Cheap Apartments for Rent in the Lake Forest Neighborhood of Lacey, WA from $900 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Lacey.

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.

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Silverwood
Studio to 2 Bedroom Apartments

Silverwood

1617 Judd St SELacey, WA 98503
  • Utilities Included
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The Ashton
1 to 2 Bedroom Apartments

The Ashton

1025 Neil St NELacey, WA 98516

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.

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The Hub
Studio to 2 Bedroom Apartments

The Hub

4444 6th Ave SELacey, WA 98503
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7602 SE 3rd Ave
2 Bedroom Apartments

7602 SE 3rd Ave

7602 SE 3rd AveOlympia, WA 98503
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Tanglewood Apartments
2 Bedroom Apartments

Tanglewood Apartments

7817-7831 Samurai Dr SEOlympia, WA 98503
  • Utilities Included

Lake Forest, Lacey, WA Local Guide

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 $1,215. Reserve at Lacey 55+ Affordable Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,236. Here are the most affordable Lake Forest apartments for rent in Lacey, WA:

Apartment ListingModel NameBed/BathPriced From
The Timbers Apartments1 Bedroom1BR,1BA$1,215
Reserve at Lacey 55+ Affordable Living1 Bed 1 Bath (A6)1BR,1BA$1,236
Emerald Greens1 Bedroom 1 Bath1BR,1BA$1,245
The HubStudio A.4Studio,1BA$1,399
College Pointe Apartments1x1 A1BR,1BA$1,415

Best Value Apartments for Rent in Lake Forest, WA

As of June 17, 2025 the best value apartment in the Lake Forest area is the $1.69 price per square foot 3x3 Small Model at Chambers Reserve Townhomes in the in the Lexington neighborhood starting from $2,695. The second greatest value Lake Forest apartment is the 2BR/2.0BA Model at Firwood Grove Apartment LLC starting at $1,550 with a $1.59 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Chambers Reserve Townhomes3x3 Small3BR,3BA$1.69
Firwood Grove Apartment LLC2BR/2.0BA2BR,2BA$1.59
Serenity ApartmentsLive Work 1 Bed 1 Bath A1BR,1BA$2.10
The Dakota1 Bed 1 Baths1BR,1BA$2.30
The LodgeVine Maple1BR,1BA$2.30
Pacific Place Apartmentsone bedroom1BR,1BA$2.20
Emerald Pointe ApartmentsOne Bedroom One Bath1BR,1BA$2.12
College Pointe Apartments1x1 A1BR,1BA$1.99
The Timbers Apartments1 Bedroom1BR,1BA$2.09
Reserve at Lacey 55+ Affordable Living1 Bed 1 Bath (A3)1BR,1BA$2.26

Quick 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.

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Pet Friendly Lifestyle
Lake Forest, Lacey, WA

Ranked #2

Among neighborhoods in Lacey, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Lake Forest Neighborhood in Lacey, WA

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,215 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 $1,495 at Emerald Greens.

What is the most affordable Lake Forest Three Bedroom Apartment?

The best deal on a cheap Lake Forest Three Bedroom Apartment rental is at Lakeview Apartments and starts from $2,549.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.