Lacey, WA Rental Market Trends
Last updated: April 09, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lacey is $1,884, a 6.12% increase compared to the previous year, when the average rent was $1,775.
Studio Apartments at $1,516 offer the most budget-friendly option with 434 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 675 square feet for $1,646, balancing privacy and affordability.
Two-beedroom units at $2,028 offer 980 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,258 sq ft) for $2,388, suitable for larger households.
Average rent in Lacey, WA
Last updated: April 09, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,884 | 861 sq. ft. |
| Studio | $1,516 | 434 sq. ft. |
| 1 Bed | $1,646 | 675 sq. ft. |
| 2 Beds | $2,028 | 980 sq. ft. |
| 3 Beds | $2,388 | 1,258 sq. ft. |
Lacey, WA rent trends
Rental prices in Lacey, WA have increased by 6.12% over the past year. The average rent moved from $1,775 to $1,884.
What's the typical rent budget in Lacey, WA?
The largest share of rentals in Lacey, WA (50%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lacey, WA?
10,323 or 44% of the households in Lacey, WA are renter-occupied while 13,107 or 56% are owner-occupied.
How Lacey Compares to Other Cities
| City | Average Rent |
|---|---|
| Lacey | $1,884 |
| Seattle | $2,235 |
| Tacoma | $1,767 |
| Pullman | $1,434 |
| Vancouver | $1,742 |
| Spokane | $1,414 |
| Everett | $1,845 |
| Bellevue | $2,724 |
| Kent | $1,912 |
| Renton | $2,130 |
| Kirkland | $2,505 |
| Federal Way | $1,849 |
| Puyallup | $2,044 |
| Lakewood | $1,659 |
| Olympia, WA | $1,758 |
| Fife, WA | $1,815 |
| Spanaway, WA | $2,097 |
| Port Orchard, WA | $1,805 |
| Sumner, WA | $2,287 |
| Gig Harbor, WA | $2,332 |
| Milton, WA | $2,100 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lacey apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.