Cheap Apartments for Rent in Olympia, WA from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Olympia.

Heritage Park Apartments

Crowne Pointe 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.

Boardwalk Senior Affordable Apartments

Brentwood Apartments

2122 Dickinson Ave NW, Unit C

The Malt House Apartment Homes

Brentwood 509 Apartments

Tumwater Apartments - Senior Community
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.
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.

The Timbers Apartments

Alpine Village

Suncrest
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.
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 | $1,448 | $1,175 | $1,730 |
Cheap Olympia 1 Bedroom Apartments | $1,649 | $1,198 | $2,209 |
Cheap Olympia 2 Bedroom Apartments | $1,973 | $1,350 | $2,835 |
Cheap Olympia 3 Bedroom Apartments | $2,586 | $1,629 | $3,600 |
Cheap Olympia 4 Bedroom Apartments | $2,376 | $1,914 | $2,995 |
Browse Top Apartments in Olympia
See all Apartments in OlympiaExplore Olympia
Olympia, WA Local Guide

- Olympia Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 09/14/2025Current apartment rentals in the Olympia, WA area range in price from $1,150 to $3,600 with an overall median price of $2,299. The three Olympia neighborhoods with the lowest median rent pricing are Newport at $1,425, Springwood at $1,425, and North East at $1,199. 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 |
---|---|---|---|
Newport | $1,914 | $1,425 | 39 |
Springwood | $1,914 | $1,425 | 39 |
North East | $1,935 | $1,199 | 54 |
Upper Eastside | $1,975 | $1,175 | 61 |
Eastside | $2,045 | $1,175 | 79 |
Mapleview | $2,045 | $1,325 | 52 |
North Olympia | $2,045 | $1,175 | 77 |
Woodard Glen | $2,045 | $1,325 | 48 |
Bigelow | $2,150 | $1,199 | 22 |
Bigelow Highlands | $2,150 | $1,199 | 23 |
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 Wellington West neighborhood priced from $1,076. Heritage Park Apartments in the Wellington West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Olympia apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stuart Place | s.440 | 1BR,1BA | $1,076 |
Heritage Park Apartments | Studio- Large | Studio,1BA | $1,175 |
Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,190 |
Boardwalk Senior Affordable Apartments | A5 | 1BR,1BA | $1,199 |
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,240 |
Alpine Village | Studio | Studio,1BA | $1,240 |
The Malt House Apartment Homes | 0BR/1.0BA | Studio,1BA | $1,275 |
123-4th | A9 | Studio,1BA | $1,295 |
Capitol Club Apartments | One Bedroom Deluxe | 1BR,1BA | $1,325 |
The Hub | Studio A.1A ADA | Studio,1BA | $1,349 |
Best Value Apartments for Rent in Olympia, WA
As of September 14, 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 Wellington West neighborhood starting from $2,760. The second greatest value Olympia apartment is the 3x3 Large Model at Chambers Reserve Townhomes starting at $2,745 with a $1.55 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkside Executive Townhomes at Briggs | 3 Story Townhouse | 4BR,2.5BA | $1.46 |
Chambers Reserve Townhomes | 3x3 Large | 3BR,3BA | $1.55 |
Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
Copper Leaf Residences | 3BR/2.0BA | 3BR,2BA | $1.67 |
Olympic Heights | 3x2 TH Peregrine Renovated | 3BR,2BA | $1.71 |
Regency Apartments | 2B 2B large | 2BR,2BA | $1.58 |
Cambridge Court | 2 Bed 2 Bath B | 2BR,2BA | $1.65 |
Lansdale Pointe Apartments | The Ridgewood (3x2) | 3BR,2BA | $1.71 |
Firwood Manor | Traditional Model | 2BR,1BA | $1.52 |
1210 East St SE, Unit A3 | 1210 East St SE | 2BR,1BA | $1.61 |
Quick Rent Budget Calculator
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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 LifestyleOlympia, WA
Ranked #14
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,349.
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 $2,299.
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 514 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 $469 which is $1,830 cheaper than the average rent for all rentals in Olympia.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.

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.