The Lexington
8720 58th Ave SW,
Lakewood, WA 98499
$1,650 - $2,100
1-3 Beds
Nestled about eight miles south of Tacoma, North Lakewood is a quiet suburban neighborhood engulfed in lush evergreen trees. North Lakewood touts an array of affordable houses, condos, and apartments available for rent near scenic green spaces and convenient shopping centers.
The neighborhood borders the sprawling Chambers Creek, which boasts miles of trails, saltwater shoreline, and stunning views. North Lakewood also hosts the largest joint military base on the West Coast, serving as a hub for the Tacoma, Seattle, and Olympia ports. Convenience to I-5 affords residents simple commutes and travels on a regular basis.
As of March 2026, the average apartment rent in North Lakewood is $1,190 for a studio, $1,376 for one bedroom, $1,775 for two bedrooms, and $2,305 for three bedrooms. Apartment rent in North Lakewood has increased by 1.9% in the past year.
Studio
460 sq ft
Average Sq Ft
$1,190/month
Average Rent
1 BR
620 sq ft
Average Sq Ft
$1,376/month
Average Rent
2 BR
904 sq ft
Average Sq Ft
$1,775/month
Average Rent
3 BR
1,214 sq ft
Average Sq Ft
$2,305/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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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.