
Cheap Homes for Rent in Lake City Neighborhood of Lakewood, WA from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake City area of Lakewood.


11002 Lundstrom Dr SW

7537 Grange St W, Unit 7537
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.

2820 Garden Ct

8117 121st St SW

123 Lake Louise Dr SW
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

How much does it cost to rent a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $2,148 | $1,845 | $2,750 |
| Lake City 3 Bedroom Homes for Rent | $2,572 | $2,395 | $2,750 |
| Lake City 4 Bedroom Homes for Rent | $3,379 | $2,995 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lake City Neighborhood of Lakewood, WA.
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Lake City, Lakewood, WA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Steilacoom Woods | Studio | Studio,1BA | $1,150 |
| McChord Tudor Haus | One Bedroom One Bath | 1BR,1BA | $1,150 |
| Whispering Firs | One Bedroom One Bath | 1BR,1BA | $1,195 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Town View Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.62 |
| Harbor Oaks | 3 Beds 1 Bath | 3BR,1BA | $1.78 |
| Timberwood Court | 3BR2 | 3BR,2BA | $2.01 |
| Arbor Pointe | 2 Bed 1 Bath C | 2BR,1BA | $1.88 |
| MOD 83 | 2 Bedroom | 2BR,1BA | $2.04 |
| Fort Steilacoom Apartments | 2 bedroom | 2BR,1BA | $1.83 |
| Dimension Lakewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.81 |
| McChord Tudor Haus | Two Bedroom One Bath | 2BR,1BA | $1.96 |
| Westwood Apartments | One Bedroom One Bath | 1BR,1BA | $1.88 |
| Greenfield Apartments | 1 Bedroom 1 Bathroom | 1BR,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.
Read ArticleReal 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.
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.
Pet Friendly LifestyleLake City, Lakewood, WA
Ranked #2
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake City, Lakewood, WA
School data provided by Great Schools
Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 134 Apartments for Rent in Lake City, WA with pricing that ranges from $1,150 to $2,463. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $900 to $3,800.
What is the current price range for Rental Homes in Lake City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $900 to $3,800 with an average monthly rent of $2,366.
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

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.

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.

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.

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.