
Cheap Apartments for Rent in Lacey, WA from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Lacey.


The Timbers Apartments

Lacey Park Apartments

Lakeview Apartments

Callen

Arrow Apartments

Firwood Grove Apartment LLC

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.

Britton Place

The Hub at 629

The Lodge

South Sound Villa Apartments

Silverwood

The Ashton

Golf Club Apartments

Copper Wood
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.

Emerald Greens

The Hub

Forest Grove Apartments

College Pointe Apartments

Emerald Pointe Apartments

612 S Bay Rd NE

Ensign I & II

Hearthstone Place
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.

Wilderness West Apartments

Lansdale Pointe Apartments

Tribeca

Merritt Manor

The Huntington Apartments

6236 Cate Farm Ct SE, Unit Studio Unit B

Bellwether Apartments

Ashwood Downs Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

7602 SE 3rd Ave

Diamond Head Apartments

Mulberry Place

Tanglewood Apartments

Abbey Lane

Northwood

Red Leaf Townhomes

Olympia Townhouses 325 Pattison
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.
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 | $1,568 | $1,150 | $1,721 |
| Cheap Lacey 1 Bedroom Apartments | $1,735 | $1,230 | $2,673 |
| Cheap Lacey 2 Bedroom Apartments | $2,017 | $1,425 | $3,570 |
| Cheap Lacey 3 Bedroom Apartments | $2,831 | $1,711 | $3,600 |
| Cheap Lacey 4 Bedroom Apartments | $2,268 | $1,905 | $2,995 |
Browse Top Apartments in Lacey
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Lacey, WA Local Guide
- Lacey Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lacey, WA
Pricing Updated: 01/27/2026Current 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 | $2,995 | $1,285 | 22 |
| East Olympia | $3,200 | $1,230 | 157 |
| Lake Forest | $3,600 | $1,285 | 72 |
Cheapest Available Lacey Apartments for Rent
 The cheapest available apartment rental in Lacey, WA is a 1 Bed unit found at Copper Wood in the Hawks Prairie neighborhood priced from $1,215. Capitol Club Apartments in the Lexington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here is today’s list of the most affordable Lacey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Copper Wood | 1x1 | 1BR,1BA | $1,215 |
| Capitol Club Apartments | One Bedroom | 1BR,1BA | $1,230 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,285 |
| The Hub | Studio A.7 | Studio,1BA | $1,399 |
| Lacey Park Apartments | Easily Affordable | Studio,1BA | $1,400 |
| Ensign I & II | 902 1X1 Reno | 1BR,1BA | $1,421 |
| Hearthstone Place | Studio | Studio,1BA | $1,425 |
| Abbey Lane | 1 Bed 1 Bath | 1BR,1BA | $1,450 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $1,450 |
| Wilderness West Apartments | 1B 1B | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Lacey, WA
As of January 27, 2026 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 2BR/1.5BA Model at Olympia Townhouses 325 Pattison starting at $1,575 with a $1.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chambers Reserve Townhomes | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.57 |
| Olympia Townhouses 325 Pattison | 2BR/1.5BA | 2BR,1.5BA | $1.38 |
| Abbey Rowe Apartments | Tate | 2BR,2BA | $1.69 |
| Switchback | The Adams - Top / Bottom Corner Units | 2BR,2BA | $1.99 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| Landis Pointe | 2X2 | 2BR,2BA | $1.89 |
| 4401 Saratoga Pl NE, Unit 1 | 4401 Saratoga Pl NE | 3BR,1BA | $1.89 |
| Bellwether Apartments | 2B 2B | 2BR,2BA | $1.80 |
| Sunset Gardens | 2x1 | 2BR,1BA | $1.88 |
| Copper Wood | 1x1 | 1BR,1BA | $1.71 |
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.
Best Local Schools in Lacey, WA
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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
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 $1,230 at Capitol Club 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 $1,425 at The Timbers 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 $1,711.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.