Rent pulse
Rents in Lakewood are $221 below the Pierce County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
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Most reviewed
19 Google reviews, 4.1★
Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.
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8509 Steilacoom Blvd SW Ste A, Lakewood, WA 98498
PMI Cascade is a PMI franchise office in Lakewood that manages single-family homes and homeowner associations in Tacoma and Lakewood, with marketing, tenant screening, rent collection, maintenance, inspections and evictions.
Review summary: Reviewers, many from HOA boards, mention a responsive, fair and knowledgeable management team.
TSP Management, founded in 2009 and based in Lakewood, is a real estate brokerage and property management company serving owners and investors across King, Pierce, Snohomish and Thurston counties, managing single-family, multi-family and commercial properties.
In their words: “Because we specialize in both brokerage and property management, we bring more experience, knowledge, and resources to the table.”
Review summary: Most reviewers, mainly renters, describe quick responses to questions and repair requests, though a couple report poor communication.
5515 Steilacoom Blvd SW, Lakewood, WA 98499
North Realty Brokers is a Lakewood brokerage managing rental homes in Tacoma, Lakewood, Puyallup and across Pierce and King counties, with marketing and leasing, tenant screening, maintenance and inspections, financial reporting and compliance.
In their words: “Same job either way: run the property properly, tell you what's actually happening, and keep the paperwork right for whichever city it sits in.”
10116 36th Ave Ct SW Suite 105, Lakewood, WA 98499
Real Property Management Solvera is a Lakewood office of the Real Property Management franchise, managing single-family homes in Lakewood, Tacoma, University Place, Puyallup, Gig Harbor, Bonney Lake and Edgewood, with tenant screening, leasing, maintenance, evictions and property evaluations.
In their words: “We check credit and background to make sure prospective tenants are qualified.”
5515 Steilacoom Blvd SW, Lakewood, WA 98499
Modern Property Management, based in Lakewood, manages single-family homes and small commercial properties in the Tacoma, Lakewood and Puyallup region of Pierce and King counties, with marketing and leasing, tenant screening, maintenance, inspections and financial reporting.
In their words: “Same job either way: run the property properly, tell you what's actually happening, and keep the paperwork right for whichever city it sits in.”
7609 Steilacoom Blvd SW Ste 300A, Lakewood, WA 98498
Real Estate Investment Services, known as REIS, is a Lakewood company offering real estate property management and sales, with rental homes and apartment communities among the properties it handles.
7403 Lakewood Dr W Ste 9, Lakewood, WA 98499
5 Star Property Management is a property management company with an office in Lakewood, Washington, managing rental properties for owners and also helping clients with real estate sales.
Review summary: Most reviewers describe a hands-on owner who handles both rental management and home sales with skill and good humor.
9702 S Tacoma Way #106, Lakewood, WA 98499
BCI Properties, based in Lakewood, is a real estate brokerage and property management company serving King, Pierce and Thurston counties since 1992, handling tenant screening, rent collection, maintenance coordination and legal compliance for residential and investment properties.
7521 Bridgeport Way W #A, Lakewood, WA 98499
Rainier Rentals Property Management has served the South Puget Sound since 1975 from Lakewood, managing homes, apartments, condos, duplexes and townhouses in Pierce County, Tacoma, Puyallup, Gig Harbor and nearby areas.
In their words: “We have managed and assisted thousands of local homeowners with their rental properties.”
Willow Properties has served Pierce County since 1987 from Lakewood, managing single-family homes, townhouses, duplexes, condos, small apartment communities and HOAs in Tacoma, University Place, Steilacoom, Parkland, DuPont and Spanaway, with marketing, screening, rent collection, maintenance and financial reporting.
In their words: “We conduct surveys upon move-in and move-out that include documentation of the property’s condition and ensure all maintenance issues are addressed in a timely manner.”
Review summary: Most reviewers, largely tenants, describe kind, responsive staff, clear communication and timely maintenance, though a few report steep move-out charges.
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Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the Lakewood area" and get no pin.
Get the latest rental and real estate data on the Lakewood market. We update these charts with the latest data on the 22nd of each month.
Rents in Lakewood are $221 below the Pierce County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rent rose in 7 of the last 12 months: +$27 in all since Oct 2025.
Green: rent went up that month. Grey: it went down.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Lakewood's typical asking rent is $221 (11.3%) below the county. The gap is growing compared with a year ago.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Lakewood is number 14 of 14 cities in the county by typical asking rent.
Cities with at least 13 months of Zillow data. Left out (too few months): Clover Creek, Midland, Milton, Orting, Steilacoom, Summit. Linked cities have their own page.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, 1-year change. Data through September 2026.
Rents here usually rise most in April, May and June, so those are good months to list your rental.
Average change from the month before, 11 years of data.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
| City | Typical rent | 1 year | Managers |
|---|---|---|---|
| Lakewood | $1,734 | +1.6% | 10 |
| Steilacoom | $1,805 | 0 | |
| University Place | $1,916 | +4.6% | 2 |
| Parkland | $1,759 | +0.2% | 0 |
| Spanaway | $2,733 | +3.5% | 1 |
| DuPont | $2,627 | +2.7% | 1 |
| Tacoma | $1,773 | +2.1% | 27 |
Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Tacoma, WA HUD Metro FMR Area. Used to set Housing Choice Voucher (Section 8) limits.
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Compare the 10 property management companies in Lakewood, Pierce County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step. Highly rated managers based nearby, in Tacoma and Olympia, are listed below the local companies.
Zillow's typical asking rent in Lakewood is $1,734 (September 2026); +1.6% over the past year and +14.2% over five years. About 52.5% of homes in Lakewood are rented, and the rental vacancy rate is 6.7% (Census, 2020-2024).
We list 10 property management companies in Lakewood, WA.
Zillow's typical asking rent in Lakewood was $1,734 a month in September 2026, +1.6% on a year earlier.
Over the 11 years Zillow has tracked, asking rents here have risen most in April, May and June. Listing in those months can help, but every property is different.
Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.
The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.
Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.