Rent in Lakewood, WA
Across Lakewood's 4 ZIP codes, a 2-bedroom typically rents for about $1,658 a month, with figures from $1,518–$2,064. The highest typical rent is in 98496 ($2,064) and the lowest in 98439 ($1,518). 3 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Pierce County pay about 0.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,317 | $1,078–$1,491 | 4 |
| 1 bed | $1,337 | $1,236–$1,682 | 4 |
| 2 beds | $1,658 | $1,518–$2,064 | 4 |
| 3 beds | $2,392 | $2,135–$2,849 | 4 |
| 4 beds | $2,710 | $2,442–$3,219 | 4 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Lakewood ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lakewood, WA?
- About $1,658 a month: the median of the typical rents in 4 ZIP codes, which range from $1,518–$2,064. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lakewood, WA?
- About $1,337 a month: the median of the typical rents in 4 ZIP codes, which range from $1,236–$1,682. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lakewood, WA?
- About $2,392 a month: the median of the typical rents in 4 ZIP codes, which range from $2,135–$2,849. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lakewood, WA?
- About $1,317 a month: the median of the typical rents in 4 ZIP codes, which range from $1,078–$1,491. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lakewood, WA?
- About $2,710 a month: the median of the typical rents in 4 ZIP codes, which range from $2,442–$3,219. Figures are gross rent (rent plus tenant-paid utilities).
- Which Lakewood ZIP code has the highest rent?
- For a 2-bedroom, 98496 has the highest typical rent at $2,064 a month, and 98439 the lowest at $1,518.
- What is the property tax rate in Lakewood, WA?
- Owner-occupied homes in Pierce County pay a typical 0.91% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Lakewood rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).