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42 Thunderbird Pkwy Sw
42 Thunderbird Pkwy Sw, Lakewood, WA 98498, USA

Apartment for rent
Monthly rent
$1,495–$1,995
Beds1–2
Baths1–2
Sqft680–1,029
modified
3 Days Ago

Highlights

  • spacious floor plans
  • led lighting

Units

42 Thunderbird Pkwy Sw Lakewood, WA

New Listing

1 Bed, 1 Bath

1 Bed

1 Bath

$1,495

Listed on 04/24/2026
Listed by Oak Terrace
Days on market: 4
Oak Terrace Apartments is a newly renovated apartment building located in the central part of Lakewood, Washington. Renovated units with spacious floor plans include new solid surface counters, LVP flooring in living, new cabinets throughout with softclose, LED lighting, and much more. A wide variety of floorplans to serve all needs from large 1 bed 1 bath units to oversized 2 bed 2 bath units. Enjoy close proximity to the I-5 and all that Pierce County has to offer.

Available

2 Beds, 1 Bath

2 Beds

1 Bath

$1,695

Listed on 01/09/2026
Listed by Oak Terrace
Days on market: 109
Oak Terrace Apartments is a newly renovated apartment building located in the central part of Lakewood, Washington. Renovated units with spacious floor plans include new solid surface counters, LVP flooring in living, new cabinets throughout with softclose, LED lighting, and much more. A wide variety of floorplans to serve all needs from large 1 bed 1 bath units to oversized 2 bed 2 bath units. Enjoy close proximity to the I-5 and all that Pierce County has to offer.

New Listing

2 Beds, 2 Baths

2 Beds

2 Baths

$1,995

Listed on 04/24/2026
Listed by Oak Terrace
Days on market: 4
Oak Terrace Apartments is a newly renovated apartment building located in the central part of Lakewood, Washington. Renovated units with spacious floor plans include new solid surface counters, LVP flooring in living, new cabinets throughout with softclose, LED lighting, and much more. A wide variety of floorplans to serve all needs from large 1 bed 1 bath units to oversized 2 bed 2 bath units. Enjoy close proximity to the I-5 and all that Pierce County has to offer.

Occupied Units

Occupied

219

2 Beds

1 Bath

$1,775

Listed by Oak Terrace
Days on market: 1117
Fill out an application on that day and spin to win our prize wheel for additional prizes like free house cleaning or movers, gift cards, and much more! Plus, get 2 weeks free rent! Oak Terrace is the best hands down…. Don’t believe it, come see for yourself! Want loads of entertainment options? We’re near it all, shopping centers, tons of restaurants, huge parks, movie theaters and public transportation. When you're done living your best life, come home to the comforts of your brand-new stainless-steel appliances, beautiful new soft close white cabinetry, spectacular solid surface counter tops, luxury vinyl flooring and stackable washers/dryers in all newly remodeled homes. Call or come by today to tour your new community!

Occupied

419

2 Beds

2 Baths

$1,895

Listed by Oak Terrace
Days on market: 1155
Fill out an application on that day and spin to win our prize wheel for additional prizes like free house cleaning, gift cards, and much more! Plus, get 2 weeks free rent! Oak Terrace is the best hands down…. Don’t believe it, come see for yourself! Join us at our open house to see our newly Renovated Want loads of entertainment options? We’re near it all, shopping centers, tons of restaurants, huge parks, movie theaters and public transportation. When you're done living your best life, come home to the comforts of your brand-new stainless-steel appliances, beautiful new soft close white cabinetry, spectacular solid surface counter tops, luxury vinyl plank flooring, and stackable washers/dryers in all newly remodeled homes. Call or come by today to tour your new community

Amenities for 42 Thunderbird Pkwy Sw

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • On-Site Management
  • Package Service
  • Controlled Access
  • Residents Lounge
  • On-Site Laundry
  • Outdoor Space
  • Swimming Pool
  • Elevator
  • Storage
Unit Amenities
  • Balcony
  • Carpet
  • Fireplace
  • High Ceilings
  • Ceiling Fan
  • Outdoor Space
  • On-Site Laundry
  • Assigned Parking
  • Dishwasher
  • In-Unit Laundry

