Lakeland North, Washington Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lakeland North, Washington rental market.

Lakeland North, Washington

Average Apartment Rent

$1,844

Y-o-Y Change in Average
Apartment Rent

-2.3%

As of March 2026

Compared to a year ago, Lakeland North, Washington apartments have recorded a -2.3% rent decrease.

Lakeland North, Washington Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Lakeland North $1,830 $1,814 $1,836 $1,866 $1,865 $1,888 $1,871 $1,856 $1,844
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Lakeland North
National
Jul 2023
$1,830
$1,735
Nov 2023
$1,814
$1,724
Mar 2024
$1,836
$1,729
Jul 2024
$1,866
$1,750
Nov 2024
$1,865
$1,743
Mar 2025
$1,888
$1,749
Jul 2025
$1,871
$1,763
Nov 2025
$1,856
$1,749
Mar 2026
$1,844
$1,750

Lakeland North, Washington Average Apartment Rent

Lakeland North, Washington Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 52.46%, apartments priced $1,500 - $2,000 represent the bulk of Lakeland North, Washington rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.64%.

Lakeland North, Washington Housing tenure**

Renter occupied housing units 1,223
Owner occupied housing units 3,698

Renters take up 25% of Lakeland North, Washington real estate, occupying a total of 1,223 units, while homeowners live in 3,698 properties.

Median number of rooms of renter-occupied housing units**

4.5

Renter median household income**

$91,921

Average household size of renter-occupied housing units**

3.29

Lakeland North, Washington Renter-occupied housing units by no. of bedrooms**

No bedrooms 27
1 bed 108
2 beds 440
3 beds 452
4 beds 145
5 or more beds 51

There are 452 rentals in Lakeland North, Washington with 3 beds making up the highest share of the market, at 37%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 27 units. Overall, the median number of rooms in Lakeland North, Washington homes for rent is 4.5.

Lakeland North, Washington Renter-occupied units by age of householder**

25 - 34 years 301
35 - 44 years 358
45 - 54 years 356
55 - 59 years 64
60 - 64 years 44
65 - 74 years 34
75 - 84 years 66

Most condos for rent in Lakeland North, Washington are occupied by residents in the 45 - 54 years age group (29%), followed by those in the 35 - 44 years age group (29%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 3%.

Lakeland North, Washington Renter-occupied housing units by family type**

Family households 767
Non-Family Households 456

Lakeland North, Washington Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 510
No related children of the householder under 18 713

A total of 767 apartments for rent in Lakeland North, Washington, or 63% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 510 units. All in all, the median size of a renter-occupied household in Lakeland North, Washington is 3.29.

Lakeland North, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 139
High school graduate (including equivalency) 418
Some college or associate's degree 289
Bachelor's degree or higher 377

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Lakeland North, Washington.

Lakeland North, Washington Renter-occupied units by year structure built**

Built 2010 - 2019 63
Built 2000 - 2009 265
Built 1990 - 1999 264
Built 1980 - 1989 55
Built 1970 - 1979 342
Built 1960 - 1969 148
Built 1950 - 1959 27
Built 1940 - 1949 43
Built 1939 or earlier 16

The highest share of Lakeland North, Washington apartment rentals, namely 28% or 342 units, were Built 1970 - 1979, followed by those Built 2000 - 2009 (22%, 265 units), and the ones Built 1990 - 1999 (22%, 264 units).

Lakeland North, Washington Renter-occupied units by year householder moved in**

Moved in 2021 or later 164
Moved in 2018 to 2020 361
Moved in 2010 to 2017 471
Moved in 2000 to 2009 141
Moved in 1990 to 1999 74
Moved in 1989 or earlier 12

Median year renter moved into unit 2017

Most Lakeland North, Washington renters (39%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lakeland North, Washington condos for rent is 2017.

Lakeland North, Washington Renter-occupied housing units by vehicles available**

No vehicle available 39
1 vehicle available 646
2 vehicles available 269
3 vehicles available 197
4 vehicles available 62
5 or more vehicles available 10

When it comes to transportation options, 53% of Lakeland North, Washington renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 16% have 3 vehicles available.

Lakeland North, Washington Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,385
Car, truck, or van - carpooled 160
Taxicab, motorcycle, bicycle, or other means 10
Worked at home 150

Lakeland North, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 3,017
Moved within same county 897
Moved from different county within same state 51

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lakeland North, Washington apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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