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Modera Lacey apartments in Lacey, WA

Updated

Modera Lacey

5499 15th Ave NE, Lacey, WA 98516

Live pricing, refreshed

34
Units Listed
$1,697
Starting at
$2,088
Average
$2,713
Highest
$2.42
Per Sq Ft

How does this compare? View Lacey, WA rent trends

Beds

Pricing by Bedroom

1 Bed
$1,815
from $1,697 · 18 units
~708 sqft avg
2 Bed
$2,326
from $2,282 · 13 units
~999 sqft avg
3 Bed
$2,699
from $2,672 · 3 units
~1,198 sqft avg
Specials Available 34 units

UP TO 10 WEEKS FREE

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

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

$535K

$6.4M annual run rate

Est. Occupancy

91%

of about 362 units (reported building size)

Effective Rent on New Leases

$2,088

current asking average

Recent Lease Activity

34 units tracked; 0 assumed leased, 34 listed now

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

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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

34

Very high availability

4 floor plans

Move-in Specials

34

34 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

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

Available Units

34 units
1 Bed / 1 Bath A03
$1,697/mo
723 ft² · $2.35/ft\u00B2 · #L303
$1,319/mo with promo
1 Bed / 1 Bath A02
$1,741/mo
544 ft² · $3.20/ft\u00B2 · #F304
$1,335/mo with promo
1 Bed / 1 Bath A03
$1,747/mo
723 ft² · $2.42/ft\u00B2 · #N208
$1,360/mo with promo
1 Bed / 1 Bath A03
$1,781/mo
723 ft² · $2.46/ft\u00B2 · #L103
$1,389/mo with promo
1 Bed / 1 Bath A03
$1,796/mo
723 ft² · $2.48/ft\u00B2 · #J305
$1,401/mo with promo
1 Bed / 1 Bath A03
$1,816/mo
712 ft² · $2.55/ft\u00B2 · #A306
$1,371/mo with promo
1 Bed / 1 Bath A03
$1,816/mo
712 ft² · $2.55/ft\u00B2 · #L301
$1,418/mo with promo
1 Bed / 1 Bath A03
$1,816/mo
723 ft² · $2.51/ft\u00B2 · #L302
$1,418/mo with promo
1 Bed / 1 Bath A03
$1,816/mo
723 ft² · $2.51/ft\u00B2 · #M302
$1,418/mo with promo
1 Bed / 1 Bath A03
$1,821/mo
712 ft² · $2.56/ft\u00B2 · #M204
$1,422/mo with promo

Fees, Parking & True Monthly Cost

Monthly Fees

$118/mo

Added to base rent automatically

True Monthly Cost

$1,815

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.

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