Cheap Apartments for Rent in the South Capitol Neighborhood of Olympia, WA from $900 (29 Rentals)

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

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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
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The Elks Apartments
1 to 2 Bedroom Apartments

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
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The Lurana
Studio to 1 Bedroom Apartments

The Lurana

215 Columbia St NWOlympia, WA 98501
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Lakeridge Regency
1 to 2 Bedroom Apartments

Lakeridge Regency

2008 Evergreen Park Dr SWOlympia, WA 98502
  • Utilities Included
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Firwood Manor
2 Bedroom Apartments

Firwood Manor

1400 Evergreen Park Dr SWOlympia, WA 98502
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Olympia Village
1 Bedroom Apartments

Olympia Village

900 Fairview St SEOlympia, WA 98501
Senior Living
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Market Flats
1 Bedroom Apartments

Market Flats

310 Capitol WayOlympia, WA 98501

South Capitol, Olympia, WA Local Guide

Cheapest Available South Capitol Apartments for Rent

 

The cheapest available apartment rental in the South Capitol area of Olympia, WA is a 1 Bed unit found at The Elks Apartments priced from $1,195. 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 South Capitol apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
The Elks Apartments1 bed1BR,1BA$1,195
Boardwalk Senior Affordable ApartmentsA11BR,1BA$1,199
The Malt House Apartment Homes0BR/1.0BAStudio,1BA$1,225
Heritage Park Apartments1 Bedroom1BR,1BA$1,250
Westman MillsStudioStudio,1BA$1,250
Olympia Townhouses - 211 Pattison2BR/1.0BA2BR,1BA$1,255
123-4thA5Studio,1BA$1,275
The Lurana0BR/1.0BAStudio,1BA$1,300
Firwood ManorTraditional Model2BR,1BA$1,395

Best Value Apartments for Rent in South Capitol, WA

As of April 24, 2025 the best value apartment in the South Capitol area is the $1.64 price per square foot 3 Beds / 2.5 Baths Model at Forest Park Townhomes in the in the South Westside neighborhood starting from $2,550. The second greatest value South Capitol apartment is the 3BR/2.0BA Model at Copper Leaf Residences Building A starting at $2,400 with a $1.69 price per square foot in the South Westside neighborhood. Here is today’s list of the best values for South Capitol apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Park Townhomes3 Beds / 2.5 Baths3BR,2.5BA$1.64
Copper Leaf Residences Building A3BR/2.0BA3BR,2BA$1.69
Firwood ManorTraditional Model2BR,1BA$1.41
Abalon Pointe Apartments2 Bed 1 Bath2BR,1BA$1.74
Olympia Townhouses - 211 Pattison2BR/1.0BA2BR,1BA$1.39
Cambridge Court1 Bed 1 Bath B1BR,1BA$1.98
Breckenridge HeightsWindsor1BR,1BA$1.88
The Elks Apartments1 bed1BR,1BA$1.53
Capitol Crossing1x11BR,1BA$2.04
Heritage Park Apartments1 Bedroom1BR,1BA$1.92

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Pet Friendly Lifestyle
South Capitol, Olympia, WA

Ranked #9

Among neighborhoods in Olympia, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Olympia. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the South Capitol Neighborhood in Olympia, WA

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap South Capitol Apartments

What is a cheap apartment in South Capitol?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Capitol is under $1,395.

What is the price of a cheap apartment in South Capitol?

The cheapest apartment in South Capitol is The Elks Apartments which is listed at $1,195, while the average apartment in South Capitol costs $3,819.

What types of apartments are the cheapest in South Capitol?

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 3 regular apartments in South Capitol 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 South Capitol?

Cheap apartments in South Capitol have an average cost of $142 which is $3,677 cheaper than the average rent for all rentals in South Capitol.

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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.