Cheap Homes for Rent in South Olympia Neighborhood of Olympia, WA from $1,100 (9 Rentals)

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

property at 504 4th Ave E

504 4th Ave E

OlympiaWA98501

South Olympia, Olympia, WA Local Guide

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 Reserve at Lacey 55+ Affordable Living priced from $1,191. Cunningham Building has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable South Olympia apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Reserve at Lacey 55+ Affordable Living1 Bed 1 Bath (A11A)1BR,1BA$1,191
Cunningham Building1BR/1.0BA1BR,1BA$1,195
Boardwalk Senior Affordable ApartmentsA11BR,1BA$1,199

Best Value Apartments for Rent in South Olympia, WA

As of March 28, 2025 the best value apartment in the South Olympia area is the $1.58 price per square foot 1712 Skyline Ridge Ln SW Model at 1712 Skyline Ridge Ln SW in the in the South Westside neighborhood starting from $5,349. The second greatest value South Olympia apartment is the 8024 Sabelle St SW Model at 8024 Sabelle St SW starting at $3,225 with a $1.32 price per square foot in the West Olympia neighborhood. Here is today’s list of the best values for South Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1712 Skyline Ridge Ln SW1712 Skyline Ridge Ln SW5BR,3BA$1.58
8024 Sabelle St SW8024 Sabelle St SW5BR,3BA$1.32
7711 Verona Lp SW7711 Verona Lp SW4BR,2.5BA$1.40
6634 Axis St SE6634 Axis St SE4BR,2.5BA$1.40
7915 Verona Loop7915 Verona Loop4BR,2.5BA$1.44
1438 77th Trail SE1438 77th Trail SE4BR,2BA$1.54
Chambers Reserve Townhomes3x3 Small3BR,3BA$1.50
Forest Park Townhomes3 Beds / 2.5 Baths3BR,2.5BA$1.64
Olympia Townhouses - 211 Pattison2BR/1.0BA2BR,1BA$1.44
Northwood2 Bed 1 Bath2BR,1BA$1.62

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Frequently Asked Questions about South Olympia

What type of rentals are currently available in South Olympia?

There are currently 259 Apartments for Rent in South Olympia, WA with pricing that ranges from $1,199 to $4,809. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Olympia ranging from $1,100 to $3,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Olympia ranges from $1,100 to $3,200 with an average monthly rent of $2,091.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Olympia range from $1,646 to $4,809, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,195. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,245.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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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.