
Cheap Homes for Rent in Lake Forest Neighborhood of Lacey, WA from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Lacey.


4816 Carpenter Rd SE

5305 22nd Ave SE
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1474 Diamond Rd SE

623 School St SE

4405 Quail Dr SE

4904 14th Ave SE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

7816 Samurai Dr SE
Lake Forest, Lacey, WA Local Guide

How much does it cost to rent a home in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest 2 Bedroom Homes for Rent | $2,255 | $1,695 | $2,500 |
| Lake Forest 3 Bedroom Homes for Rent | $2,453 | $1,850 | $3,500 |
| Lake Forest 4 Bedroom Homes for Rent | $2,823 | $2,450 | $3,200 |
| Lake Forest 5 Bedroom Homes for Rent | $2,805 | $2,805 | $2,805 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 3 mile radius of the Lake Forest Neighborhood of Lacey, WA.
Explore Lacey
Lake Forest, Lacey, WA Local Guide
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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 The Timbers Apartments priced from $1,285. The Hub has the second lowest priced unit, which is a Studio apartment currently listed from $1,399. Here are the most affordable Lake Forest apartments for rent in Lacey, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,285 |
| The Hub | Studio A.7 | Studio,1BA | $1,399 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 |
Best Value Apartments for Rent in Lake Forest, WA
As of December 24, 2025 the best value apartment in the Lake Forest area is the $1.82 price per square foot 2B 2B small Model at Regency Apartments in the in the Lexington neighborhood starting from $2,005. The second greatest value Lake Forest apartment is the 2x1 Model at Sunset Gardens starting at $1,675 with a $1.88 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. |
|---|---|---|---|
| Regency Apartments | 2B 2B small | 2BR,2BA | $1.82 |
| Sunset Gardens | 2x1 | 2BR,1BA | $1.88 |
| The Madison | Jefferson | 1BR,1BA | $2.27 |
| The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.06 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $2.12 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $2.04 |
| Serenity Apartments | 1 Bed 1 Bath (B) | 1BR,1BA | $2.33 |
| Nisqually Ridge | 1 Bed 1 Bath B | 1BR,1BA | $2.27 |
| The Marq on Martin Apartments | A1 | 1BR,1BA | $2.51 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $2.22 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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 #3
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lake Forest, Lacey, WA
School data provided by Great Schools
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 68 Apartments for Rent in Lake Forest, WA with pricing that ranges from $1,300 to $3,600. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,500 to $3,500.
What is the current price range for Rental Homes in Lake Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,500 to $3,500 with an average monthly rent of $2,367.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
