
Cheap Apartments for Rent in the South Olympia Neighborhood of Olympia, WA from $600 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Olympia area of Olympia.


Heritage Park Apartments

Crowne Pointe Apartments

The Malt House Apartment Homes

Westman Mills

Tumwater Apartments - Senior Community
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The Timbers Apartments
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South Olympia, Olympia, WA Local Guide

How much does it cost to rent an apartment in South Olympia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Olympia Studio Apartments | $1,377 | $1,150 | $3,162 |
South Olympia 1 Bedroom Apartments | $1,655 | $1,099 | $3,204 |
South Olympia 2 Bedroom Apartments | $2,016 | $1,356 | $4,529 |
South Olympia 3 Bedroom Apartments | $2,451 | $1,646 | $4,280 |
South Olympia 4 Bedroom Apartments | $3,006 | $2,245 | $3,549 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the South Olympia Neighborhood of Olympia, WA.
See all Apartments in OlympiaExplore Olympia
South Olympia, Olympia, WA Local Guide
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Cheapest Available South Olympia Apartments for Rent
 The cheapest available apartment rental in the South Olympia area of Olympia, WA is a 1 Bed unit found at Boardwalk Senior Affordable Apartments priced from $1,099. Cunningham Building has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable South Olympia apartments for rent in Olympia, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Boardwalk Senior Affordable Apartments | A1 | 1BR,1BA | $1,099 |
Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,100 |
Reserve at Lacey 55+ Affordable Living | 1 Bed 1 Bath (A1) | 1BR,1BA | $1,191 |
Capitol Club Apartments | One Bedroom | 1BR,1BA | $1,225 |
The Malt House Apartment Homes | 0BR/1.0BA | Studio,1BA | $1,225 |
Alpine Village | Studio | Studio,1BA | $1,240 |
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,245 |
Westman Mills | Studio | Studio,1BA | $1,250 |
123-4th | A5 | Studio,1BA | $1,275 |
The Lurana | 0BR/1.0BA | Studio,1BA | $1,300 |
Best Value Apartments for Rent in South Olympia, WA
As of May 14, 2025 the best value apartment in the South 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 South 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 South 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 | $1.68 |
The Villas at Kennedy Creek Apartments | Glacier | 3BR,2BA | $1.85 |
Regency Apartments | 2B 2B small | 2BR,2BA | $1.79 |
The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.72 |
Parkview Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.84 |
Tribeca | Unit C | 2BR,2BA | $1.79 |
Abalon Pointe Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
Northwood | 2 Bed 1 Bath | 2BR,1BA | $1.62 |
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.
Pet Friendly LifestyleSouth Olympia, Olympia, WA
Ranked #1
Among neighborhoods in Olympia, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Olympia, Olympia, WA
George Washington Bush Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Washington, including Olympia. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, family-friendly amenities, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.
Getting Around the South Olympia Neighborhood in Olympia, WA
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
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 South Olympia Apartments
What is a cheap apartment in South Olympia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Olympia is under $1,300.
What is the price of a cheap apartment in South Olympia?
The cheapest apartment in South Olympia is Boardwalk Senior Affordable Apartments which is listed at $1,099, while the average apartment in South Olympia costs $3,444.
What types of apartments are the cheapest in South 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 2 regular apartments in South 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 South Olympia?
Cheap apartments in South Olympia have an average cost of $123 which is $3,321 cheaper than the average rent for all rentals in South 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.

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