Policies at 42 Thunderbird Pkwy Sw

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 42 Thunderbird Pkwy Sw

HomeApartments in LakewoodNorth Lakewood 42 Thunderbird Pkwy Sw, Tacoma, WA 98498, USA

Visit 42 Thunderbird Pkwy SW in North Lakewood, WA, and discover a charming community of 5 units. With 1 and 2-bedroom options, ranging from 680 to 1029 square feet, you'll find the perfect fit. This newly renovated apartment building boasts spacious floor plans, LED lighting, LVP flooring, and new cabinets throughout. Enjoy a range of amenities, including a convenient location near top-rated schools, with three schools within the area boasting A- or higher ratings. Additional amenities include a comfortable living area, perfect for relaxation. With its prime location and modern features, this property is a great choice for those looking for a comfortable and convenient place to call home.

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Address details

Units5
Units available3
Neighborhood
City
Zip code98498

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 42 Thunderbird Pkwy Sw, Lakewood, WA 98498, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.4 mile away
Elementary school nearby
There is an elementary school 0.2 mile away
Images available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Lakewood

1-bedroom apartments here are priced 0% lower than 1-bedrooms in North Lakewood.

If you decide to upgrade your space, you can expect 2-bedrooms at 42 Thunderbird Pkwy Sw to be 4% less than the average for similarly sized apartments in North Lakewood.

Median rents as of Apr 25 2026.
North Lakewood
Lakewood
A table of 1-bedroom apartment rental data trends in Lakewood
MonthMedian Rent
May 2024$1,395
June 2024$1,411
July 2024$1,426
August 2024$1,396
September 2024$1,355
October 2024$1,345
November 2024$1,384
December 2024$1,377
January 2025$1,322
February 2025$1,305
March 2025$1,308
April 2025$1,300
May 2025$1,299
June 2025$1,299
July 2025$1,304
August 2025$1,302
September 2025$1,299
October 2025$1,320
November 2025$1,391
December 2025$1,341
January 2026$1,393
February 2026$1,355
March 2026$1,373
April 2026$1,390
A table of 1-bedroom apartment rental data trends in North Lakewood
MonthMedian Rent
May 2024$1,654
June 2024$1,608
July 2024$1,579
August 2024$1,506
September 2024$1,452
October 2024$1,529
November 2024$1,532
December 2024$1,571
January 2025$1,586
February 2025$1,577
March 2025$1,532
April 2025$1,468
May 2025$1,522
June 2025$1,566
July 2025$1,395
August 2025$1,423
September 2025$1,495
October 2025$1,525
November 2025$1,577
December 2025$1,595
January 2026$1,602
February 2026$1,597
March 2026$1,540
April 2026$1,501

Affordability calculator

Can I afford to live at 42 Thunderbird Pkwy Sw?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$59,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,800 annually to afford this 1-bedroom monthly rent price of $1,495.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 42 Thunderbird Pkwy Sw, Lakewood, WA.
This month$1,5551 bed1 bath
This month$2,0952 bed2 bath
Last month$1,3521 bed1 bath
Last month$2,0952 bed2 bath
6 months ago$1,8952 bed2 bath
6 months ago$1,5532 bed2 bath
6 months ago$2,1252 bed2 bath
6 months ago$1,5951 bed1 bath
6 months ago$1,5751 bed1 bath

Schools near 42 Thunderbird Pkwy Sw

Custer Elementary School

7801 steilacoom blvd sw

lakewood, WA, 98498

PK, K-5Public
C+

Oak Grove Elementary School

8805 steilacoom blvd sw

lakewood, WA, 98498

K-6Public
B+

Clover Park Early Learning Program

10202 earley ave sw

lakewood, WA, 98499

PKPublic

Early Learning Center

12223 s a st

tacoma, WA, 98444

PKPublic

Willard Early Learning Center

3201 s d st

tacoma, WA, 98418

PKPublic
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Getting around Lakewood near 42 Thunderbird Pkwy Sw

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 42 Thunderbird Pkwy Sw, Lakewood

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

4/10
Some bars within walking distance

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