The Elowen
5224 15th Ave NE,
Lacey,
WA
98516
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Monthly Rent
$1,725 - $2,385
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Bedrooms
1 - 3 bd
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Bathrooms
1 - 2 ba
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Square Feet
658 - 1,147 sq ft
Highlights
- New Construction
- Sauna
- Putting Greens
- Dog Park
- Grill
Pricing & Floor Plans
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Unit A205price $1,725square feet 658availibility May 15
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Unit A203price $1,725square feet 658availibility May 15
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Unit A201price $1,725square feet 658availibility May 15
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Unit A207price $2,000square feet 895availibility May 15
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Unit A307price $2,010square feet 895availibility May 15
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Unit A107price $2,020square feet 895availibility May 15
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Unit A208price $2,265square feet 1,021availibility May 15
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Unit A206price $2,265square feet 1,021availibility May 15
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Unit A204price $2,265square feet 1,021availibility May 15
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Unit A205price $1,725square feet 658availibility May 15
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Unit A203price $1,725square feet 658availibility May 15
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Unit A201price $1,725square feet 658availibility May 15
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Unit A207price $2,000square feet 895availibility May 15
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Unit A307price $2,010square feet 895availibility May 15
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Unit A107price $2,020square feet 895availibility May 15
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Unit A208price $2,265square feet 1,021availibility May 15
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Unit A206price $2,265square feet 1,021availibility May 15
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Unit A204price $2,265square feet 1,021availibility May 15
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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Utilities & Essentials
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Valet TrashFee for valet trash service (doorstep pickup) Charged per unit.$30 / mo
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InternetMonthly internet service fee. Charged per unit.$65 / mo
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One-Time Basics
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Due at Application
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Holding DepositPayment to hold unit, applied to security deposit. Charged per unit.$300
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Non-refundable Administrative FeeOne-time processing fee for administrative costs. Charged per unit.$300
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Credit Check FeeFee for processing screening (per applicant) Charged per unit.$60
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Due at Move-In
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Security DepositRefundable deposit for damages or lease obligations. Charged per unit.Varies one-time
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Due at Application
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MTM Flat FeeFee for month-to-month tenancy Charged per unit.$0 / mo
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NSF FeeReturned or declined payment fee. Charged per unit.$75 / occurrence
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Late FeeLate payment fee. Charged per unit.$75 / occurrence
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Early Termination FeeFee to terminate lease early. Charged per unit.200% of base rent / occurrence
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Property Information
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Built in 2026
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324 units/2 stories
About The Elowen
Settled within the nature-rich city of Lacey, Washington, the new garden-style apartments at The Elowen offer a cozy, homey vibe while keeping residents close to the action. Surrounded by towering trees and lush greenery, this charming community feels like a personal hideaway but is just minutes from all the conveniences of city life. Our new and exciting community of one, two, and three-bedroom apartments are designed for quiet comfort, natural light, and lasting connection. Inspired by the trees in the Pacific Northwest, a timeless symbol of rootedness and belonging, it's a community that tells a story of daily life at our property, with open green spaces that invite relaxation, slow mornings with soft sunlight filtering through the trees within our community, and a lifestyle in tune with the rhythms of the Pacific Northwest.
The Elowen is an apartment community located in Thurston County and the 98516 ZIP Code. This area is served by the North Thurston Public Schools attendance zone.
Unique Features
- BILT Rewards
- Community-building activities
- Outdoor BBQ and fire pit
- Pet-friendly community
- Putting green
- VR Golf/theater room
Contact
Community Amenities
Fitness Center
Playground
Clubhouse
Grill
- Clubhouse
- Fitness Center
- Sauna
- Playground
- Putting Greens
- Grill
- Dog Park
The neighborhood of East Olympia sits seven miles east of Olympia's city center and 24 miles south of Tacoma within Thurston County. Famous for its alternative vibe and breathtaking scenery, Olympia has become the cultural center of the South Puget Sound. The arts flourish here thanks to the presence of universities such as the Evergreen State College, South Puget Sound Community College and Saint Martin's University. Residents enjoy exploring the nearby Nisqually Wildlife Refuge or spending the day walking along the boardwalk and enjoying the water and mountain views at East Bay Waterfront Park. Amenities abound throughout all of Olympia. Residents of East Olympia experience the best of both worlds as they benefit from the proximity to the city as well as the remoteness of their community.
Learn more about living in East OlympiaCompare neighborhood and city base rent averages by bedroom.
| East Olympia | Lacey, WA | |
|---|---|---|
| Studio | $1,490 | $1,495 |
| 1 Bedroom | $1,631 | $1,648 |
| 2 Bedrooms | $1,908 | $1,899 |
| 3 Bedrooms | $2,336 | $2,326 |
- Clubhouse
- Grill
- Dog Park
- Fitness Center
- Sauna
- Playground
- Putting Greens
- BILT Rewards
- Community-building activities
- Outdoor BBQ and fire pit
- Pet-friendly community
- Putting green
- VR Golf/theater room
| Monday | 9am - 6pm |
|---|---|
| Tuesday | 9am - 6pm |
| Wednesday | 9am - 6pm |
| Thursday | 9am - 6pm |
| Friday | 9am - 6pm |
| Saturday | 10am - 5pm |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 13 min | 7.3 mi | |
| Drive: | 19 min | 11.6 mi | |
| Drive: | 33 min | 19.1 mi | |
| Drive: | 32 min | 21.8 mi |
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 Elowen Photos
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The Elowen
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The Elowen does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Contact this property for parking details.
The Elowen has one to three-bedrooms with rent ranges from $1,725/mo. to $2,385/mo.
Yes, The Elowen welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,725 for a one-bedroom, you would need to earn about $69,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
The Elowen is offering Specials for eligible applicants, with rental rates starting at $1,725.
While The Elowen does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
5224 15th Ave NE
Lacey, WA 98516