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Studio Apartments for Rent in Lakewood, WA

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  • /91

    Starting at $1,558 Per Month

    • Studio - 3 Beds

    5101 88th Street Ct SW, Lakewood, WA 98499

    Compromise nothing. Gain Everything. Echelon Apartments is a newly built community located in the vibrant, growing city of Lakewood, WA. Studios, one, two and three bedroom homes are available with urban chic interiors. Beautiful oak grove, Mount Rainier and greenbelt views are within this gated community. We are conveniently located just minutes from downtown Tacoma, Ft. Lewis and McChord Air

    Echelon

    5101 88th Street Ct SW, Lakewood, WA 98499
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    Starting at $1,440

    Total Monthly Price

    • Studio - 2 Beds

    12535 Bridgeport Way SW, Lakewood, WA 98499

    Wellstone Apartments in Lakewood, WA, is the ideal living destination for those seeking comfort, convenience, and community. Located just minutes from Joint Base Lewis-McChord (JBLM), Wellstone Apartments offers a variety of living options to suit your needs, including furnished and unfurnished homes, as well as shared-living arrangements designed to maximize your Basic Housing Allowance (BAH)

    Wellstone

    12535 Bridgeport Way SW, Lakewood, WA 98499
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    Starting at $1,282 Per Month

    • Studio - 2 Beds

    8920 Gravelly Lake Dr SW, Lakewood, WA 98499

    Thanks for checking out Swan Grove Apartments, where modern living meets unmatched convenience in the heart of Lakewood, WA. We are a locally owned and professionally managed newly constructed community. Nestled in a vibrant neighborhood just moments from the Lakewood Towne Center, local parks, and a variety of shopping and dining hotspots, Swan Grove offers a prime location with everything you

    Swan Grove Apartments

    8920 Gravelly Lake Dr SW, Lakewood, WA 98499
  • /40

    Starting at $1,090 Per Month

    • Studio

    8820 S Hosmer St, Tacoma, WA 98444

    Free parking, dog park, Fitness Room, Resident Clubroom with game tables, media room and work spaces!

    Safe Harbor Apartments

    8820 S Hosmer St, Tacoma, WA 98444
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    Starting at $995 Per Month

    • Studio - 1 Bed

    8702 S Hosmer St, Tacoma, WA 98444

    Free parking, dog park, Fitness Room, Resident Clubroom with game tables, media room and work spaces! Apply today!

    Cascade Ridge Apartments

    8702 S Hosmer St, Tacoma, WA 98444
  • /13

    Starting at $1,114 Per Month

    • Studio - 2 Beds

    6102 Lake Grove St SW, Lakewood, WA 98499

    Welcome to Lake Grove Apartments! Our spacious units feature stainless steel appliances, walk-in closets, and full-size washer and dryer for your convenience. Enjoy the stunning views from your private patio or balcony, perfect for relaxing after a long day. With electric vehicle charging stations, bike storage, and a picnic area, our community offers everything you need for a comfortable

    Lake Grove Apartments!

    6102 Lake Grove St SW, Lakewood, WA 98499
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    Starting at $1,125 Per Month

    • Studio - 2 Beds

    10214 Lakeview Ave SW, Tacoma, WA 98499

    Thanks for checking out Lakeview South Apartments. We are a locally owned and professionally managed community in Lakewood, WA. Lakeview South is conveniently located with quick access to Joint Base Lewis-McChord, Clover Park Technical College, the Lakewood Towne Center and a multitude of shopping and dining options. We have studios, 1 and 2-bedroom apartment homes. Our apartment homes are a

    Lakeview South

    10214 Lakeview Ave SW, Tacoma, WA 98499

Why Live in Lakewood

Lakewood, Washington, located about 10 miles south of Tacoma, is a diverse city with a population of 64,000, known for its parks and waterfronts. The city is centered around Joint Base Lewis-McChord, the largest military base in the western United States, which employs approximately 65,000 civilian workers and military personnel. Lakewood offers a suburban feel with city amenities, attracting a blend of young people, retired folks, and multigenerational families. Housing styles include Craftsman-style cottages and ranch-style homes, with neighborhoods like Central Lakes, Oakbrook, and South Lakes being particularly desirable. The city boasts 14 parks, including Fort Steilacoom Park, a 340-acre campus with trails, historic landmarks, and athletic facilities, and American Lake Park, featuring a sandy beach and boat access. Lakewood also hosts the Tacoma Country & Golf Club, Oakbrook Golf Club, and Meadow Park Golf Course. Unique attractions include Lakewold Gardens, a 10-acre area with hedge-lined paths and statues, and Thornewood Castle, a Tudor Gothic-style castle now used as a luxurious hotel. The Clover Valley School District serves about 12,500 students and is among the most diverse districts in Washington, while Frances Cabrini School, a private K-8 institution, receives high ratings. Lakewood Towne Center and South Tacoma Plaza offer a variety of dining options, including Korean, Japanese, and Vietnamese cuisines, as well as international restaurants like Bruno's European Restaurant and Ho Soon Yi. The Pierce Transit bus system and Sound Transit commuter light rail provide convenient transportation to Tacoma and Seattle, with the Seattle-Tacoma International Airport located about 32 miles north.

Frequently Asked Questions

How much does it cost to rent a home in Lakewood, WA?
The median rent for a home in Lakewood, WA is $1,700 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lakewood, WA?
To comfortably afford the median rent in Lakewood, WA, a household needs to earn roughly $68,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,700 per month in Lakewood, WA, renters typically need to show $5,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lakewood, WA?
In Lakewood, WA, the price-to-rent ratio is 25.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lakewood, WA are best for renting a home?
The best neighborhood for renting in Lakewood, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South End, South Tacoma, Hilltop and Downtown Tacoma, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$1,700
Median Single Family Home Rent
$2,455
Median Townhouse Rent
$2,048
Median Condo Rent
$1,395
How to Rent a Home