
Cheap Apartments for Rent in the Lake Forest Neighborhood of Lacey, WA from $900 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Lacey.


The Timbers Apartments

Emerald Greens

Carpenter Crest

Total Monthly Price
The Marq on Martin

Total Monthly Price
Martingale Apartments

Lakeview Village

8024 N Bicentennial Loop SE, Unit 2
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.

Total Monthly Price
6723 Kinwood Park Ln SE, Unit #4

Sunset Gardens

6102 Glen Mary Ln SE

Total Monthly Price
The Dakota

Silverwood

The Ashton

College Pointe Apartments

The Hub
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.

Forest Grove Apartments

Nisqually Ridge

Modera Lacey

Firwood Grove Apartment LLC

Serenity Apartments

Regency Apartments

748 Old Pacific Hwy SE

Meadowscape
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Williams Court Townhomes

The Lodge

6312 Barstow Ln SE

Emerald Pointe Apartments

Hawks Prairie Apartments

6236 Cate Farm Ct SE, Unit Studio B

Pacific Place Apartments

The Madison
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.

1331 Union Mills Rd SE

317 Trailblazer St SE

7602 SE 3rd Ave

Diamond Head Apartments

Tanglewood Apartments

104 Veranda Ln SE

9734 62nd Ave SE

725 Edelweiss 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.

1309 Deerbrush Dr SE

717 Lucerne Ln SE
Lake Forest, Lacey, WA Local Guide

How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest Studio Apartments | $1,600 | $1,579 | $1,656 |
| Lake Forest 1 Bedroom Apartments | $1,656 | $1,195 | $1,880 |
| Lake Forest 2 Bedroom Apartments | $1,984 | $1,475 | $2,250 |
| Lake Forest 3 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 3 mile radius of the Lake Forest Neighborhood of Lacey, WA.
See all Apartments in LaceyExplore Lacey
Lake Forest, Lacey, WA Local Guide
- Nearby Lacey neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in the Lake Forest 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 Lake Forest 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 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $1,450 |
| Modera Lacey | A03 | 1BR,1BA | $1,554 |
| The Marq on Martin | S1 | Studio,1BA | $1,579 |
| Martingale Apartments | Studio S1 | Studio,1BA | $1,591 |
| Lakeview Village | Studio | Studio,1BA | $1,599 |
| Regency Apartments | 1B 1B | 1BR,1BA | $1,675 |
Best Value Apartments for Rent in Lake Forest, WA
As of July 23, 2026 the best value apartment in the Lake Forest area is the $1.79 price per square foot 2 x 1 Model at Capitol City Apartments in the in the Avonlea neighborhood starting from $1,860. The second greatest value Lake Forest apartment is the B01 Model at Modera Lacey starting at $2,169 with a $2.17 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Capitol City Apartments | 2 x 1 | 2BR,1BA | $1.79 |
| Modera Lacey | B01 | 2BR,2BA | $2.17 |
| 6723 Kinwood Park Ln SE, Unit #4 | 6723 Kinwood Park Ln SE | 2BR,1BA | $1.70 |
| Serenity Apartments | 2 Bed 2 Bath (B) | 2BR,2BA | $1.94 |
| Regency Apartments | 1B 1B | 1BR,1BA | $1.75 |
| The Madison | Adams | 1BR,1BA | $2.01 |
| The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.31 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $2.04 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $2.00 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $2.23 |
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 Lake Forest, Lacey, WA
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Forest Apartments
What is the Cheapest Studio apartment in Lake Forest?
Currently the most affordable Cheap Studio Apartment in Lake Forest is at The Marq on Martin listed at $1,579.
How much is rent for a Cheap One Bedroom Lake Forest Apartment?
The lowest price for a Cheap One Bedroom Lake Forest Apartment is $1,295 at The Timbers Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Forest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Forest is starting from $1,510 at College Pointe Apartments.
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.

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.