Oak Terrace
42 Thunderbird Pky SW,
Lakewood,
WA
98498
Leasing Office:
42 Thunderbird Pkwy SW, Lakewood, WA 98498
-
Monthly Rent
$1,247 - $1,995
-
Bedrooms
1 - 2 bd
-
Bathrooms
1 - 2 ba
-
Square Feet
680 - 1,029 sq ft
Highlights
- English and Spanish Speaking Staff
- Pool
- Walking/Biking Trails
- Fireplace
- Dog Park
- Elevator
- Balcony
- Patio
Pricing & Floor Plans
-
Unit 121price $1,247square feet 680availibility Now
-
Unit 114price $1,525square feet 680availibility Now
-
Unit 111price $1,575square feet 680availibility Apr 18
-
Unit 202price $1,334square feet 865availibility Now
-
Unit 117price $1,595square feet 865availibility Now
-
Unit 102price $1,725square feet 865availibility Now
-
Unit 320price $1,995square feet 1,029availibility Now
-
Unit 210price $1,895square feet 865availibility Apr 18
-
Unit 121price $1,247square feet 680availibility Now
-
Unit 114price $1,525square feet 680availibility Now
-
Unit 111price $1,575square feet 680availibility Apr 18
-
Unit 202price $1,334square feet 865availibility Now
-
Unit 117price $1,595square feet 865availibility Now
-
Unit 102price $1,725square feet 865availibility Now
-
Unit 320price $1,995square feet 1,029availibility Now
-
Unit 210price $1,895square feet 865availibility Apr 18
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
-
Utilities & Essentials
-
Water/Sewer/GarbageCharged per unit.Usage-Based
-
-
Dogs
-
Allowed
-
-
Cats
-
Allowed
-
-
CarportCarports: $35-$50 | Uncovered Parking: Free
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
-
12 mo
Property Information
-
Built in 1977
-
91 units/4 stories
About Oak Terrace
Thanks for checking out Oak Terrace Apartments! We are a locally owned and professionally managed community, proudly situated in the heart of Lakewood, WA. Tucked away in a peaceful, residential neighborhood, Oak Terrace offers a serene retreat while keeping you connected to everything Lakewood has to offer. Our location is second to none, just moments from the breathtaking shores of American Lake and surrounded by lush green spaces. Whether you enjoy hiking, biking, or simply relaxing in nature, you’ll find scenic parks and nature trails nearby, perfect for outdoor adventures. Lakewood Gardens and Harry Todd Park are just a short distance away, offering expansive areas for picnics, fishing, and family fun. Plus, with shopping, dining, and entertainment at your fingertips, the Lakewood Towne Center and Tacoma Mall are just a quick drive away, providing a wide variety of retail stores and restaurants. For commuters, Oak Terrace offers quick access to I-5, with easy routes to Tacoma, Seattle, and beyond. Public transportation options are abundant, making your daily commute stress-free. Plus, top-rated schools and the Pierce Transit station are conveniently close, adding to the ease of living in this highly desirable location. Our spacious 1- and 2-bedroom apartment homes are designed for comfort and style, offering exceptional value. Each unit features a private patio or balcony, custom cabinetry, hard surface countertops, stainless steel appliances, vinyl plank flooring, and a cozy wood-burning fireplace. Large closets offer ample storage space for your convenience. Our community is packed with amenities to enhance your lifestyle, including a clubhouse with a TV room, a seasonal heated swimming pool, smart package lockers, a dog park, and covered parking. Enjoy peace of mind with secured building entry and video surveillance, ensuring safety and convenience for all of our residents.
Oak Terrace is an apartment community located in Pierce County and the 98498 ZIP Code. This area is served by the Clover Park School District attendance zone.
Unique Features
- 2" Faux Wood Blinds
- 24/7 Emergency Maintenance
- Additional Storage Space
- Carports
- Ceiling Fan
- Custom Cabinetry
- Full Size Washer & Dryer (Select Homes)
- Guest Parking
- Internet Access
- Large Closets
- Laundry Facilites
- New Appliances
- New Flooring
- New Light Fixtures
- Online Maintenance Requests
- Online Payments Available
- Secured Building Entry
- Stackable Washer & Dryer
- Vinyl Plank Flooring
Contact
Community Amenities
Pool
Elevator
Clubhouse
Walking/Biking Trails
- Video Patrol
- Public Transportation
- Elevator
- Clubhouse
- Storage Space
- Pool
- Walking/Biking Trails
- Dog Park
Apartment Features
Fireplace
Patio
Stainless Steel Appliances
Ceiling Fans
- Heating
- Ceiling Fans
- Smoke Free
- Fireplace
- Stainless Steel Appliances
- Balcony
- Patio
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.
