The Spinnaker

Apartment
1 bed
1 bath
560 sqft

About 5925 99th St SW

Offered By: Spinnaker Property Management. Move In Special $500 off ONE Months RENT.

Description: Welcome to your next home in the heart of Lakewood, WA. This charming one-bedroom, one-bathroom apartment offers a comfortable and convenient lifestyle in an updated space designed to meet your everyday needs. Step out onto your private patio and enjoy the fresh air as you unwind after a long day. We know pets are family, which is why our community is proudly pet-friendly.

Located just 15 minutes from Joint Base Lewis-McChord, Commuting is simple with a bus route nearby and quick access to major freeways, giving you the flexibility to explore the surrounding area with ease. You'll also love being close to Lakewood Towne Center, where shopping, dining, and entertainment are just minutes away.

Rental Terms: Rent: $1,097. Security Deposit: $1,097. Water/Sewer/Garbage Fee: $140. Non-Refundable Admin Fee $425.

Tenant pays for all utilities ask agent for breakdown and must have renters' insurance. Application fee is $60 for each adult over the age of 18. Mandatory monthly $21 On-line portal fee will be assessed. Our pet policy allows for 1 pet. Pet fees apply.

Once an application is approved and the holding fee is paid, we will take the home off the market and continue move in process.

Amenities: Oven/Range, on Bus Route, Quiet Enjoyment, 15 Minutes To JBLM, Minutes to Major Freeways, Mircowave & Accepts Large Dogs.
48 days on RentalSource
RentalSource last checked: 6 hours ago · Listing updated: October 29, 2026
Managed by: Spinnaker Property Management · (253) 590-4598
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $1,097
Bedrooms: 1 bed
Bathrooms: 1 bath
Size: 560 sqft
Pets: Inquire
Laundry: Inquire
Parking: Inquire
Available: Now
ID: 84385747

Amenities

  • Balcony/Patio
  • Refrigerator
  • Smoke-Free

Leasing Information

Fees
  • Deposit $1,097 (mandatory, refundable, move-in).
  • Administration fee $425 (mandatory, nonrefundable, move-in).

Additional Details

This 1-bedroom, 1-bathroom apartment at The Spinnaker, 5925 99th St SW, in Lakewood, WA 98499 rents for $1,097 a month. It has 560 square feet. The Spinnaker was advertised by Spinnaker Property Management on September 15, 2026.

How the Rent Compares

At $1,097 a month, this apartment is below the typical rent for 1-bedroom apartments and condos in Lakewood (about $1,300).

From 34 one-bedroom apartments and condos listed in Lakewood on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,300Typical rent for 1-bedroom apartments and condos in Lakewood
$1,160–$1,460Middle half of their rents
36 daysAverage time they have been listed

See 1+ bedroom rentals in Lakewood

Rent History

The rent has changed 3 times since it was listed on September 15, from $1,197 to $1,097. This home was last listed for rent on RentalSource from May to September 2026, starting at $1,367 and ending at $1,247. Today's rent is $150 lower.

Rent history for this home, newest first
DateEventRentChange
October 29, 2026 Price change $1,097−8.4% −8.4%
October 9, 2026 Price change $1,197+9.1% +9.1%
October 8, 2026 Price change $1,097−8.4% −8.4%
September 15, 2026 Listed for rent $1,197−4.0% −4.0%
September 11, 2026 Listing removed $1,247+13.7% +13.7%
July 30, 2026 Price change $1,097−8.4% −8.4%
July 2, 2026 Price change $1,197−7.7% −7.7%
June 1, 2026 Price change $1,011−26.0% −26.0%
May 4, 2026 Listed for rent $1,367+21.3% +21.3%
October 29, 2025 Listing removed $1,127
May 17, 2025 Listing removed $1,127
April 30, 2025 Listed for rent $1,127
March 14, 2025 Listing removed $1,127
July 20, 2024 Listing removed $1,197
June 29, 2024 Listed for rent $1,197+17.2% +17.2%
January 20, 2024 Listing removed $1,021

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 5925 99th St SW?
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$43,880 /year
With your chosen rent-to-income ratio, an annual income of $43,880 is recommended to comfortably afford this 1-bedroom rental priced at $1,097 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$1,097
Rent reduced $100 on October 29
Deposit $1,097 · Administration fee $425 · All fees
Can I afford this home?
Interested in 5925 99th St SW?
Find out more about this property & see if it's available now.
Property managed by:
(253) 590-4598 · View all 15 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
The Spinnaker, Lakewood, WA 98499
Apartment for rent
$1,097
Rent reduced $100 on October 29
Deposit $1,097 · Administration fee $425 · All fees
Can I afford this home?
Interested in 5925 99th St SW?
Find out more about this property & see if it's available now.
Property managed by:
(253) 590-4598 · View all 15 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
$1,097
Apartment for rent
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