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Rent by ZIP · Pierce County

Rent in Lakewood, WA 98498

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,870 (+0.5% vs FY2026). Renters in this ZIP code pay a median $1,711 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,350$1,340+0.7%$1,215–1,485$948 ±$533
1 bedroom$1,520$1,510+0.7%$1,368–1,672$1,410 ±$184
2 bedrooms$1,870$1,860+0.5%$1,683–2,057$1,729 ±$102
3 bedrooms$2,580$2,600-0.8%$2,322–2,838$2,453 ±$236
4 bedrooms$2,920$2,970-1.7%$2,628–3,212$2,881 ±$303

Small Area FMRs for the Tacoma, WA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Tacoma, WA HUD Metro FMR Area, 2 bedrooms: $2,064.

What renters pay in 98498

Median gross rent$1,711±$88 · all sizes
Renter households4,28236% of occupied homes
No cash rent187households

How rents are spread

Under $1,00010%
$1,000–1,49926%
$1,500–1,99933%
$2,000–2,49915%
$2,500–2,9999%
$3,000–3,4994%
$3,500+3%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
98499Lakewood$1,830$1,587
98467University Place$1,880$1,745
98466Tacoma$2,070$1,797
98465Tacoma$1,790$1,766
98446Tacoma$2,270$1,938
98445Tacoma$2,050$1,751

Fair Market Rents across Pierce County, WA · All WA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.