100 Best Apartments in Lakewood, WA (with reviews)

Popular searches Average rent Renters guide Demographics

Rent prices in cities near Lakewood, WA

View All Washington Cities

Rent prices in Lakewood, WA's popular neighborhoods

View All Lakewood Neighborhoods

Nearby cities

View All Washington Cities

Average rent in Lakewood, WA

$1,576/mo Lakewood, WA average rental price, March 2023

The average monthly rent of apartments in Lakewood, WA is $1,576.

Lakewood, WA apartment rent ranges

About 41% of apartment rents in Lakewood, WA range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 16% of apartments. Around 39% of Lakewood’s apartments are in the $1,001-$1,500 price range. 4% of apartments are priced between $701-$1,000.

Lakewood, WA rent trends

Check out the average rent prices in Lakewood by neighborhood.

Compared to the national average rent of $1,727, the average rent in Lakewood, WA is $1,576.

Getting around in Lakewood, WA

26 /100

Car-Dependent

32 /100

Somewhat Bikeable

Walk Score®: 26, Bike Score®: 32

Frequently asked questions

When were prices and availability in Lakewood, WA last updated?

Prices and availability in Lakewood, WA were last updated on 21 Mar 2023.

What are the best apartments in Lakewood, WA?

The best apartments in Lakewood, WA are: The Village at Seeley Lake, Wellstone at Bridgeport, Alpine Apartments, Merrill Creek and Echelon.

What is the average rent in Lakewood, WA?

The average rent in Lakewood, WA is $1,576. Start your search for apartments in Lakewood, WA now.

What is the price range for a studio apartment in Lakewood, WA?

The price range for a studio apartment in Lakewood, WA is between $1,295 and $2,285. View all studio apartments in Lakewood, WA.

What is the price range for a 1-bedroom apartment in Lakewood, WA?

The price range for a 1-bedroom apartment in Lakewood, WA is between $1,270 and $3,406. Browse all available 1-bedroom apartments in Lakewood, WA now.

What is the price range for a 2-bedroom apartment in Lakewood, WA?

The price range for a 2-bedroom apartment in Lakewood, WA is between $1,295 and $3,250. Browse and find a 2-bedroom apartment in Lakewood, WA.

What is the price range for a 3-bedroom apartment in Lakewood, WA?

The price range for a 3-bedroom apartment in Lakewood, WA is between $1,375 and $3,663. Browse all available 3-bedroom apartments in Lakewood, WA.

What type of rental buildings are in Lakewood, WA?

In Lakewood 56% of the housing is rented out compared to 44% of homes are owned, according to the most recent Census Bureau estimates. 8% of Lakewood’s apartments are found in large buildings of 50 units or more, 71% are located in smaller apartment complexes with less than 50 units, and 18% are single-family rentals.

What do typical apartment communities look like in Lakewood, WA?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Lakewood are about 40 years old, on average. Of these, 12% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About 63% of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Lakewood, WA?

Studio apartments in Lakewood are around 1.0% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 48% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Renter's guide to Lakewood, WA

Lakewood, Washington is a relatively new (est. 1996) city that is the second largest in Pierce County and the 18th largest in the state. Known primarily for its lakes and outdoor recreation, Lakewood is just 11 miles from Tacoma, 41 miles from Seattle, and 21.5 miles from Olympia. It’s regularly named one of the best cities for young people (median age is 36.6 years).

Lakewood weather is similar to many cities in the Pacific Northwest, with lots of rain. Lakewood averages 39 inches of rain per year (Slightly more than the U.S. average of 37 inches) and it has about 146 days of precipitation. The average temperature in July is 76°F and the low in January is 37°F.

Tips for renting in Lakewood, WA

Lakewood tenants have the Community Safety Resource Team (CSRT) looking after them which has its own hotline. There is also the Landlord Liaison Project which helps those who are homeless or have a spotty record find housing. Rent control is illegal in Washington state and a landlord may raise the rent any amount as long as they give 30 days’ notice.

