
Cheap Apartments for Rent in Lacey, WA from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Lacey.


Capitol Club Apartments

Lacey Park Apartments

Carpenter Crest

The Hub at 629

Arrow Apartments

Toscana Apartment Homes
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.

Meadowscape
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.

612 S Bay Rd NE

Hearthstone Place

Wilderness West Apartments
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.

Lansdale Pointe Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Lacey, WA Local Guide

How much does it cost to rent an apartment in Lacey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Cheap Lacey Studio Apartments | $1,556 | $1,200 | $1,999 | 
| Cheap Lacey 1 Bedroom Apartments | $1,751 | $1,240 | $2,430 | 
| Cheap Lacey 2 Bedroom Apartments | $2,010 | $1,475 | $3,216 | 
| Cheap Lacey 3 Bedroom Apartments | $2,906 | $1,700 | $3,600 | 
| Cheap Lacey 4 Bedroom Apartments | $2,160 | $1,914 | $2,899 | 
Browse Top Apartments in Lacey
See all Apartments in LaceyExplore Lacey
Lacey, WA Local Guide
- Lacey Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lacey, WA
Pricing Updated: 10/31/2025Current 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:
| Neighborhood | Median Price | Min Price | Available Units | 
|---|---|---|---|
| Avonlea | $2,899 | $1,240 | 26 | 
| East Olympia | $3,600 | $1,240 | 171 | 
| Lake Forest | $3,600 | $1,240 | 83 | 
Cheapest Available Lacey Apartments for Rent
 The cheapest available apartment rental in Lacey, WA is a 1 Bed unit found at The Timbers Apartments in the Avonlea neighborhood priced from $1,240. Capitol Club Apartments in the Lexington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Lacey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,240 | 
| Capitol Club Apartments | One Bedroom | 1BR,1BA | $1,300 | 
| Lacey Park Apartments | Easily Affordable | Studio,1BA | $1,300 | 
| The Hub | Studio A.7 | Studio,1BA | $1,399 | 
| College Pointe Apartments | 1x1 A | 1BR,1BA | $1,415 | 
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 | 
| Forest Grove Apartments | Cascade | 2BR,2BA | $1,420 | 
| Abbey Lane | 2 Bed 1 Bath | 2BR,1BA | $1,450 | 
| Wilderness West Apartments | 1B Loft 1B | 1BR,1BA | $1,450 | 
| The Hub at 629 | 629a2 | Studio,1BA | $1,474 | 
Best Value Apartments for Rent in Lacey, WA
As of October 31, 2025 the best value apartment in the Lacey area is the $1.57 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,495. The second greatest value Lacey apartment is the Chehalis Model at Hawks Prairie starting at $1,895 with a $1.58 price per square foot in the Hawks Prairie neighborhood. Here is today’s list of the best values for Lacey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Chambers Reserve Townhomes | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.57 | 
| Hawks Prairie | Chehalis | 2BR,1.5BA | $1.58 | 
| Regency Apartments | 2B 2B small | 2BR,2BA | $1.82 | 
| Crescent Point Apartments | 2x2 | 2BR,2BA | $1.77 | 
| Capitol City Apartments | 2 x 1 | 2BR,1BA | $1.73 | 
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.71 | 
| Firwood Grove Apartment LLC | 2BR/2.0BA | 2BR,2BA | $1.59 | 
| Emerald Pointe Apartments | Two Bedroom One Bath | 2BR,1BA | $1.86 | 
| Forest Grove Apartments | Cascade | 2BR,2BA | $1.58 | 
| Northwood | 2 Bed 1 Bath | 2BR,1BA | $1.74 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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 LifestyleLacey, WA
Ranked #37
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
See the most popular apartments and homes in Lacey, WA
Getting Around Lacey, WA
Walk Score®
48 / 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 a cheap apartment in Lacey?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lacey is under $1,474.
What is the price of a cheap apartment in Lacey?
The cheapest apartment in Lacey is The Timbers Apartments which is listed at $1,240, while the average apartment in Lacey costs $3,366.
What types of apartments are the cheapest in Lacey?
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 6 regular apartments in Lacey 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 Lacey?
Cheap apartments in Lacey have an average cost of $243 which is $3,123 cheaper than the average rent for all rentals in Lacey.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.


















