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Homes & Apartments for Rent in 98499

1-20 of 48 rentals

Apartment for rent at 8920 Gravelly Lake Dr SW, Lakewood, WA 98499

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Managed by Swan Grove Apartments

$1,399 - $2,399

Apartment1-3 Beds1-2 Baths344-1,032 ft²

8920 Gravelly Lake Dr SW

Lakewood, WA 98499

Thanks for checking out Swan Grove Apartments, where modern living meets unmatched convenience in the heart of Lakewood, WA. We are a locally owned and professionally managed newly constructed community. Nestled in a vibrant neighborhood just moments from the Lakewood Towne Center, local parks and a variety of shopping and dining hotspots, Swan Grove offers a prime location with everything you need right at your doorstep. Choose from our stylish studio, 1, 2 or 3-bedroom apartment homes, each designed with thoughtful touches like custom cabinetry, sleek quartz countertops, instant tankless hot water and expansive 9-foot ceilings.

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Managed by Starboard Real Estate

$1,550

Apartment2 Beds1 Bath740 ft²

4828 123rd St SW

Lakewood, WA 98499

At James Apartment Homes, life moves at a comfortable pace. Nestled in a quiet, park-like setting in Lakewood, our one-, two- and three-bedroom apartments offer more than just space-they offer a place to truly feel at home. With thoughtfully updated interiors, plenty of natural light and peaceful surroundings, every day here feels a little easier and a little brighter. Our pet-friendly community welcomes all breeds and sizes and includes a dedicated dog park where your pets can run and play.

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Managed by Guide Property Management

$1,050 - $1,225

Apartment1-2 Beds1 Bath500-695 ft²

8810 John Dower Rd SW

Lakewood, WA 98499

Sparkling renovated 1 and 2 bedrooms at The Woods. New cabinets, counters and future BBQ/green space. The Woods- stylishly renovated units in a tucked away community. The Woods is ideally located - blocks away from Steilacoom Lake and 10 minute drive to everything the Puget Sound waterfront has to offer, 5 minutes for I-5 access. The Woods gives you easy access to local cuisine, Tacoma nightlife, Sunday Markets, waterfront parks, coffee shops and breweries. Off Street Parking, Pet Friendly, Common area washer/dryer, Outdoor Common Area, Free Parking, Offstreet, Dishwasher, Common Area Laundry & Renovated Unit. Pet Friendly.

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Managed by Lake Grove Apartments

$1,599 - $1,825

Apartment1-2 Beds1 Bath725-794 ft²

6102 Lake Grove St SW

Lakewood, WA 98499

Welcome to Lake Grove Apartments. Our spacious units feature stainless steel appliances, walk-in closets and full-size washer and dryer for your convenience. Enjoy the stunning views from your private patio or balcony, perfect for relaxing after a long day. With electric vehicle charging stations, bike storage and a picnic area, our community offers everything you need for a comfortable lifestyle. Rest easy knowing our 24-hour emergency maintenance team is always available to assist you. Come experience the best of apartment living in Lakewood.

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Managed by Lakewood Station

$1,350

Apartment1 Bed1 Bath344 ft²

11419 Kendrick St SW

Lakewood, WA 98499

Thanks for checking out Lakewood Station Apartments. We are a locally owned and professionally managed community in Lakewood, WA. Lakewood Station is conveniently located near St. Clare Hospital and the Lakewood Sounder Station, with easy access to I-5, shopping centers, restaurants and Jblm. We have studios, 1-, 2- and 3-bedroom apartment homes. Our units are a great value featuring custom cabinetry, quartz countertops, full size washers and dryers, stainless steel appliances and spacious floor plans. Full Size Washer & Dryer, Online Payments Available, Quartz Countertops, Custom Cabinetry, Online Maintenance Requests & 24/7 Emergency Maintenance. Pet Friendly.

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Updated - 2 days ago

Managed by Dimension Townhouses

$995

Apartment1 Bed1 Bath600 ft²

4910 108th St SW

Lakewood, WA 98499

Hablamos Espanol. Located in Lakewood, Wa, our apartments offer convenience and comfort at an unbeatable price. With laundry facilities on-site, you can say goodbye to the hassle of finding a laundromat. Enjoy the ease and convenience of doing laundry without leaving the comfort of your home and savor the joy of cooking on a gas stove. Experience the benefits of affordable living in Lakewood, where convenience and comfort meet. Virtually Staged Unit - Please see unit page for photos of actual unit. About The Area. Mcchord Field Base only 4 miles away.

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Managed by Lakeview South Apartments

$1,125 - $1,399

Apartment1-2 Beds1 Bath450-750 ft²

10214 Lakeview Ave SW

Lakewood, WA 98499

Thanks for checking out Lakeview South Apartments. We are a locally owned and professionally managed community in Lakewood, WA. Lakeview South is conveniently located with quick access to Joint Base Lewis-McChord, Clover Park Technical College, the Lakewood Towne Center and a multitude of shopping and dining options. We have studios, 1 and 2-bedroom apartment homes. Our apartment homes are a great value, featuring spacious floor plans, patio or balcony with additional storage space, on-site laundry facility and large courtyard with community Bbq.

