Cheap Apartments for Rent in the Olympic Ridge Neighborhood of Newcastle, WA from $1,400 (14 Rentals)

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

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
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Halo 11 Townhomes
2 Bedroom Apartments

Halo 11 Townhomes

3101 NE 11th PlRenton, WA 98056
  • Smoke Free

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.

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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 $1,545. 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$1,545
Highland Palms1x11BR,1BA$1,575
Honey Creek1 Bed, 1 Bath A11BR,1BA$1,599
Karbon11tz1BR,1BA$1,849
Newport Crossing1x1A1BR,1BA$1,899

Best Value Apartments for Rent in Olympic Ridge, WA

As of May 25, 2026 the best value apartment in the Olympic Ridge area is the $3.04 price per square foot Zinfandel Model at Solera Apartments in the in the Highlands Park neighborhood starting from $4,356. The second greatest value Olympic Ridge apartment is the Spinnaker Townhome Model at Bella Vista starting at $3,405 with a $2.67 price per square foot in the Kennydale 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.
Solera ApartmentsZinfandel3BR,3BA$3.04
Bella VistaSpinnaker Townhome2BR,2BA$2.67
Honey Creek2 Bed, 1.5 Bath Townhome Modern Reno2BR,1.5BA$2.31
Castle CreekPlan 2D2BR,2BA$2.57
Newport Crossing1x1A1BR,1BA$2.74
Karbon11tz1BR,1BA$2.84
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$3.23
Highland Palms1x11BR,1BA$2.45
Overlook at LakemontReno 637 sq ft 1x11BR,1BA$3.14
The Renton Sage Apartments1 Bedroom 80 Percent AMI1BR,1BA$2.70

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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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 #5

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 $1,545, while the average apartment in Olympic Ridge costs $3,544.

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 62 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 $642 which is $2,902 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.