The median home in Lakewood, Washington is valued at $506,099, down 0.7% year over year. Typical monthly rent is $1,716, producing a price-to-rent ratio of 24.6x — well above the national average of 18x. Lakewood is part of the Seattle-Tacoma-Bellevue, WA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Seattle-Tacoma-Bellevue, WA stress score, crash risk, and 12-month forecast →

Home Value$506,099

-0.7%

Rent$1,716/mo

AFFORDABILITY

Enter your income for Lakewood.

Income (annual)

Down Payment

$101,220 on $506,099

Out of reach — 49.4% of income

Need $132,386/yr to afford.

PITI$3,089

P/I49.4%

Afford$287K

Gap-$219K

P&I $2,559Tax $413Ins $117

Renting $1,373/mo cheaper ($1,716 rent)6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Washington

Compare Lakewood with other housing markets across Washington.

Hunts Point$7980K Medina$4383K Yarrow Point$4207K Clyde Hill$4012K Beaux Arts Village$2758K Woodway$2301K Mercer Island$2243K Sammamish$1569K

Full Seattle-Tacoma-Bellevue, WA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Seattle-Tacoma-Bellevue, WA metro.

View Seattle-Tacoma-Bellevue, WA metro →

LAKEWOOD, WA