Cheap Homes for Rent in Olympia, WA from $1,100 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Olympia.

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Olympia, WA Local Guide

Cheapest Neighborhoods for Apartments in Olympia, WA

Pricing Updated: 05/10/2025

Current apartment rentals in the Olympia, WA area range in price from $957 to $4,529 with an overall median price of $3,262. The three Olympia neighborhoods with the lowest median rent pricing are North East at $1,099, Bigelow at $1,099, and Bigelow Highlands at $1,099. 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$1,975$1,09978
Bigelow$2,200$1,09964
Bigelow Highlands$2,220$1,09971
Downtown$2,249$1,09992
Downtown Olympia$2,249$1,09991
Burbank$2,925$1,09988
Goldcrest$2,962$1,099111
Northwest Olympia$2,962$1,099114
Outer West Olympia$2,962$1,09986
Walnut Park$2,962$1,099116

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 $1,100. The Timbers Apartments in the Avonlea 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 ListingModel NameBed/BathPriced From
Cunningham Building0BR/1.0BAStudio,1BA$1,100
The Timbers Apartments1 Bedroom1BR,1BA$1,195
Heritage Park Apartments1 Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Olympia, WA

As of May 10, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Chambers Reserve Townhomes3x3 Small3BR,3BA$1.69
Forest Park Townhomes3 Beds / 2.5 Baths3BR,2.5BA$1.64
Copper Leaf Residences Building A3BR/2.0BA3BR,2BA$1.68
Emerald Pointe ApartmentsThree Bedroom Two Bath3BR,2BA$1.68
Hawks PrairieChehalis2BR,1.5BA$1.58
Regency Apartments2B 2B small2BR,2BA$1.79
The Dakota2 Bed 2 Baths2BR,2BA$1.70
Firwood ManorTraditional Model2BR,1BA$1.41
Abalon Pointe Apartments2 Bed 1 Bath2BR,1BA$1.74
Northwood2 Bed 1 Bath2BR,1BA$1.62

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Frequently Asked Questions about Olympia

What type of rentals are currently available in Olympia?

There are currently 262 Apartments for Rent in Olympia, WA with pricing that ranges from $1,099 to $4,115. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia ranging from $1,100 to $3,975.

What is the current price range for Rental Homes in Olympia?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olympia ranges from $1,100 to $3,975 with an average monthly rent of $2,193.

How much are larger Three and Four Bedroom Rentals in Olympia?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olympia range from $1,646 to $3,704, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,925.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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