Rental market snapshot for Lakewood, California

Lakewood, California Rental Property Market Overview

Lakewood, California is a vibrant city located in Los Angeles County. With a population of 80,611 according to the US Census in 2021, Lakewood is a thriving community with a variety of amenities and attractions. It is home to a number of parks, shopping centers, restaurants, and entertainment venues, making it a great place to live and visit. Lakewood is also known for its excellent schools and safe neighborhoods, making it a great place to raise a family.

The average rent for an apartment in Lakewood is $2,670. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Lakewood California | Cost of Living

  • The most expensive ZIP code in Lakewood is 90712 with an average price of $3,121.
  • The cheapest ZIP code in Lakewood is 90715 with an average price of $2,647.

Lakewood ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
190712$3,121
290715$2,647

Live near Lakewood, California's Top Sights and Attractions

Douglas Park is a sprawling green space located in the heart of Lakewood. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park also has a skate park, a disc golf course, and a dog park. The lake is stocked with fish, and visitors can rent paddle boats and canoes. There are also plenty of benches and tables for visitors to relax and enjoy the scenery.

Mayfair Park is a large outdoor recreational area located in a sunny coastal area. It features a variety of activities for all ages, including a playground, picnic areas, walking trails, and a lake. There are also several sports fields, including baseball and soccer, as well as a skate park. The park also has a large open grassy area perfect for relaxing and enjoying the sunshine.

Coyote Creek and Bike Trail is a scenic outdoor attraction located in Lakewood, California. It is a multi-use trail that stretches for over 15 miles, winding through lush green hills and open fields. The trail is popular among hikers, bikers, and joggers, as well as those who simply want to take in the beautiful scenery. Along the trail, visitors can spot a variety of wildlife, including coyotes, hawks, and other birds. The trail also offers several rest stops, picnic areas, and restrooms for visitors to enjoy.

Palms Park is a lush green oasis located in the heart of a bustling city. It features a large lake with a walking path around it, a playground, picnic tables, and plenty of shady trees. There are also several sports fields, including a basketball court, tennis court, and baseball diamond. The park is a great place to relax, take a stroll, or enjoy a picnic with friends and family.

Jose Del Valle Park is a sprawling outdoor recreation area located in sunny Southern California. The park features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. Visitors can enjoy fishing, boating, and bird watching, as well as a variety of other activities. The park also features a skate park, a disc golf course, and a dog park. With its lush green grass and stunning views of the surrounding area, Jose Del Valle Park is a great place to spend a day outdoors.

Lakewood Nature Trail is a scenic walking path that winds through a lush, green landscape. The trail is lined with tall trees and is home to a variety of wildlife, including birds, squirrels, and other small animals. Along the way, visitors can enjoy views of a nearby lake, as well as a variety of wildflowers and other plants. The trail is also a great spot for a picnic or a leisurely stroll.

The Lakewood Army Recruiting Center is a popular attraction for those interested in learning more about the United States Army. The center offers a variety of activities and services, including a museum, a library, a theater, and a gift shop. Visitors can also take part in interactive displays and activities, such as a simulated boot camp and a virtual reality experience. The center also offers a variety of educational programs and seminars, as well as a variety of events and activities for the public.

Simon Bolivar Park is a large public park located in a suburban area. It features a variety of recreational activities, including a large playground, a basketball court, a baseball diamond, and a walking path. The park also has a picnic area, a pond, and a large grassy area perfect for a game of Frisbee or a picnic. The park is well maintained and is a great place to spend a day outdoors.

Mae Boyar Park is a beautiful outdoor space located in Lakewood, California. It features a large grassy area perfect for picnics, a playground for kids, and a basketball court. There is also a walking path that winds through the park, and plenty of trees for shade. The park is a great place to spend a sunny day with friends and family, and is a popular spot for locals.

Lakewood Equestrian Center is a premier equestrian facility located in the heart of Southern California. It features a large outdoor arena, a covered arena, and a variety of stalls, paddocks, and turnout areas. The center offers a variety of services, including boarding, lessons, training, and shows. It also hosts a variety of events, such as horse shows, clinics, and competitions. The center is a great place for horse enthusiasts of all ages and skill levels to come together and enjoy the sport.

Lakewood, California area median rent change by ZIP code map

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How does Lakewood compare to other cities in California?

citymedian price
Valley Center$3,080
Bay Point$2,999
Elk Grove$2,935
Gilroy$2,695
American Canyon$2,565
Monterey Park$2,298
Esparto$2,145
Bakersfield$1,625

Average household income in Lakewood area graph - US Census

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The median household income in Lakewood in 2021 was $102,163. This represents a 29.5% change from 2011 when the median was $78,876.

#categorypercent
0Less than $10,0002.8%
1$10,000 to $14,9992.3%
2$15,000 to $19,9992.9%
3$20,000 to $24,9992.6%
4$25,000 to $29,9992.1%
5$30,000 to $34,9992.5%
6$35,000 to $39,9992.8%
7$40,000 to $44,9993.0%
8$45,000 to $49,9993.3%
9$50,000 to $59,9995.7%
10$60,000 to $74,9997.7%
11$75,000 to $99,99914.1%
12$100,000 to $124,99913.2%
13$125,000 to $149,9999.8%
14$150,000 to $199,99914.3%
15$200,000 or more11.0%

Neighborhoods in Lakewood

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Lakewood is $2,670.
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