If you are looking to rent a house or apartment in Lakewood, it’s always a good idea to put your best foot forward. Arrive on time to any appointment, be professionally dressed, and have the rental agreement filled out beforehand, if possible. There are plenty of great affordable places to rent here, especially for young people who want to be near (but can’t afford) Seattle. And, of course, the best place to look for them is right here on RentCafe.com!

Lakewood, WA demographics

62,972Total Population
31,899 Female

31,073 Male
35.7Median Age

Lakewood, WA has a population of 62,972 according to the most recent data from the U.S. Census Bureau. 31,899 of Lakewood’s residents are women and 31,073 are men. The median age of those who live in Lakewood, WA is 35.7.

Living in Lakewood, WA

If you love the outdoors and lush greenery, Lakewood has a lot going for it as there are a lot of trees, open space and recreational opportunities in the area. There is also a wide variety of places to eat, shop, or find something entertaining to do. The downsides to Lakewood is the urban sprawl; there is no real downtown area and there are quite a few bad or seedy areas with high crime. If you are from the Northwest, you already know about the rainy/gloomy weather for much of the year.

Lakewood is predominantly white (almost 54%) with about 17% Hispanic and 10% black. There is also a strong Vietnamese and Korean community.

Lakewood, WA households

15,300 Family

10,023 Non-family
6,960 Children

18,363 No Children

25,323Total Number of Households
2.44Average People Per Household
$60,534Median Household Income

According to U.S. Census data, there are 25,323 households in Lakewood, WA. 15,300 are family households and 10,023 are non-family households. There are 6,960 households with children in Lakewood and 18,363 households without children. On average, about 2.44 people live in a household in Lakewood, WA.

Things to do in Lakewood, WA

As the name implies, Lakewood has both lakes and woods. There are five lakes that provide fishing, rowing, and water skiing opportunities, and 11 parks that have a total of over 540 acres. At many of them there is hiking, swimming and children’s playgrounds along with rentable covered shelters for 25-100 people. This includes the popular Fort Steilecoom Park, the largest one, which also has 2 off-leash areas for dogs.

For those that feel the need for speed, Grand Prix Raceway is one of the fastest indoor kart racing tracks in the nation. It’s fast and furious fun for anyone over 18 (although minors over 5 feet tall can drive with a signed waiver from their parents). Of course, for the more mellow date nights, AMC Lakewood is a popular first-run movie theater with 12 screens and arena-style seating.

Popular annual events in Lakewood include Truck & Tractor Day (October), Christmas Tree Lighting Ceremony (December), and SummerFest (July), featuring food, music, movies, and other live events. This area of the Pacific Northwest is known for its wide array of cultural diversions, with Seattle being considered #1 in the entire U.S.

Lakewood, WA employment & economy

There is a higher level of unemployment in Lakewood as compared to the rest of the state and about 20% of its residents live in poverty. The major employer is the military as there are a number of bases in the area. There are no major corporations residing within the boundaries of Lakewood. The most common jobs here are in sales, office, or administration work.

Education in Lakewood, WA

There are a few community colleges in the area including Clover Park Technical College and Pierce College, which receive average marks for educational facilities. Lakewood could be considered a suburb of Seattle, so many fine schools including University of Washington and Washington State University are within commuting distance.

Lakewood, WA education statistics

The level of education of the population of Lakewood, WA is as follows: 3% have no high school education, 35% completed some high school, 32% partially completed college, 11% have an Associate Degree, 13% have a Bachelor Degree, and 6% have a Graduate Degree.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Lakewood, WA. Easily search through a wide selection of apartments for rent in Lakewood, WA, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Lakewood, WA apartments with rents starting from $1,270 and submit your rental application today!

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

Apartments for Rent in Lakewood, WA 66 Rentals Available

Popular searches by size

Popular searches by amenities

Popular searches by price