Lacey, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Lacey short-term rental market based on reliable data.

Listings

33 / 73

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$35,842

Middle-Earners Revenue

Occupancy

72%

Middle-Earners Occupancy

Home Value

$511,129

Median Home Sale Price

Top Earners

$65,579

Top-Earners Revenue

Lacey

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lacey.

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B

Generally Investor friendly

Lacey Regulations

STRs are permitted citywide, with clear state rules (RCW 64.37) governing safety, insurance and taxes, and only modest municipal registration ($5/unit, capped at $500/complex) required for larger rental complexes; caps and nightly limits are absent, and the city provides a straightforward compliance pathway.

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About Lacey

Lacey is a city in Thurston County, Washington, United States. It is a suburb of Olympia with a population of 53,526 at the 2020 census, making it the 24th most populous city in Washington. Lacey is located along Interstate 5 between Olympia and the Nisqually River, which marks the border with Pierce County and Joint Base Lewis–McChord.

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