
Cheap Homes for Rent in the East Olympia Neighborhood of Lacey, WA from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the East Olympia area of Lacey.


748 Old Pacific Hwy SE

183 Veranda Ln SE
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.

9734 62nd Ave SE

1421 Lapush Way NE

725 Edelweiss Ln SE
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.

1224 Cora St SE
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 | $2,031 | $1,750 | $2,350 |
| East Olympia 3 Bedroom Homes for Rent | $2,706 | $2,100 | $3,500 |
| East Olympia 4 Bedroom Homes for Rent | $3,043 | $2,200 | $3,900 |
| East Olympia 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
| East Olympia 6 Bedroom Homes for Rent | $3,816 | $3,249 | $4,250 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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. 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 |
Best Value Apartments for Rent in East Olympia, WA
As of August 06, 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 East Olympia
What type of rentals are currently available in East Olympia?
There are currently 118 Apartments for Rent in East Olympia, WA with pricing that ranges from $1,250 to $3,514. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Olympia ranging from $1,575 to $4,250.
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 $1,575 to $4,250 with an average monthly rent of $2,791.
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.