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Updated 2 hours ago

Cherry Tree


3422 86th St S Lakewood, WA

1 - 2 Bed
•
1 Bath

672 - 720 Sq. Ft.

Available starting Nov. 15th
1 Bed • 1 Bath
$1,295
672 ft2
2 Available
Managed By: Olympic Management Company
2-04
$1,295
Available Nov 15th, 2026
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2-38
$1,295
Available Dec 1st, 2026
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2 Beds • 1 Bath
$1,395
720 ft2
1 Available
Managed By: Olympic Management Company
2-39
$1,395
Available Jan 15th, 2027
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View Rented Units
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
80
Very Walkable
Amenities
On-site Laundry
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Walk In Closets
Public Transportation
Picnic Area
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

Thanks for checking out Cherry Tree Apartments! We are a locally owned and professionally managed community, proudly situated in the heart of Lakewood, WA. Tucked away just steps from the International District, Cherry Tree offers an affordable retreat while keeping you connected to everything Lakewood has to offer.
Oak Tree Park and Wards Lake Park are just a short distance away, offering expansive areas for picnics, fishing, and family fun. Plus, with shopping, dining, and entertainment at your fingertips, the Lakewood Towne Center and Tacoma Mall are just a quick drive away, providing a wide variety of retail stores and restaurants. For commuters, Cherry Tree offers quick access to I-5, with easy routes to Tacoma, Seattle, and beyond. Public transportation options are abundant, making your daily commute stress-free. Plus, top-rated schools and the Pierce Transit station are conveniently close, adding to the ease of living in this highly desirable location. Our spacious 1- and 2-bedroom apartment homes are a great value, featuring spacious floor plans, an on-site laundry facility, and a newly renovated BBQ and picnic area.

Additional Details
Total Unit Count: 79
Last Updated: Updated 2 hours ago
Contact Number: (253) 581-0546
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Cherry Tree by bedroom type below.
1 Bedroom
Suggested income:
$46,600
per year
2 Bedroom
Suggested income:
$50,200
per year
Rent report

Cherry Tree Rent vs. Lakewood Average

 Cherry Tree      Lakewood Average
1BR
$1,295
$1,316
$0
$450
$900
$1,350
$1,800
2BR
$1,395
$1,686
$0
$550
$1,100
$1,650
$2,200

Cherry Tree is asking 2% less than the average 1 bedroom apartment in Lakewood.

If you upsized to an average priced Lakewood 2 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Lakewood studio apartment, you would pay 0% less per month.

Cherry Tree provides 6% more square footage than the average Lakewood 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Cherry Tree
1BR $1,295 $1.90 $3,885
2BR $1,395 $1.90 $4,185
Lakewood Average
Studio $1,312 $3.80 $3,935
1BR $1,316 $2.10 $3,948
2BR $1,686 $1.90 $5,058
3BR $2,509 $2.20 $7,526
4BR $3,250 $1.90 $9,750

Availability in Lakewood

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 106 2BR units on the market in Lakewood. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 34% 56% 6% 1%
Available Units in Lakewood
Studio 6
1BR 64
2BR 106
3BR 12
4BR 2
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is November 15, 2026.
What's the square footage of the available units?
The available units range from 672 to 720 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units starts at $1,295. Cherry Tree has 1 bedroom units available starting at $1,295.
Where is this property located?
This property is at 3422 86th St S in Lakewood, WA. It's 1.4 miles east from the center of Lakewood.
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