Rentometer, Inc. | Data as of 10/23/2025
Lacey, Washington offers a vibrant rental landscape nestled between the capital city of Olympia and the foothills of the Pacific Northwest. The community’s blend of tree‑lined streets, easy access to the Nisqually River, and proximity to popular parks such as Frances Anderson and Marysville Lakes make it an attractive location for professionals, families, and students alike. With a growing downtown core featuring boutique shops, cafés, and cultural venues, renters enjoy a balanced lifestyle that combines suburban tranquility with urban convenience. The city’s well‑rated schools, extensive trail system, and regular community events further enhance its appeal, positioning Lacey as a sought‑after hub in Thurston County.
The rental inventory in Lacey spans modern apartments and spacious single‑family homes, catering to a range of household needs. Studio apartments typically rent in the $1500s range, while one‑bedroom units hover around the $1600s, providing comfortable options for individuals and couples. Larger apartments and homes see higher price points, with three‑bedroom apartments averaging in the $2200s and four‑plus bedroom houses approaching the $3000 mark, reflecting the city’s ample space and quality amenities. Popular neighborhoods such as South Lacey, the Historic Downtown district, and the Riverfront area each offer distinct character—from walkable streets with local eateries to quieter, family‑friendly streets near top‑rated schools. Whether you seek the convenience of close‑by transit routes, the serenity of nearby green spaces, or a vibrant community atmosphere, Lacey’s rental market delivers diverse choices that align with the lifestyle expectations of the Pacific Northwest.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,597 | $1,600 | $1,400 - $1,824 | $1,575 - $1,625 |
| Apartment | 1 Bedroom | $1,639 | $1,655 | $1,050 - $2,180 | $1,500 - $1,775 |
| Apartment | 2 Bedroom | $1,990 | $1,965 | $1,245 - $3,166 | $1,818 - $2,128 |
| Apartment | 3 Bedroom | $2,272 | $2,222 | $1,995 - $2,699 | $2,000 - $2,495 |
| House | 2 Bedroom | $2,220 | $2,100 | $957 - $5,500 | $1,900 - $2,450 |
| House | 3 Bedroom | $2,523 | $2,550 | $1,200 - $4,950 | $2,385 - $2,695 |
| House | 4+ Bedroom | $2,950 | $2,895 | $2,095 - $4,100 | $2,750 - $3,149 |
In the current period, the average rent in Lacey was $1,598 for Studio, $1,645 for 1 Bedroom, $2,048 for 2 Bedroom, $2,503 for 3 Bedroom, and $2,875 for 4+ Bedroom.
Data provided by Rentometer, Inc.