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Cheap Apartments for Rent in the South Lakes Neighborhood of Lakewood, WA from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lakes area of Lakewood.
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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 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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South Lakes, Lakewood, WA Local Guide
Sunrise over Mt. Rainier in Lakewood by Razvan Orendovici is licensed under CC BY 2.0
How much does it cost to rent an apartment in South Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lakes Studio Apartments | $1,282 | $1,282 | $1,282 |
| South Lakes 1 Bedroom Apartments | $1,349 | $995 | $1,700 |
| South Lakes 2 Bedroom Apartments | $1,662 | $1,200 | $2,295 |
| South Lakes 3 Bedroom Apartments | $2,200 | $2,100 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the South Lakes Neighborhood of Lakewood, WA.
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South Lakes, Lakewood, WA Local Guide
- Nearby Lakewood neighborhoods
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Cheapest Available South Lakes Apartments for Rent
The cheapest available apartment rental in the South Lakes area of Lakewood, WA is a 1 Bed unit found at Western Terrace priced from $995. The Crossings Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable South Lakes apartments for rent in Lakewood, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Western Terrace | One Bedroom One Bath | 1BR,1BA | $995 |
| The Crossings Apartments | 1 | 1BR,1BA | $1,125 |
| McChord Tudor Haus | 2BR/1.0BA | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in South Lakes, WA
As of June 19, 2025 the best value apartment in the South Lakes area is the $1.50 price per square foot 15422 Rose Rd SW Model at 15422 Rose Rd SW, Unit A in the in the North Fort Lewis neighborhood starting from $1,800. The second greatest value South Lakes apartment is the 2BR/1.0BA Model at Murray Road Apartments starting at $1,600 with a $1.88 price per square foot in the North Fort Lewis neighborhood. Here is today’s list of the best values for South Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15422 Rose Rd SW, Unit A | 15422 Rose Rd SW | 2BR,1BA | $1.50 |
| Murray Road Apartments | 2BR/1.0BA | 2BR,1BA | $1.88 |
| Chandelle Apartments | Renovated 2 bedroom! Move In Special! | 2BR,1BA | $1.79 |
| Edgewood Apartments | 1 bd, 1 ba | 1BR,1BA | $2.21 |
| McChord Tudor Haus | 2BR/1.0BA | 2BR,1BA | $1.88 |
| The Crossings Apartments | 1 | 1BR,1BA | $2.16 |
| Western Terrace | One Bedroom One Bath | 1BR,1BA | $2.37 |
| Swan Grove Apartments | The Blakely | Studio ,1BA | $3.73 |
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Pet Friendly LifestyleSouth Lakes, Lakewood, WA
Ranked #15
Among neighborhoods in Lakewood, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the South Lakes Neighborhood in Lakewood, WA
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap South Lakes Apartments
What is the Cheapest Studio apartment in South Lakes?
Currently the most affordable Cheap Studio Apartment in South Lakes is at Swan Grove Apartments listed at $1,282.
How much is rent for a Cheap One Bedroom South Lakes Apartment?
The lowest price for a Cheap One Bedroom South Lakes Apartment is $995 at Western Terrace.
What is the lowest price for a Cheap Two Bedroom South Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Lakes is starting from $1,200 at Western Terrace.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.