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149 Apartments for rent in Lakewood, WA

Featured
Citizen and Oake
5406 82nd St SW
Lakewood, WA
Updated January 17 at 09:28pm
1 Bedroom
$1,105
2 Bedrooms
$1,335
3 Bedrooms
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Great location in the heart of Lakewood. Peaceful community features 24-hour maintenance, BBQ/grill, pool and hot tub. Units have private patio/balcony with relaxing views, fireplace and in-home laundry.
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Featured
Crown Pointe Apartments
2611 84th Street Ct S
Lakewood, WA
Updated January 17 at 07:22pm
1 Bedroom
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2 Bedrooms
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3 Bedrooms
$1,472
Featured
Village at Seeley Lake
9501 59th Ave SW
Lakewood, WA
Updated January 17 at 07:22pm
1 Bedroom
$1,187
2 Bedrooms
$1,319
3 Bedrooms
$1,893
Convenient location close to McChord Air Force Base, Lakewood Towne Center and Fort Lewis Army Base. Community features dog park, hot tub, gym, courtyard and more. Units include hardwood floors, dishwasher and extra storage.
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Featured
Merrill Creek
6022 78th Street Ct W
Lakewood, WA
Updated January 17 at 07:00pm
Studio
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1 Bedroom
$1,100
2 Bedrooms
$1,300
Near Lakewood Town Center and Clover Park Technical College. Pet-friendly community with a state-of-the-art fitness center, large pool, and children's play area. All electric kitchen, private balconies, and walk-in closets.
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Featured
Pacific Walk Townhomes
8333 32nd Ave S
Lakewood, WA
Updated January 17 at 08:12pm
1 Bedroom
$972
2 Bedrooms
$1,247
Featured
Southern Pines
8219 29th Avenue Ct S
Lakewood, WA
Updated January 17 at 07:17pm
2 Bedrooms
$1,250
3 Bedrooms
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Featured
Beaumont Grand Apartment Homes
8504 82nd St SW
Lakewood, WA
Updated January 17 at 09:28pm
1 Bedroom
$1,205
2 Bedrooms
$1,450
3 Bedrooms
$1,585
Spacious one-, two- and three-bedroom homes are pet-friendly with modern kitchens, European cabinetry, fireplaces, walk-in closets, W/D hookups. Enjoy pool, fitness center, playgrounds and indoor basketball court. Easy access to local shopping, dining, schools.
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Featured
Arbor Pointe Apartments
11432 105th Ave SW
Lakewood, WA
Updated January 17 at 06:54pm
1 Bedroom
$1,070
2 Bedrooms
$1,268
3 Bedrooms
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Featured
Wisteria Walk
3615 112th St SW
Lakewood, WA
Updated January 17 at 07:44pm
1 Bedroom
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2 Bedrooms
$926
Featured
Bellamy Park
10821 108th Ave SW
Lakewood, WA
Updated January 17 at 06:03pm
1 Bedroom
$1,115
2 Bedrooms
$1,271
3 Bedrooms
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Featured
Echelon
5101 88th Street Ct SW
Lakewood, WA
Updated January 17 at 07:23pm
Studio
$1,100
1 Bedroom
Ask
2 Bedrooms
$1,450
6919 Citrine Ln SW
6919 Citrine Lane Southwest
Lakewood, WA
Updated January 17 at 04:57pm
3 Bedrooms
$2,211
14602 Portland Ave SW Apt C
14602 Portland Avenue Southwest
Lakewood, WA
Updated January 17 at 04:57pm
Studio
Ask
1 Bedroom
$1,200
11509 Cloverdale Court SW
11509 Cloverdale Court Southwest
Lakewood, WA
Updated January 17 at 04:56pm
5 Bedrooms
$2,895
8802 Forest Rd., SW
8802 Forest Road Southwest
Lakewood, WA
Updated January 17 at 04:56pm
2 Bedrooms
$1,395
15515 Grant Ave SW
15515 Grant Avenue Southwest
Lakewood, WA
Updated January 17 at 04:56pm
2 Bedrooms
$1,100
9009 - 25th Ave Ct S (Upper Unit #A)
9009 25th Avenue Court South
Lakewood, WA
Updated January 17 at 04:56pm
4 Bedrooms
$2,495
7011 Cameo Dr. SW
7011 Cameo Drive Southwest
Lakewood, WA
Updated January 17 at 04:56pm
4 Bedrooms
$2,250
8719 72nd Ave Ct SW
8719 72nd Avenue Court Southwest
Lakewood, WA
Updated January 17 at 04:56pm
2 Bedrooms
$1,495
10105 88th Ave SW
10105 88th Avenue Southwest
Lakewood, WA
Updated January 17 at 04:56pm
5 Bedrooms
$2,395
8305 Berkeley Avenue South West
8305 Berkeley Ave SW
Lakewood, WA
Updated January 17 at 08:35pm
3 Bedrooms
$1,400
6402 Alfaretta Street Southwest
6402 Alfaretta Street Southwest
Lakewood, WA
Updated January 17 at 09:49pm
3 Bedrooms
$1,400
6415 Steilacoom Blvd - G
6415 Steilacoom Blvd SW
Lakewood, WA
Updated January 17 at 09:03pm
Studio
$700
8713 63rd Ave SW
8713 63rd Avenue Southwest
Lakewood, WA
Updated January 17 at 09:03pm
3 Bedrooms
$1,595

