Cheap Apartments for Rent in the East Olympia Neighborhood of Lacey, WA from $600 (67 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
$1,486 - $4,332
Total Monthly Price

Total Monthly Price

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$1,486 - $4,332
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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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 May 8

Arrow Apartments

7415 Hawks Prairie Rd NELacey, WA 98516
Eco-Friendly
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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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Callen
Rent Specials
$1,599 - $2,258
Total Monthly Price

Total Monthly Price

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$1,599 - $2,258
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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The Elowen
Rent Specials
$1,675 - $2,395
Total Monthly Price

Total Monthly Price

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$1,675 - $2,395
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Elowen

5224 15th Ave NELacey, WA 98516
Affordability
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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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property at 935 College Ln NE

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895
Total Monthly Price
$1,895

3 Bedroom, 2.5 Bath Townhome for Rent

Available May 1

935 College Ln NE

LaceyWA98516
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The Dakota
$1,988 - $2,211
Total Monthly Price

Total Monthly Price

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$1,988 - $2,211
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1 to 2 Bedroom Apartments Available Now

The Dakota

6205 Pacific Ave SELacey, WA 98503
Corporate Housing
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Silverwood
Studio to 2 Bedroom Apartments

Silverwood

1617 Judd St SELacey, WA 98503
  • Utilities Included
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The Ashton
1 to 2 Bedroom Apartments

The Ashton

1025 Neil St NELacey, WA 98516

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.

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Golf Club Apartments
1 to 3 Bedroom Apartments

Golf Club Apartments

1130 Golf Club Rd SELacey, WA 98503
  • Utilities Included
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Copper Wood
1 to 4 Bedroom Apartments

Copper Wood

110 Copper Wood Ln SELacey, WA 98516
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Emerald Greens
1 to 2 Bedroom Apartments

Emerald Greens

7917 Martin Way ELacey, WA 98503
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The Hub
Studio to 2 Bedroom Apartments

The Hub

4444 6th Ave SELacey, WA 98503
Military
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Meadowscape
Studio to 2 Bedroom Apartments

Meadowscape

7641 3rd Way SELacey, WA 98503
Military
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Nisqually Ridge
1 to 3 Bedroom Apartments

Nisqually Ridge

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

Regency Apartments

1255 McDaniel Ln SELacey, WA 98503
Corporate Housing

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.

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Modera Lacey
1 to 3 Bedroom Apartments

Modera Lacey

5499 15th Ave NELacey, WA 98516
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Serenity Apartments
Studio to 3 Bedroom Apartments

Serenity Apartments

444 Carpenter Rd SELacey, WA 98503

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.

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Showing Results 1-50, Page 1 of 2

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 $1,315. The Hub has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. Here are the most affordable East Olympia apartments for rent in Lacey, WA:

Apartment ListingModel NameBed/BathPriced From
The Timbers Apartments1 Bedroom1BR,1BA$1,315
The HubStudio A.7Studio,1BA$1,375
Lacey Park ApartmentsStudioStudio,1BA$1,400
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR,1BA$1,420
College Pointe Apartments1x1 A1BR,1BA$1,450
Britton PlacePLAN A - STUDIOStudio,1BA$1,486
MeadowscapeStudio - A1Studio,1BA$1,496
Lakeview VillageStudioStudio,1BA$1,499
Capitol City Apartments1 x 11BR,1BA$1,500

Best Value Apartments for Rent in East Olympia, WA

As of April 28, 2026 the best value apartment in the East Olympia 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 East Olympia apartment is the York Model at Abbey Rowe Apartments starting at $1,996 with a $1.90 price per square foot in the Hawks Prairie neighborhood. 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.
Chambers Reserve Townhomes3 Bd / 3 Ba + 1-Car Garage3BR,3BA$1.57
Abbey Rowe ApartmentsYork2BR,1BA$1.90
Pacific Place Apartmentsone bedroom w/ den1BR,1BA$1.75
6111 Glen Mary Ln SE, Unit D6111 Glen Mary Ln SE2BR,1BA$1.60
Regency Apartments1B 1B1BR,1BA$1.75
The TildenSapling1BR,1BA$1.94
Talisman289 2X1 T2BR,1BA$2.01
The MadisonAdams1BR,1BA$1.96
Capitol City Apartments1 x 11BR,1BA$1.78
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$2.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash 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.

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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.

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Best Local Schools in
East Olympia, Lacey, WA

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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 The Hub listed at $1,375.

How much is rent for a Cheap One Bedroom East Olympia Apartment?

The lowest price for a Cheap One Bedroom East Olympia Apartment is $1,315 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 Capitol City Apartments and starts from $1,950.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.