Lakewood, CA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lakewood is $2,413, a 2.66% increase compared to the previous year, when the average rent was $2,350.
Studio Apartments at $1,819 offer the most budget-friendly option with 436 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 691 square feet for $2,045, balancing privacy and affordability.
Two-beedroom units at $2,564 offer 957 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,108 sq ft) for $3,082, suitable for larger households.
Average rent in Lakewood, CA
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,413 | 869 sq. ft. |
| Studio | $1,819 | 436 sq. ft. |
| 1 Bed | $2,045 | 691 sq. ft. |
| 2 Beds | $2,564 | 957 sq. ft. |
| 3 Beds | $3,082 | 1,108 sq. ft. |
Lakewood, CA rent trends
Rental prices in Lakewood, CA have increased by 2.66% over the past year. The average rent moved from $2,350 to $2,413.
What's the typical rent budget in Lakewood, CA?
The largest share of rentals in Lakewood, CA (37%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lakewood, CA?
7,306 or 28% of the households in Lakewood, CA are renter-occupied while 18,812 or 72% are owner-occupied.
Most affordable neighborhoods in Lakewood?
Hawaiian Gardens $2,083/month
Lakewood Mutuals $2,283/month
Lakewood Park $2,367/month
All of these neighborhoods fall below the city wide average of $2,413/month.Average Rent in Lakewood, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Palms Park | $2,655 |
| Lakewood Park | $2,367 |
| Lakewood Mutuals | $2,283 |
| Hawaiian Gardens | $2,083 |
/
Lakewood | Rent Comparison by Neighborhood
Rent in Hawaiian Gardens is 9% lower than in Lakewood Mutuals
$2,083
Hawaiian Gardens rent is 14% lower than Lakewood average
Average Rent
$2,083
$2,283
Lakewood Mutuals rent is 5% lower than Lakewood average
Average Rent
$2,283
How Lakewood Compares to Other Cities
| City | Average Rent |
|---|---|
| Lakewood | $2,413 |
| Los Angeles | $2,762 |
| East Bay | $2,685 |
| San Francisco | $3,545 |
| San Diego | $2,959 |
| Oakland | $2,651 |
| Sacramento | $1,921 |
| Long Beach | $2,665 |
| San Jose | $3,170 |
| Tulare | $1,576 |
| Vallejo | $2,121 |
| Anaheim | $2,486 |
| Inglewood | $2,561 |
| Hawthorne, CA | $1,967 |
| Huntington Beach, CA | $2,792 |
| Torrance, CA | $2,490 |
| Fullerton, CA | $2,527 |
| Downey, CA | $2,252 |
| Buena Park, CA | $2,390 |
| Redondo Beach, CA | $3,091 |
| Gardena, CA | $1,767 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lakewood apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.