Learn more about living in North LakewoodCompare neighborhood and city base rent averages by bedroom.
| North Lakewood | Lakewood, WA | |
|---|---|---|
| Studio | $1,187 | $1,093 |
| 1 Bedroom | $1,386 | $1,280 |
| 2 Bedrooms | $1,775 | $1,607 |
| 3 Bedrooms | $2,332 | $2,249 |
- Video Patrol
- Public Transportation
- Elevator
- Clubhouse
- Storage Space
- Dog Park
- Pool
- Walking/Biking Trails
- 2" Faux Wood Blinds
- 24/7 Emergency Maintenance
- Additional Storage Space
- Carports
- Ceiling Fan
- Custom Cabinetry
- Full Size Washer & Dryer (Select Homes)
- Guest Parking
- Internet Access
- Large Closets
- Laundry Facilites
- New Appliances
- New Flooring
- New Light Fixtures
- Online Maintenance Requests
- Online Payments Available
- Secured Building Entry
- Stackable Washer & Dryer
- Vinyl Plank Flooring
- Heating
- Ceiling Fans
- Smoke Free
- Fireplace
- Stainless Steel Appliances
- Balcony
- Patio
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | 9am - 5pm |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 6 min | 2.2 mi | |
| Drive: | 6 min | 2.8 mi | |
| Drive: | 15 min | 7.0 mi | |
| Drive: | 13 min | 7.4 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Lakewood include St Joseph, located 8.4 miles from Oak Terrace. Oak Terrace is near Seattle-Tacoma International, located 29.5 miles or 45 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
| Drive: | 15 min | 8.4 mi | |
|
|
Drive: | 14 min | 8.5 mi |
| Drive: | 15 min | 8.9 mi | |
| Drive: | 16 min | 9.2 mi | |
|
|
Drive: | 15 min | 9.3 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
| Drive: | 9 min | 4.0 mi | |
| Drive: | 8 min | 4.6 mi | |
|
|
Drive: | 15 min | 8.8 mi |
|
Olympia-Lacey Amtrak Station
|
Drive: | 41 min | 23.8 mi |
|
|
Drive: | 54 min | 40.0 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Seattle-Tacoma International
|
Drive: | 45 min | 29.5 mi |
Time and distance from Oak Terrace.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 2 min | 0.1 mi | |
| Walk: | 8 min | 0.4 mi | |
| Walk: | 10 min | 0.6 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Fort Steilacoom Park
|
Walk: | 18 min | 1.0 mi |
|
Seeley Lake Park
|
Drive: | 4 min | 2.2 mi |
|
Chambers Creek Regional Park
|
Drive: | 7 min | 3.1 mi |
|
Chambers Creek Regional Park
|
Drive: | 6 min | 3.2 mi |
|
Lakewold Gardens
|
Drive: | 8 min | 3.3 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 7 min | 3.2 mi | |
| Drive: | 17 min | 7.2 mi | |
| Drive: | 15 min | 8.7 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 13 min | 5.4 mi | |
| Drive: | 15 min | 7.1 mi | |
| Drive: | 30 min | 12.4 mi |
Oak Terrace Photos
-
Oak Terrace
-
-
-
-
-
-
-
-
Nearby Apartments
Within 50 Miles of Oak Terrace
-
Southridge
2700 S Meridian
Puyallup, WA 98373
$1,550 - $1,900
1-2 Br 11.8 mi
-
Switchback
7127 32nd Ave NE
Olympia, WA 98516
$1,795 - $2,225
1-2 Br 13.5 mi
-
Copper Leaf Residences
4502 Henderson Blvd SE
Olympia, WA 98501
$2,145 - $2,899
2-3 Br 20.0 mi
-
Silver Leaf Residences - A 55+ Community
4520 Henderson Blvd SE
Olympia, WA 98501
$1,558 - $3,299
1-4 Br 20.0 mi
-
Parkside Executive Townhomes at Briggs
4511 Briggs Dr SE
Olympia, WA 98501
$2,625
3 Br 20.1 mi
-
Summit Vista
1410 Wendell Ave SE
Port Orchard, WA 98366
$1,900
1 Br 24.6 mi
Oak Terrace does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at Oak Terrace. Contact this property for details.
Oak Terrace has one to two-bedrooms with rent ranges from $1,247/mo. to $1,995/mo.
Yes, Oak Terrace welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,247 for a one-bedroom, you would need to earn about $49,880 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Oak Terrace is offering 1 Month Free for eligible applicants, with rental rates starting at $1,247.
While Oak Terrace does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
Property Manager Responded