
Cheap Homes for Rent in Lake Forest Neighborhood of Lacey, WA from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Lacey.


1609 16th Ct SE

316 Choker St SE, Unit 4

9734 62nd Ave SE
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.

935 College Ln NE

8545 Oxford Ave SE

1800 Lebanon St SE

5905 Cherokee Loop SE
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.
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 | $1,750 | $1,750 | $1,750 |
| Lake Forest 3 Bedroom Homes for Rent | $2,706 | $1,895 | $3,300 |
| Lake Forest 4 Bedroom Homes for Rent | $3,036 | $2,700 | $3,600 |
| Lake Forest 5 Bedroom Homes for Rent | $2,973 | $2,595 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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. The Hub has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. 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 |
| The Hub | Studio A.7 | Studio,1BA | $1,375 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Lake Forest, WA
As of April 27, 2026 the best value apartment in the Lake Forest area is the $2.07 price per square foot Dogwood Model at The Lodge in the in the Lexington neighborhood starting from $2,200. The second greatest value Lake Forest apartment is the one bedroom w/ den Model at Pacific Place Apartments starting at $1,800 with a $1.75 price per square foot in the Lexington 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. |
|---|---|---|---|
| The Lodge | Dogwood | 2BR,2BA | $2.07 |
| Pacific Place Apartments | one bedroom w/ den | 1BR,1BA | $1.75 |
| 6111 Glen Mary Ln SE, Unit D | 6111 Glen Mary Ln SE | 2BR,1BA | $1.60 |
| Regency Apartments | 1B 1B | 1BR,1BA | $1.75 |
| The Madison | Adams | 1BR,1BA | $1.96 |
| Capitol City Apartments | 1 x 1 | 1BR,1BA | $1.78 |
| Sunset Gardens | 2BR/1.0BA | 2BR,1BA | $2.16 |
| 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 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 68 Apartments for Rent in Lake Forest, WA with pricing that ranges from $1,250 to $3,600. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,500 to $3,600.
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 $1,500 to $3,600 with an average monthly rent of $2,302.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.