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Rental Market Trends

Lakewood, CA

As of July 2025, Lakewood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lakewood's average rent is 6.1% ($154) lower than the California average of $2,521 and 33.4% ($592) higher than the U.S. average of $1,775.

Average Rent

$2,367

Monthly ChangeMonth Over Month Change

1.6% ($39)

Yearly ChangeYear Over Year Change

6.3% ($159)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,937	0.3% ($6)	5.5% ($113)
2 Beds	$2,579	0.5% ($14)	2% ($50)
3 Beds	$3,295	3% ($95)	3.5% ($119)

Nearby Cities	Average Rent	Avg. Rent vs. LakewoodAverage Rent vs. Lakewood	Avg. Days on MarketAverage Days on Market
Bellflower	$2,315	2.2% ($52)	29 days
Artesia	$2,530	6.9% ($163)	34 days
Hawaiian Gardens	$2,577	8.9% ($210)	34 days
Cerritos	$3,612	52.6% ($1245)	33 days
Signal Hill	$2,374	0.3% ($7)	34 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Lakewood Rental Market FAQs

Explore rental prices, market trends, and availability in Lakewood, CA.

What is the average rent in Lakewood, CA?

The average rent in Lakewood, CA is $2,367 per month.

What is the rental price range for houses in Lakewood, CA?

Houses in Lakewood typically rent for between $1,356 and $4,284 per month, with an average of $2,367 per month.

What is the average rent for different bedroom sizes in Lakewood, CA?

In Lakewood, the average rent for a 1-bedroom house is $1,937 per month, for a 2-bedroom house, $2,579 per month, and a 3-bedroom house is $3,295 per month.

How do rent prices in Lakewood, CA compare with the national average?

The average rent in Lakewood is 33.4% ($592) higher than the national average of $1,775 per month.

How have rent prices in Lakewood, CA changed recently?

The average rent in Lakewood has decreased by 1.6% ($39) in the last month and decreased by 6.3% ($159) over the past year.

How competitive is the rental market in Lakewood, CA?

The rental market in Lakewood, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Lakewood, CA?

In Lakewood, CA, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Lakewood, CA?

There are currently 14 rental properties available in Lakewood, CA.

Can I afford to rent a house in Lakewood, CA?

Based on the current averages, a household would need an annual income of $103,160 to comfortably afford a 2-bedroom house in Lakewood.