
Cheap Apartments for Rent in Olympia, WA from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Olympia.


Stuart Place

Total Monthly Price
Cedar Pointe Apartments

612 S Bay Rd NE

Crowne Pointe Apartments

Brentwood 509 Apartments
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.

Brentwood Apartments

Tumwater Apartments - Senior Community

Capitol Terrace

7602 SE 3rd Ave

Evergreen Park Apartments

Ashwood Downs Apartments
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.

Timbers West

Cunningham Building

The Elks Apartments

Evergreen Villages

South Sound Villa Apartments

Silverwood
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Golf Club Apartments
Olympia, WA Local Guide

How much does it cost to rent an apartment in Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Olympia Studio Apartments | $1,535 | $899 | $2,009 |
| Cheap Olympia 1 Bedroom Apartments | $1,706 | $1,198 | $3,150 |
| Cheap Olympia 2 Bedroom Apartments | $1,974 | $1,399 | $4,990 |
| Cheap Olympia 3 Bedroom Apartments | $2,614 | $1,599 | $3,600 |
| Cheap Olympia 4 Bedroom Apartments | $2,536 | $1,905 | $3,190 |
Browse Top Apartments in Olympia
See all Apartments in OlympiaExplore Olympia
Olympia, WA Local Guide

- Olympia Neighborhoods
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Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 01/29/2026Current apartment rentals in the Olympia, WA area range in price from $899 to $4,990 with an overall median price of $2,389. The three Olympia neighborhoods with the lowest median rent pricing are Mapleview at $1,150, Newport at $1,150, and North East at $899. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Olympia Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Mapleview | $1,905 | $1,150 | 41 |
| Newport | $1,905 | $1,150 | 28 |
| North East | $1,905 | $899 | 112 |
| North Olympia | $1,905 | $899 | 130 |
| Springwood | $1,905 | $1,150 | 28 |
| Woodard Glen | $1,905 | $1,150 | 36 |
| Upper Eastside | $1,925 | $899 | 121 |
| Eastside | $1,995 | $899 | 138 |
| Northwest Olympia | $2,061 | $899 | 127 |
| West Bay Drive | $2,061 | $899 | 127 |
Cheapest Available Olympia Apartments for Rent
 The cheapest available apartment rental in Olympia, WA is a Studio unit found at Views on Fifth in the Wellington West neighborhood priced from $899. Stuart Place in the Wellington West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,076. Here is today’s list of the most affordable Olympia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Views on Fifth | 0BR/1.0BA | Studio,1BA | $899 |
| Stuart Place | s.440 | 1BR,1BA | $1,076 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,190 |
| Brentwood Apartments | one bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Olympia, WA
As of January 30, 2026 the best value apartment in the Olympia area is the $1.57 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,495. The second greatest value Olympia apartment is the 3 Beds / 2.5 Baths Model at Forest Park Townhomes starting at $2,550 with a $1.64 price per square foot in the Wellington West neighborhood. Here is today’s list of the best values for Olympia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chambers Reserve Townhomes | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.57 |
| Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
| Crowne Pointe Apartments | The Westminster | 3BR,2BA | $1.28 |
| Olympia Townhouses 325 Pattison | 2BR/1.5BA | 2BR,1.5BA | $1.36 |
| Abbey Rowe Apartments | Tate | 2BR,2BA | $1.69 |
| Copper Leaf Residences | 2BR/2.0BA | 2BR,2BA | $1.74 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| Firwood Grove Apartment LLC | 2BR/2.0BA | 2BR,2BA | $1.59 |
| Woodland | Birch | 1BR,1BA | $1.86 |
| Forest Grove Apartments | Cascade | 2BR,2BA | $1.58 |
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
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.
Read ArticleCash 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.
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.
Olympia Overview
Olympia is the capital city and the largest town in Washington. With many local attractions and safe communities, many people find the city an ideal place to live. Many government agencies located within the city also offer residents an easy way to professional employment.
Why live in Olympia, WA?
Unlike other cities, Washington’s capital is a vibrant economy with a low population, especially for first-time residents. Despite the heavy presence of industries towards the north, it is a clean, mid-sized capital city with abundant recreational facilities. The Washington’s coasts are within a day’s drive with excellent services and amenities. It is an attractive capital city with a well-kept appearance featuring waterfronts and neighborhoods. The population within Olympia is educated and very friendly. Although finding employment is a bit challenging, current projections and trends are still promising.
Best Local Schools in Olympia, WA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Olympia, WA Rentals by Map
See the most popular apartments and homes in Olympia, WA
Frequently Asked Questions about Cheap Olympia Apartments
What is a cheap apartment in Olympia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olympia is under $1,299.
What is the price of a cheap apartment in Olympia?
The cheapest apartment in Olympia is Stuart Place which is listed at $1,076, while the average apartment in Olympia costs $2,389.
What types of apartments are the cheapest in Olympia?
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 484 regular apartments in Olympia 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 Olympia?
Cheap apartments in Olympia have an average cost of $463 which is $1,926 cheaper than the average rent for all rentals in Olympia.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.