Homes & Apartments for Rent near 98509

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What to Know About

Life in Lacey & Beyond

Lacey shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Lacey, WA

As of June 2026, Lacey's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Lacey's average rent is 6.5% ($116) lower than the Washington average of $1,771 and 7.9% ($142) lower than the U.S. average of $1,797.

Average Rent
$1,655
Monthly ChangeMonth Over Month Change
Increased2.2% ($36)
Yearly ChangeYear Over Year Change
Decreased16.4% ($324)
Avg. Days on MarketAverage Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,529 Increased3.3% ($49) Increased8.7% ($122)
2 Beds $1,712 Increased1.7% ($28) Decreased1.2% ($20)
3 Beds $2,504 Increased5.1% ($122) Increased14.1% ($309)
Nearby Cities Average Rent Avg. Rent vs. LaceyAverage Rent vs. Lacey Avg. Days on MarketAverage Days on Market
Olympia $1,850 Increased11.8% ($195) 26 days
Dupont $2,068 Increased25% ($413) 32 days
Steilacoom $1,941 Increased17.3% ($286) 33 days
Rainier $1,408 Decreased14.9% ($247) 30 days
University Place $1,749 Increased5.7% ($94) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lacey Rental Market FAQs

Explore rental prices, market trends, and availability in Lacey, WA.

The average rent in Lacey, WA is $1,655 per month.
Homes in Lacey typically rent for between $1,070 and $3,255 per month, with an average of $1,655 per month.
In Lacey, the average rent for a 1-bedroom home is $1,529 per month, for a 2-bedroom home, $1,712 per month, and a 3-bedroom home is $2,504 per month.
The average rent in Lacey is 7.9% ($142) lower than the national average of $1,797 per month.
The average rent in Lacey has increased by 2.2% ($36) in the last month and decreased by 16.4% ($324) over the past year.
The rental market in Lacey, WA, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Lacey, WA, the average rental stays on the market for approximately 41 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 26 rental properties available in Lacey, WA.
Based on the current averages, a household would need an annual income of $68,480 to comfortably afford a 2-bedroom home in Lacey.
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