Karlo Apartments
8811 31st Ave NE,
Lacey, WA 98516
$1,825 - $2,655 | 1-3 Beds
Lacey is a primarily suburban community in the south Puget Sound area. Olympia is right next door, making it a convenient drive whether you’re going for work every day or just popping into town once in a while to take advantage of the shopping, dining, and entertainment. With Joint Base Lewis-McChord located just minutes away as well, Lacey is a popular option for military personnel seeking off-base apartments and houses.
The city has no shortage of amenities to keep you occupied—several large shopping centers can be found near Interstate 5, parks and lakes are scattered throughout the community, and unique local restaurants and coffee houses are everywhere. Of course, like everywhere in Washington, the natural landscape surrounding the city is gorgeous— large nature preserves like Olympic National Park and Mt. Rainier National Park are easily within day trip distance.
As of April 2025, the average apartment rent in Lacey, WA is $1,458 for a studio, $1,596 for one bedroom, $1,817 for two bedrooms, and $2,235 for three bedrooms. Apartment rent in Lacey has decreased by -1.3% in the past year.
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
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436 Students
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644 Students
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612 Students
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588 Students
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474 Students
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301 Students
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643 Students
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788 Students
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735 Students
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831 Students
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1,404 Students
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1,440 Students
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† 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 February 2025.