Cheap Apartments for Rent in Olympia, WA from $600 (28 Rentals)

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Suncrest Apartments
1 to 3 Bedroom Apartments

Suncrest Apartments

320 Israel Rd SWOlympia, WA 98501
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The Elks Apartments
1 to 2 Bedroom Apartments

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
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7602 SE 3rd Ave
2 Bedroom Apartments

7602 SE 3rd Ave

7602 SE 3rd AveOlympia, WA 98503
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Westman Mills
Studio to 3 Bedroom Apartments

Westman Mills

510 State Ave NEOlympia, WA 98501
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Silverwood
Studio to 2 Bedroom Apartments

Silverwood

1617 Judd St SELacey, WA 98503
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Golf Club Apartments
1 to 3 Bedroom Apartments

Golf Club Apartments

1130 Golf Club Rd SELacey, WA 98503
  • Utilities Inc.

Olympia, WA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Olympia, WA

Pricing Updated: 03/01/2025

Current apartment rentals in the Olympia, WA area range in price from $957 to $5,650 with an overall median price of $2,489. The three Olympia neighborhoods with the lowest median rent pricing are North East at $1,175, Eastside at $1,150, and Upper Eastside at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Olympia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North East$2,025$1,1753669
Eastside$2,221$1,1505045
Upper Eastside$2,221$1,1504778
Northwest Olympia$2,241$1,1507112
Walnut Park$2,241$1,1507399
West Bay Drive$2,241$1,1507064
Bigelow$2,250$1,1993285
Bigelow Highlands$2,250$1,1993432
Burbank$2,250$1,1994288
Goldcrest$2,250$1,1996305

Cheapest Available Olympia Apartments for Rent

 

The cheapest available apartment rental in Olympia, WA is a Studio unit found at Cunningham Building in the South Westside neighborhood priced from $1,095. Heritage Park Apartments in the Wellington West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Olympia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cunningham Building0BR/1.0BAStudio,1BA$1,095
Heritage Park ApartmentsStudioStudio,1BA$1,150
Capitol Club ApartmentsOne Bedroom1BR,1BA$1,175
Reserve at Lacey 55+ Affordable Living1 Bed 1 Bath (A11A)1BR,1BA$1,191
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,199
The Timbers Apartments1 Bedroom1BR,1BA$1,200
Lacey Park ApartmentsEasily AffordableStudio,1BA$1,200
The Malt House Apartment Homes0BR/1.0BAStudio,1BA$1,225
Capital ParkStudioStudio,1BA$1,250

Best Value Apartments for Rent in Olympia, WA

As of March 01, 2025 the best value apartment in the Olympia area is the $1.63 price per square foot 3x3 Large Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,895. The second greatest value Olympia apartment is the 3 Beds / 2.5 Baths Model at Forest Park Townhomes starting at $2,550 with a $1.64 price per square foot in the South Westside neighborhood. Here is today’s list of the best values for Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chambers Reserve Townhomes3x3 Large3BR,3BA$1.63
Forest Park Townhomes3 Beds / 2.5 Baths3BR,2.5BA$1.64
Copper Leaf Residences Building A3BR/2.0BA3BR,2BA$1.69
9035 Steilacoom Rd SE, Unit A9035 Steilacoom Rd SE3BR,2BA$1.62
Hawks PrairieChehalis2BR,1.5BA$1.66
Capitol City Apartments2 x 22BR,2BA$1.47
Firwood ManorTraditional Model2BR,1BA$1.41
211 Pattison St NE2BR/1.0BA2BR,1BA$1.51
Abbey Lane Apartments2 Bed 1 Bath2BR,1BA$1.68
Northwood2 Bed 1 Bath2BR,1BA$1.62

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Olympia Overview

Olympia is the capital city and the largest town in Washington. With many local attractions and safe communities, many people find the city an ideal place to live. Many government agencies located within the city also offer residents an easy way to professional employment.

Why live in Olympia, WA?

Unlike other cities, Washington’s capital is a vibrant economy with a low population, especially for first-time residents. Despite the heavy presence of industries towards the north, it is a clean, mid-sized capital city with abundant recreational facilities. The Washington’s coasts are within a day’s drive with excellent services and amenities. It is an attractive capital city with a well-kept appearance featuring waterfronts and neighborhoods. The population within Olympia is educated and very friendly. Although finding employment is a bit challenging, current projections and trends are still promising.

Pet Friendly Lifestyle
Olympia, WA

Ranked #15

Among cities in Washington for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Olympia, WA Rentals by Map

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Getting Around Olympia, WA

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Olympia Apartments

What is the Cheapest Studio apartment in Olympia?

Currently the most affordable Cheap Studio Apartment in Olympia is at Cunningham Building listed at $1,095.

How much is rent for a Cheap One Bedroom Olympia Apartment?

The lowest price for a Cheap One Bedroom Olympia Apartment is $1,175 at Capitol Club Apartments.

What is the lowest price for a Cheap Two Bedroom Olympia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Olympia is starting from $1,245 at The Timbers Apartments.

What is the most affordable Olympia Three Bedroom Apartment?

The best deal on a cheap Olympia Three Bedroom Apartment rental is at Evergreen Rock Maple Apartments and starts from $1,400.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.