
Cheap Apartments for Rent in the East Olympia Neighborhood of Lacey, WA from $662 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Olympia area of Lacey.


Capitol Club Apartments

Emerald Greens

629 Apartments

Lacey Park Apartments

8019 N Bicentennial Loop SE

Carpenter Crest

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Martingale Apartments

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Britton Place

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Arrow Apartments
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

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Callen

Lakeview Village

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Toscana Apartment Homes

Chambers Crest

Trailside

Hogum Bay Apartments

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The Elowen

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1126 Sleater Kinney Rd SE

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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6Wood Flats

The Tilden

4218 6th Ave NE

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The Dakota

Karlo Apartments

8733 Hanna Ln NE

South Sound Villa Apartments

Silverwood Terrace Apartments

The Ashton

Golf Club Apartments
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.

Copper Wood

The Hub

Forest Grove Apartments

College Pointe Apartments

Nisqually Ridge

Emerald Pointe Apartments

Meadowscape

Windrush SMC, LLC

Firwood Grove Apartment LLC

Serenity Apartments
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.

9236 White Fir Dr NE

Williams Court Townhomes

The Lodge

Regency Apartments

Modera Lacey

4419 21st Ct SE

Olympus Court Apartments

581 Malibu Dr SE

Hawks Prairie Apartments

1126 Neil St NE
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 | $1,589 | $1,399 | $1,949 |
| East Olympia 1 Bedroom Apartments | $1,810 | $1,295 | $2,558 |
| East Olympia 2 Bedroom Apartments | $2,144 | $1,400 | $3,363 |
| East Olympia 3 Bedroom Apartments | $2,508 | $1,695 | $2,845 |
| East Olympia 4 Bedroom Apartments | $3,045 | $3,045 | $3,045 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the East Olympia Neighborhood of Lacey, WA.
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East Olympia, Lacey, WA Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Timbers Apartments | 1 Bedroom | 1BR, 1BA | $1,295 |
| Capitol Club Apartments | One Bedroom | 1BR, 1BA | $1,300 |
| Lacey Park Apartments | Studio | Studio, 1BA | $1,400 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR, 1BA | $1,400 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR, 1BA | $1,420 |
| The Hub | Studio A.2 | Studio, 1BA | $1,499 |
| 629 Apartments | 629b1 | 1BR, 1BA | $1,499 |
| 1126 Neil Street NE | 2BR/1.0BA | 2BR, 1BA | $1,500 |
| Britton Place | PLAN A - STUDIO | Studio, 1BA | $1,515 |
| Copper Wood | Rainier B | 2BR, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pacific Place Apartments | two bedroom | 2BR, 1BA | $1.87 |
| The Dakota | 2 Bed 2 Baths | 2BR, 2BA | $2.06 |
| The Tilden | Leaf | 2BR, 1BA | $2.09 |
| Chambers Crest | 2x2 | 2BR, 2BA | $2.11 |
| Talisman | 289 2X1 B | 2BR, 1BA | $2.01 |
| The Madison | Adams | 1BR, 1BA | $2.01 |
| Copper Wood | Rainier A | 2BR, 1BA | $1.75 |
| Ensign I & II | 204 2x1 renovated | 2BR, 1BA | $2.07 |
| Callen | 1x1 TMR 784 | 1BR, 1BA | $2.12 |
| 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 ArticleNavigating 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.
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 $1,400.
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

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.

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.

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.

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.