Rent to Own Homes near Lakewood, WA

  • Five lakes! This is one city where the name actually describes the environment -- there are five lakes offering boating, water skiing, rowing and kayaking, and other water sports. The largest is American Lake, and the smallest is Seeley Lake, located in Seeley Lake Park.

Check out over 300 Lakewood, WA rent to own homes for sale, which may include auction properties, for sale by owner, and more.

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Top 14 Reasons to Live in Lakewood

  • Puget Sound! This incredibly beautiful part of the Pacific Northwest is a body of water filling a gouge in the planet caused when glaciers receded after the last ice age. From nearby Steilacoom you can catch a ferry, or go north across the Tacoma Narrows Bridge to Gig Harbor and beyond.
  • Rising home values! The median sales price for a Lakewood home as of March 2014 was at $216,994, up 10.7% from a year before. The market is primed to grow and rent to own homes could represent a good option for getting in on the action. The South Lakes and Tillicum neighborhoods might be good places to start.
  • Mount Rainier National Park! Less than half an hour away is the grandeur of this spectacular mountain. Pass through the towns of Buckley and Enumclaw as you climb up through the forest toward the snowy peak. The vacancy rate of 8.93% may mean a little searching, but to live near nature is worth it!
  • Three main retail areas! Great shopping is easy to find here. The International District, located between South 80th and 96th streets on South Tacoma Way, hosts a variety of international shops, eateries and stores. Towne Center Mall has major stores and specialty retailers, while Highway 99 that goes through town is lined with stores and restaurants. The low $752 median rent means you have more money for shopping!
  • Wide selection of rental choices! From studio apartments to large homes, there is no shortage of properties available since the 55.85% of Lakewood rents. Rent to own houses are a good way for people looking to get into home ownership to get started. Several apartment complexes are close to Highway 99, while parts of town away from the main roads, such as Interlaken, have more single-unit home rentals.
  • Even more outdoor fun! There are plenty of parks in Lakewood, offering up fun for those sunny days. Check out Harry Todd Park or Kiwanis Park for some weekend fun.
  • Great eats! Try Moonrise Cafe on Main St. SW for a great breakfast, or sample the pub grub at Ram Restaurant and Brewery on 59th Ave. SW.
  • Conveniently located housing! Lakewood is right along the Interstate 5 corridor, just about halfway between the Seattle area and Olympia. Lakewood is close to Amtrak rail lines with passenger service going both directions as well. Neighborhoods around Lake Louise and Fort Steilacoom Park face longer travel times, but the average annual appreciation rate of 9.06% means you get a great investment along with convenience.
  • Nearby natural areas! In addition to Puget Sound and Mt. Rainier, there are numerous wild natural areas close by. The South Puget Sound Wildlife Area is right in the city limits and the Nisqually National Wildlife Refuge is just a few minutes south.
  • Great coffee! Like many towns in the region, Lakewood has fantastic independent coffee shops, in addition to the national chains. Try Coffee Strong on Union Avenue SW or Cowgirl's Espresso on Bridgeport Way SW for a great cup of java.
  • Go to the movies! Lakewood is home to two large cinema multiplexes. AMC Loews Lakewood Towne Center 12 and Regal Lakewood Stadium 15 and RPX both always have a nice selection of the newest films for the movie buff in you.
  • Deals to be found! The city has not yet fully recovered from the housing downturn and still has a large number of homes in the foreclosure process. The median home value is currently $209,545. Rent to own options might be the way to go. Look for some lakefront property near American Lake or try the Mountain View neighborhood.
  • Close to big-time sports! MLB's Mariners, NFL's Seahawks, and the WNBA's Storm all have Seattle teams playing nearby.