Oak Terrace
42 Thunderbird Pky SW,
Lakewood,
WA
98498
Leasing Office:
42 Thunderbird Pkwy SW, Lakewood, WA 98498
Property Website
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Monthly Rent
$1,553 - $1,795
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Bedrooms
1 - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
680 - 975 sq ft
Pricing & Floor Plans
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Unit 113price $1,595square feet 680availibility Nov 17
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Unit 211price $1,553square feet 975availibility Now
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Unit 311price $1,795square feet 975availibility Now
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Unit 407price $1,795square feet 935availibility Dec 18
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Unit 113price $1,595square feet 680availibility Nov 17
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Unit 211price $1,553square feet 975availibility Now
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Unit 311price $1,795square feet 975availibility Now
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Unit 407price $1,795square feet 935availibility Dec 18
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.
- 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
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12 mo
Property Information
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Built in 1977
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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 attendance zone.
Unique Features
- 24-Hour Emergency Maintenance
- Online Payments Available
- Stackable Washer & Dryer
- Full Size Washer & Dryer (Select Homes)
- 2" Faux Wood Blinds
- Custom Cabinetry
- New Light Fixtures
- Laundry Facilites
- New Appliances
- New Flooring
- Carports
- Ceiling Fan
- Guest Parking
- Additional Storage Space
- Secured Building Entry
- Vinyl Plank Flooring
- Internet Access
- Large Closets
- Online Maintenance Requests
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
- Video Patrol
- Public Transportation
- Elevator
- Clubhouse
- Storage Space
- Dog Park
- Pool
- Walking/Biking Trails
- 24-Hour Emergency Maintenance
- Online Payments Available
- Stackable Washer & Dryer
- Full Size Washer & Dryer (Select Homes)
- 2" Faux Wood Blinds
- Custom Cabinetry
- New Light Fixtures
- Laundry Facilites
- New Appliances
- New Flooring
- Carports
- Ceiling Fan
- Guest Parking
- Additional Storage Space
- Secured Building Entry
- Vinyl Plank Flooring
- Internet Access
- Large Closets
- Online Maintenance Requests
- 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 |
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 Lakewood| 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 © 2025. 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: | 14 min | 8.9 mi |
| Drive: | 16 min | 9.2 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 |
|
|
Drive: | 23 min | 15.4 mi |
| Drive: | 23 min | 15.4 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: | 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 |
Property Ratings at Oak Terrace
Remodeling is nice but the water gets shut off multiple times a week for "emergencies" (sometimes without notification), washer and dryers barely work, inconvenient repairs without necessary requirements for those with health issues or disabled, staff barely communicate with one another and will charge you for things that were paid for already. The list goes on.... All that glitters isn't gold. It may look better on the outside and some newer apartments, but the issues are worse than with prior management.
Property Manager at Oak Terrace, Responded To This Review
We have a plumber on-site one week per month for the reno units. Due to age of the building there are many repairs and plumbing part replacements required and we provide notice when there's a requirement to shut off the water. If you have any other concerns please reach out to us at info@omcwa.com and we will assist you further.
Now, with the new manager, everything is cleaner and is new or remodeled. I love that they did work on the pool and that it was open this summer! The improvements keep popping up and they are really well done. The clubhouse is beautiful and cannot wait to have my kiddos party there.
Property Manager at Oak Terrace, Responded To This Review
Thank you for taking the time to leave us such a good review! We love receiving positive feedback on our community and team members!
Oak Terrace Photos
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Oak Terrace
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Oak Terrace has one to two bedrooms with rent ranges from $1,553/mo. to $1,795/mo.
Yes, to view the floor plan in person, please schedule a personal tour.
Oak Terrace is in North Lakewood in the city of Lakewood. Here you’ll find three shopping centers within 0.6 mile of the property. Five parks are within 3.3 miles, including Fort Steilacoom Park, Seeley Lake Park, and Chambers Creek Regional Park.
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
Responded To This Review