Lacey, WA Rental Market Trends
Highlights
The average rent for an apartment in Lacey is $1,261, a 9% increase compared to the previous year, when the average rent was $1,155.
Average Rent in Lacey, WA
Last updated October 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,261 | 9% | 865 sq. ft. |
The average size for a Lacey, WA apartment is 865 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lacey, WA Apartment Rent Ranges
- $701-$1,00019%
- $1,001-$1,50062%
- $1,501-$2,00019%
Lacey, WA Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
6,425 or 34% of the households in Lacey, WA are renter-occupied while 12,088 or 65% are owner-occupied.
Lacey, WA Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Oct / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lacey, WA | $987 | $1,050 | $1,067 | $1,087 | $1,132 | $1,155 | $1,155 | $1,217 | $1,229 | $1,261 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Lacey Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Lacey | $1,261 | 9% |
| Olympia | $1,223 | 8% |
| Tumwater | $1,297 | 9% |
| Nisqually Indian Community | $1,414 | 11% |
| Offutt Lake | $1,297 | 9% |
| Rochester | $1,389 | 9% |
| Summit Lake | $1,304 | 8% |
For more information about the Lacey rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lacey apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.