
Cheap Apartments for Rent in the East Olympia Neighborhood of Lacey, WA from $600 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Olympia area of Lacey.


The Timbers Apartments

Emerald Greens

Capitol Club Apartments

629 Apartments

Carpenter Crest

Lacey Park Apartments

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Arrow Apartments

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Toscana Apartment Homes

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The Marq on Martin
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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Britton Place

6115 Glen Mary Ln SE

Lakeview Village

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The Dakota

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Callen

Chambers Crest

Hogum Bay Apartments

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Martingale Apartments

Sunset Gardens
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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1126 Sleater Kinney Rd SE

1410 Josephine Ct SE

The Tilden

6102 Glen Mary Ln SE

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6Wood Flats

Karlo Apartments

8730 Hanna Ln NE

8759 Hanna Ln NE

South Sound Villa Apartments

Silverwood
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.

The Ashton

Golf Club Apartments

Copper Wood

The Hub

College Pointe Apartments

Forest Grove Apartments

Meadowscape

Firwood Grove Apartment LLC

Regency Apartments

Modera Lacey
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.

748 Old Pacific Hwy SE

Williams Court Townhomes

The Lodge

Nisqually Ridge

Olympus Court Apartments

1224 Cora St SE

Hawks Prairie Apartments

Ensign I & II

Pacific Place Apartments

Abbey Rowe Apartments
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.
East Olympia, Lacey, WA Local Guide

How much does it cost to rent an apartment in East Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Olympia Studio Apartments | $1,668 | $1,399 | $2,393 |
| East Olympia 1 Bedroom Apartments | $1,820 | $1,250 | $2,673 |
| East Olympia 2 Bedroom Apartments | $2,118 | $1,445 | $3,514 |
| East Olympia 3 Bedroom Apartments | $2,535 | $1,850 | $2,805 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 2 mile radius of the East Olympia Neighborhood of Lacey, WA.
See all Apartments in LaceyExplore Lacey
East Olympia, Lacey, WA Local Guide
- Nearby Lacey neighborhoods
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Cheapest Available East Olympia Apartments for Rent
 The cheapest available apartment rental in the East Olympia area of Lacey, WA is a 1 Bed unit found at The Timbers Apartments priced from $1,295. Hawks Prairie Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable East Olympia apartments for rent in Lacey, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,295 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,400 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $1,450 |
| Lacey Park Apartments | Studio | Studio,1BA | $1,450 |
| Copper Wood | Spruce A | 2BR,2BA | $1,491 |
| The Hub | 629a2 | Studio,1BA | $1,499 |
| 629 Apartments | 629b1 | 1BR,1BA | $1,499 |
| The Marq on Martin | A1 | 1BR,1BA | $1,531 |
| Britton Place | PLAN A - STUDIO | Studio,1BA | $1,553 |
Best Value Apartments for Rent in East Olympia, WA
As of August 05, 2026 the best value apartment in the East Olympia area is the $1.96 price per square foot 3 Bed 2 Bath Model at Serenity Apartments in the in the Lexington neighborhood starting from $2,250. The second greatest value East Olympia apartment is the 2 x 1 Model at Capitol City Apartments starting at $1,925 with a $1.85 price per square foot in the Avonlea neighborhood. Here is today’s list of the best values for East Olympia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Serenity Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.96 |
| Capitol City Apartments | 2 x 1 | 2BR,1BA | $1.85 |
| Talisman | 289 2X2 B | 2BR,2BA | $2.01 |
| Copper Wood | Spruce A | 2BR,2BA | $1.59 |
| The Tilden | Sapling | 1BR,1BA | $1.95 |
| Chambers Crest | 2x1 | 2BR,1BA | $1.83 |
| Ensign I & II | 204 2x1 renovated | 2BR,1BA | $2.07 |
| The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.07 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $2.04 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,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.
Read ArticleReal 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.
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 East Olympia, Lacey, WA
School data provided by Great Schools
Frequently Asked Questions about Cheap East Olympia Apartments
What is the Cheapest Studio apartment in East Olympia?
Currently the most affordable Cheap Studio Apartment in East Olympia is at Lacey Park Apartments listed at $1,450.
How much is rent for a Cheap One Bedroom East Olympia Apartment?
The lowest price for a Cheap One Bedroom East Olympia Apartment is $1,295 at The Timbers Apartments.
What is the lowest price for a Cheap Two Bedroom East Olympia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in East Olympia is starting from $1,475 at The Timbers Apartments.
What is the most affordable East Olympia Three Bedroom Apartment?
The best deal on a cheap East Olympia 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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.
