
Cheap Apartments for Rent in the Olympus Neighborhood of Newcastle, WA from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olympus area of Newcastle.


Del Mar Village Apartments

Highland Palms

The Renton Sage Apartments

Heritage Grove

Astra

Honey Creek
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.

Karbon

Arbour Apartments

Heather Apartments

Sunset Oaks

Halo 11 Townhomes

Newport Manor Apartments

Bristol at Southport
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Olympus, Newcastle, WA Local Guide

How much does it cost to rent an apartment in Olympus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olympus Studio Apartments | $1,910 | $1,699 | $2,100 |
| Olympus 1 Bedroom Apartments | $1,952 | $1,495 | $2,660 |
| Olympus 2 Bedroom Apartments | $2,422 | $1,495 | $4,160 |
| Olympus 3 Bedroom Apartments | $3,300 | $1,968 | $5,040 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Olympus Neighborhood of Newcastle, WA.
See all Apartments in NewcastleExplore Newcastle
Olympus, Newcastle, WA Local Guide
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Cheapest Available Olympus Apartments for Rent
 The cheapest available apartment rental in the Olympus area of Seattle, WA is a 1 Bed unit found at The Renton Sage Apartments priced from $1,508. Heritage Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,575. Here are the most affordable Olympus apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Renton Sage Apartments | 1 Bedroom 80 Percent AMI | 1BR,1BA | $1,508 |
| Heritage Grove | 1x1 | 1BR,1BA | $1,575 |
| Bristol at Southport | Studio F | Studio,1BA | $1,646 |
| Honey Creek | 1 Bed, 1 Bath A1 | 1BR,1BA | $1,675 |
| Karbon | s1 | Studio,1BA | $1,699 |
Best Value Apartments for Rent in Olympus, WA
As of March 12, 2026 the best value apartment in the Olympus area is the $3.03 price per square foot Syrah Model at Solera Apartments in the in the Highlands Park neighborhood starting from $4,346. The second greatest value Olympus apartment is the Martinique Model at Pinnacle on Lake Washington starting at $2,827 with a $2.33 price per square foot in the Highlands Park neighborhood. Here is today’s list of the best values for Olympus apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Solera Apartments | Syrah | 3BR,2BA | $3.03 |
| Pinnacle on Lake Washington | Martinique | 2BR,2BA | $2.33 |
| Honey Creek | 2 Bed, 1.5 Bath Townhome Modern Reno | 2BR,1.5BA | $2.31 |
| Lakeview at Newcastle | 2x2 | 2BR,2BA | $2.56 |
| Newport Crossing | 2x2B | 2BR,2BA | $2.69 |
| Castle Creek | Plan 1C | 1BR,1BA | $2.66 |
| Heritage Grove | 1x1 | 1BR,1BA | $2.19 |
| Karbon | 11tz | 1BR,1BA | $2.84 |
| 2000 Lake Washington Apartments | One Bed One Bath | 1BR,1BA | $3.13 |
| The Renton Sage Apartments | 1 Bedroom 60 Percent AMI | 1BR,1BA | $2.43 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Best Local Schools in Olympus, Newcastle, WA
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Washington, including Newcastle. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, places to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Olympus Apartments
What is the price of a cheap apartment in Olympus?
The cheapest apartment in Olympus is The Renton Sage Apartments which is listed at $1,508, while the average apartment in Olympus costs $3,162.
What types of apartments are the cheapest in Olympus?
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 78 regular apartments in Olympus 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 Olympus?
Cheap apartments in Olympus have an average cost of $1,278 which is $1,884 cheaper than the average rent for all rentals in Olympus.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Seattle, WA
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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.
Articles, How-To's, and Tips

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.