
Cheap Homes for Rent in Lake Forest Neighborhood of Lacey, WA from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Lacey.


6317 Barstow Ln SE, Unit 8

8024 N Bicentennial Loop SE, Unit 2

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.

660 Malibu Dr SE

4943 Thompson Ln SE

725 Edelweiss Ln SE

5649 46th Ln 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.

333 Choker St 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 | $1,590 | $1,590 | $1,590 |
| Lake Forest 3 Bedroom Homes for Rent | $2,643 | $2,100 | $3,250 |
| Lake Forest 4 Bedroom Homes for Rent | $3,032 | $2,799 | $3,255 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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. The Hub has the second lowest priced unit, which is a Studio apartment currently listed from $1,399. 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 |
| The Hub | Studio A.1 | Studio,1BA | $1,399 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Lake Forest, WA
As of June 12, 2026 the best value apartment in the Lake Forest area is the $1.69 price per square foot 2BR/2.0BA Model at Firwood Grove Apartment LLC in the in the Avonlea neighborhood starting from $1,650. The second greatest value Lake Forest apartment is the Cascade Model at Forest Grove Apartments starting at $1,503 with a $1.67 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. |
|---|---|---|---|
| Firwood Grove Apartment LLC | 2BR/2.0BA | 2BR,2BA | $1.69 |
| Forest Grove Apartments | Cascade | 2BR,2BA | $1.67 |
| The Madison | Adams | 1BR,1BA | $2.07 |
| The Lodge | Huckleberry | 1BR,1BA | $2.29 |
| The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.27 |
| 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 |
| Nisqually Ridge | 1 Bed 1 Bath B | 1BR,1BA | $2.31 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $2.23 |
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 68 Apartments for Rent in Lake Forest, WA with pricing that ranges from $1,200 to $2,495. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,500 to $3,255.
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 $3,255 with an average monthly rent of $2,177.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.