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Managed by Parkwood Property Management

$1,295

Apartment1 Bed1 Bath500 ft²

10621 47th Ave SW

Lakewood, WA 98499

Close to buslines, St Clare Hospital, I5 north & south. Enjoy a cozy, carpeted living room. Eat in kitchen with gas range and a door to the community back yard. The bedroom accommodates a queen sized bed. A storage room, approximately 3x5, is also a part of this rental. Coin-operable laundry facilities are available on-site. Full Monthly Payment: $1,295, includes water/sewer/garbage/electric/gas. Resident pays phone, cable, internet - directly to providers. Deposit: $500 + $250 carpet cleaning fee. Application Fee: $50, per adult. Lease Term: 12 Months. Pet Policy: Will accept Cat with a $250 pet fee.

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Updated - 3 days ago

Managed by Southgate Apartments

$1,099

Apartment1 Bed1 Bath600 ft²

3918 S 108th St

Lakewood, WA 98499

Welcome to Southgate Apartments, presented by Southgate Apartments. We have several units available for lease. For more information and to schedule a showing, please contact us. Stove And Fridge. Pet Friendly.

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Managed by Pacific Ridge Apartments

$1,225

Apartment1 Bed1 Bath600 ft²

13020 Lincoln Ave SW

Lakewood, WA 98499

Welcome to Pacific Ridge Apartments, presented by Pacific Ridge Apartments. We have several units available for lease. For more information and to schedule a showing, please contact us.

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Managed by Spinnaker Property Management

$1,197

Apartment2 Beds1 Bath795 ft²

5123 Seattle Ave SW

Lakewood, WA 98499

10 Units, 2 shops, 10 assigned parking slips, 3 guest slips, mail box cluster in the parking lot. Refrigerator, Stove, Oven, Laundry Room on Site, Close To Jblm, Close to I-5, Assigned Parking, Ground Floor Unit & None. Pet Friendly.

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Managed by Cherry Tree Apartments

$1,295

Apartment1 Bed1 Bath672 ft²

3422 86th St S

Lakewood, WA 98499

Thanks for checking out Cherry Tree Apartments. We are a locally owned and professionally managed. Community in Lakewood, WA. Cherry Tree is conveniently located across the street from a multitude of shopping and dining options. We have 1 and 2-bedroom apartment. Homes. Our apartment homes are a great value, featuring spacious floor plans, on-site laundry facility and. A newly renovated BBQ and picnic area. Picnic Area, Online Payments Available, On-site Maintenance, Community Events, Online Maintenance Requests, Barbeque Area, Walk-In Closet, On-site Management, On-site Laundry Facility & 24/7 Emergency Maintenance. Pet Friendly.

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Managed by Town Centre Village Apartments

$1,895

Townhouse2 Beds2 Baths951 ft²

10240 Bridgeport Way SW

Lakewood, WA 98499

Thanks for checking out Town Centre Village Apartments. We are a locally owned and professionally managed community in Lakewood, WA. Town Centre Village is conveniently located just minutes from Lakewood Towne Center, residents enjoy convenient access to shopping, dining, entertainment, parks, the Ymca and major employers. With quick connections to Interstate 5, Joint Base Lewis-McChord (jblm) and surrounding commuter routes, getting where you need to go is easy. We have one, two and three-bedroom apartment homes as well as two and three-bedroom townhomes. All units come with a full kitchen and in-unit washer and dryer.

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Managed by Sundance Apartments

$1,445 - $1,675

Apartment1-2 Beds1 Bath600-750 ft²

7427 Lakewood Dr W

Lakewood, WA 98499

Welcome to the Sundance Apartments. We offer spacious one and two-bedroom homes with tons of closet space. Each home comes equipped with a full kitchen that includes a dishwasher. We are centrally located near the Lakewood Towne Centre. HWY 512 and I5 are just a few short mins away. Clover Park Technical College is right around the corner and Jblm is only 15 minutes away. Dishwasher, Full-Sized Fridge & Freezer, Full-Sized Stove/Oven, Pool, Playground & Laundry Facility Onsite.

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Managed by Spinnaker Property Management

$1,161

Apartment2 Beds1 Bath800 ft²

8814-8815 Lochburn Lane SW

Lakewood, WA 98499

Welcome to Lochburn 8814-8815, presented by Spinnaker Property Management. We have several units available for lease. For more information and to schedule a showing, please contact us. Refrigerator, Stove, Oven, on Bus Route, Close To Jblm, Close To Shopping, Ground Level, Quiet Neighborhood, Close to Resturants, Spacious Bedrooms, Fenced Dog Run & None. Pet Friendly.

