Cheap Apartments for Rent in the Lakeview Tacoma Neighborhood of Lakewood, WA from $800 (15 Rentals)

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

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LaDobe Apartments
1 to 2 Bedroom Apartments

LaDobe Apartments

4711-4801 121st St SWLakewood, WA 98499
  • Utilities Included
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Maple Court Apartments
1 to 2 Bedroom Apartments

Maple Court Apartments

4809 122nd St SWLakewood, WA 98499
  • 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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Village Square
1 to 2 Bedroom Apartments

Village Square

10810 Lakeview Ave SWLakewood, WA 98499
  • Utilities Included
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Twin Oaks
1 Bedroom Apartments

Twin Oaks

4801 115th Street Ct SWLakewood, WA 98499

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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10607 47th Ave SW
1 to 2 Bedroom Apartments

10607 47th Ave SW

10607 47th Ave SWLakewood, WA 98499
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Cascade Apartments
1 to 2 Bedroom Apartments

Cascade Apartments

4425 Pacific St SWLakewood, WA 98499

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.

Lakeview Tacoma, Lakewood, WA Local Guide

Cheapest Available Lakeview Tacoma Apartments for Rent

 

The cheapest available apartment rental in the Lakeview Tacoma area of Lakewood, WA is a Studio unit found at Lakeview South priced from $1,125. Bridgewood Estates Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here are the most affordable Lakeview Tacoma apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Lakeview SouthStudio BStudio,1BA$1,125
Bridgewood Estates Apartments1BR/1.0BA1BR,1BA$1,165
Lake Grove Apartments!The HemlockStudio,1BA$1,299
Rainier Terrace1x11BR,1BA$1,300
Kendrick Landing ApartmentsRainier1BR,1BA$1,321

Best Value Apartments for Rent in Lakeview Tacoma, WA

As of May 24, 2026 the best value apartment in the Lakeview Tacoma 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 Lakeview Tacoma apartment is the 11021 Addison St SW Model at 11021 Addison St SW starting at $1,475 with a $1.97 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Lakeview Tacoma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Town View Apartments2BR/1.5BA2BR,1.5BA$1.62
11021 Addison St SW11021 Addison St SW2BR,1BA$1.97
Kendrick Landing ApartmentsRainier1BR,1BA$2.01
Lakewood Meadows Senior Affordable ApartmentsB12BR,1BA$2.64
Bridgewood Estates Apartments1BR/1.0BA1BR,1BA$1.94
Hidden Lake Apartments1x1 Standard Renovated1BR,1BA$2.32
The Village at Seeley Lake11BR,1BA$2.50
WindRidge ApartmentsOne Bedroom Reg.1BR,1BA$2.31
Rainier Terrace1x11BR,1BA$2.45
Lakeview SouthStudio BStudio ,1BA$2.50

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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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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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 Lakewood. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendliness, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lakeview Tacoma Apartments

What is a cheap apartment in Lakeview Tacoma?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeview Tacoma is under $1,445.

What is the price of a cheap apartment in Lakeview Tacoma?

The cheapest apartment in Lakeview Tacoma is Bridgewood Estates Apartments which is listed at $1,165, while the average apartment in Lakeview Tacoma costs $2,448.

What types of apartments are the cheapest in Lakeview Tacoma?

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 17 regular apartments in Lakeview Tacoma 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 Lakeview Tacoma?

Cheap apartments in Lakeview Tacoma have an average cost of $1,134 which is $1,314 cheaper than the average rent for all rentals in Lakeview Tacoma.

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

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.

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.