Luxury Apartments for Rent in 98503
71 rentals
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Use arrow keys to navigatePET FRIENDLY$2,695 - $3,045/mo
3-4 Beds
3 BathsChambers Reserve Townhomes | 3725 Wildspitz St SE #3726-D,
Lacey, WA 98503
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SPECIAL OFFERPET FRIENDLY$1,540 - $2,485/mo1-3 Beds1-3 BathsCollege Pointe Apartments | 4625 45th Ave SE #T-T-03,
Lacey, WA 98503
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SPECIAL OFFERPET FRIENDLY$1,499 - $2,299/moStudio-3 Beds1-2 BathsLakeview Apartments | 7608 19th Ln SE #27478,
Lacey, WA 98503
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SPECIAL OFFERPET FRIENDLYTotal price$2,024 - $2,141/mo1-2 Beds1-2 BathsThe Dakota | 6205 Pacific Ave SE #106,
Lacey, WA 98503
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PET FRIENDLY$1,950 - $2,049/mo1-2 Beds1-2 BathsSerenity Apartments | 444 Carpenter Rd SE #440-103,
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 May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,795 |
| Jul 2025 | $1,950 |
| 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 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,610 | $1,820 | $2,517 | $2,900 | $1,999 |
| Townhomes | $1,900 | $2,185 | $2,695 | $2,450 | $2,695 |
| Apartments and Condos | $1,250 | $1,780 | $1,850 | — | $1,600 |
| Houses | — | $1,750 | $2,578 | $2,795 | $2,625 |
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 $1,804 per month. This is about 6% lower than the national average.
- What is the average rent of a house in 98503?The average rent of a house in 98503 is $2,625 per month. This is about 36% higher than the national average.
- What is the average rent of a townhome in 98503?The average rent of a townhome in 98503 is $2,695 per month. This is about 40% higher 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 $1,610 per month. That is about $114 more than the cost of a studio apartment.
- How many available rental listings are in 98503?There are 74 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.