Cheap Apartments for Rent in Lacey, WA from $600 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lacey.

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Silverwood
Studio to 2 Bedroom Apartments

Silverwood

1617 Judd St SELacey, WA 98503
  • Utilities Included
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The Ashton
1 to 2 Bedroom Apartments

The Ashton

1025 Neil St NELacey, WA 98516
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Golf Club Apartments
1 to 3 Bedroom Apartments

Golf Club Apartments

1130 Golf Club Rd SELacey, WA 98503
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The Hub
Studio Apartments

The Hub

4444 6th Ave SELacey, WA 98503
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Chambers Crest
2 to 3 Bedroom Apartments

Chambers Crest

3301 College St SELacey, WA 98503
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Ashwood Downs Apartments
2 to 3 Bedroom Apartments

Ashwood Downs Apartments

1900 Ashwood Downs Ln SEOlympia, WA 98501
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7602 SE 3rd Ave
2 Bedroom Apartments

7602 SE 3rd Ave

7602 SE 3rd AveOlympia, WA 98503
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Tanglewood Apartments
2 Bedroom Apartments

Tanglewood Apartments

7817-7831 Samurai Dr SEOlympia, WA 98503
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Abbey Lane Apartments
1 to 2 Bedroom Apartments

Abbey Lane Apartments

522 Lilly Rd NEOlympia, WA 98506
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Red Leaf Townhomes
2 to 3 Bedroom Apartments

Red Leaf Townhomes

1330-1344 Fones RdOlympia, WA 98501
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Olympia Townhouses IV
2 Bedroom Apartments

Olympia Townhouses IV

325 Pattison St NEOlympia, WA 98506
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Showing Results 1-39, Page 1 of 1

Lacey, WA Local Guide

Cheapest Neighborhoods for Apartments in Lacey, WA

Pricing Updated: 03/25/2025

Current apartment rentals in the Lacey, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lacey Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Forest$3,000$1,950160
Avonlea$3,115$1,950222
East Olympia$3,195$1,995185

Cheapest Available Lacey Apartments for Rent

 

The cheapest available apartment rental in Lacey, WA is a 1 Bed unit found at Reserve at Lacey 55+ Affordable Living in the Lexington neighborhood priced from $1,191. The Timbers Apartments in the Avonlea neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Lacey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reserve at Lacey 55+ Affordable Living1 Bed 1 Bath (A11A)1BR,1BA$1,191
The Timbers Apartments1 Bedroom1BR,1BA$1,200
Capitol Club ApartmentsOne Bedroom1BR,1BA$1,225
Emerald Greens1 Bedroom 1 Bath1BR,1BA$1,295
Olympia Townhouses - 211 Pattison2BR/1.0BA2BR,1BA$1,295
Mulberry PlaceStudioStudio,1BA$1,340
Northwood2 Bed 1 Bath2BR,1BA$1,395
Britton PlacePLAN A - STUDIOStudio,1BA$1,397
The HubStudio A.4Studio,1BA$1,399
Lacey Park ApartmentsEasily AffordableStudio,1BA$1,400

Best Value Apartments for Rent in Lacey, WA

As of March 26, 2025 the best value apartment in the Lacey area is the $1.40 price per square foot 8342 49th Loop SE Model at 8342 49th Loop SE in the in the Lake Forest neighborhood starting from $3,300. The second greatest value Lacey apartment is the 6634 Axis St SE Model at 6634 Axis St SE starting at $2,885 with a $1.40 price per square foot in the Avonlea neighborhood. Here is today’s list of the best values for Lacey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8342 49th Loop SE8342 49th Loop SE5BR,3BA$1.40
6634 Axis St SE6634 Axis St SE4BR,2.5BA$1.40
8347 49th Loop SE8347 49th Loop SE3BR,2BA$1.44
7616 Rushmore Ave NE7616 Rushmore Ave NE3BR,2.5BA$1.60
8236 58th Ave SE8236 58th Ave SE3BR,2BA$1.39
Chambers Reserve Townhomes3x3 Small3BR,3BA$1.50
6Wood Flats2x2 B2BR,2BA$1.61
Capitol City Apartments2 x 22BR,2BA$1.47
The MadisonLincoln2BR,2BA$1.58
Olympia Townhouses - 211 Pattison2BR/1.0BA2BR,1BA$1.44

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lacey, WA

Ranked #28

Among cities in Washington for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lacey, WA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lacey, WA Rentals by Map

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See the most popular apartments and homes in Lacey, WA

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Getting Around Lacey, WA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lacey Apartments

What is the Cheapest Studio apartment in Lacey?

Currently the most affordable Cheap Studio Apartment in Lacey is at Mulberry Place listed at $1,340.

How much is rent for a Cheap One Bedroom Lacey Apartment?

The lowest price for a Cheap One Bedroom Lacey Apartment is $1,191 at Reserve at Lacey 55+ Affordable Living.

What is the lowest price for a Cheap Two Bedroom Lacey Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lacey is starting from $1,245 at The Timbers Apartments.

What is the most affordable Lacey Three Bedroom Apartment?

The best deal on a cheap Lacey Three Bedroom Apartment rental is at The Abbey and starts from $1,800.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.