Bedroom count
Property type
Last updated on May 16, 2026
Average rent in
Lakewood, WA
Average rent in
Last updated on May 16, 2026
Bedroom count
Property type
Key takeaways for renters
Where Lakewood rent stands today
Lakewood, WA rent is essentially flat year over year, with a current median of $1,598/month. Renters are paying $58 more per month on average than last year, with no change month to month as the market holds steady near its recent peak.
Compared to national trends
Lakewood sits 18.0% more affordable than the $1,950/month national median, positioning it as a moderately priced metro with limited total rentals (112) available for renters.
Price ranges
Studios in Lakewood rent for $1,182/month, 1-bedrooms for $1,395/month, and 2-bedrooms for $1,800/month, with 3-bedrooms at $2,445/month and 4+ bedrooms at $3,295/month. Houses command a median of $2,372/month while apartments sit at $1,530/month, offering distinct price tiers across property types.
Neighborhood spotlight
In Lakewood, South Lakes rents fell 9.6% year over year to $1,345/month, contrasting with North Lakewood where rents rose 8.8% to $1,795/month. This divergence shows localized shifts within a broadly steady citywide market.
Median rent
Median rent in Lakewood
$1,598/mo
1%vs previous year
The average rent in Lakewood is $1,598 per month as of May 2026. This is 18% below the national average rent, or $351 less per month.
average price per square foot
Total rentals
Available rentals in Lakewood
112
for rent on Zumper.com as of May 2026
Rent price distribution
Share of Lakewood rentals at each price point
Rent trends in Lakewood, WA
Average rent prices in Lakewood have remained the same over the last month and have increased by 1% 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 $1,530, whereas a house costs $2,372. 1-bedroom apartments in Lakewood run $1,395 on average, while 2-bedroom apartments are $1,795.
Listings | ||||
|---|---|---|---|---|
Studio | $1,181 | 1% |  5% | |
1 bedroom | $1,395 | 1% | 1% | |
2 bedroom | $1,800 | 1% | 6% | |
3 bedroom | $2,445 | No Change | 5% | |
4 bedroom | $3,295 | 1% | 26% |
Listings | ||
|---|---|---|
Central Lakes | $1,850 | |
Lakeview | $1,520 | |
North Lakewood | $1,795 | |
Northeast Lakewood | $1,455 | |
Pacific | $1,397 | |
South Lakes | $1,345 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,530 | 1% | No Change | |
Condos | $1,950 | 21% | No Change | |
Houses | $2,372 | 6% | No Change |
Studio
Average rent
$1,181
Last 30 days
1%
Last year
5%
1 bedroom
Average rent
$1,395
Last 30 days
1%
Last year
1%
2 bedroom
Average rent
$1,800
Last 30 days
1%
Last year
6%
3 bedroom
Average rent
$2,445
Last 30 days
No Change
Last year
5%
4 bedroom
Average rent
$3,295
Last 30 days
1%
Last year
26%
North Lakewood
Average rent
$1,795
Lakeview
Average rent
$1,520
Central Lakes
Average rent
$1,850
Pacific
Average rent
$1,397
Northeast Lakewood
Average rent
$1,455
South Lakes
Average rent
$1,345
Apartments
Average rent
$1,530
Last 30 days
1%
Condos
Average rent
$1,950
Last 30 days
21%
Houses
Average rent
$2,372
Last 30 days
6%
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
18%lower than the national median
5%lower than the national median
Takeaway
The median rent for all rentals in Lakewood, WA is 13% lower than the median rent in Auburn, WA.
Average rent in nearby cities
Explore rent trends in neighboring markets
Discover rentals in Lakewood, WA
4d ago
8605 Hipkins Rd Sw, Lakewood, WA 98498
1–2 beds
1 bath
$1,095–$1,495
Apartment for rent
1d ago
25 Thunderbird Pkwy Sw, Lakewood, WA 98498
1–2 beds
1 bath
$1,100–$1,300
Price drop
Apartment for rent
2h ago
12502 Addison St Sw, Lakewood, WA 98499
2 beds
1 bath
$1,217
Price drop
Apartment for rent
5d+ ago
5628 Boston Ave Sw, Lakewood, WA 98499
2 beds
1 bath
$1,295–$1,335
Apartment for rent
5d+ ago
Central Lakes house for rent in Lakewood
10403 Dekoven Dr Sw, Lakewood, WA 98499
2 beds
1 bath
$3,700
$2,850
Price drop
House for rent
Available May 18
3d ago
7519 Grange St W, Lakewood, WA 98499
1–2 beds
1–2 baths
$1,635–$2,385
Apartment for rent
5d+ ago
Lakeview apartment for rent in Lakewood
Birds Mill 7531 Grange Street West #7531, Lakewood, WA 98499
2 beds
2 baths
$2,385
Apartment for rent
Available Jun 6
17h ago
Verified
8200 Bridgeport Way Sw, Lakewood, WA 98499
1–3 beds
1–2 baths
$1,712–$2,039
Price drop
Apartment for rent
19h ago
Verified
11432 105th Ave Sw, Lakewood, WA 98498
1–3 beds
1–2 baths
$1,299–$1,852
Price drop
Apartment for rent
17h ago
Verified
8200 Bridgeport Way Sw, Lakewood, WA 98499
1–3 beds
1–2 baths
$1,712–$2,039
Price drop
Apartment for rent
19h ago
Verified
11432 105th Ave Sw, Lakewood, WA 98498
1–3 beds
1–2 baths
$1,299–$1,852
Price drop
Apartment for rent
17h ago
Verified
8200 Bridgeport Way Sw, Lakewood, WA 98499
1–3 beds
1–2 baths
$1,712–$2,039
Price drop
Apartment for rent
19h ago
Verified
11432 105th Ave Sw, Lakewood, WA 98498
1–3 beds
1–2 baths
$1,299–$1,852
Price drop
Apartment for rent
3d ago
Verified
2611 84th Street Ct S, Lakewood, WA 98499
1–2 beds
1 bath
$1,695–$1,895
Apartment for rent
Available May 15
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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 $1,598 per month as of May 14, 2026.
Is rent up or down in Lakewood?
Average rent prices in Lakewood have remained the same over the last month and have increased by 1% since last year.
How does Lakewood rent compare to the national average?
Rent in Lakewood is 18% below the national average, which means renters are paying approximately $351 less per month.
Which neighborhoods are most affordable in Lakewood?
The most affordable neighborhoods in Lakewood are South Lakes ($1,345/mo), Pacific ($1,397/mo), and Northeast Lakewood ($1,455/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?
Lakewood's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units average around $1,700 per month. Both apartment types experienced decreases from the previous year, with one-bedrooms down 6.3% and two-bedrooms down 11.6%.
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).