Bedroom count
Property type
Last updated on August 15, 2026
Last updated on August 15, 2026
Bedroom count
Property type
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.
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.
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 in Lakewood
$1,600/mo
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.
average price per square foot
Available rentals in Lakewood
109
for rent on Zumper.com as of August 2026
Share of Lakewood rentals at each price point
Average rent prices in Lakewood have increased by 3% over the last month and have increased by 2% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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 |
Listings | ||
|---|---|---|
Central Lakes | $1,725 | |
Lakeview | $1,535 | |
North Lakewood | $1,695 | |
Northeast Lakewood | $1,395 | |
Pacific | $1,350 | |
South Lakes | $1,520 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,525 | 1% | No Change | |
Condos | $1,825 | 6% | No Change | |
Houses | $2,397 | 5% | 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
Lakeview
Average rent
$1,535
North Lakewood
Average rent
$1,695
Pacific
Average rent
$1,350
Central Lakes
Average rent
$1,725
South Lakes
Average rent
$1,520
Northeast Lakewood
Average rent
$1,395
Apartments
Average rent
$1,525
Last 30 days
1%
Condos
Average rent
$1,825
Last 30 days
6%
Houses
Average rent
$2,397
Last 30 days
5%
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.
Compare median rent prices in Lakewood and Auburn by all bedroom counts and property types.
Lakewood
lower than the national median
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.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Lakewood rental market.
The average rent in Lakewood is $1,600 per month as of August 8, 2026.
Average rent prices in Lakewood have increased by 3% over the last month and have increased by 2% since last year.
Rent in Lakewood is 17% below the national average, which means renters are paying approximately $325 less per month.
The most affordable neighborhoods in Lakewood are Pacific ($1,350/mo), Northeast Lakewood ($1,395/mo), and South Lakes ($1,520/mo).
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.
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.
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).