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

Apartment for rent
Monthly rent
$1,545–$1,795
Beds1–2
Baths1–2
Sqft680–975
modified
5+ Days Ago

Units

42 Thunderbird Pkwy Sw Lakewood, WA

New Listing

1 Bed, 1 Bath

1 Bed

1 Bath

$1,545

Listed on 12/06/2025
Listed by Oak Terrace
Days on market: 6
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, 1 Bath

2 Beds

1 Bath

$1,725

Listed on 12/06/2025
Listed by Oak Terrace
Days on market: 6
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

$1,795

Listed on 12/06/2025
Listed by Oak Terrace
Days on market: 6
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: 980
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: 1018
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
  • Elevator
  • On-Site Management
  • On-Site Laundry
  • Outdoor Space
  • Package Service
  • Residents Lounge
  • Swimming Pool
  • Controlled Access
  • Storage
Unit Amenities
  • On-Site Laundry
  • Outdoor Space
  • Ceiling Fan
  • High Ceilings
  • Assigned Parking
  • Fireplace
  • In-Unit Laundry
  • Balcony
  • Carpet
  • Dishwasher

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 Parkway Southwest, Lakewood, Washington 98498, United States

Interested in leasing 42 Thunderbird Pkwy Sw, Lakewood, WA 98498, USA? Currently, 42 Thunderbird Pkwy Sw, Lakewood, WA 98498, USA is available to rent or lease. It is a 2-bedroom apartment with 2 bathrooms. Below, you can compare the rent price at 42 Thunderbird Pkwy Sw, Lakewood, WA 98498, USA vs overall rent prices in North Lakewood, WA. We have compiled nearby businesses and things to do close to 42 Thunderbird Pkwy Sw, Lakewood, WA 98498, USA.

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

Elementary school nearby
There is an elementary school 0.2 mile away
Middle school nearby
There is a middle school 0.4 mile away
More space
The 1-bedroom is 142 sqft larger than other listings nearby
More space
The 2-bedroom is 55 sqft larger than other listings nearby
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 3% lower than 1-bedrooms in North Lakewood.

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

Median rents as of Dec 6 2025.
North Lakewood
Lakewood
A table of studio rental data trends in Lakewood
MonthMedian Rent
December 2023$1,515
January 2024$1,510
February 2024$1,485
March 2024$1,485
April 2024$1,485
May 2024$1,455
June 2024$1,433
July 2024$1,455
August 2024$1,447
September 2024$1,319
October 2024$1,357
November 2024$1,342
December 2024$1,272
January 2025$1,272
February 2025$1,282
March 2025$1,278
April 2025$1,350
May 2025$1,282
June 2025$1,251
July 2025$1,251
August 2025$1,261
September 2025$1,287
October 2025$1,265
November 2025$1,237
December 2025$1,120
A table of studio rental data trends in North Lakewood
MonthMedian Rent
December 2023$1,515
January 2024$1,515

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

$61,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $61,800 annually to afford this 1-bedroom monthly rent price of $1,545.
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 Parkway Southwest, Lakewood, WA.
2 months ago$1,8952 bed2 bath
2 months ago$1,5532 bed2 bath
2 months ago$2,1252 bed2 bath
2 months ago$1,5951 bed1 bath
3 months ago$1,4251 bed1 bath
3 months ago$1,7952 bed2 bath
4 months ago$1,9452 bed2 bath
5 months ago$1,5532 bed2 bath
5 months ago$1,4401 bed1 bath

Schools near 42 Thunderbird Parkway Southwest

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+
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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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