR3BR,1BA$2.11
Timbre ApartmentsThe Orchard2BR,1BA$1.92
Oak Terrace2X1 Hawthorn Classic Partial Reno2BR,1BA$1.99
Hunters Glen Apartments2x12BR,1BA$2.32
Fort Steilacoom Apartments2 bedroom2BR,1BA$1.73
MOD 831 Bedroom1BR,1BA$2.02
The Village at Seeley Lake1A1BR,1BA$2.20
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1.88
Arbor Pointe1 Bed 1 Bath A1BR,1BA$2.27

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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Cash 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.

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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 #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lake City, Lakewood, WA

School data provided by Great Schools

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 a cheap apartment in Lake City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake City is under $1,399.

What is the price of a cheap apartment in Lake City?

The cheapest apartment in Lake City is Westwood Apartments which is listed at $1,225, while the average apartment in Lake City costs $2,460.

What types of apartments are the cheapest in Lake City?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Lake City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake City?

Cheap apartments in Lake City have an average cost of $155 which is $2,305 cheaper than the average rent for all rentals in Lake City.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.

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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.