Apartments in Avonlea Lacey

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$2,600
1539-1541 Amethyst St Olympia, WA
3 BR | Available Now
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23
$1,990
1324 Glen Mary Dr Lacey, WA
2 BR | Dec. 10, 2024
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$1,595
1410 Alanna Dr Lacey, WA
2 BR | Available Now
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Lacey:
November Rent Report

Welcome to the November 2024 Lacey Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Lacey rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lacey and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lacey average rent prices in the chart below.

Monthly Rent Report

$2,250
$1,690
$1,130
$560
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Lacey Rent Prices Decrease From October to November

Lacey rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Lacey one-bedroom apartments currently stands at $1,777.0.

When we take a look at the two-bedroom comparison from October to November, Lacey experienced a 1.05% increase for the price of a two-bedroom apartment. The rent price for a Lacey two-bedroom apartments currently stands at $2,115.0.

November Prices: Lacey vs. Surrounding Areas

Rent Prices in Lacey and Surrounding Areas

Rent prices have decreased in Lacey over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lacey suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lacey suburbs

  • Rents did not decrease in any of the Lacey suburbs.

November 2024 Pricing Trends: Lacey vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Lacey Rent Prices More Affordable Than Major Cities

Rent growth in Lacey over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Lacey average rent prices appear to be relatively affordable for local residents.

The price for a Lacey one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lacey and surrounding area rent prices, take a look at the complete data set below.

Data set for Lacey and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.