Cheap Apartments for Rent in the Olympic Ridge Neighborhood of Newcastle, WA from $1,000 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Olympic Ridge area of Newcastle.

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Houser Terrace
Rent Specials
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
1 Bedroom Apartments Available Now

Houser Terrace

3151 NE 16th StRenton, WA 98056
Senior Living
  • Verified
  • Customer Reviewed
  • Low Income

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Halo 11 Townhomes
2 Bedroom Apartments

Halo 11 Townhomes

3109 NE 11th PlRenton, WA 98056
  • Smoke Free

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Halo 11 Townhomes
2 Bedroom Apartments

Halo 11 Townhomes

3101 NE 11th PlRenton, WA 98056
  • Smoke Free

Olympic Ridge, Newcastle, WA Local Guide

Cheapest Available Olympic Ridge Apartments for Rent

 

The cheapest available apartment rental in the Olympic Ridge area of Newcastle, WA is a 1 Bed unit found at Houser Terrace priced from $1,050. The Renton Sage Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,482. Here are the most affordable Olympic Ridge apartments for rent in Newcastle, WA:

Apartment ListingModel NameBed/BathPriced From
Houser Terrace1 Bed, 1 bath1BR,1BA$1,050
The Renton Sage Apartments1 Bedroom 50 Percent AMI1BR,1BA$1,482
Highland Palms2x12BR,1BA$1,595

Best Value Apartments for Rent in Olympic Ridge, WA

As of July 09, 2026 the best value apartment in the Olympic Ridge area is the $2.43 price per square foot Genoa Townhome - Standard Model at Bella Vista in the in the Kennydale neighborhood starting from $4,154. The second greatest value Olympic Ridge apartment is the Cabernet Model at Solera Apartments starting at $2,239 with a $3.08 price per square foot in the Highlands Park neighborhood. Here is today’s list of the best values for Olympic Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bella VistaGenoa Townhome - Standard3BR,3BA$2.43
Solera ApartmentsCabernet1BR,1BA$3.08
Highland Palms2x12BR,1BA$2.23
Castle CreekPlan 1A1BR,1BA$2.98
Newport Crossing1x1A1BR,1BA$2.81
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$2.99
Karbon11tz1BR,1BA$2.75
Overlook at LakemontReno 637 sq ft 1x11BR,1BA$3.14
The Renton Sage Apartments1 Bedroom 60 Percent AMI1BR,1BA$2.42
Houser Terrace1 Bed, 1 bath1BR,1BA$2.10

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Olympic Ridge, Newcastle, WA

Ranked #2

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Olympic Ridge Apartments

What is the price of a cheap apartment in Olympic Ridge?

The cheapest apartment in Olympic Ridge is Houser Terrace which is listed at $1,050, while the average apartment in Olympic Ridge costs $3,299.

What types of apartments are the cheapest in Olympic Ridge?

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 35 regular apartments in Olympic Ridge 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 Olympic Ridge?

Cheap apartments in Olympic Ridge have an average cost of $394 which is $2,905 cheaper than the average rent for all rentals in Olympic Ridge.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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