
Cheap Homes for Rent in Lacey, WA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lacey.


6946 Axis St SE

2633 Wilderness Dr SE
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.

6317 Barstow Ln SE, Unit Unit 8, Unit Unit 8

316 Choker St SE, Unit 4

9133 Tolo Ct 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.
Lacey, WA Local Guide

How much does it cost to rent a home in Lacey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lacey 2 Bedroom Homes for Rent | $1,905 | $1,445 | $2,200 |
| Lacey 3 Bedroom Homes for Rent | $2,620 | $1,895 | $3,100 |
| Lacey 4 Bedroom Homes for Rent | $3,080 | $2,625 | $3,975 |
| Lacey 5 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Top Homes for Rent in Lacey
Explore Lacey
Lacey, WA Local Guide
- Lacey Neighborhoods
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Cheapest Neighborhoods for Apartments in Lacey, WA
Pricing Updated: 05/23/2026Current apartment rentals in the Lacey, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lacey Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Lake Forest | $2,049 | $1,250 | 38 |
| East Olympia | $2,600 | $1,250 | 133 |
| Avonlea | $2,686 | $1,295 | 40 |
Cheapest Available Lacey Apartments for Rent
 The cheapest available apartment rental in Lacey, WA is a 1 Bed unit found at The Timbers Apartments in the Avonlea neighborhood priced from $1,295. Capitol Club Apartments in the Lexington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Lacey apartments for rent:
| 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 |
| Bellwether Apartments | Small 1B 1B | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Lacey, WA
As of May 23, 2026 the best value apartment in the Lacey area is the $1.60 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,545. The second greatest value Lacey apartment is the 2BR/1.5BA Model at Updated Townhouse Style Apartments starting at $1,595 with a $1.40 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Lacey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chambers Reserve Townhomes | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.60 |
| Updated Townhouse Style Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.40 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.79 |
| Serenity Apartments | 2 Bed 2 Bath (A) | 2BR,2BA | $1.99 |
| Firwood Grove Apartment LLC | 2BR/2.0BA | 2BR,2BA | $1.69 |
| Copper Wood | Spruce B | 2BR,2BA | $1.57 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| Wilderness West Apartments | 2B 1.5B LTH | 2BR,1.5BA | $2.00 |
| 4401 Saratoga Pl NE, Unit 1 | 4401 Saratoga Pl NE | 3BR,1BA | $1.89 |
| The Tilden | Sapling | 1BR,1BA | $1.96 |
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.
Lacey, WAPopulation: 50,718
Ranked #766
in US Census Population by City
Best Local Schools in Lacey, WA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lacey, WA Rentals by Map
See the most popular apartments and homes in Lacey, WA
Frequently Asked Questions about Lacey
What type of rentals are currently available in Lacey?
There are currently 154 Apartments for Rent in Lacey, WA with pricing that ranges from $1,250 to $3,570. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lacey ranging from $1,000 to $3,975.
What is the current price range for Rental Homes in Lacey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lacey ranges from $1,000 to $3,975 with an average monthly rent of $2,527.
How much are larger Three and Four Bedroom Rentals in Lacey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lacey range from $1,800 to $2,881, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,625 and Four Bedroom Apartments start at $2,011.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.