How many apartments are available in 98503 on Rentable.co?

Rentable.co has 32 apartments available for rent in 98503.

What is the average rent for an apartment in 98503?

The average rent for an apartment in 98503 is around $1,790 per month.

What is the average rent for a two-bedroom apartment in 98503?

The average rent for a two-bedroom apartment in 98503 is around $1,600 per month.

What is the average rent for a one-bedroom apartment in 98503?

The average rent for a one-bedroom apartment in 98503 is around $1,250 per month.

Apartments in 98503

Lacey:
May Rent Report

Welcome to the May 2024 Lacey Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Lacey Rent Prices Decrease From April to May

Lacey rent prices decreased over the last month. From April to May, the city experienced a -0.22% 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 April to May, Lacey experienced a -1.33% decrease for the price of a two-bedroom apartment. The rent price for a Lacey two-bedroom apartments currently stands at $2,156.0.

May 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.

May 2024 Pricing Trends: Lacey vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

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 May	1 BR M/M % Change	2 BR May	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.