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Managed by Utopia Management

$1,650 - $1,995

Apartment2-3 Beds1-1.5 Baths930-1,065 ft²

5324 San Francisco Ave SW

Lakewood, WA 98499

Welcome to San Francsico Apartments, presented by Utopia Management. We have several units available for lease. For more information and to schedule a showing, please contact us. Oven/stove, Dishwasher, Washer/Dryer, Refrigerator/Freezer & Refrigerator/freezer.

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Managed by Northwest Property Managers Z-A

$1,200

Apartment1 Bed1 Bath576 ft²

12413 Bridgeport Way SW

Lakewood, WA 98499

Welcome to R225 Gen Villas, presented by Northwest Property Managers Z-A. We have several units available for lease. For more information and to schedule a showing, please contact us. Stove/refer, No Smoking, Off Street Parking, Coin-op Laundry, No Pets - Firm, 12-month Lease Only, Tenant Responsible For Electric, $1200 Security Deposit, $125 Utility Surcharge, $350 Non-refundable Administrative Fee, Available Date Is An Approximate Date Only & Can Change In person applications are $50; Online applications are $50 plus $5 processing fee & The tenant is required to obtain rental insurance.

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Managed by Dmitry Yusim

$2,500

House2 Beds1 Bath720 ft²

10403 Dekoven Dr SW

Lakewood, WA 98499

Disclaimer: This residence is offered fully furnished and all furnishings shall remain with the property throughout the tenancy. Utilities are not included unless expressly agreed to in writing. Rental pricing is established on a case-by-case basis and is determined by lease term, length of stay, pets and other neutral operational factors and is applied consistently to all applicants in compliance with applicable Fair Housing laws. Enjoy comfort and charm at this stylishly renovated 2BR, 1BA cottage in Lakewood, WA-just 1 minute from Lakewood Towne Center and close to Tacoma, Jblm, parks and more.

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Managed by BCI Properties

$1,200 - $1,700

Apartment1-2 Beds1 Bath860-1,165 ft²

5503 112th St SW

Lakewood, WA 98499

Welcome to LAW-5503, presented by Bci Properties. We have several units available for lease. For more information and to schedule a showing, please contact us.

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Managed by Coldwell Banker Commercial Danforth

$2,000

House2 Beds1 Bath735 ft²

8510 33rd Ave S

Lakewood, WA 98499

Welcome to this adorable 2 bedroom 1 bathroom home in the heart of Lakewood. Modernly updated with a wonderful lot on a quiet cul-de-sac. This home features a welcoming floorplan with a great yard for entertaining or relaxation. Located close to Jblm, shopping and amenities it's a must see. All Applicants must have a 650 or better credit score. Make 3 times rhe rent, pass a background check and provide previous rental references. Washer/dryer, Dishwasher, Stove/oven & Refrigerator/Freezer. Pet Friendly.

Viewing 1-20 of 48 rentals in 98499

What to Know About

Life in Lakewood & Beyond

Lakewood shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Lakewood, WA

As of September 2026, Lakewood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lakewood's average rent is 13.4% ($242) lower than the Washington average of $1,804 and 13.6% ($246) lower than the U.S. average of $1,808.

Average Rent

$1,562

Monthly ChangeMonth Over Month Change

0.8% ($12)

Yearly ChangeYear Over Year Change

2.2% ($34)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,342	2.6% ($36)	3.8% ($49)
2 Beds	$1,651	2.9% ($46)	0.6% ($10)
3 Beds	$2,259	0.4% ($8)	0.4% ($10)

Nearby Cities	Average Rent	Avg. Rent vs. LakewoodAverage Rent vs. Lakewood	Avg. Days on MarketAverage Days on Market
University Place	$1,618	3.6% ($56)	31 days
Tacoma	$1,520	2.7% ($42)	33 days
Steilacoom	$1,941	24.3% ($379)	33 days
Fife	$1,933	23.8% ($371)	33 days
Dupont	$2,176	39.3% ($614)	32 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, WA.

What is the average rent in Lakewood, WA?

The average rent in Lakewood, WA is $1,562 per month.

What is the rental price range for homes in Lakewood, WA?

Homes in Lakewood typically rent for between $939 and $2,937 per month, with an average of $1,562 per month.

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

In Lakewood, the average rent for a 1-bedroom home is $1,342 per month, for a 2-bedroom home, $1,651 per month, and a 3-bedroom home is $2,259 per month.

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

The average rent in Lakewood is 13.6% ($246) lower than the national average of $1,808 per month.

How have rent prices in Lakewood, WA changed recently?

The average rent in Lakewood has increased by 0.8% ($12) in the last month and increased by 2.2% ($34) over the past year.

How competitive is the rental market in Lakewood, WA?

The rental market in Lakewood, WA, 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, WA?

In Lakewood, WA, the average rental stays on the market for approximately 37 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, WA?

There are currently 70 rental properties available in Lakewood, WA.

Can I afford to rent a home in Lakewood, WA?

Based on the current averages, a household would need an annual income of $66,040 to comfortably afford a 2-bedroom home in Lakewood.