Cheap Apartments for Rent in 98498
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SPECIAL OFFERPET FRIENDLY$1,500 - $2,100/mo
1-2 Beds
1-2 BathsStanley Estates | 12310 Interlaaken Dr SW #8efe5156a,
Lakewood, WA 98498
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PET FRIENDLY$1,695 - $1,890/mo1-2 Beds1-2 BathsThe Pointe At Lake Stilecoom | 8416 Phillips Rd SW #9,
Lakewood, WA 98498
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SPECIAL OFFERPET FRIENDLY$1,865 - $2,490/mo1-3 Beds1-2 BathsBeaumont Grand Apartment Homes | 8504 82nd St SW #8-202,
Lakewood, WA 98498
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Average Rent Trends in 98498
Rent in 98498 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,800 |
| Jul 2025 | $1,695 |
| Aug 2025 | $1,725 |
| Sep 2025 | $1,810 |
| Oct 2025 | $1,781 |
| Nov 2025 | $1,680 |
| Dec 2025 | $1,750 |
| Jan 2026 | $1,860 |
| Feb 2026 | $1,861 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,750 |
| May 2026 | $1,767 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,420 | $1,803 | $2,600 | $3,183 | $1,792 |
| Townhomes | — | $2,135 | — | — | $2,135 |
| Apartments and Condos | $1,375 | $1,995 | $2,095 | — | $1,950 |
| Houses | $2,125 | $2,289 | $2,700 | $3,183 | $2,550 |
Frequently Asked Questions about Rentals in 98498
- What is the average rent of an apartment in 98498?The average rent of an apartment in 98498 is $1,647 per month. This is about 15% lower than the national average.
- What is the average rent of a house in 98498?The average rent of a house in 98498 is $2,550 per month. This is about 32% higher than the national average.
- What is the average rent of a townhome in 98498?The average rent of a townhome in 98498 is $2,135 per month. This is about 11% higher than the national average.
- When is the average rent cheapest in 98498?In the last year, the average rent in 98498 was lowest in Apr 2025 when it was $1,550 per month.
- When is the average rent most expensive in 98498?In the last year, the average rent in 98498 was highest in Sep 2025 when it was $1,810 per month.
- How many available rental listings are in 98498?There are 55 available rental listings in 98498.
- What are some cities near 98498?Some nearby cities include: Lakewood, Steilacoom, Fort Lewis, University Place, Fircrest, Parkland. These cities may have more rental options to explore.