Cheap Apartments for Rent in the Olympic Ridge Neighborhood of Newcastle, WA from $1,400 (12 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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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
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Halo 11 Townhomes
2 Bedroom Apartments

Halo 11 Townhomes

3101 NE 11th PlRenton, WA 98056
  • Smoke Free

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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 The Renton Sage Apartments priced from $1,400. Highland Palms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,575. Here are the most affordable Olympic Ridge apartments for rent in Newcastle, WA:

Apartment ListingModel NameBed/BathPriced From
The Renton Sage Apartments1 Bedroom 50 Percent AMI1BR,1BA$1,400
Highland Palms1x11BR,1BA$1,575
Honey Creek1 Bed, 1 Bath A11BR,1BA$1,675
Karbon11tz1BR,1BA$1,865
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$1,925

Best Value Apartments for Rent in Olympic Ridge, WA

As of April 10, 2026 the best value apartment in the Olympic Ridge area is the $2.51 price per square foot Portsmith Model at Bella Vista in the in the Kennydale neighborhood starting from $3,715. The second greatest value Olympic Ridge apartment is the Zinfandel Model at Solera Apartments starting at $4,356 with a $3.04 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 VistaPortsmith2BR,2BA$2.51
Solera ApartmentsZinfandel3BR,3BA$3.04
Honey Creek2 Bed, 1.5 Bath Townhome Modern Reno2BR,1.5BA$2.31
Tenzen ApartmentsThe Douglas - 1 Month Free on Vacant Ready Apartme2BR,1BA$2.50
Castle CreekPlan 2D2BR,2BA$2.47
12231 SE 59th St, Unit #8812231 SE 59th St1BR,1BA$2.56
Karbon11tz1BR,1BA$2.87
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$2.96
Highland Palms1x11BR,1BA$2.45
The Renton Sage Apartments1 Bedroom 80 Percent AMI1BR,1BA$2.42

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Olympic Ridge, Newcastle, WA

Ranked #7

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 The Renton Sage Apartments which is listed at $1,400, while the average apartment in Olympic Ridge costs $3,180.

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 76 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 $849 which is $2,331 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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.