Last updated on August 15, 2026

Average rent in
Lakewood, WA

Key takeaways for renters

  • Where Lakewood rent stands today

    Lakewood, WA rent is essentially flat year over year, with a current median of $1,600/month. Month over month, rent increased 2.5%, indicating recent upward movement despite a modest $36 decrease compared to last year being incorrect in the source data and thus omitted.

  • Lakewood, WA sits 16.9% more affordable than the $1,925/month national median, offering renters a moderately priced market with 109 total rentals available.

  • Price ranges

    In Lakewood, WA, studios rent for $1,125/month, 1-bedrooms for $1,295/month, and 2-bedrooms for $1,700/month. Larger units include 3-bedrooms at $2,571/month and 4+ bedrooms at $3,300/month. Apartments, which make up 71.1% of inventory, have a median rent of $1,525/month, while houses rent for $2,398/month.

  • Neighborhood spotlight

    Northeast Lakewood rents fell 17.9% year over year to $1,395/month across 10 rentals, a decline that contrasts with the broadly flat citywide trend in Lakewood, WA.

Median rent

Median rent in Lakewood

$1,600/mo

increased by2%

vs previous year

The average rent in Lakewood is $1,600 per month as of August 2026. This is 17% below the national average rent, or $325 less per month.

$1.91

average price per square foot

Total rentals

Available rentals in Lakewood

109

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Lakewood rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lakewood, WA

Average rent prices in Lakewood have increased by 3% over the last month and have increased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lakewood, WA

Rent prices in Lakewood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lakewood is $1,525, whereas a house costs $2,397. 1-bedroom apartments in Lakewood run $1,295 on average, while 2-bedroom apartments are $1,675.

Listings

Studio

$1,125

5%

9%

1 bedroom

$1,295

2%

1%

2 bedroom

$1,700

No Change

1%

3 bedroom

$2,571

1%

5%

4 bedroom

$3,300

7%

No Change

Studio

Average rent

$1,125

Last 30 days

5%

Last year

9%

1 bedroom

Average rent

$1,295

Last 30 days

2%

Last year

1%

2 bedroom

Average rent

$1,700

Last 30 days

No Change

Last year

1%

3 bedroom

Average rent

$2,571

Last 30 days

1%

Last year

5%

4 bedroom

Average rent

$3,300

Last 30 days

7%

Last year

No Change

The table above reflects average rent prices in Lakewood, WA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lakewood, WA compare to other cities?

Compare median rent prices in Lakewood and Auburn by all bedroom counts and property types.

Lakewood

Median rent price$1,600
decreased by17%

lower than the national median

Median rent price$1,895
decreased by2%

lower than the national median

Takeaway

The median rent for all rentals in Lakewood, WA is 16% lower than the median rent in Auburn, WA.

Discover rentals in Lakewood, WA

Lincoln Ave Apartments LLC - Photo 1 of 1

3d ago

8.4

Very good

Lincoln Ave Apartments LLC

12615 12615 -12623 Lincoln Ave SW, Lakewood, WA 98499

2 beds

1 bath

$1,027

Apartment for rent

The Woods - Photo 1 of 1

22h ago

8.6

Very good

The Woods

8810 John Dower Rd Sw, Lakewood, WA 98499

1–2 beds

1 bath

$1,050–$1,350

Apartment for rent

Bridgewood Estates Apartments - Photo 1 of 1

4d ago

8.6

Very good

Bridgewood Estates Apartments

4910 108th St Sw, Lakewood, WA 98499

2 beds

1 bath

$1,095

Price drop

Apartment for rent

Dana Apts - Photo 1 of 1

3d ago

7.8

Very good

Dana Apts

10902 Freiday St Sw, Lakewood, WA 98499

2 beds

1 bath

$1,200

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lakewood, WA

Quick answers to common questions about the Lakewood rental market.

How much is rent in Lakewood?

The average rent in Lakewood is $1,600 per month as of August 8, 2026.

Is rent up or down in Lakewood?

Average rent prices in Lakewood have increased by 3% over the last month and have increased by 2% since last year.

How does Lakewood rent compare to the national average?

Rent in Lakewood is 17% below the national average, which means renters are paying approximately $325 less per month.

Which neighborhoods are most affordable in Lakewood?

The most affordable neighborhoods in Lakewood are Pacific ($1,350/mo), Northeast Lakewood ($1,395/mo), and South Lakes ($1,520/mo).

What salary do I need to afford rent in Lakewood?

To comfortably afford rent in Lakewood, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lakewood?

Fall and winter months offer the best rental deals in Lakewood, with October seeing the lowest rents and November and December being the least competitive months for apartment hunting.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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