Cheap Apartments for Rent in Lacey, WA from $600 (90 Rentals)

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

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Arrow Apartments
$1,550 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,150
Total Monthly Price
$1,550 - $2,150
Studio to 2 Bedroom Apartments Available Aug 6

Arrow Apartments

7415 Hawks Prairie Rd NELacey, WA 98516
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Britton Place
Rent Specials
$1,553 - $3,116
Total Monthly Price

Total Monthly Price

Base Rent
$1,553 - $3,116
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Marq on Martin
Rent Specials
$1,579 - $2,160
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,160
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Marq on Martin

8515 Litt Dr SELacey, WA 98516
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Toscana Apartment Homes
Rent Specials
$1,592 - $2,147
Total Monthly Price

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$1,592 - $2,147
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Toscana Apartment Homes

6979 Birdseye Ave NELacey, WA 98516
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Callen
Rent Specials
$1,649 - $2,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,649 - $2,275
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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The Dakota
Rent Specials
$1,743 - $2,088
Total Monthly Price

Total Monthly Price

Base Rent
$1,743 - $2,088
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Dakota

6205 Pacific Ave SELacey, WA 98503
Corporate Housing
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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6Wood Flats
Rent Specials
$1,816 - $2,440
Total Monthly Price

Total Monthly Price

Base Rent
$1,816 - $2,440
Total Monthly Price
$1,816 - $2,440
Studio to 3 Bedroom Apartments Available Now

6Wood Flats

4410 6th Ave SELacey, WA 98503
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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

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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Golf Club Apartments
1 to 3 Bedroom Apartments

Golf Club Apartments

1130 Golf Club Rd SELacey, WA 98503
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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
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Modera Lacey
1 to 3 Bedroom Apartments

Modera Lacey

5499 15th Ave NELacey, WA 98516
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Regency Apartments
Studio to 2 Bedroom Apartments

Regency Apartments

1255 McDaniel Ln SELacey, WA 98503
Corporate Housing
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Meadowscape
Studio to 2 Bedroom Apartments

Meadowscape

7641 3rd Way SELacey, WA 98503
Military

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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The Lodge
Studio to 3 Bedroom Apartments

The Lodge

456 Carpenter Rd SELacey, WA 98503
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Serenity Apartments
Studio to 3 Bedroom Apartments

Serenity Apartments

444 Carpenter Rd SELacey, WA 98503
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Nisqually Ridge
1 to 3 Bedroom Apartments

Nisqually Ridge

110 River Ridge Dr SELacey, WA 98513

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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Lacey, WA Local Guide

Cheapest Neighborhoods for Apartments in Lacey, WA

Pricing Updated: 07/29/2026

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$2,004$1,25064
East Olympia$2,537$1,250148
Avonlea$2,547$1,29520

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 $1,295. Hawks Prairie Apartments in the Hawks Prairie neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Lacey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers Apartments1 Bedroom1BR,1BA$1,295
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR,1BA$1,420
Lacey Park ApartmentsStudioStudio,1BA$1,450
College Pointe Apartments1x1 A1BR,1BA$1,450
629 Apartments629a3Studio,1BA$1,450
Hearthstone PlaceStudioStudio,1BA$1,475
The HubStudio A.6Studio,1BA$1,499
Forest Grove ApartmentsCascade2BR,2BA$1,503
Britton PlacePLAN A - STUDIOStudio,1BA$1,553

Best Value Apartments for Rent in Lacey, WA

As of July 29, 2026 the best value apartment in the Lacey area is the $1.58 price per square foot 3x2 Town House (Shorter Garage) Model at The Vicara Apartments & Townhomes in the in the Avonlea neighborhood starting from $2,925. The second greatest value Lacey apartment is the Olympia Model at Copper Wood starting at $1,732 with a $1.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Vicara Apartments & Townhomes3x2 Town House (Shorter Garage)3BR,2BA$1.58
Copper WoodOlympia3BR,2BA$1.56
Crescent Point2x22BR,2BA$1.81
Capitol City Apartments2 x 12BR,1BA$1.79
Lansdale Pointe ApartmentsThe Ridgewood3BR,2BA$1.79
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
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 Lacey Park Apartments listed at $1,450.

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 Copper Wood and starts from $1,732.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.