Last updated
Average Rent in Lacey 98503 & Rent Trends
Rent prices and market trends across 9 apartment communities in Lacey 98503, Lacey, WA. Updated daily.
Market Average
$1,858/mo
▼ 0.4% from last month
Lowest Available
$1,399/mo
cheapest unit on market
Communities
9
tracked daily
Units Listed
50
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Lacey 98503 vs Lacey, WA Average
Lacey 98503 is cheaper than the Lacey, WA average by $89/mo (5%). The citywide average is $1,947/mo across all neighborhoods.
Is Rent Going Up or Down in Lacey 98503?
As of October 2026, the average rent in Lacey 98503 is $1,858 per month across 9 apartment communities and 50 available units. Rents have decreased $7 (0.4%) over the past month.
The most affordable option is The Hub starting at $1,399/mo. By unit type, a studio averages $1,525/mo, a 1-bedroom averages $1,793/mo, a 2-bedroom averages $2,111/mo.
Prices range from $1,399 to $2,300 per month. The most common price point is the $1,800 range, where 14 units are currently listed.
Lacey 98503 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,882 | - | 9 |
| August 2026 | $1,870 | -$12 | 10 |
| September 2026 | $1,839 | -$31 | 10 |
| October 2026 | $1,846 | +$7 | 8 |
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 98503
Rent Prices by Apartment in Lacey 98503
| 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 |
| 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 |
| 6Wood Flats | $1,671/mo | $1,837/mo | 4 | 4.5 |
Frequently Asked Questions About Rent in Lacey 98503
What is the average rent in Lacey 98503?
Is rent going up or down in Lacey 98503?
What is the cheapest apartment in Lacey 98503?
How much is a 1-bedroom apartment in Lacey 98503?
How many apartments are available in Lacey 98503?
What salary do I need to live comfortably in Lacey 98503?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$74,000/year
Based on the 30 percent rule, using our tracked average rent of $1,858/mo.
Comfortable income
$89,000/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 98503 is $87,277 , about 2% below the comfortable-living threshold.
Cost of living in Lacey 98503
Overall prices in Lacey 98503 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 98503's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,858 |
| Utilities | $541 |
| Groceries | $567 |
| Transportation | $1,290 |
| Healthcare | $630 |
| Other goods and services | $1,007 |
| Estimated total | $5,893/mo |
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.
Google Search Trends for Lacey 98503 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Lacey 98503 Apartments
Browse all 9 communities with daily-updated pricing and availability.