Cheap Apartments for Rent in 98503
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,299 - $1,542/mo
2 Beds
1 BathReserve at Lacey 55+ Active Senior Living | Pacific Ave SE,
Lacey, WA 98503
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Average Rent Trends in 98503
Rent in 98503 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,000 |
| Sep 2025 | $2,350 |
| Oct 2025 | $2,195 |
| Nov 2025 | $2,067 |
| Dec 2025 | $2,100 |
| Jan 2026 | $2,185 |
| Feb 2026 | $2,100 |
| Mar 2026 | $1,995 |
| Apr 2026 | $1,895 |
| May 2026 | $1,999 |
| Jun 2026 | $1,895 |
| Jul 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,587 | $1,824 | $2,495 | $3,000 | $1,939 |
| Townhomes | — | $2,140 | $1,995 | — | $2,105 |
| Apartments and Condos | $1,295 | $1,695 | $1,850 | — | $1,683 |
| Houses | $1,800 | $2,250 | $2,500 | $3,000 | $2,650 |
Frequently Asked Questions about Rentals in 98503
- What is the average rent of an apartment in 98503?The average rent of an apartment in 98503 is $1,646 per month. This is about 16% lower than the national average.
- When is the average rent cheapest in 98503?In the last year, the average rent in 98503 was lowest in Jun 2025 when it was $1,795 per month.
- When is the average rent most expensive in 98503?In the last year, the average rent in 98503 was highest in Sep 2025 when it was $2,350 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98503?The average rent of a 1 bedroom apartment in 98503 is $1,587 per month. That is about $72 more than the cost of a studio apartment.
- How many available rental listings are in 98503?There are 69 available rental listings in 98503.
- What are some cities near 98503?Some nearby cities include: Lacey, Olympia, Tumwater, Nisqually Indian Community, Dupont, Fort Lewis. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 98503 - 186 Rentas | Trulia