Cheap New Apartments for Rent in Olympia, WA from $1,076 (34 Rentals)

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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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The Goat
Rent Specials
$1,701 - $2,137

Total Monthly Price

Base Rent$1,701 - $2,137
Total Monthly PriceVaries
Built in 20231 to 3 Bedroom Apartments Available Now

The Goat

3311 6th Ave SWOlympia, WA 98502
Pet Friendly
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First Apartment Regrets: Real Renters Share What They'd Do Differently

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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Westman Mill
Built in 2021Studio to 3 Bedroom Apartments

Westman Mill

510 State Ave NEOlympia, WA 98501
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Mulberry Place
Built in 2021Studio to 2 Bedroom Apartments

Mulberry Place

501 Franz Anderson Rd SEOlympia, WA 98501
Corporate Housing
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Campus Lofts
Built in 2016Studio to 3 Bedroom Apartments

Campus Lofts

510-512 12th Ave SEOlympia, WA 98501
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Trestlewood Townhomes
Built in 20261 to 3 Bedroom Apartments

Trestlewood Townhomes

109 Veranda Ln SEOlympia, WA 98513
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The Madrone
Built in 2023Studio to 2 Bedroom Apartments

The Madrone

120 Water St NWOlympia, WA 98501
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Harbor Heights 55+ Community
Built in 2020Studio to 3 Bedroom Apartments

Harbor Heights 55+ Community

500 Columbia St NWOlympia, WA 98501
Senior Living
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Elowen
Rent Specials
$1,764 - $2,640

Total Monthly Price

Base Rent$1,764 - $2,640
Total Monthly Price$1,764 - $2,640
Built in 20261 to 3 Bedroom Apartments Available Now

The Elowen

5224 15th Ave NELacey, WA 98516
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The Hub
Built in 2022Studio to 2 Bedroom Apartments

The Hub

4444 6th Ave SELacey, WA 98503
Military
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Serenity Apartments
Built in 2022Studio to 3 Bedroom Apartments

Serenity Apartments

444 Carpenter Rd SELacey, WA 98503
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The Lodge
Built in 2025Studio to 3 Bedroom Apartments

The Lodge

456 Carpenter Rd SELacey, WA 98503

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Modera Lacey
Built in 20231 to 3 Bedroom Apartments

Modera Lacey

5499 15th Ave NELacey, WA 98516
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Crossroads on Crosby
Built in 2020Studio to 2 Bedroom Apartments

Crossroads on Crosby

2121 Barnes Ct SWTumwater, WA 98512
Student Housing
Showing Results 1-34, Page 1 of 1

Olympia, WA Local Guide

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Olympia, WA
Population: 52,555

Ranked #744

in US Census Population by City

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Best Local Schools in
Olympia, WA

School data provided by Great Schools

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

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See the most popular apartments and homes in Olympia, WA

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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 Annie's Studio's listed at $1,190.

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 $1,299 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 $1,730.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.