
Cheap Apartments for Rent in Olympia, WA from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Olympia.


Crowne Pointe Apartments

The Malt House Apartment Homes

Westman Mills

Olympia Townhouses - 211 Pattison

Heritage Park Apartments

Tumwater Apartments - Senior Community

The Timbers Apartments
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 | $1,322 | $1,225 | $1,730 |
Cheap Olympia 1 Bedroom Apartments | $1,690 | $1,199 | $3,584 |
Cheap Olympia 2 Bedroom Apartments | $1,989 | $1,275 | $4,104 |
Cheap Olympia 3 Bedroom Apartments | $2,470 | $1,559 | $3,777 |
Cheap Olympia 4 Bedroom Apartments | $2,992 | $2,595 | $3,549 |
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Olympia, WA Local Guide

- Olympia Neighborhoods
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Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 04/07/2025Current apartment rentals in the Olympia, WA area range in price from $957 to $5,089 with an overall median price of $3,658. The three Olympia neighborhoods with the lowest median rent pricing are Wellington West at $1,199, Goldcrest at $1,199, and Outer West Olympia 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 |
---|---|---|---|
Wellington West | $2,146 | $1,199 | 121 |
Goldcrest | $2,595 | $1,199 | 126 |
Outer West Olympia | $2,745 | $1,199 | 108 |
Walnut Park | $2,745 | $1,199 | 145 |
Bigelow | $2,895 | $1,199 | 74 |
Bigelow Highlands | $2,895 | $1,199 | 76 |
Burbank | $2,895 | $1,199 | 97 |
Downtown | $2,895 | $1,199 | 99 |
Downtown Olympia | $2,895 | $1,199 | 99 |
East Bay Drive | $2,895 | $1,199 | 120 |
Cheapest Available Olympia Apartments for Rent
 The cheapest available apartment rental in Olympia, WA is a 1 Bed unit found at The Elks Apartments in the South Westside neighborhood priced from $1,195. Cunningham Building in the South Westside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Olympia apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Elks Apartments | 1 bed | 1BR,1BA | $1,195 |
Cunningham Building | 1BR/1.0BA | 1BR,1BA | $1,195 |
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 April 08, 2025 the best value apartment in the Olympia area is the $1.69 price per square foot 3x3 Small Model at Chambers Reserve Townhomes in the in the Lexington neighborhood starting from $2,695. 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 | 3x3 Small | 3BR,3BA | $1.69 |
Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
Copper Leaf Residences Building A | 3BR/2.0BA | 3BR,2BA | $1.69 |
Hawks Prairie | Chehalis | 2BR,1.5BA | $1.66 |
The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.77 |
Firwood Manor | Traditional Model | 2BR,1BA | $1.41 |
Abalon Pointe Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
Olympia Townhouses - 211 Pattison | 2BR/1.0BA | 2BR,1BA | $1.42 |
Northwood | 2 Bed 1 Bath | 2BR,1BA | $1.62 |
The Elks Apartments | 1 bed | 1BR,1BA | $1.53 |
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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 #14
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
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Olympia, WA Rentals by Map
See the most popular apartments and homes in Olympia, WA
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
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 $1,345.
What is the price of a cheap apartment in Olympia?
The cheapest apartment in Olympia is The Elks Apartments which is listed at $1,195, while the average apartment in Olympia costs $3,658.
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 58 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 $150 which is $3,508 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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.