Market Summary

Lakewood, Pierce County, WA

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Median Home Price Price

$502,264 $502.3K

Median Monthly Rent Rent

$2,004 $2K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Pierce County

Region Price Rent GRM Display
$550,262 $2,610 18.0x
$584,473 $2,165 22.0x
$545,710 $2,206 21.0x
$515,174 $2,223 19.0x
$615,381 $2,123 24.0x
$660,586 $2,662 21.0x
$471,786 $2,244 17.0x
$478,278 $1,919 21.0x
$577,012 $1,176 41.0x
$569,216 $2,222 21.0x
$522,316 $2,226 19.0x
$554,993 $2,276 20.0x
$496,536 $2,189 19.0x
$570,527 $2,225 21.0x
$455,553 $2,229 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within WA outside of Pierce County

Region Price Rent GRM Display
$498,454 $2,038 20.0x
$592,391 $2,432 20.0x
$526,180 $1,980 22.0x
$521,409 $2,241 19.0x
$594,518 $1,846 27.0x
$579,697 $2,118 23.0x
$512,913 $1,974 22.0x
$474,179 $1,917 21.0x
$588,694 $2,216 22.0x
$623,027 $1,984 26.0x
$568,857 $2,233 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of WA

Region Price Rent GRM Display
$480,856 $2,056 19.0x
$442,288 $2,151 17.0x
$1,049,163 $2,129 41.0x
$525,711 $2,129 21.0x
$537,001 $1,903 23.0x
$739,918 $2,042 30.0x
$403,120 $2,019 17.0x
$926,556 $4,065 19.0x

Home prices

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Monthly rent

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GRM

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Lakewood

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Trend Insights

Median Rent in Lakewood, WA is $2,004, with MoM change +$14 and YoY change +$69 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lakewood, WA.

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Metric
Base market Lakewood, WA
Compare market Select a market
Delta vs base
Median rent
$2,004
N/A
Median price
$502,264
N/A
YoY change
+$69
N/A
Price-to-rent
20.9x
Data unavailable
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