Cheap Apartments for Rent in Lacey, WA from $600 (44 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
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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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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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Red Leaf Townhomes
2 to 3 Bedroom Apartments

Red Leaf Townhomes

1330-1344 Fones RdOlympia, WA 98501
Showing Results 1-44, Page 1 of 1

Lacey, WA Local Guide

Cheapest Neighborhoods for Apartments in Lacey, WA

Pricing Updated: 03/17/2025

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$2,353$1,2501558
Avonlea$2,949$1,3001199
East Olympia$2,949$9572629

Cheapest Available Lacey Apartments for Rent

 

The cheapest available apartment rental in Lacey, WA is a 1 Bed unit found at Capitol Club Apartments in the Lexington neighborhood priced from $1,175. Reserve at Lacey 55+ Affordable Living in the Lexington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,191. Here is today’s list of the most affordable Lacey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capitol Club ApartmentsOne Bedroom1BR,1BA$1,175
Reserve at Lacey 55+ Affordable Living1 Bed 1 Bath (A11A)1BR,1BA$1,191
The Timbers Apartments1 Bedroom1BR,1BA$1,200
Emerald Greens1 Bedroom 1 Bath1BR,1BA$1,295
211 Pattison St NE2BR/1.0BA2BR,1BA$1,335
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 18, 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
Chambers Reserve Townhomes4X34BR,3BA$1.51
8347 49th Loop SE8347 49th Loop SE3BR,2BA$1.49
7616 Rushmore Ave NE7616 Rushmore Ave NE3BR,2.5BA$1.60
8236 58th Ave SE8236 58th Ave SE3BR,2BA$1.39
9035 Steilacoom Rd SE, Unit A9035 Steilacoom Rd SE3BR,2BA$1.62
The MadisonLincoln2BR,2BA$1.66
211 Pattison St NE2BR/1.0BA2BR,1BA$1.48
Northwood2 Bed 1 Bath2BR,1BA$1.62

Quick Rent Budget Calculator

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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 $1,175 at Capitol Club Apartments.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.