The average monthly rent of apartments in Lakewood, WA is $1,576.
The average monthly rent of apartments in Lakewood, WA is $1,576.
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.
Compared to the national average rent of $1,706, the average rent in Lakewood, WA is $1,576.
Prices and availability in Lakewood, WA were last updated on 29 Nov 2022.
The average rent in Lakewood, WA is $1,576. Start your search for apartments in Lakewood, WA now.
The price range for a studio apartment in Lakewood, WA is between $1,529 and $2,235. View all studio apartments in Lakewood, WA.
The price range for a 1-bedroom apartment in Lakewood, WA is between $1,146 and $2,647. Browse all available 1-bedroom apartments in Lakewood, WA now.
The price range for a 2-bedroom apartment in Lakewood, WA is between $1,146 and $3,232. Browse and find a 2-bedroom apartment in Lakewood, WA.
The price range for a 3-bedroom apartment in Lakewood, WA is between $1,514 and $3,934. Browse all available 3-bedroom apartments in Lakewood, WA.
In Lakewood, 57% of the residents are renting compared to 43% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Lakewood’s rentals, 68% are small-scale complexes with under 50 units, and 20% are single-family rentals.
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.
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.
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.
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 has a population of 60,564 according to the most recent data from the U.S. Census Bureau. 30,616 of Lakewood’s residents are women and 29,948 are men. The median age of those who live in Lakewood, WA is 35.6.
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.
According to U.S. Census data, there are 24,821 households in Lakewood, WA. 14,844 are family households and 9,977 are non-family households. There are 6,675 households with children in Lakewood and 18,146 households without children. On average, about 2.39 people live in a household 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.
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.
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.
The level of education of the population of Lakewood, WA is as follows: 3% have no high school education, 36% completed some high school, 31% partially completed college, 11% have an Associate Degree, 12% have a Bachelor Degree, and 6% have a Graduate Degree.
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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 $851 and submit your rental application today!