Cheap Apartments for Rent in Lacey, WA from $600 (85 Rentals)

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

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Arrow Apartments
$1,450 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,150
Total Monthly Price
$1,450 - $2,150
Studio to 2 Bedroom Apartments Available Now

Arrow Apartments

7415 Hawks Prairie Rd NELacey, WA 98516
Eco-Friendly
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Callen
$1,589 - $2,248
Total Monthly Price

Total Monthly Price

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$1,589 - $2,248
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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property at 6317 Barstow Ln SE

$1,590

Total Monthly Price

Total Monthly Price

Base Rent
$1,590
Total Monthly Price
$1,590

2 Bedroom, 3 Bath Condo for Rent

Available Now

6317 Barstow Ln SE, Unit 8

6317 Barstow Ln SE
LaceyWA98513
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Britton Place
Rent Specials
$1,603 - $2,978
Total Monthly Price

Total Monthly Price

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$1,603 - $2,978
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Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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The Elowen
Rent Specials
$1,710 - $2,630
Total Monthly Price

Total Monthly Price

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$1,710 - $2,630
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1 to 3 Bedroom Apartments Available Now

The Elowen

5224 15th Ave NELacey, WA 98516
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6Wood Flats
Rent Specials
$1,740 - $2,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,740 - $2,675
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

6Wood Flats

4410 6th Ave SELacey, WA 98503
Pet Friendly
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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.

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The Dakota
$1,783 - $2,158
Total Monthly Price

Total Monthly Price

Base Rent
$1,783 - $2,158
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

The Dakota

6205 Pacific Ave SELacey, WA 98503
Corporate Housing
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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
  • Utilities Included

Cash 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.

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Copper Wood
1 to 4 Bedroom Apartments

Copper Wood

110 Copper Wood Ln SELacey, WA 98516
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The Hub
Studio to 2 Bedroom Apartments

The Hub

4444 6th Ave SELacey, WA 98503
Military
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Nisqually Ridge
1 to 3 Bedroom Apartments

Nisqually Ridge

110 River Ridge Dr SELacey, WA 98513
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Modera Lacey
1 to 3 Bedroom Apartments

Modera Lacey

5499 15th Ave NELacey, WA 98516
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Serenity Apartments
Studio to 3 Bedroom Apartments

Serenity Apartments

444 Carpenter Rd SELacey, WA 98503
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Regency Apartments
Studio to 2 Bedroom Apartments

Regency Apartments

1255 McDaniel Ln SELacey, WA 98503
Corporate Housing

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.

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Meadowscape
Studio to 2 Bedroom Apartments

Meadowscape

7641 3rd Way SELacey, WA 98503
Military
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The Lodge
Studio to 3 Bedroom Apartments

The Lodge

456 Carpenter Rd SELacey, WA 98503

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lacey, WA Local Guide

Cheapest Neighborhoods for Apartments in Lacey, WA

Pricing Updated: 06/14/2026

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$2,495$1,20052
Avonlea$2,570$1,29526
East Olympia$2,602$1,200147

Cheapest Available Lacey Apartments for Rent

 

The cheapest available apartment rental in Lacey, WA is a 1 Bed unit found at Emerald Greens in the Hawks Prairie neighborhood priced from $1,275. The Timbers Apartments in the Avonlea neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Lacey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Greens1x1S1BR,1BA$1,275
The Timbers Apartments1 Bedroom1BR,1BA$1,295
Capitol Club ApartmentsOne Bedroom1BR,1BA$1,300
The HubStudio A.1Studio,1BA$1,399
Lacey Park ApartmentsStudio1BR,1BA$1,400
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR,1BA$1,420
College Pointe Apartments1x1 A1BR,1BA$1,450
Hearthstone PlaceStudioStudio,1BA$1,475
Forest Grove ApartmentsCascade2BR,2BA$1,503

Best Value Apartments for Rent in Lacey, WA

As of June 14, 2026 the best value apartment in the Lacey area is the $1.60 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,545. The second greatest value Lacey apartment is the The Ridgewood Model at Lansdale Pointe Apartments starting at $1,806 with a $1.79 price per square foot in the Lexington 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.
Chambers Reserve Townhomes3 Bd / 3 Ba + 1-Car Garage3BR,3BA$1.60
Lansdale Pointe ApartmentsThe Ridgewood3BR,2BA$1.79
Copper WoodSpruce B2BR,2BA$1.57
TribecaUnit B2BR,1BA$1.81
Wilderness West Apartments2B 1.5B LTH2BR,1.5BA$2.00
The TildenSapling1BR,1BA$1.94
Forest Grove ApartmentsCascade2BR,2BA$1.67
Talisman289 2X1 T2BR,1BA$2.01
College Pointe Apartments1x1 A1BR,1BA$2.04
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$2.00

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lacey, WA
Population: 50,718

Ranked #766

in US Census Population by City

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Best Local Schools in
Lacey, WA

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

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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 The Hub listed at $1,399.

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

The lowest price for a Cheap One Bedroom Lacey Apartment is $1,295 at The Timbers 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 $1,503 at Forest Grove Apartments.

What is the most affordable Lacey Three Bedroom Apartment?

The best deal on a cheap Lacey Three Bedroom Apartment rental is at Lansdale Pointe Apartments and starts from $1,806.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.