How much does it cost to rent at Modera Lacey?

Rent at Modera Lacey in Lacey, WA ranges from $1,885 to $2,702 per month as of August 20, 2026.

What is the average 1 bed rent at Modera Lacey?

The average 1 bed apartment at Modera Lacey costs $1,937/month, starting from $1,885.

What is the average 2 bed rent at Modera Lacey?

The average 2 bed apartment at Modera Lacey costs $2,246/month, starting from $2,179.

What is the average 3 bed rent at Modera Lacey?

The average 3 bed apartment at Modera Lacey costs $2,667/month, starting from $2,642.

Is Modera Lacey a good apartment complex?

Modera Lacey has a 4.1-star rating on Google based on 173 reviews.

Updated August 20, 2026 at 1:12 p.m. PT

Modera Lacey

Name: Modera Lacey
Address: 5499 15th Ave NE, Lacey, WA, 98516, US
Telephone: (360) 506-5050
Rating: 4.1

5499 15th Ave NE, Lacey, WA 98516, USA

4.1 (173 reviews) Official Website (360) 506-5050

Live pricing, refreshed August 20, 2026 at 1:12 p.m. PT

Units Listed

$1,885

Starting at

$2,230

Average

$2,702

Highest

$2.39

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Lacey 98516 rent trends

Beds

Pricing by Bedroom

1 Bed

$1,937

from $1,885 · 5 units

~651 sqft avg

2 Bed

$2,246

from $2,179 · 10 units

~997 sqft avg

3 Bed

$2,667

from $2,642 · 3 units

~1,198 sqft avg

Specials Available 18 units

8 WEEKS FREE

Specials also ran here in July.

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (24)

Largest 8 movers of 24

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: stated by the property itself
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$567K

$6.8M annual run rate

Est. Occupancy

95%

of about 362 units (reported building size)

Effective Rent on New Leases

$1,649

vs $2,230 current asking ($581 negotiation gap)

Recent Lease Activity

54 units tracked; 36 assumed leased, 18 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Good availability

4 floor plans

Move-in Specials

18 units with active promos

Use competing promos as leverage

Negotiation Leverage

Strong leverage

High availability and active promos suggest this building is eager to fill units.

Price vs. Lacey 98516

Neighborhood

Copper Wood

$1,263 Switchback Apartments

$1,300 Toscana Apartment Homes

$1,572

Modera Lacey

$1,885

Comparing 4 apartments in Lacey 98516. Click any bar to view that building.

See Lacey 98516 rent trends on the Lacey, WA map Explore Lacey, WA on the interactive map

Available Units

Sort

18 units

1 Bed / 1 Bath A02

$1,885/mo

544 ft² · $3.46/ft² · #F107

$1,550/mo with promo

Up $35 since Aug 20 (was $1,850)

1 Bed / 1 Bath A02

$1,889/mo

544 ft² · $3.47/ft² · #F304

$1,553/mo with promo

Up $35 since Aug 20 (was $1,854)

1 Bed / 1 Bath A03

$1,945/mo

723 ft² · $2.69/ft² · #H405

$1,602/mo with promo

Up $35 since Aug 20 (was $1,910)

1 Bed / 1 Bath A03

$1,945/mo

723 ft² · $2.69/ft² · #J405

$1,602/mo with promo

1 Bed / 1 Bath A03

$2,020/mo

723 ft² · $2.79/ft² · #E108

$1,668/mo with promo

Up $35 since Aug 20 (was $1,985)

2 Bed / 2 Bath B01

$2,179/mo

994 ft² · $2.19/ft² · #G201

$1,807/mo with promo

Up $21 since Aug 20 (was $2,158)

2 Bed / 2 Bath B01

$2,203/mo

1,001 ft² · $2.20/ft² · #B203

$1,828/mo with promo

Up $21 since Aug 20 (was $2,182)

2 Bed / 2 Bath B01

$2,203/mo

994 ft² · $2.22/ft² · #B204

$1,828/mo with promo

Up $21 since Aug 20 (was $2,182)

