
Cheap Apartments for Rent in the Lakeview Neighborhood of Lakewood, WA from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakeview area of Lakewood.


Total Monthly Price
Bridgewood Estates

Hidden Lake Apartments

Kendrick Landing Apartments

Total Monthly Price
Swan Grove Apartments

4428 111th St SW
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Lake Grove Apartments!

Brickyard Apartments

Village Square

Freiday Street Apartments

10607 Kendrick St SW

4815-4901 115th Street Ct SW
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Twin Oaks

10506 Bridgeport Way SW

Cascade Apartments

10607 47th Ave SW

SOUTHGATE

Waverly Manor Apartments
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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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Lakeview South

Rainier Terrace
Lakeview, Lakewood, WA Local Guide

How much does it cost to rent an apartment in Lakeview?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeview Studio Apartments | $1,330 | $1,125 | $1,650 |
| Lakeview 1 Bedroom Apartments | $1,372 | $1,095 | $1,750 |
| Lakeview 2 Bedroom Apartments | $1,744 | $1,295 | $2,230 |
| Lakeview 3 Bedroom Apartments | $1,966 | $1,757 | $2,545 |
| Lakeview 4 Bedroom Apartments | $2,317 | $2,317 | $2,317 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Lakeview Neighborhood of Lakewood, WA.
See all Apartments in LakewoodExplore Lakewood
Lakeview, Lakewood, WA Local Guide
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Cheapest Available Lakeview Apartments for Rent
 The cheapest available apartment rental in the Lakeview area of Lakewood, WA is a 1 Bed unit found at Freiday Street Apartments priced from $1,065. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Lakeview apartments for rent in Lakewood, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Freiday Street Apartments | 1BR/1.0BA | 1BR,1BA | $1,065 |
| Bridgewood Estates | 1BR/1.0BA | 1BR,1BA | $1,125 |
| Swan Grove Apartments | The Blakely | Studio,1BA | $1,282 |
| Rainier Terrace | 1x1 | 1BR,1BA | $1,300 |
| WindRidge Apartments | One Bedroom Reg. | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Lakeview, WA
As of March 31, 2026 the best value apartment in the Lakeview area is the $1.91 price per square foot 2x2.5 Model at Rainier Terrace Townhomes in the in the Lakeview neighborhood starting from $2,200. The second greatest value Lakeview apartment is the 2x1 Model at Hidden Lake Apartments starting at $1,577 with a $1.67 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Lakeview apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rainier Terrace Townhomes | 2x2.5 | 2BR,2.5BA | $1.91 |
| Hidden Lake Apartments | 2x1 | 2BR,1BA | $1.67 |
| Lexington Apartments | 1x1 | 1BR,1BA | $2.29 |
| Lakewood Meadows Senior Affordable Apartments | B2 | 2BR,1BA | $2.34 |
| Bridgewood Estates | 1BR/1.0BA | 1BR,1BA | $1.88 |
| The Village at Seeley Lake | 1 | 1BR,1BA | $2.46 |
| WindRidge Apartments | One Bedroom Reg. | 1BR,1BA | $2.31 |
| Rainier Terrace | 1x1 | 1BR,1BA | $2.45 |
| Freiday Street Apartments | 1BR/1.0BA | 1BR,1BA | $2.05 |
| Echelon | Studio | Studio ,1BA | $3.16 |
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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Washington, including Lakewood. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lakeview Apartments
What is the price of a cheap apartment in Lakeview?
The cheapest apartment in Lakeview is Freiday Street Apartments which is listed at $1,065, while the average apartment in Lakeview costs $2,317.
What types of apartments are the cheapest in Lakeview?
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 Lakeview 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?
Cheap apartments in Lakeview have an average cost of $1,092 which is $1,225 cheaper than the average rent for all rentals in Lakeview.
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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.