
Cheap Apartments for Rent in the Olympic Ridge Neighborhood of Newcastle, WA from $1,000 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olympic Ridge area of Newcastle.


The Renton Sage Apartments

Highland Palms
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.

Astra

Karbon

Halo 11 Townhomes
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

Halo 11 Townhomes
Olympic Ridge, Newcastle, WA Local Guide

How much does it cost to rent an apartment in Olympic Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olympic Ridge Studio Apartments | $2,080 | $2,080 | $2,080 |
| Olympic Ridge 1 Bedroom Apartments | $2,095 | $1,050 | $3,505 |
| Olympic Ridge 2 Bedroom Apartments | $2,584 | $1,595 | $3,937 |
| Olympic Ridge 3 Bedroom Apartments | $3,626 | $1,968 | $7,459 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Olympic Ridge Neighborhood of Newcastle, WA.
See all Apartments in NewcastleExplore Newcastle
Olympic Ridge, Newcastle, WA Local Guide
- Nearby Newcastle neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Houser Terrace | 1 Bed, 1 bath | 1BR,1BA | $1,050 |
| The Renton Sage Apartments | 1 Bedroom 50 Percent AMI | 1BR,1BA | $1,482 |
| Highland Palms | 2x1 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bella Vista | Genoa Townhome - Standard | 3BR,3BA | $2.43 |
| Solera Apartments | Cabernet | 1BR,1BA | $3.08 |
| Highland Palms | 2x1 | 2BR,1BA | $2.23 |
| Castle Creek | Plan 1A | 1BR,1BA | $2.98 |
| Newport Crossing | 1x1A | 1BR,1BA | $2.81 |
| 2000 Lake Washington Apartments | One Bed One Bath | 1BR,1BA | $2.99 |
| Karbon | 11tz | 1BR,1BA | $2.75 |
| Overlook at Lakemont | Reno 637 sq ft 1x1 | 1BR,1BA | $3.14 |
| The Renton Sage Apartments | 1 Bedroom 60 Percent AMI | 1BR,1BA | $2.42 |
| Houser Terrace | 1 Bed, 1 bath | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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 LifestyleOlympic Ridge, Newcastle, WA
Ranked #2
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.