Cheap Apartments for Rent in the North Lakewood Neighborhood of Lakewood, WA from $600 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Lakewood 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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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
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Forest Village
1 to 3 Bedroom Apartments

Forest Village

8300 Phillips Rd SWLakewood, WA 98498
  • Utilities Included

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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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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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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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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Oak Trace Apartments
1 to 4 Bedroom Apartments

Oak Trace Apartments

7419 S Verde StTacoma, WA 98409
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Manitou Park
1 to 2 Bedroom Apartments

Manitou Park

4215 S 66th StTacoma, WA 98409
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Fairway View
1 to 2 Bedroom Apartments

Fairway View

6611 Lakewood Dr WUniversity Place, WA 98467
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Park West
Studio to 2 Bedroom Apartments

Park West

6407-6425 53rd Ave WUniversity Place, WA 98467

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Harbor Oaks
1 to 3 Bedroom Apartments

Harbor Oaks

97 Byrd DrSteilacoom, WA 98388
Showing Results 1-41, Page 1 of 1

North Lakewood, Lakewood, WA Local Guide

Cheapest Available North Lakewood Apartments for Rent

 

The cheapest available apartment rental in the North Lakewood area of Lakewood, WA is a 1 Bed unit found at Sundance Apartments priced from $1,225. Morningtree Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable North Lakewood apartments for rent in Lakewood, WA:

Apartment ListingModel NameBed/BathPriced From
Sundance ApartmentsOne Bedroom1BR,1BA$1,225
Morningtree Park1B 1B Small1BR,1BA$1,275
Swan Grove ApartmentsThe BlakelyStudio,1BA$1,282
Heron HeightsHeron Heights - 8933...1BR,1BA$1,445
Oak Terrace1x1 Aspen Reno No W/D1BR,1BA$1,495
The MeadowlarkThe Meadowlark - 7721...1BR,1BA$1,505
EchelonStudioStudio,1BA$1,575
MOD 831 Bedroom1BR,1BA$1,579
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1,765
Harbor Oaks2 Beds 1 Bath2BR,1BA$1,799

Best Value Apartments for Rent in North Lakewood, WA

As of May 02, 2026 the best value apartment in the North Lakewood area is the $1.91 price per square foot The Aspen Model at Timbre Apartments in the in the Lake City neighborhood starting from $1,999. The second greatest value North Lakewood apartment is the 2 Bedroom 1 Bath Model at Stonegate Apartments starting at $1,765 with a $1.77 price per square foot in the South Tacoma neighborhood. Here is today’s list of the best values for North Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Timbre ApartmentsThe Aspen2BR,2BA$1.91
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.77
Harbor Oaks2 Beds 1 Bath2BR,1BA$1.94
MOD 832 Bedroom2BR,1BA$2.08
Copperstone Luxury Apartments and Townhomes2/22BR,2BA$2.53
Beaumont Grand Apartment HomesSaxony1BR,1BA$2.35
Oak Terrace1x1 Aspen Reno No W/D1BR,1BA$2.20
Sundance ApartmentsOne Bedroom1BR,1BA$2.04
The MeadowlarkThe Meadowlark - 5402...1BR,1BA$2.81
Morningtree Park1B 1B Small1BR,1BA$2.66

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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
North Lakewood, Lakewood, WA

Ranked #3

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
North Lakewood, Lakewood, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Lakewood, WA. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap North Lakewood Apartments

What is a cheap apartment in North Lakewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Lakewood is under $1,799.

What is the price of a cheap apartment in North Lakewood?

The cheapest apartment in North Lakewood is Sundance Apartments which is listed at $1,225, while the average apartment in North Lakewood costs $2,327.

What types of apartments are the cheapest in North Lakewood?

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 4 regular apartments in North Lakewood 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 North Lakewood?

Cheap apartments in North Lakewood have an average cost of $125 which is $2,202 cheaper than the average rent for all rentals in North Lakewood.

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.