Apartments for Rent in Lakewood, WA

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Viewing 21-40 of 57 rentals in Lakewood
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 August 2025, 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% ($246) lower than the Washington average of $1,829 and 11.6% ($207) lower than the U.S. average of $1,790.

Average Rent
$1,583
Monthly ChangeMonth Over Month Change
Increased0.1% ($2)
Yearly ChangeYear Over Year Change
Increased7.2% ($107)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,294 Decreased0.3% ($4) Increased0.9% ($12)
2 Beds $1,722 Increased0.4% ($7) Increased4.1% ($68)
3 Beds $2,239 Increased3.6% ($78) Decreased13.4% ($345)
Nearby Cities Average Rent Avg. Rent vs. LakewoodAverage Rent vs. Lakewood Avg. Days on MarketAverage Days on Market
University Place $1,915 Increased21% ($332) 31 days
Tacoma $1,488 Decreased6% ($95) 33 days
Steilacoom $1,399 Decreased11.6% ($184) 33 days
Fife $1,680 Increased6.1% ($97) 33 days
Dupont $2,595 Increased63.9% ($1012) 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.

The average rent in Lakewood, WA is $1,583 per month.
Apartments in Lakewood typically rent for between $906 and $2,911 per month, with an average of $1,583 per month.
In Lakewood, the average rent for a 1-bedroom apartment is $1,294 per month, for a 2-bedroom apartment, $1,722 per month, and a 3-bedroom apartment is $2,239 per month.
The average rent in Lakewood is 11.6% ($207) lower than the national average of $1,790 per month.
The average rent in Lakewood has increased by 0.1% ($2) in the last month and increased by 7.2% ($107) over the past year.
The rental market in Lakewood, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 71 rental properties available in Lakewood, WA.
Based on the current averages, a household would need an annual income of $68,880 to comfortably afford a 2-bedroom apartment in Lakewood.
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