Lacey Park Apartments
5001 College St SE,
Lacey, WA 98503
$1,400 - $2,095
Studio - 2 Beds
Lacey
Lacey, WA
Area Guide
A capital city suburb surrounded by Washington’s natural wonders.
Military
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Commuter
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Outdoors
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Nature
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Scenic
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Located between Olympia and the Nisqually River delta, Lacey combines suburban comfort with natural surroundings. Home to Saint Martin's University, the city features extensive parks and natural areas, including the Billy Frank Jr. Nisqually National Wildlife Refuge. As an EPA-designated Green Power Community, Lacey sources 8.4% of its energy from renewable sources. Current rental trends show moderate stability, with average rents ranging from $1,500 for studios to $2,995 for four-bedroom homes, with most units seeing minimal year-over-year changes between -1% and 0.6%.
Originally named Woodland, Lacey has grown from a small settlement into an established suburban community while preserving its natural environment. Housing options span from newer apartment communities in Hawks Prairie to established neighborhoods near South Sound Center. The city center and the area surrounding Saint Martin's University showcase different aspects of local life. Recognized as a "Tree City USA" for 26 years by the National Arbor Day Foundation, Lacey emphasizes environmental stewardship. The location offers convenient access to Interstate 5 for commuting to Olympia, Joint Base Lewis-McChord, and Tacoma, while Hawks Prairie provides extensive shopping and employment opportunities.
Rent Trends
As of January 2026, the average apartment rent in Lacey, WA is $1,534 for a studio, $1,647 for one bedroom, $1,891 for two bedrooms, and $2,364 for three bedrooms. Apartment rent in Lacey has increased by 1.3% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,647/month
677 Sq Ft
House
$2,705/month
1,923 Sq Ft
Townhome
$2,698/month
1,767 Sq Ft
Transportation
48
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
32
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
61
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades K-5
436 Students
Public
Grades PK-5
588 Students
Public
Grades K-5
612 Students
Public
Grades K-5
487 Students
Chambers Prairie Elementary School
Public
Grades K-5
482 Students
Public
Grades 6-8
301 Students
Public
Grades 6-8
643 Students
Public
Grades 6-8
788 Students
Public
Grades 6-8
735 Students
Public
Grades 6-8
831 Students
Public
Grades 9-12
1,404 Students
Public
Grades 9-12
1,440 Students
Public
Grades 9-12
1,476 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Nisqually National Wildlife Refuge
- Chambers Lake Park
- Margaret McKenny Park
- LBA Park
- Friendly Grove Park
Military Bases
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.