The Lodge at Peasley Canyon
32200 Military Rd S,
Federal Way, WA 98001
$1,794 - $2,350
1-3 Beds
Area Guide
Everything you love about living in Washington – the coastline, the parks, the shopping – comes together in Lakeland North, a popular suburb bordering Federal Way. Residents can quickly get to several bayside parks, including Saltwater State Park and Dash Point State Park. Shops and restaurants are plentiful, surrounding the nearby Commons at Federal Way Mall and the Outlet Collection.
Ideally located between Tacoma and Seattle, residents of Lakeland North can easily reach both cities via I-5, which extends along the west side of the neighborhood. On the east side of the neighborhood, residents will find the Auburn Municipal Airport, along with a variety of shops, grocery stores, and restaurants. During warmer months, residents head to nearby Wild Waves Theme Park, located just 10 minutes from Lakeland North.
The Japanese Garden in nearby Point Defiance Park
Residents enjoy shopping at the nearby Outlet Collection
The nearby bay provides fishing and boating opportunities
The Federal Way Barker Cabin is the oldest in the area
As of May 2026, the average apartment rent in Lakeland North is $1,649 for one bedroom, $2,171 for two bedrooms, and $2,622 for three bedrooms. Apartment rent in Lakeland North has increased by 2.2% in the past year.
1 BR
694 sq ft
Average Sq Ft
$1,649/month
Average Rent
2 BR
1,004 sq ft
Average Sq Ft
$2,171/month
Average Rent
3 BR
1,246 sq ft
Average Sq Ft
$2,622/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Lakeland North - Auburn, WA is for everyday living.
Somewhat Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Essentials are more spread out in Lakeland North - Auburn, WA, so everyday errands require more planning.
Supermarket Within a 30 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Limited Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Recreation options in Lakeland North - Auburn, WA are limited, so staying active may require more planning.
Moderate Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Lakeland North - Auburn, WA from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Few to No Nightlife Options Nearby
Nightlife
Not Noisy
Quiet Score
3,526
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.