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Average Rent in Lakewood 98499 & Rent Trends

Rent prices and market trends across 6 apartment communities in Lakewood 98499, Lakewood, WA. Updated daily.

Area All Areas
Lakewood 9849898499

Market Average

$1,862/mo

▲ +0.8% from last month

Lowest Available

$1,095/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

59

available now

Price Cuts This Week in Lakewood 98499

17 listed units across 1 building in Lakewood 98499 dropped their asking rent in the past 7 days, an average cut of $81/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Village at Seeley Lake Unit 12 $2,075 $1,688 $387
Village at Seeley Lake Unit 20 $2,494 $2,210 $284
Village at Seeley Lake Unit 1 $1,628 $1,488 $140
Village at Seeley Lake Unit 13 $2,067 $1,983 $84
Village at Seeley Lake Unit 5, 1B $1,704 $1,628 $76
Village at Seeley Lake Unit 11 $2,082 $2,024 $58
Village at Seeley Lake Unit 3, 1A $1,580 $1,527 $53
Village at Seeley Lake Unit 16 $2,431 $2,389 $42
See today's prices on all 59 listed units

Lakewood 98499 vs Lakewood, WA Average

Lakewood 98499 is more expensive than the Lakewood, WA average by $8/mo (0%). The citywide average is $1,854/mo across all neighborhoods.

Is Rent Going Up or Down in Lakewood 98499?

As of August 2026, the average rent in Lakewood 98499 is $1,862 per month across 6 apartment communities and 59 available units. Rents have increased $13 (0.8%) over the past month.

The most affordable option is The Lexington Apartments starting at $1,095/mo. By unit type, a studio averages $1,374/mo, a 1-bedroom averages $1,544/mo, a 2-bedroom averages $1,931/mo, a 3-bedroom averages $2,367/mo.

Prices range from $1,095 to $2,697 per month. The most common price point is the $1,600 range, where 15 units are currently listed.

Lakewood 98499 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,741 - 7
August 2026 $1,801 +$60 7

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lakewood 98499

Studio
$1,374
from $1,190 · 2 units
1 Bed
$1,544
from $1,095 · 20 units
2 Bed
$1,931
from $1,450 · 26 units
3 Bed
$2,367
from $1,850 · 11 units

Rent Prices by Apartment in Lakewood 98499

Property Starting at Average Units Rating
The Lexington Apartments $1,095/mo $1,492/mo 7 3.9
Trey/Swan Grove Apartments $1,190/mo $1,190/mo 1 4
Waverly Manor $1,350/mo $1,652/mo 13 3.9
Village at Seeley Lake $1,488/mo $2,001/mo 20 3
Echelon Apartments $1,558/mo $2,019/mo 14 3.4
Timbre Apartments $1,712/mo $2,120/mo 4 3.7

Frequently Asked Questions About Rent in Lakewood 98499

What is the average rent in Lakewood 98499?

The average rent in Lakewood 98499 is $1,862 per month as of August 2026, based on 59 units across 6 apartment communities.

Is rent going up or down in Lakewood 98499?

Rent in Lakewood 98499 has increased $13 (0.8%) over the past month. The current average is $1,862/mo.

What is the cheapest apartment in Lakewood 98499?

The most affordable apartment in Lakewood 98499 is The Lexington Apartments with units starting at $1,095/mo.

How much is a 1-bedroom apartment in Lakewood 98499?

A 1-bedroom apartment in Lakewood 98499 averages $1,544/mo, with prices starting at $1,095/mo across 20 available units.

How many apartments are available in Lakewood 98499?

There are 59 units available across 6 apartment communities in Lakewood 98499.

What salary do I need to live comfortably in Lakewood 98499?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$74,000/year

Based on the 30 percent rule, using our tracked average rent of $1,862/mo.

Comfortable income

$89,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,095/mo), you need to earn at least $44,000/year.

Cost of living in Lakewood 98499

We only have live rent data for Lakewood 98499 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,862
Estimated total $1,862/mo

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures are refreshed annually.

Explore Lakewood 98499 Apartments

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