January 2019 Lakewood Rent Report

Welcome to the January 2019 Lakewood Rent Report. Lakewood rents declined over the past month. In this report, we'll evaluate trends in the Lakewood rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

January 2019 Lakewood Rent Report

Welcome to the January 2019 Lakewood Rent Report. Lakewood rents declined over the past month. In this report, we'll evaluate trends in the Lakewood rental market, including comparisons to cities throughout the metro, state, and nation.

Lakewood rents declined over the past month

Lakewood rents have remained flat over the past month, however, they have increased moderately by 3.8% year-over-year. Currently, median rents in Lakewood stand at $1,160 for a one-bedroom apartment and $1,450 for a two-bedroom. Lakewood's year-over-year rent growth leads the state average of 1.1%, as well as the national average of 0.9%.

    Rents rising across the Seattle Metro

    Throughout the past year, rent increases have been occurring not just in the city of Lakewood, but across the entire metro. Of the largest 10 cities that we have data for in the Seattle metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Kent has seen the fastest rent growth in the metro, with a year-over-year increase of 4.6%. The median two-bedroom there costs $1,820, while one-bedrooms go for $1,460.
    • Over the past month, Marysville has seen the biggest rent drop in the metro, with a decline of 4.0%. Median two-bedrooms there cost $1,640, while one-bedrooms go for $1,320.
    • Lakewood has the least expensive rents in the Seattle metro, with a two-bedroom median of $1,450; rents decreased 0.1% over the past month but were up 3.8% over the past year.
    • Bellevue has the most expensive rents of the largest cities in the Seattle metro, with a two-bedroom median of $2,320; rents went down 0.5% over the past month but rose 3.5% over the past year.

    Many large cities nationwide show more affordable rents compared to Lakewood

    As rents have increased moderately in Lakewood, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Lakewood is less affordable for renters.

    • Rents increased slightly in other cities across the state, with Washington as a whole logging rent growth of 1.1% over the past year. For example, rents have grown by 1.7% in Vancouver and 0.4% in Spokane.
    • Lakewood's median two-bedroom rent of $1,450 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 3.8% increase in Lakewood.
    • While Lakewood's rents rose moderately over the past year, many cities nationwide also saw increases, including Austin (+3.4%), Phoenix (+3.3%), and New York (+2.7%).
    • Renters will generally find more expensive prices in Lakewood than most large cities. For example, Spokane has a median 2BR rent of $880, where Lakewood is more than one-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Seattle
    $1,320
    $1,650
    -0.4%
    0.6%
    Tacoma
    $1,240
    $1,540
    -0.3%
    1.6%
    Bellevue
    $1,860
    $2,320
    -0.5%
    3.5%
    Everett
    $1,350
    $1,680
    0.1%
    3.9%
    Kent
    $1,460
    $1,820
    0.5%
    4.6%
    Renton
    $1,650
    $2,060
    0.3%
    3.4%
    Federal Way
    $1,390
    $1,740
    -0.4%
    2.8%
    Auburn
    $1,340
    $1,670
    0.8%
    2%
    Marysville
    $1,320
    $1,640
    -4%
    -4%
    Lakewood
    $1,160
    $1,450
    -0.1%
    3.8%
    Redmond
    $1,790
    $2,230
    0.3%
    6.8%
    Kirkland
    $1,700
    $2,110
    0.7%
    6.5%
    Puyallup
    $1,520
    $1,900
    -2%
    3.1%
    Lynnwood
    $1,560
    $1,940
    0.3%
    3.7%
    Bothell
    $1,780
    $2,220
    -0.2%
    5.4%
    Mercer Island
    $2,020
    $2,520
    1%
    5.4%
    Kenmore
    $1,670
    $2,080
    -4.2%
    -3%
    Mountlake Terrace
    $1,550
    $1,940
    2.8%
    6.6%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.