Lakewood, CA Rental Market Trends
What is the average rent in Lakewood?
The average rent for an apartment in Lakewood is $2,057. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Lakewood, CA
| Average Rent | Average Apartment Size |
|---|---|
| $2,057 | 872 sq. ft. |
What is the average apartment size in Lakewood?
The average size for a Lakewood, CA apartment is 872 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lakewood, CA Apartment Rent Ranges
Lakewood, CA Occupied Housing Units
6,033 or 23% of the households in Lakewood, CA are renter-occupied while 19,723 or 76% are owner-occupied.
Lakewood, CA Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Jan / 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Lakewood, CA | $1,785 | $1,825 | $1,837 | $1,886 | $1,884 | $1,900 | $1,914 | $1,967 | $2,057 |
| National | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
Average Rent in Lakewood, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Palms Park | $2,165 |
| Lakewood Manor & Estates | $2,130 |
| Lakewood Park | $2,112 |
| Mayfair | $2,060 |
| Lakewood Country Club | $2,048 |
| Lakewood Mutuals | $2,048 |
| Hawaiian Gardens | $1,512 |
What are the most affordable neighborhoods in Lakewood?
The most affordable neighborhoods in Lakewood are Hawaiian Gardens, where the average rent goes for $1,512/month, Lakewood Country Club, where renters pay $2,048/mo on average, and Lakewood Mutuals, where the average rent goes for $2,048/mo. If you’re looking for other great deals, check out the listings from Mayfair ($2,060), Lakewood Park ($2,112), and Lakewood Manor & Estates ($2,130), where the asking prices are below the average Lakewood rent of $2,057/mo.
What are the most expensive neighborhoods in Lakewood?
The most expensive neighborhoods in Lakewood are Lakewood Park ($2,112), Lakewood Manor & Estates ($2,130) and Palms Park ($2,165).
What are the most popular neighborhoods in Lakewood?
The most popular neighborhood in Lakewood is Hawaiian Gardens, where there are 0 verified RENTCafé listings with an average rent of $1,512. Next up is Lakewood Country Club, where apartments go for $2,048/month, followed by Lakewood Manor & Estates with $2,130 If you’re looking to rent in Lakewood’s most popular neighborhoods, make sure to also check out Lakewood Mutuals, where renters pay $2,048 on average, and Lakewood Park, where the average monthly rent is $2,112.
Lakewood | Rent Comparison by Neighborhood
Rent in Hawaiian Gardens is 26% lower than in Lakewood Country Club
Hawaiian Gardens rent is 26% lower than Lakewood average
| Average Rent | $1,512 |
|---|
Lakewood Country Club rent is 1% lower than Lakewood average
| Average Rent | $2,048 |
|---|
How Lakewood Compares to Other Cities
| City | Average Rent |
|---|---|
| Los Angeles | $2,563 |
| San Francisco | $3,244 |
| East Bay | $2,440 |
| San Diego | $2,610 |
| Long Beach | $2,444 |
| Santa Monica | $3,740 |
| Anaheim | $2,089 |
| West Hollywood | $3,260 |
| Riverside | $1,988 |
| Glendale | $2,771 |
| Lakewood | $2,057 |