States › Washington › Lacey

Is Lacey, WA expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,00814% higher than U.S. average
💵 Families earn per year (2026)$97,739about $8,145/month · 12% higher than U.S. average
🔑 House price$457,10037% higher than U.S. average

Rent is higher than in 69% of U.S. cities. A typical house costs about 4.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $80,320 a year. That is $39 an hour at a full-time job.

Is rent cheaper than other Washington cities?

Yes. Rent here is cheaper than in most of Washington. It is number 92 of 192 cities from cheapest to most expensive.

Lacey
$2,008
$1,782
$2,213
$1,684
$2,042
$2,360
$3,471

How much do households earn in Lacey?

Under $25k
10.5%
$25k–50k
15.9%
$50k–100k
39.9%
$100k–150k
20.4%
$150k+
9.3%

Share of households by yearly income. 29.6% of households earn $100,000 or more.

Rent by apartment size in Lacey

SizeLaceyU.S. average
Studio$1,872$1,338
1 bedroom$1,748$1,324
2 bedrooms$1,887$1,509
3 bedrooms$2,257$1,698
4 bedrooms$2,837$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lacey overall?

Everyday prices in the Olympia-Lacey-Tumwater metro area are 4% above the U.S. average (index 103.7, U.S. = 100).

Housing
117
Goods (food, clothes…)
105
Utilities
92
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Lacey

🏛️ Property tax$3,774a year · 0.83% of home value · U.S. $3,119
⚡ Electric bill$141a month (typical) · U.S. $156

Life in Lacey

Commute to work25.4 minU.S.: 26.4 min
College degree34.1%U.S.: 35.7%
Own their home55.9%U.S.: 65.2%
Below poverty line11.6%U.S.: 12.5%
Unemployment4.9%U.S.: 5.2%

What jobs pay in Lacey

JobMedian payRent / pay
Pharmacist$154,86015.6%
Physician Assistant$153,94015.7%
Nurse Practitioner$145,95016.5%
Lawyer$132,90018.1%
Registered Nurse$125,02019.3%
Software Developer$124,06019.4%
Dental Hygienist$122,95019.6%
Operations Manager$122,21019.7%
Civil Engineer$108,24022.3%
Computer Systems Analyst$107,14022.5%
Elementary School Teacher$104,65023.0%
Police Officer$99,81024.1%
Electrician$96,60024.9%
Accountant$94,47025.5%
Firefighter$90,05026.8%
Licensed Practical Nurse$81,35029.6%
Plumber$80,03030.1%
Market Research Analyst$79,91030.2%
HVAC Technician$76,26031.6%
Carpenter$63,26038.1%
Truck Driver$63,04038.2%
Medical Assistant$55,70043.3%
Server (Waiter/Waitress)$53,00045.5%
Customer Service Representative$49,63048.6%
Nursing Assistant$48,06050.1%
Restaurant Cook$44,96053.6%
Warehouse Worker$44,76053.8%
Retail Salesperson$37,35064.5%
Cashier$37,34064.5%

Is it cheaper to rent or buy in Lacey?

Renting is cheaper right now: about $1,164 a month less.

Renting
$2,008
Owning
$3,172

Owning assumes a typical $457,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,710 for the down payment.

Frequently asked questions

What is the average rent in Lacey, WA?

Renting in Lacey costs a median of about $2,008 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in Lacey?

To keep rent under 30% of income, you need about $80,320 a year, or $39 an hour at a full-time job.

Is Lacey cheap or expensive?

Lacey is rated OK: rent takes 24.7% of the typical household income of $97,739. It ranks 92nd cheapest of 192 Washington cities we track.

How much are property taxes in Lacey?

The median homeowner in Lacey pays $3,774 a year in property taxes, about 0.83% of the median home value.

Is Lacey more expensive than the national average?

Overall prices in the metro area are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Lacey?

The median home value in Lacey is $457,100, about 4.7 times the typical yearly household income.

57,737 people live in Lacey. Numbers are typical (middle) values.