Cheap Apartments for Rent in the Lake Louise Neighborhood of Lakewood, WA from $1,000 (7 Rentals)

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

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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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Forest Village
1 to 3 Bedroom Apartments

Forest Village

8300 Phillips Rd SWLakewood, WA 98498
  • Utilities Included

Lake Louise, Lakewood, WA Local Guide

Cheapest Available Lake Louise Apartments for Rent

 

The cheapest available apartment rental in the Lake Louise area of Lakewood, WA is a 1 Bed unit found at Morningtree Park priced from $1,275. Stonegate Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,475. Here are the most affordable Lake Louise apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Morningtree Park1B 1B Small1BR,1BA$1,275
Stonegate Apartments1 Bedroom1BR,1BA$1,475
MOD 832 Bedroom2BR,1BA$1,699

Best Value Apartments for Rent in Lake Louise, WA

As of November 16, 2025 the best value apartment in the Lake Louise area is the $2.27 price per square foot Nottingham Model at Beaumont Grand Apartment Homes in the in the Lake City neighborhood starting from $2,270. The second greatest value Lake Louise apartment is the 2x1 Lilac Reno with W/D Model at Oak Terrace starting at $1,795 with a $1.84 price per square foot in the Lake City neighborhood. Here is today’s list of the best values for Lake Louise apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beaumont Grand Apartment HomesNottingham2BR,2BA$2.27
Oak Terrace2x1 Lilac Reno with W/D2BR,1BA$1.84
MOD 832 Bedroom2BR,1BA$1.93
Stonegate Apartments1 Bedroom1BR,1BA$2.17
Morningtree Park1B 1B Small1BR,1BA$2.66

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Louise, Lakewood, WA

Ranked #9

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Lakewood, WA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lake Louise Apartments

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

The cheapest apartment in Lake Louise is Morningtree Park which is listed at $1,275, while the average apartment in Lake Louise costs $3,995.

What types of apartments are the cheapest in Lake Louise?

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 2 regular apartments in Lake Louise 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 Louise?

Cheap apartments in Lake Louise have an average cost of $159 which is $3,836 cheaper than the average rent for all rentals in Lake Louise.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.