Cheap Apartments for Rent in the Downtown Olympia Neighborhood of Olympia, WA from $900 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Olympia area of Olympia.

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The Elks Apartments
1 to 2 Bedroom Apartments

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
  • Utilities Inc.
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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
  • Utilities Inc.
property at 504 4th Ave E

504 4th Ave E

OlympiaWA98501
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Westman Mills
Studio to 3 Bedroom Apartments

Westman Mills

510 State Ave NEOlympia, WA 98501
  • Utilities Inc.

Cheapest Available Downtown Olympia Apartments for Rent

 

The cheapest available apartment rental in the Downtown Olympia area of Olympia, WA is a Studio unit found at Cunningham Building priced from $1,095. Boardwalk Senior Affordable Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Downtown Olympia apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Cunningham Building0BR/1.0BAStudio,1BA$1,095
Boardwalk Senior Affordable ApartmentsA11BR,1BA$1,199
The Malt House Apartment Homes0BR/1.0BAStudio,1BA$1,225
The Lurana0BR/1.0BAStudio,1BA$1,300
Capitol Crossing1x11BR,1BA$1,450

Best Value Apartments for Rent in Downtown Olympia, WA

As of March 13, 2025 the best value apartment in the Downtown Olympia area is the $1.44 price per square foot 7915 Verona Loop Model at 7915 Verona Loop in the in the South Westside neighborhood starting from $2,895. The second greatest value Downtown Olympia apartment is the 7817 Verona Loop Model at 7817 Verona Loop starting at $2,895 with a $1.44 price per square foot in the South Westside neighborhood. Here is today’s list of the best values for Downtown Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7915 Verona Loop7915 Verona Loop4BR,2.5BA$1.44
7817 Verona Loop7817 Verona Loop4BR,2.5BA$1.44
Copper Leaf Residences Building A3BR/2.0BA3BR,2BA$1.69
The GoatD13BR,2BA$2.24
123-4thC32BR,2BA$2.31
WoodlandBirch1BR,1BA$1.94
Breckenridge HeightsWindsor1BR,1BA$1.88
Capitol Crossing1x11BR,1BA$2.04
Silver Leaf Residences Building A1BR/1.0BA1BR,1BA$2.49
Montair at Somerset HillAdams1BR,1BA$2.47

Getting Around the Downtown Olympia Neighborhood in Olympia, WA

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Downtown Olympia Apartments

What is the Cheapest Studio apartment in Downtown Olympia?

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

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

The lowest price for a Cheap One Bedroom Downtown Olympia Apartment is $1,195 at Cunningham Building.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Olympia is starting from $1,399 at Boardwalk Senior Affordable Apartments.

What is the most affordable Downtown Olympia Three Bedroom Apartment?

The best deal on a cheap Downtown Olympia Three Bedroom Apartment rental is at Montair at Somerset Hill and starts from $2,226.

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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