• The Elowen - The Elowen

The Elowen

5224 15th Ave NE, Lacey, WA 98516

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,795 - $2,725 1 - 3 1 - 2

Rent Specials

Up to 8 Weeks Free!* Look, Lease, and Save Today! *Restrictions may apply.

Pricing and Floor Plans

Rent Estimate
Cost Calculator: Estimate your monthly and one-time fees.

1x1 C

$1,840 - $1,900
1 Bed, 1 Bath
658 Sq. Ft.

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68 Rentals Available
Unit
Total Price
Sq. Ft.
Available
A303
$1,850
658
Now
A305
$1,850
658
Now
B105
$1,840
658
Now

1x1 D

$1,795 - $1,870
1 Bed, 1 Bath
615 Sq. Ft.

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Jul. 23
Unit
Total Price
Sq. Ft.
Available
E306
$1,805
615
7/23/26
E207
$1,805
615
7/23/26
E307
$1,815
615
7/23/26

1x1 Den

$2,020 - $2,050
1 Bed, 1 Bath
782 Sq. Ft.

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Jul. 23
Unit
Total Price
Sq. Ft.
Available
E202
$2,020
782
7/23/26
E302
$2,030
782
7/23/26
E102
$2,040
782
7/23/26

2x2 C

$2,385 - $2,495
2 Beds, 2 Baths
1,021 Sq. Ft.

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102 Rentals Available
Unit
Total Price
Sq. Ft.
Available
A204
$2,385
1,021
Now
A208
$2,395
1,021
Now
A108
$2,450
1,021
Now

2x1 C

$2,165 - $2,185
2 Beds, 1 Bath
895 Sq. Ft.

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Jul. 25
Unit
Total Price
Sq. Ft.
Available
F301
$2,175
895
7/25/26
F101
$2,185
895
7/25/26
H207
$2,165
895
8/20/26

2x1 D

$2,045 - $2,075
2 Beds, 1 Bath
863 Sq. Ft.

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Jul. 23
Unit
Total Price
Sq. Ft.
Available
E201
$2,055
863
7/23/26
E205
$2,055
863
7/23/26
E301
$2,065
863
7/23/26

2x2 D

$2,365 - $2,450
2 Beds, 2 Baths
999 Sq. Ft.

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Jul. 23
Unit
Total Price
Sq. Ft.
Available
E203
$2,385
999
7/23/26
E303
$2,395
999
7/23/26
E103
$2,450
999
7/23/26

2x1 E

$2,145 - $2,165
2 Beds, 1 Bath
915 Sq. Ft.

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Jul. 23
Unit
Total Price
Sq. Ft.
Available
E204
$2,155
915
7/23/26
E304
$2,165
915
7/23/26
M304
$2,155
915
12/23/26

3x2 D

$2,705 - $2,725
3 Beds, 2 Baths
1,147 Sq. Ft.

Show Floor Plan Details

Dec. 23
Unit
Total Price
Sq. Ft.
Available
M208
$2,705
1,147
12/23/26
M308
$2,715
1,147
12/23/26
M108
$2,725
1,147
12/23/26
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Map of The Elowen

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Nearby Colleges and Universities

School

Commute Time (Distance)

South Puget Sound Comm. Coll.

Drive: 13 min (7.3 mi)

The Evergreen State College

Drive: 19 min (11.6 mi)

Details

Property Information

  • Built in 2026
  • 324 units / 2 stories

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Basics

Due at Move-In

  • Security Deposit
    Varies one-time

Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Property Highlights

Settled within the nature-rich city of Lacey, Washington, the new garden-style apartments at The Elowen offer a cozy, homey vibe while keeping residents close to the action. Surrounded by towering trees and lush greenery, this charming community feels like a personal hideaway but is just minutes from all the conveniences of city life. Our new and exciting community of one, two, and three-bedroom apartments are designed for quiet comfort, natural light, and lasting connection. Inspired by the trees in the Pacific Northwest, a timeless symbol of rootedness and belonging, it's a community that tells a story of daily life at our property, with open green spaces that invite relaxation, slow mornings with soft sunlight filtering through the trees within our community, and a lifestyle in tune with the rhythms of the Pacific Northwest.

  • Air Conditioner
  • BILT Rewards
  • Carport
  • Carports
  • Coffee Bar
  • EV Chargers
  • Faux Wood Blinds
  • Fire Seating Area
  • Full Size Washer & Dryer
  • Garbage Disposal

Apartment Features

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • High Ceilings
  • High Speed Internet Access
  • Kitchen
  • Pantry
  • Quartz Countertops
  • Refrigerator

Community Features

  • Car Charging Station
  • Clubhouse
  • Dog Park
  • Fitness Center
  • Grill
  • Pickleball Court
  • Playground
  • Putting Greens
  • Sauna
  • Walking/Biking Trails

Area Scores

Walkability

Somewhat walkable30 / 100

Driveability

Exceptionally drivable90 / 100

Bikeability

Fairly bikeable40 / 100

Scores provided by

Soundscore

Active74 / 100

Scores provided by
HowLoud

Transit

Commuter Rail
Olympia-Lacey Amtrak Station
16 min Drive
Amtrak

Moving to East Olympia, Lacey, WA

Shopping Centers

Shoppers will appreciate The Elowen proximity to Martin Way Station, Pacific Peninsula Plaza, and Martin Way Marketplace. Martin Way Station is 1.5 miles away, and Pacific Peninsula Plaza is within a 28 minute walk.

Parks and Recreation

Recreational activities near The Elowen are plentiful. Discover 5 parks within 4.5 miles, including Friendly Grove Park, Margaret McKenny Park, and Chambers Lake Park.

Property Details

Settled within the nature-rich city of Lacey, Washington, the new garden-style apartments at The Elowen offer a cozy, homey vibe while keeping residents close to the action. Surrounded by towering trees and lush greenery, this charming community... feels like a personal hideaway but is just minutes from all the conveniences of city life. Our new and exciting community of one, two, and three-bedroom apartments are designed for quiet comfort, natural light, and lasting connection. Inspired by the trees in the Pacific Northwest, a timeless symbol of rootedness and belonging, it's a community that tells a story of daily life at our property, with open green spaces that invite relaxation, slow mornings with soft sunlight filtering through the trees within our community, and a lifestyle in tune with the rhythms of the Pacific Northwest.

The Elowen is located in Lacey, WA in the 98516 zip code.

Avenue5 Residential

Contact

Property Address:
5224 15th Ave NE,
Lacey, WA 98516
Phone Number: (360) 810-5256
More Information:
View Property Website
Office Hours
  • Sunday10:00 AM - 5:00 PM
  • Monday9:00 AM - 6:00 PM
  • Tuesday9:00 AM - 6:00 PM
  • Wednesday9:00 AM - 6:00 PM
  • Thursday9:00 AM - 6:00 PM
  • Friday9:00 AM - 6:00 PM
  • Saturday10:00 AM - 5:00 PM

The Elowen Gallery

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