Cheap Homes for Rent in East Olympia Neighborhood of Lacey, WA from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the East Olympia area of Lacey.

4816 Carpenter Rd SE

1914 Golf Club Rd SE

9721 Glacis Dr NE, Unit Main Upstairs

5305 22nd Ave SE
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.

183 Veranda Ln SE

9248 Mullen Rd SE

623 School St SE

1474 Diamond Rd SE

6707 36th Ave SE
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.
East Olympia, Lacey, WA Local Guide

How much does it cost to rent a home in East Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Olympia 2 Bedroom Homes for Rent | $2,086 | $1,695 | $2,500 |
| East Olympia 3 Bedroom Homes for Rent | $2,491 | $1,950 | $3,175 |
| East Olympia 4 Bedroom Homes for Rent | $2,971 | $2,595 | $3,849 |
| East Olympia 5 Bedroom Homes for Rent | $3,029 | $2,805 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 Copper Wood priced from $1,215. Capitol Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable East Olympia apartments for rent in Lacey, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Copper Wood | 1x1 | 1BR,1BA | $1,215 |
| Capitol Club Apartments | One Bedroom | 1BR,1BA | $1,275 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,285 |
Best Value Apartments for Rent in East Olympia, WA
As of December 04, 2025 the best value apartment in the East Olympia area is the $1.48 price per square foot 4 Bd / 3 Ba + 2-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,899. The second greatest value East Olympia apartment is the 2B 2B small Model at Regency Apartments starting at $2,005 with a $1.82 price per square foot in the Lexington 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. |
|---|---|---|---|
| Chambers Reserve Townhomes | 4 Bd / 3 Ba + 2-Car Garage | 4BR,3BA | $1.48 |
| Regency Apartments | 2B 2B small | 2BR,2BA | $1.82 |
| Switchback | The Adams - Top / Bottom Corner Units | 2BR,2BA | $1.99 |
| Copper Wood | 2x2 A | 2BR,2BA | $1.53 |
| Trailside | 340 2X1 T | 2BR,1BA | $1.97 |
| Sunset Gardens | 2x1 | 2BR,1BA | $1.88 |
| Capitol City Apartments | 1 x 1 | 1BR,1BA | $1.89 |
| Abbey Rowe Apartments | Soho | 1BR,1BA | $1.91 |
| The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.10 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $2.04 |
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 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.
Pet Friendly LifestyleEast Olympia, Lacey, WA
Ranked #1
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in East Olympia, Lacey, WA
School data provided by Great Schools
Frequently Asked Questions about East Olympia
What type of rentals are currently available in East Olympia?
There are currently 107 Apartments for Rent in East Olympia, WA with pricing that ranges from $1,275 to $3,600. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Olympia ranging from $1,695 to $3,849.
What is the current price range for Rental Homes in East Olympia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Olympia ranges from $1,695 to $3,849 with an average monthly rent of $2,505.
How much are larger Three and Four Bedroom Rentals in East Olympia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East Olympia range from $2,000 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,175. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $2,899.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