2 Bed / 2 Bath B01

$2,234/mo

1,001 ft² · $2.23/ft² · #M105

$1,856/mo with promo

Up $22 since Aug 20 (was $2,212)

2 Bed / 2 Bath B01

$2,257/mo

1,001 ft² · $2.25/ft² · #K305

$1,876/mo with promo

Down $8 since Aug 20 (was $2,265)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
F107	A02	1bd / 1ba	544	$1,885 Effective: $1,550	$3.46	2026-09-26	Pro	8 WEEKS FREE Save $217/mo Up $35 since Aug 20
F304	A02	1bd / 1ba	544	$1,889 Effective: $1,553	$3.47	2026-08-20	Pro	8 WEEKS FREE Save $218/mo Up $35 since Aug 20
H405	A03	1bd / 1ba	723	$1,945 Effective: $1,602	$2.69	2026-09-26	Pro	8 WEEKS FREE Save $225/mo Up $35 since Aug 20
J405	A03	1bd / 1ba	723	$1,945 Effective: $1,602	$2.69	2026-09-21	Pro	8 WEEKS FREE Save $225/mo
E108	A03	1bd / 1ba	723	$2,020 Effective: $1,668	$2.79	2026-09-22	Pro	8 WEEKS FREE Save $234/mo Up $35 since Aug 20
G201	B01	2bd / 2ba	994	$2,179 Effective: $1,807	$2.19	2026-08-20	Pro	8 WEEKS FREE Save $254/mo Up $21 since Aug 20
B203	B01	2bd / 2ba	1,001	$2,203 Effective: $1,828	$2.20	2026-08-20	Pro	8 WEEKS FREE Save $257/mo Up $21 since Aug 20
B204	B01	2bd / 2ba	994	$2,203 Effective: $1,828	$2.22	2026-08-20	Pro	8 WEEKS FREE Save $257/mo Up $21 since Aug 20
M105	B01	2bd / 2ba	1,001	$2,234 Effective: $1,856	$2.23	2026-08-20	Pro	8 WEEKS FREE Save $260/mo Up $22 since Aug 20
K305	B01	2bd / 2ba	1,001	$2,257 Effective: $1,876	$2.25	2026-08-20	Pro	8 WEEKS FREE Save $263/mo Down $8 since Aug 20
G106	B01	2bd / 2ba	994	$2,269 Effective: $1,886	$2.28	2026-09-05	Pro	8 WEEKS FREE Save $265/mo Up $22 since Aug 20
G301	B01	2bd / 2ba	994	$2,272 Effective: $1,889	$2.29	2026-08-20	Pro	8 WEEKS FREE Save $265/mo Up $7 since Aug 20
B304	B01	2bd / 2ba	994	$2,279 Effective: $1,854	$2.29	2026-10-10	Pro	8 WEEKS FREE Save $307/mo Up $22 since Aug 20
D402	B01	2bd / 2ba	1,001	$2,279 Effective: $1,895	$2.28	2026-09-08	Pro	8 WEEKS FREE Save $266/mo Up $22 since Aug 20
G307	B01	2bd / 2ba	994	$2,287 Effective: $1,902	$2.30	2026-08-20	Pro	8 WEEKS FREE Save $267/mo Up $22 since Aug 20
L107	C01	3bd / 2ba	1,198	$2,642 Effective: $2,191	$2.21	2026-08-20	Pro	8 WEEKS FREE Save $333/mo Up $16 since Aug 20
H301	C01	3bd / 2ba	1,198	$2,657 Effective: $2,204	$2.22	2026-08-20	Pro	8 WEEKS FREE Save $335/mo Up $16 since Aug 20
C304	C01	3bd / 2ba	1,198	$2,702 Effective: $2,266	$2.26	2026-10-10	Pro	8 WEEKS FREE Save $318/mo

Fees, Parking & True Monthly Cost

Monthly Fees

$118/mo

Added to base rent automatically

True Monthly Cost

$2,003

Starting price + fees

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lacey, WA notes

No resident notes for this property yet.