
Cheap Apartments for Rent in the Lake Forest Neighborhood of Lacey, WA from $900 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Lacey.


Emerald Greens

7242 20th Ave SE
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Lacey Park Apartments
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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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 | $1,696 | $1,599 | $1,895 |
Lake Forest 1 Bedroom Apartments | $1,885 | $1,215 | $3,212 |
Lake Forest 2 Bedroom Apartments | $2,250 | $1,450 | $4,726 |
Lake Forest 3 Bedroom Apartments | $2,664 | $1,695 | $4,084 |
Lake Forest 4 Bedroom Apartments | $2,947 | $2,770 | $3,095 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 3 mile radius of the Lake Forest Neighborhood of Lacey, WA.
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Lake Forest, Lacey, WA Local Guide
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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 $1,215. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,215 |
Reserve at Lacey 55+ Affordable Living | 1 Bed 1 Bath (A6) | 1BR,1BA | $1,236 |
Emerald Greens | 1 Bedroom 1 Bath | 1BR,1BA | $1,245 |
The Hub | Studio A.4 | Studio,1BA | $1,399 |
College Pointe Apartments | 1x1 A | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Chambers Reserve Townhomes | 3x3 Small | 3BR,3BA | $1.69 |
Firwood Grove Apartment LLC | 2BR/2.0BA | 2BR,2BA | $1.59 |
Serenity Apartments | Live Work 1 Bed 1 Bath A | 1BR,1BA | $2.10 |
The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.30 |
The Lodge | Vine Maple | 1BR,1BA | $2.30 |
Pacific Place Apartments | one bedroom | 1BR,1BA | $2.20 |
Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $2.12 |
College Pointe Apartments | 1x1 A | 1BR,1BA | $1.99 |
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $2.09 |
Reserve at Lacey 55+ Affordable Living | 1 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.
Pet Friendly LifestyleLake Forest, Lacey, WA
Ranked #2
Among neighborhoods in Lacey, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lake Forest, Lacey, WA
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.