Cheap Apartments for Rent in Olympia, WA from $600 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Olympia.

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.

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Ashwood Downs Apartments
2 to 3 Bedroom Apartments

Ashwood Downs Apartments

1900 Ashwood Downs Ln SEOlympia, WA 98501
  • Utilities Included
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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
  • Utilities Included

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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7602 SE 3rd Ave
2 Bedroom Apartments

7602 SE 3rd Ave

7602 SE 3rd AveOlympia, WA 98503
  • Utilities Included
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Timbers West
1 to 2 Bedroom Apartments

Timbers West

1714 Evergreen Park Ct SWOlympia, WA 98502
  • Utilities Included

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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The Elks Apartments
1 to 2 Bedroom Apartments

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
  • Utilities Included
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Copper Trail
1 to 3 Bedroom Apartments

Copper Trail

701 Alta St NWOlympia, WA 98501
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The Lurana
Studio to 2 Bedroom Apartments

The Lurana

215 Columbia St NWOlympia, WA 98501

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.

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Silverwood
Studio to 2 Bedroom Apartments

Silverwood

1617 Judd St SELacey, WA 98503
  • Utilities Included
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Golf Club Apartments
1 to 3 Bedroom Apartments

Golf Club Apartments

1130 Golf Club Rd SELacey, WA 98503
  • Utilities Included

Olympia, WA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Olympia, WA

Pricing Updated: 07/31/2025

Current apartment rentals in the Olympia, WA area range in price from $1,276 to $5,500 with an overall median price of $3,068. The three Olympia neighborhoods with the lowest median rent pricing are Downtown Olympia at $1,276, Downtown at $1,276, and Bigelow at $1,276. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Olympia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Olympia$1,338$1,2762
Downtown$2,350$1,2763
Bigelow$2,650$1,2763
Bigelow Highlands$2,650$1,2763
Newport$2,650$2,2953
Springwood$2,650$2,2953
Cain Road$2,800$1,27612
Indian Creek$2,800$1,27610
Ridge at Suncrest$2,800$1,5506
Eastside$2,950$1,2768

Cheapest Available Olympia Apartments for Rent

 

The cheapest available apartment rental in Olympia, WA is a 1 Bed unit found at Stuart Place in the South Westside neighborhood priced from $1,076. Boardwalk Senior Affordable Apartments in the South Westside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Olympia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stuart Places.4401BR,1BA$1,076
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,099
The Timbers Apartments1 Bedroom1BR,1BA$1,215
Market FlatsStudioStudio,1BA$1,225
Alpine VillageStudioStudio,1BA$1,240
The Malt House Apartment Homes0BR/1.0BAStudio,1BA$1,275
The Lurana0BR/1.0BAStudio,1BA$1,300
Firwood ManorTraditional Model2BR,1BA$1,395
Northwood2 Bed 1 Bath2BR,1BA$1,395

Best Value Apartments for Rent in Olympia, WA

As of July 31, 2025 the best value apartment in the Olympia area is the $1.46 price per square foot 3 Story Townhouse Model at Parkside Executive Townhomes at Briggs in the in the Ridge at Suncrest neighborhood starting from $2,760. The second greatest value Olympia apartment is the 3x3 Large Model at Chambers Reserve Townhomes starting at $2,895 with a $1.63 price per square foot in the Avonlea neighborhood. Here is today’s list of the best values for Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside Executive Townhomes at Briggs3 Story Townhouse4BR,2.5BA$1.46
Chambers Reserve Townhomes3x3 Large3BR,3BA$1.63
Forest Park Townhomes3 Beds / 2.5 Baths3BR,2.5BA$1.64
Copper Leaf Residences3BR/2.0BA3BR,2BA$1.67
Forest Grove ApartmentsGlacier3BR,1.5BA$1.39
Regency Apartments2B 2B large2BR,2BA$1.58
Olympia Townhouses 325 Pattison2BR/1.5BA2BR,1.5BA$1.29
Hearthstone2 Bed 2.5 Bath2BR,2.5BA$1.70
Firwood ManorTraditional Model2BR,1BA$1.41
Northwood2 Bed 1 Bath2BR,1BA$1.62

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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.

Pet Friendly Lifestyle
Olympia, WA

Ranked #15

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Olympia, WA Rentals by Map

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Getting Around Olympia, WA

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Olympia Apartments

What is the Cheapest Studio apartment in Olympia?

Currently the most affordable Cheap Studio Apartment in Olympia is at Market Flats listed at $1,225.

How much is rent for a Cheap One Bedroom Olympia Apartment?

The lowest price for a Cheap One Bedroom Olympia Apartment is $1,076 at Stuart Place.

What is the lowest price for a Cheap Two Bedroom Olympia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Olympia is starting from $1,259 at Boardwalk Senior Affordable Apartments.

What is the most affordable Olympia Three Bedroom Apartment?

The best deal on a cheap Olympia Three Bedroom Apartment rental is at Evergreen Rock Maple Apartments and starts from $1,599.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.