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Rental Market Trends in Lakewood, CA

Updated September 2026

The average rent in Lakewood, CA is $1,987/month.

Rent in Lakewood is 19% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.

$1,987/month

Average Rent

656 Sq Ft

Average Size

+2.3%

Change / Year

284

Available Apartments

Lakewood rent varies by unit size and layout:

  • Studio apartments in Lakewood average $1,556 per month.
  • One-bedroom apartments in Lakewood average $1,987 per month.
  • Two-bedroom apartments in Lakewood average $2,478 per month.
  • Three-bedroom apartments in Lakewood average $2,958 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,556/month
544 Sq Ft
One Bedroom
$1,987/month
656 Sq Ft
Two Bedroom
$2,478/month
899 Sq Ft
Three Bedroom
$2,958/month
1,094 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,942/month
397 Sq Ft
Two Bedroom
$3,053/month
986 Sq Ft
Three Bedroom
$4,031/month
1,366 Sq Ft
Four Bedroom
$5,437/month
1,944 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,539/month
1,292 Sq Ft
View Lakewood Apartments

How much has average rent changed in Lakewood, CA?

In the past year, rent has increased by 2.3%, which averages out to $47 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lakewood, CA

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lakewood, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
7% $1,001 - $1,500/month
39% $1,501 - $2,000/month
54% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lakewood?

Based on current rent prices, Lakewood Country Club is the most affordable neighborhood in Lakewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakewood Country Club
$2,177/month
644 Sq Ft

What are the most expensive neighborhoods in Lakewood?

Based on current rent prices, Lakewood Country Club is the most expensive neighborhood in Lakewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakewood Country Club
$2,177/month
644 Sq Ft

Which Lakewood neighborhoods have the most rentals available?

The neighborhood in Lakewood with the most apartments available is Lakewood Country Club .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakewood Country Club
$2,177/month
644 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lakewood, CA?

Because the average rent in Lakewood is $1,987, you’ll want to make about $6,623 per month or $79,476 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lakewood, CA

284 Available Apartments for Rent

Search for Nearby Apartments

How does Lakewood, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Lakewood, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Lakewood Area Guide

Apartment Averages

Lakewood Country Club

Lakewood, CA

Lakewood Country Club

Lakewood, CA

Studio
$1,765/month
$1,765/month
One Bedroom
$1,931/month
$1,931/month
Two Bedroom
$2,524/month
$2,524/month
Three Bedroom
$3,117/month
$3,117/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Artesia

    Artesia

    Avg Rent: $2,151/month

  • Hawaiian Gardens

    Hawaiian Gardens

    Avg Rent: $1,959/month

  • Cerritos

    Cerritos

    Avg Rent: $2,770/month

  • Bellflower

    Bellflower

    Avg Rent: $1,717/month

  • Long Beach

    Long Beach

    Avg Rent: $1,873/month

  • La Palma

    La Palma

    Avg Rent: $2,204/month

  • Signal Hill

    Signal Hill

    Avg Rent: $1,740/month

  • Los Alamitos

    Los Alamitos

    Avg Rent: $2,235/month

Apartment Communities in Lakewood We Think You'll Love

Vicino

Vicino

12350 Del Amo Blvd,
Lakewood, CA 90715

1-3 Beds | $2,185 - $3,035

Union Plaza

Union Plaza

16818 Downey Ave,
Paramount, CA 90723

1-3 Beds | $2,025 - $2,995

Villa La Paz

Villa La Paz

10453 Artesia Blvd,
Bellflower, CA 90706

Studio - 3 Beds | $2,030 - $2,675

Vio Cerritos

Vio Cerritos

18427 Studebaker Rd,
Cerritos, CA 90703

1-2 Beds | $2,193 - $3,093

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Frequently Asked Questions

What is the average rent in Lakewood?

The average rent in Lakewood is $1,987 per month, which is 19.4% higher than the national average of $1,664.

What is the average rent for a house in Lakewood?

The average rent for a house in Lakewood, CA is $4,031 per month.

Are rents going up or down in Lakewood?

Rents in Lakewood, CA are increasing, with prices up 2.3% year-over-year and $47 more per month.

What rent range is most common in Lakewood?

In Lakewood, CA, 54% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States California Lakewood Rental Trends

Methodology

† 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 September 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity