
Cheap Apartments for Rent in the Lake Forest Neighborhood of Lacey, WA from $935 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Lacey.


7801 Pacific Ave SE

The Timbers Apartments

Emerald Greens

8019 N Bicentennial Loop SE

Carpenter Crest

5805 13th Ave SE

Total Monthly Price
Martingale Apartments
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
The Marq on Martin

Lakeview Village

8024 S Bicentennial Loop SE

Sunset Gardens

6102 Glen Mary Ln SE

Total Monthly Price
The Dakota

Silverwood

The Ashton
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.

The Hub

Forest Grove Apartments

College Pointe Apartments

Emerald Pointe Apartments

Meadowscape

Firwood Grove Apartment LLC

Serenity Apartments

748 Old Pacific Hwy SE
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

Regency Apartments

Modera Lacey

Nisqually Ridge

Hawks Prairie Apartments

9824 62nd Ave SE

1126 Neil St NE
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.

6236 Cate Farm Ct SE, Unit Studio B

317 Trailblazer St SE

Pacific Place Apartments

514 Pamela Dr SE

1331 Union Mills Rd SE

The Madison

7829 Samurai Ct SE

7602 SE 3rd Ave
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.

Diamond Head Apartments

Tanglewood Apartments

9734 62nd Ave 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 | $1,584 | $1,502 | $1,683 |
| Lake Forest 1 Bedroom Apartments | $1,621 | $1,250 | $1,935 |
| Lake Forest 2 Bedroom Apartments | $1,955 | $1,400 | $2,250 |
| Lake Forest 3 Bedroom Apartments | $2,154 | $1,695 | $2,549 |
Browse Apartments in this Neighborhood
There are currently 43 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 $1,315. 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 | $1,315 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,400 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 |
| Martingale Apartments | Studio S1 | Studio,1BA | $1,502 |
| Forest Grove Apartments | Cascade | 2BR,2BA | $1,503 |
| The Marq on Martin | S1 | Studio,1BA | $1,543 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $1,595 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $1,595 |
| Lakeview Village | Studio | 1BR,1BA | $1,599 |
Best Value Apartments for Rent in Lake Forest, WA
As of September 06, 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 2x2 - D1 Model at Meadowscape starting at $2,186 with a $1.95 price per square foot in the Hawks Prairie 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 |
| Meadowscape | 2x2 - D1 | 2BR,2BA | $1.95 |
| The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.75 |
| Forest Grove Apartments | Cascade | 2BR,2BA | $1.67 |
| The Madison | Adams | 1BR,1BA | $2.13 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $2.16 |
| College Pointe Apartments | 1x1 A | 1BR,1BA | $2.25 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $2.00 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $2.27 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $2.52 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Martingale Apartments listed at $1,502.
How much is rent for a Cheap One Bedroom Lake Forest Apartment?
The lowest price for a Cheap One Bedroom Lake Forest Apartment is $1,315 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.