
Cheap Apartments for Rent in the Lake Forest Neighborhood of Lacey, WA from $900 (17 Rentals)
Cheap Apartments in the Lake Forest area of Lacey.


The Timbers Apartments

Britton Place

Lacey Park Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

6946 Axis St SE

4503 36th Ct SE
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Lake Forest, Lacey, WA Local Guide

How much does it cost to rent an apartment in Lake Forest?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Forest Studio Apartments | $2,047 | $1,388 | $3,162 |
Lake Forest 1 Bedroom Apartments | $1,761 | $1,245 | $3,002 |
Lake Forest 2 Bedroom Apartments | $2,045 | $1,400 | $4,127 |
Lake Forest 3 Bedroom Apartments | $2,483 | $1,950 | $3,098 |
Lake Forest 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 3 mile radius of the Lake Forest Neighborhood of Lacey, WA.
See all Apartments in LaceyExplore Lacey
Lake Forest, Lacey, WA Local Guide
- Nearby Lacey neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in the Lake Forest area of Lacey, WA is a 1 Bed unit found at Reserve at Lacey 55+ Affordable Living priced from $1,191. The Timbers Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Lake Forest apartments for rent in Lacey, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Reserve at Lacey 55+ Affordable Living | 1 Bed 1 Bath (A11A) | 1BR,1BA | $1,191 |
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,195 |
Emerald Greens | 1 Bedroom 1 Bath | 1BR,1BA | $1,195 |
Britton Place | PLAN A - STUDIO | Studio,1BA | $1,388 |
The Hub | Studio A.4 | Studio,1BA | $1,399 |
Best Value Apartments for Rent in Lake Forest, WA
As of May 02, 2025 the best value apartment in the Lake Forest area is the $1.69 price per square foot 3x3 Small Model at Chambers Reserve Townhomes in the in the Lexington neighborhood starting from $2,695. The second greatest value Lake Forest apartment is the Three Bedroom Two Bath Model at Emerald Pointe Apartments starting at $2,145 with a $1.68 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Chambers Reserve Townhomes | 3x3 Small | 3BR,3BA | $1.69 |
Emerald Pointe Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.68 |
Regency Apartments | 2B 2B small | 2BR,2BA | $1.79 |
The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.74 |
Capitol City Apartments | 2 x 1 | 2BR,1BA | $1.53 |
College Pointe Apartments | 2x1 E | 2BR,1BA | $1.72 |
Nisqually Ridge | 2 Bed 2 Bath B | 2BR,2BA | $2.06 |
The Madison | Adams | 1BR,1BA | $1.99 |
7304 20th Ave SE, Unit D | 7304 20th Ave SE | 2BR,1BA | $1.87 |
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $2.06 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleLake Forest, Lacey, WA
Ranked #2
Among neighborhoods in Lacey, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Lake Forest, Lacey, WA
School data provided by Great Schools
Getting Around the Lake Forest Neighborhood in Lacey, WA
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Lake Forest Apartments
What is a cheap apartment in Lake Forest?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Forest is under $1,650.
What is the price of a cheap apartment in Lake Forest?
The cheapest apartment in Lake Forest is Reserve at Lacey 55+ Affordable Living which is listed at $1,191, while the average apartment in Lake Forest costs $2,995.
What types of apartments are the cheapest in Lake Forest?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Lake Forest that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Forest?
Cheap apartments in Lake Forest have an average cost of $147 which is $2,848 cheaper than the average rent for all rentals in Lake Forest.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.