Cheap Apartments for Rent in the East Olympia Neighborhood of Lacey, WA from $662 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Olympia area of Lacey.

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Britton Place
Rent Specials
$1,515 - $3,146

Total Monthly Price

Base Rent$1,515 - $3,146

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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Arrow Apartments
$1,525 - $2,150

Total Monthly Price

Base Rent$1,525 - $2,150

Total Monthly Price$1,525 - $2,150
Studio to 2 Bedroom Apartments Available Sep 26

Arrow Apartments

7415 Hawks Prairie Rd 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
$1,543 - $2,316

Total Monthly Price

Base Rent$1,543 - $2,316

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Marq on Martin

8515 Litt Dr SELacey, WA 98516
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Callen
Rent Specials
$1,585 - $2,337

Total Monthly Price

Base Rent$1,585 - $2,337

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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Toscana Apartment Homes
Rent Specials
$1,648 - $2,298

Total Monthly Price

Base Rent$1,648 - $2,298

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Toscana Apartment Homes

6979 Birdseye Ave NELacey, WA 98516
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The Elowen
Rent Specials
$1,700 - $2,680

Total Monthly Price

Base Rent$1,700 - $2,680

Total Monthly Price$1,700 - $2,680
1 to 3 Bedroom Apartments Available Now

The Elowen

5224 15th Ave NELacey, WA 98516
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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 - $2,415

Total Monthly Price

Base Rent$1,816 - $2,415

Total Monthly Price$1,816 - $2,415
Studio to 3 Bedroom Apartments Available Now

6Wood Flats

4410 6th Ave SELacey, WA 98503
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The Dakota
$1,913 - $2,213

Total Monthly Price

Base Rent$1,913 - $2,213

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

The Dakota

6205 Pacific Ave SELacey, WA 98503
Corporate Housing
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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

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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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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Nisqually Ridge
1 to 3 Bedroom Apartments

Nisqually Ridge

110 River Ridge Dr SELacey, WA 98513
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Meadowscape
Studio to 2 Bedroom Apartments

Meadowscape

7641 3rd Way SELacey, WA 98503
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Windrush SMC, LLC
1 to 2 Bedroom Apartments

Windrush SMC, LLC

1219 East St SELacey, WA 98503
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Serenity Apartments
Studio to 3 Bedroom Apartments

Serenity Apartments

444 Carpenter Rd SELacey, WA 98503

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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Regency Apartments
Studio to 2 Bedroom Apartments

Regency Apartments

1255 McDaniel Ln SELacey, WA 98503
Corporate Housing
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Modera Lacey
1 to 3 Bedroom Apartments

Modera Lacey

5499 15th Ave NELacey, WA 98516

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

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. Capitol Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable East Olympia apartments for rent in Lacey, WA:

Apartment ListingModel NameBed/BathPriced From
The Timbers Apartments1 Bedroom1BR, 1BA$1,295
Capitol Club ApartmentsOne Bedroom1BR, 1BA$1,300
Lacey Park ApartmentsStudioStudio, 1BA$1,400
Hawks Prairie Apartments1 BR/ 1 BA1BR, 1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR, 1BA$1,420
The HubStudio A.2Studio, 1BA$1,499
629 Apartments629b11BR, 1BA$1,499
1126 Neil Street NE2BR/1.0BA2BR, 1BA$1,500
Britton PlacePLAN A - STUDIOStudio, 1BA$1,515
Copper WoodRainier B2BR, 1BA$1,520

Best Value Apartments for Rent in East Olympia, WA

As of September 20, 2026 the best value apartment in the East Olympia area is the $1.87 price per square foot two bedroom Model at Pacific Place Apartments in the Lexington neighborhood starting from $2,200. The second greatest value East Olympia apartment is the 2 Bed 2 Baths Model at The Dakota in the Lexington neighborhood starting at $2,213 with a $2.06 price per square foot. Here is today’s list of the best values for East Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pacific Place Apartmentstwo bedroom2BR, 1BA$1.87
The Dakota2 Bed 2 Baths2BR, 2BA$2.06
The TildenLeaf2BR, 1BA$2.09
Chambers Crest2x22BR, 2BA$2.11
Talisman289 2X1 B2BR, 1BA$2.01
The MadisonAdams1BR, 1BA$2.01
Copper WoodRainier A2BR, 1BA$1.75
Ensign I & II204 2x1 renovated2BR, 1BA$2.07
Callen1x1 TMR 7841BR, 1BA$2.12
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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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.

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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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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.

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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 $1,400.

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 $1,500 at 1126 Neil Street NE.

What is the most affordable East Olympia Three Bedroom Apartment?

The best deal on a cheap East Olympia Three Bedroom Apartment rental is at Riverside Manor and starts from $2,143.

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

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.