504 4th Ave E
OlympiaWA98501
Cheap Homes for Rent in Olympia, WA from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia.
114 W Bay Dr NW
OlympiaWA98502
1120 Frederick St SE
OlympiaWA98501
220 Israel Rd SW
TumwaterWA98501
918 Sawyer St SE
OlympiaWA98501
503 N 5th Ave SW
TumwaterWA98512
1801 Evergreen Park Ct SW
OlympiaWA98502
Showing Results 1-7, Page 1 of 1
Olympia, WA Local Guide
How much does it cost to rent a home in Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olympia 2 Bedroom Homes for Rent | $1,990 | $1,650 | $2,500 |
| Olympia 3 Bedroom Homes for Rent | $2,446 | $1,899 | $3,195 |
| Olympia 4 Bedroom Homes for Rent | $2,973 | $2,695 | $3,200 |
Browse Top Homes for Rent in Olympia
Explore Olympia
Olympia, WA Local Guide
- Olympia Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 03/25/2025Current apartment rentals in the Olympia, WA area range in price from $1,190 to $3,250 with an overall median price of $2,907. The three Olympia neighborhoods with the lowest median rent pricing are Downtown Olympia at $1,190, Bigelow at $1,190, and Bigelow Highlands at $1,190. 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 |
|---|---|---|---|
| Downtown Olympia | $1,950 | $1,190 | 79 |
| Bigelow | $2,500 | $1,190 | 141 |
| Bigelow Highlands | $2,500 | $1,190 | 141 |
| Ridge at Suncrest | $2,695 | $1,875 | 67 |
| Burbank | $2,750 | $1,190 | 154 |
| Downtown | $2,750 | $1,190 | 190 |
| East Bay Drive | $2,750 | $1,190 | 269 |
| North East | $2,750 | $1,190 | 297 |
| South Capitol | $2,750 | $1,190 | 408 |
| Upper Eastside | $2,750 | $1,190 | 326 |
Cheapest Available Olympia Apartments for Rent
The cheapest available apartment rental in Olympia, WA is a 1 Bed unit found at Reserve at Lacey 55+ Affordable Living in the Lexington neighborhood priced from $1,191. 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 |
|---|---|---|---|
| Reserve at Lacey 55+ Affordable Living | 1 Bed 1 Bath (A11A) | 1BR,1BA | $1,191 |
| Cunningham Building | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Boardwalk Senior Affordable Apartments | A1 | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Olympia, WA
As of March 25, 2025 the best value apartment in the Olympia area is the $1.32 price per square foot 8024 Sabelle St SW Model at 8024 Sabelle St SW in the in the West Olympia neighborhood starting from $3,225. The second greatest value Olympia apartment is the 8342 49th Loop SE Model at 8342 49th Loop SE starting at $3,300 with a $1.40 price per square foot in the Lake Forest 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. |
|---|---|---|---|
| 8024 Sabelle St SW | 8024 Sabelle St SW | 5BR,3BA | $1.32 |
| 8342 49th Loop SE | 8342 49th Loop SE | 5BR,3BA | $1.40 |
| 7711 Verona Lp SW | 7711 Verona Lp SW | 4BR,2.5BA | $1.40 |
| 6634 Axis St SE | 6634 Axis St SE | 4BR,2.5BA | $1.40 |
| 7915 Verona Loop | 7915 Verona Loop | 4BR,2.5BA | $1.44 |
| 7817 Verona Loop | 7817 Verona Loop | 4BR,2.5BA | $1.44 |
| 8347 49th Loop SE | 8347 49th Loop SE | 3BR,2BA | $1.44 |
| 8236 58th Ave SE | 8236 58th Ave SE | 3BR,2BA | $1.39 |
| Capitol City Apartments | 2 x 2 | 2BR,2BA | $1.47 |
| Olympia Townhouses - 211 Pattison | 2BR/1.0BA | 2BR,1BA | $1.44 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Olympia area?
If you’re an expert on all things Olympia, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Olympia
What type of rentals are currently available in Olympia?
There are currently 281 Apartments for Rent in Olympia, WA with pricing that ranges from $1,199 to $3,992. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia ranging from $1,190 to $3,200.
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 $1,190 to $3,200 with an average monthly rent of $2,160.
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 $1,400 to $3,796, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,899 to $3,195. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,595.
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.