
Cheap Homes for Rent in Lacey, WA from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lacey.


660 Malibu Dr SE

183 Veranda Ln 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.

4434 Governor Ln SE

725 Edelweiss Ln SE

6944 47th Ln 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.
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 | $2,240 | $2,000 | $2,395 |
| Lacey 3 Bedroom Homes for Rent | $2,672 | $2,100 | $3,300 |
| Lacey 4 Bedroom Homes for Rent | $3,130 | $2,595 | $3,975 |
| Lacey 5 Bedroom Homes for Rent | $3,267 | $3,200 | $3,350 |
| Lacey 6 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
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: 07/08/2026Current 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 | $2,000 | $1,275 | 74 |
| Avonlea | $2,541 | $1,295 | 26 |
| East Olympia | $2,595 | $1,275 | 181 |
Cheapest Available Lacey Apartments for Rent and Nearby
 The cheapest available apartment rental in Lacey, WA is a 1 Bed unit found at Emerald Greens in the Hawks Prairie neighborhood priced from $1,275. The Timbers Apartments in the Avonlea neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Lacey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emerald Greens | 1x1S | 1BR,1BA | $1,275 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,295 |
| The Hub | Studio A.1 | Studio,1BA | $1,399 |
Best Value Apartments for Rent in Lacey, WA and Nearby
As of July 08, 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 2x2 Model at Crescent Point starting at $1,999 with a $1.88 price per square foot in the Avonlea 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 |
| Crescent Point | 2x2 | 2BR,2BA | $1.88 |
| Capitol City Apartments | 2 x 1 | 2BR,1BA | $1.79 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.79 |
| 6723 Kinwood Park Ln SE, Unit #4 | 6723 Kinwood Park Ln SE | 2BR,1BA | $1.70 |
| 1042 Neil St NE, Unit #2 | 1042 Neil St NE | 2BR,1BA | $1.96 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| Serenity Apartments | Live Work 1 Bed 1 Bath A | 1BR,1BA | $1.94 |
| The Huntington Apartments | 2 bed 1 bath | 2BR,1BA | $1.90 |
| Copper Wood | Rainier B | 2BR,1BA | $1.73 |
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
North Thurston High School
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 153 Apartments for Rent in Lacey, WA with pricing that ranges from $1,275 to $3,514. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lacey ranging from $1,575 to $3,995.
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 $1,575 to $3,995 with an average monthly rent of $2,843.
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 $1,806 to $2,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,595 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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.