
Cheap Homes for Rent in the Lake Forest Neighborhood of Lacey, WA from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Lacey.


8024 N Bicentennial Loop SE, Unit 2

748 Old Pacific Hwy SE
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.

9734 62nd Ave SE

6312 Barstow Ln SE

725 Edelweiss Ln SE
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.

1309 Deerbrush Dr SE
Lake Forest, Lacey, WA Local Guide

How much does it cost to rent a home in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest 2 Bedroom Homes for Rent | $1,800 | $1,750 | $1,850 |
| Lake Forest 3 Bedroom Homes for Rent | $2,615 | $2,100 | $3,200 |
| Lake Forest 4 Bedroom Homes for Rent | $3,118 | $2,900 | $3,300 |
| Lake Forest 5 Bedroom Homes for Rent | $3,224 | $3,200 | $3,249 |
| Lake Forest 6 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $1,295. 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 |
Best Value Apartments for Rent in Lake Forest, WA
As of July 27, 2026 the best value apartment in the Lake Forest area is the $2.11 price per square foot 3 Bed 2 Bath B Model at Nisqually Ridge in the in the Hawks Prairie neighborhood starting from $2,225. The second greatest value Lake Forest apartment is the 2 x 1 Model at Capitol City Apartments starting at $1,860 with a $1.79 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. |
|---|---|---|---|
| Nisqually Ridge | 3 Bed 2 Bath B | 3BR,2BA | $2.11 |
| Capitol City Apartments | 2 x 1 | 2BR,1BA | $1.79 |
| The Madison | Adams | 1BR,1BA | $2.05 |
| The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.23 |
| Meadowscape | 1x1 - B1 | 1BR,1BA | $2.41 |
| Modera Lacey | A03 | 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 |
| 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 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 Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 70 Apartments for Rent in Lake Forest, WA with pricing that ranges from $1,195 to $2,250. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,575 to $3,950.
What is the current price range for Rental Homes in Lake Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,575 to $3,950 with an average monthly rent of $2,590.
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.