
Cheap Apartments for Rent in the Lake Forest Neighborhood of Lacey, WA from $900 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Lacey.


7801 Pacific Ave SE

Emerald Greens

The Timbers Apartments

Carpenter Crest

The Marq on Martin

6317 Barstow Ln SE, Unit 8

8024 N Bicentennial Loop SE, Unit 2
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.

Sunset Gardens

Lakeview Village

6102 Glen Mary Ln SE

Total Monthly Price
The Dakota

Silverwood

The Ashton

The Hub

College Pointe Apartments
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.

Forest Grove Apartments

Nisqually Ridge

Emerald Pointe Apartments

Firwood Grove Apartment LLC

Serenity Apartments

Regency Apartments

Modera Lacey

Meadowscape
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Williams Court Townhomes

The Lodge

Hawks Prairie Apartments

6236 Cate Farm Ct SE, Unit Studio B

Pacific Place Apartments

316 Choker St SE, Unit 4

The Madison

317 Trailblazer St 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.

1331 Union Mills Rd SE

7602 SE 3rd Ave

Diamond Head Apartments

Tanglewood Apartments

5307 Rehklau Rd SE

9734 62nd Ave SE

660 Malibu Dr SE

725 Edelweiss Ln SE
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

5826 Armour Loop 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 | $1,573 | $1,573 | $1,573 |
| Lake Forest 1 Bedroom Apartments | $1,601 | $1,200 | $1,984 |
| Lake Forest 2 Bedroom Apartments | $1,976 | $1,475 | $2,250 |
| Lake Forest 3 Bedroom Apartments | $2,181 | $1,850 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 41 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
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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. The Hub has the second lowest priced unit, which is a Studio apartment currently listed from $1,399. 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 |
| The Hub | Studio A.1 | Studio,1BA | $1,399 |
| 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 |
| Forest Grove Apartments | Cascade | 2BR,2BA | $1,503 |
| The Marq on Martin | S1 | Studio,1BA | $1,573 |
| Nisqually Ridge | 1 Bed 1 Bath B | 1BR,1BA | $1,575 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Lake Forest, WA
As of June 08, 2026 the best value apartment in the Lake Forest area is the $1.87 price per square foot two bedroom Model at Pacific Place Apartments in the in the Lexington neighborhood starting from $2,200. The second greatest value Lake Forest apartment is the 2BR/2.0BA Model at Firwood Grove Apartment LLC starting at $1,650 with a $1.69 price per square foot in the Avonlea 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. |
|---|---|---|---|
| Pacific Place Apartments | two bedroom | 2BR,1BA | $1.87 |
| Firwood Grove Apartment LLC | 2BR/2.0BA | 2BR,2BA | $1.69 |
| Forest Grove Apartments | Cascade | 2BR,2BA | $1.67 |
| The Madison | Adams | 1BR,1BA | $2.06 |
| The Lodge | Huckleberry | 1BR,1BA | $2.29 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $2.16 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $2.04 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $2.00 |
| Nisqually Ridge | 1 Bed 1 Bath B | 1BR,1BA | $2.31 |
| 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 Hub listed at $1,399.
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 $1,503 at Forest Grove 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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.