Lakewood, CA Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lakewood is $2,439, a 0.86% increase compared to the previous year, when the average rent was $2,418.
One-bedroom apartments provide 691 square feet for $2,054, balancing privacy and affordability.
Two-beedroom units at $2,611 offer 957 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,108 sq ft) for $2,999, suitable for larger households.
Average rent in Lakewood, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,439 | 869 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,054 | 691 sq. ft. |
| 2 Beds | $2,611 | 957 sq. ft. |
| 3 Beds | $2,999 | 1,108 sq. ft. |
Lakewood, CA rent trends
Rental prices in Lakewood, CA have increased by 0.86% over the past year. The average rent moved from $2,418 to $2,439.
What's the typical rent budget in Lakewood, CA?
The largest share of rentals in Lakewood, CA (42%) fall between $2,001-$2,500 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.
Average Rent in Lakewood, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Lakewood Mutuals | $2,386 |
| Lakewood Park | $2,366 |
Lakewood | Rent Comparison by Neighborhood
Rent in Lakewood Mutuals is 1% higher than in Lakewood Park
Lakewood Mutuals rent is 2% lower than Lakewood average
Lakewood Park rent is 3% lower than Lakewood average
How Lakewood Compares to Other Cities
| City | Average Rent |
|---|---|
| Lakewood | $2,439 |
| Los Angeles | $2,742 |
| East Bay | $2,684 |
| San Diego | $2,969 |
| San Francisco | $3,792 |
| Oakland | $2,625 |
| Long Beach | $2,684 |
| Sacramento | $1,882 |
| San Jose | $3,170 |
| Alameda | $3,031 |
| Fresno | $1,618 |
| Anaheim | $2,470 |
| Inglewood, CA | $2,479 |
| Huntington Beach, CA | $2,824 |
| Fullerton, CA | $2,528 |
| Hawthorne, CA | $1,954 |
| Torrance, CA | $2,540 |
| Downey, CA | $2,261 |
| Buena Park, CA | $2,354 |
| Gardena, CA | $1,947 |
| Norwalk, CA | $2,353 |
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.