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from $1,1991 to 2 Bedroom Apartments Available Now
Boardwalk Senior Affordable Apartments
410-510 Capitol Way NOlympia, WA 98501
Cheap Apartments for Rent in Olympia, WA from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Olympia.
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from $1,2071 to 3 Bedroom Apartments Contact Us For Availability
Crowne Pointe Apartments
2800 Limited Ln NWOlympia, WA 98502
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from $1,225Studio to 1 Bedroom Apartments Available Now
The Malt House Apartment Homes
505 Legion Way SEOlympia, WA 98501
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from $1,250Studio to 3 Bedroom Apartments Available Now
Westman Mills
510 State Ave NEOlympia, WA 98501
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from $1,275Studio to 1 Bedroom Apartments Available Now
Heritage Park Apartments
1818 Evergreen Park Dr SWOlympia, WA 98502
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Studio to 1 Bedroom Apartments
Tumwater Apartments - Senior Community
5701 6th Ave SWOlympia, WA 98501
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from $1,2001 to 2 Bedroom Apartments Available Now
The Timbers Apartments
2928 Ruddell Rd SELacey, WA 98503
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from $1,2251 to 2 Bedroom Apartments Available Now
Capitol Club Apartments
3800 14th Ave SELacey, WA 98503
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Showing Results 1-25, Page 1 of 1
Olympia, WA Local Guide
How much does it cost to rent an apartment in Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Olympia Studio Apartments | $1,353 | $1,225 | $2,568 |
| Cheap Olympia 1 Bedroom Apartments | $1,669 | $1,199 | $3,266 |
| Cheap Olympia 2 Bedroom Apartments | $1,978 | $1,335 | $3,992 |
| Cheap Olympia 3 Bedroom Apartments | $2,431 | $1,400 | $3,817 |
| Cheap Olympia 4 Bedroom Apartments | $2,911 | $2,595 | $3,190 |
Browse Top Apartments in Olympia
See all Apartments in OlympiaExplore Olympia
Olympia, WA Local Guide
Written By:
Staff Writer Local Guide Expert
- Olympia Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 03/23/2025Current apartment rentals in the Olympia, WA area range in price from $957 to $4,809 with an overall median price of $2,549. The three Olympia neighborhoods with the lowest median rent pricing are North East at $1,199, Bigelow Highlands at $1,199, and Bigelow at $1,199. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Olympia Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North East | $2,010 | $1,199 | 3775 |
| Bigelow Highlands | $2,100 | $1,199 | 3465 |
| Bigelow | $2,170 | $1,199 | 3297 |
| Eastside | $2,185 | $1,199 | 5529 |
| Upper Eastside | $2,185 | $1,199 | 5137 |
| Northwest Olympia | $2,202 | $1,199 | 6812 |
| Wellington West | $2,202 | $1,199 | 6142 |
| West Bay Drive | $2,202 | $1,199 | 6812 |
| East Bay Drive | $2,220 | $1,199 | 5781 |
| Downtown | $2,232 | $1,199 | 5277 |
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. Reserve at Lacey 55+ Affordable Living in the Lexington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,191. Here is today’s list of the most affordable Olympia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,095 |
| Reserve at Lacey 55+ Affordable Living | 1 Bed 1 Bath (A11A) | 1BR,1BA | $1,191 |
| Boardwalk Senior Affordable Apartments | A1 | 1BR,1BA | $1,199 |
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Capitol Club Apartments | One Bedroom | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Olympia, WA
As of March 23, 2025 the best value apartment in the Olympia area is the $1.51 price per square foot 4X3 Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,949. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chambers Reserve Townhomes | 4X3 | 4BR,3BA | $1.51 |
| Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
| Hawks Prairie | Chehalis | 2BR,1.5BA | $1.66 |
| Smyth | 3x2 | 3BR,2BA | $1.64 |
| 6Wood Flats | 2x2 B | 2BR,2BA | $1.61 |
| Capitol City Apartments | 2 x 2 | 2BR,2BA | $1.47 |
| The Madison | Lincoln | 2BR,2BA | $1.58 |
| 1130 Golf Club Rd SE, Unit 1212 | 1130 Golf Club Rd SE | 2BR,2BA | $1.62 |
| 211 Pattison St NE | 2BR/1.0BA | 2BR,1BA | $1.48 |
| Northwood | 2 Bed 1 Bath | 2BR,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 LifestyleOlympia, WA
Ranked #16
Among cities in Washington for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Olympia, WA
School data provided by Great Schools
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See the most popular apartments and homes in Olympia, WA
Olympia, WA Apartments MapOlympia, WA Rental Homes MapGetting 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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Olympia Apartments
What is a cheap apartment in Olympia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olympia is under $1,335.
What is the price of a cheap apartment in Olympia?
The cheapest apartment in Olympia is Reserve at Lacey 55+ Affordable Living which is listed at $1,191, while the average apartment in Olympia costs $2,549.
What types of apartments are the cheapest in Olympia?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,298 regular apartments in Olympia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Olympia?
Cheap apartments in Olympia have an average cost of $164 which is $2,385 cheaper than the average rent for all rentals in Olympia.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
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.
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.
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.