Last updated October 3, 2026

Average Rent in Lacey, WA & Rent Trends

Rent prices and market trends across 12 apartment communities in Lacey, WA. Updated daily.

Area All Areas

Lacey 98503 98516

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Market Average

$1,960/mo

Lowest Available

$1,399/mo

cheapest unit on market

Communities

tracked daily

Units Listed

106

available now

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Lacey, WA

Compare average rent across Lacey, WA neighborhoods. Click any area to see detailed trends.

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Lacey 98516	$2,051	▼ $43	$1,491	3	56
Lacey 98503	$1,858	▲ $9	$1,399	9	50

Is Rent Going Up or Down in Lacey, WA?

As of October 2026, the average rent in Lacey, WA is $1,960 per month across 12 apartment communities and 106 available units.

The most affordable option is The Hub starting at $1,399/mo. By unit type, a studio averages $1,606/mo, a 1-bedroom averages $1,875/mo, a 2-bedroom averages $2,096/mo, a 3-bedroom averages $2,336/mo.

Prices range from $1,399 to $2,757 per month. The most common price point is the $2,000 range, where 31 units are currently listed.

Lacey, WA Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,862	-	12
August 2026	$1,891	+$29	13
September 2026	$1,870	-$21	13
October 2026	$1,847	-$23	10

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lacey, WA

Studio

$1,606

from $1,399 · 18 units

1 Bed

$1,875

from $1,595 · 34 units

2 Bed

$2,096

from $1,491 · 46 units

3 Bed

$2,336

from $1,763 · 8 units

Rent Prices by Apartment in Lacey, WA

Property	Starting at	Average	Units	Rating
The Hub	$1,399/mo	$1,639/mo	10	4.3
Lacey Park Apartments	$1,400/mo	$1,632/mo	3	3.2
Copper Wood	$1,491/mo	$1,620/mo	7	3.7
The Lodge in Lacey	$1,499/mo	$1,870/mo	5	4.9
Meadowscape Apartments	$1,500/mo	$1,955/mo	8	4.6
Martingale Apartments	$1,527/mo	$1,876/mo	9	4
Emerald Pointe Apartments	$1,595/mo	$1,595/mo	1	4.3
Toscana Apartment Homes	$1,663/mo	$1,977/mo	24	4.3
6Wood Flats	$1,671/mo	$1,837/mo	4	4.5
Regency Apartments	$1,805/mo	$1,805/mo	1	3.6
The Dakota	$1,876/mo	$2,110/mo	9	3.9
Modera Lacey	$1,928/mo	$2,243/mo	25	4.1

Frequently Asked Questions About Rent in Lacey, WA

What is the average rent in Lacey, WA?

The average rent in Lacey, WA is $1,960 per month as of October 2026, based on 106 units across 12 apartment communities.

Is rent going up or down in Lacey, WA?

The current average rent in Lacey, WA is $1,960/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Lacey, WA?

The most affordable apartment in Lacey, WA is The Hub with units starting at $1,399/mo.

How much is a 1-bedroom apartment in Lacey, WA?

A 1-bedroom apartment in Lacey, WA averages $1,875/mo, with prices starting at $1,595/mo across 34 available units.

How many apartments are available in Lacey, WA?

There are 106 units available across 12 apartment communities in Lacey, WA.

What salary do I need to live comfortably in Lacey, WA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$78,000/year

Based on the 30 percent rule, using our tracked average rent of $1,960/mo.

Comfortable income

$94,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,399/mo), you need to earn at least $56,000/year.

Median household income in Lacey, WA is $87,277 , about 7% below the comfortable-living threshold.

Cost of living in Lacey, WA

Overall prices in Lacey, WA runs above the national average by about 6% (BEA Regional Price Parity index 106.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lacey, WA's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,960	daily refresh
Utilities	$541	BLS × BEA RPP
Groceries	$567	BLS × BEA RPP
Transportation	$1,290	BLS × BEA RPP
Healthcare	$630	BLS × BEA RPP
Other goods and services	$1,007	BLS × BEA RPP
Estimated total	$5,995/mo	$71,941/year

Population

57,088

Median household income

$87,277

Census median rent

$1,805/mo

Census rent burden

32.4%

Median age

37.7

Mean commute

26 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Washington Rent Trends

Compare rent across all Washington cities

Explore Lacey, WA on Map

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US-wide rent comparison

See how Lacey, WA rents stack up against the national median