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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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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Lincoln Court Apartments
1 to 2 Bedroom Apartments

Lincoln Court Apartments

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

Garden Square

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

Hawaiian Village North

40 Thunderbird Pky SWLakewood, WA 98498
Corporate Housing
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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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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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Forest Village
1 to 3 Bedroom Apartments

Forest Village

8300 Phillips Rd SWLakewood, WA 98498
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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
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Heron Heights
Studio to 2 Bedroom Apartments

Heron Heights

8931 Gravelly Lake Dr SWLakewood, WA 98499
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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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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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Edgewood Apartments
1 to 2 Bedroom Apartments

Edgewood Apartments

12211 Edgewood Ave SWLakewood, WA 98498
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John Dower Estates
2 Bedroom Apartments

John Dower Estates

8113 John Dower Rd 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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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 Steilacoom Woods priced from $1,150. McChord Tudor Haus has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Lake City apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Steilacoom WoodsStudioStudio,1BA$1,150
McChord Tudor HausOne Bedroom One Bath1BR,1BA$1,150
Whispering FirsOne Bedroom One Bath1BR,1BA$1,195
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1,225
Hunters Glen ApartmentsDeluxe1BR,1BA$1,255
Dimension Lakewood Apartments2BR/1.0BA2BR,1BA$1,265
Morningtree Park1B 1B Small1BR,1BA$1,275
Lake Grove Apartments!The HemlockStudio,1BA$1,299
Fort Steilacoom Apartments2 bedroom2BR,1BA$1,390

Best Value Apartments for Rent in Lake City, WA

As of June 04, 2026 the best value apartment in the Lake City area is the $1.62 price per square foot 2BR/1.5BA Model at Town View Apartments in the in the Lake City neighborhood starting from $1,950. The second greatest value Lake City apartment is the 3 Beds 1 Bath Model at Harbor Oaks starting at $1,999 with a $1.78 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.
Town View Apartments2BR/1.5BA2BR,1.5BA$1.62
Harbor Oaks3 Beds 1 Bath3BR,1BA$1.78
Timberwood Court3BR23BR,2BA$2.01
Arbor Pointe2 Bed 1 Bath C2BR,1BA$1.88
MOD 832 Bedroom2BR,1BA$2.04
Fort Steilacoom Apartments2 bedroom2BR,1BA$1.83
Dimension Lakewood Apartments2BR/1.0BA2BR,1BA$1.81
McChord Tudor HausTwo Bedroom One Bath2BR,1BA$1.96
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1.88
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1.98

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 #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 the Cheapest Studio apartment in Lake City?

Currently the most affordable Cheap Studio Apartment in Lake City is at Steilacoom Woods listed at $1,150.

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

The lowest price for a Cheap One Bedroom Lake City Apartment is $1,150 at McChord Tudor Haus.

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 $1,265 at Dimension Lakewood 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 $1,895.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.