Cheap Apartments for Rent in the Walnut Park Neighborhood of Olympia, WA from $900 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Walnut Park 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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Firwood Manor
2 Bedroom Apartments

Firwood Manor

1400 Evergreen Park Dr SWOlympia, WA 98502
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Lakeridge Regency
1 to 2 Bedroom Apartments

Lakeridge Regency

2008 Evergreen Park Dr SWOlympia, WA 98502
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Market Flats
1 Bedroom Apartments

Market Flats

310 Capitol WayOlympia, WA 98501

Walnut Park, Olympia, WA Local Guide

Cheapest Available Walnut Park Apartments for Rent

 

The cheapest available apartment rental in the Walnut Park 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 Walnut Park 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
Westman MillsStudioStudio,1BA$1,250
Heritage Park Apartments1 Bedroom1BR,1BA$1,250

Best Value Apartments for Rent in Walnut Park, WA

As of April 16, 2025 the best value apartment in the Walnut Park area is the $1.57 price per square foot Conifer Model at Woodland in the in the Wellington West neighborhood starting from $1,853. The second greatest value Walnut Park apartment is the 2bed 2bath Townhome Model at Woodbury Crossing Apartments and Townhomes starting at $2,195 with a $1.93 price per square foot in the Goldcrest neighborhood. Here is today’s list of the best values for Walnut Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
WoodlandConifer2BR,2BA$1.57
Woodbury Crossing Apartments and Townhomes2bed 2bath Townhome2BR,2BA$1.93
Firwood ManorTraditional Model2BR,1BA$1.41
Olympic Heights2x2G Seahawk Renovated2BR,2BA$2.10
Abalon Pointe Apartments2 Bed 1 Bath2BR,1BA$1.74
OverlanderPathfinder1BR,1BA$2.10
Breckenridge HeightsWindsor1BR,1BA$1.88
The Elks Apartments1 bed1BR,1BA$1.53
Capitol Crossing1x11BR,1BA$2.04
Black Lake ApartmentsTUMWATER1BR,1BA$2.17

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Pet Friendly Lifestyle
Walnut Park, Olympia, WA

Ranked #18

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

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Walnut Park, Olympia, and the greater Olympia area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places that make kids happy, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Walnut Park Apartments

What is a cheap apartment in Walnut Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Park is under $1,450.

What is the price of a cheap apartment in Walnut Park?

The cheapest apartment in Walnut Park is The Elks Apartments which is listed at $1,195, while the average apartment in Walnut Park costs $2,995.

What types of apartments are the cheapest in Walnut Park?

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 Walnut Park 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 Walnut Park?

Cheap apartments in Walnut Park have an average cost of $127 which is $2,868 cheaper than the average rent for all rentals in Walnut Park.

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.