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$1,100 - $1,300Built in 20181 to 2 Bedroom Apartments Available Now
Brentwood 509 Apartments
509 12th Ave SEOlympia, WA 98501
Cheap New Apartments for Rent in Olympia, WA from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Olympia.
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$1,187 - $1,554Built in 2026Studio Apartments Available Now
Westwater Village
2402 Lakeridge Way SWOlympia, WA 98502
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$1,205 - $2,050Built in 2016Studio to 2 Bedroom Apartments Available Now
123-4th Apartments
123 4th Ave WOlympia, WA 98501
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$1,250 - $1,280Built in 2024Studio Apartments Available Now
Market Flats
310 Capitol WayOlympia, WA 98501
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$1,275 - $1,625Built in 2024Studio to 1 Bedroom Apartments Available Now
The Malt House Apartment Homes
505 Legion Way SEOlympia, WA 98501
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$1,279 - $1,817Built in 20181 to 3 Bedroom Apartments Available Now
Copper Trail
701 Alta St NWOlympia, WA 98501
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$1,306 - $3,299Built in 2023Studio to 4 Bedroom Apartments Available Now
Silver Leaf Residences - A 55+ Community
4520 Henderson Blvd SEOlympia, WA 98501
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$1,400 - $2,300Built in 2025Studio to 2 Bedroom Apartments Available Now
401 Union
401 Union Ave SEOlympia, WA 98501
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$1,450 - $5,150Built in 2020Studio to 2 Bedroom Apartments Available Now
Views on Fifth
410 5th AveOlympia, WA 98501
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,475 - $1,910Built in 2023Studio to 2 Bedroom Apartments Available Now
Hearthstone Place
512 Franz Anderson Rd SEOlympia, WA 98501
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$1,561 - $2,011Built in 20252 to 4 Bedroom Apartments Available Now
Lansdale Pointe Apartments
1012 Burr Rd SEOlympia, WA 98501
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$1,595 - $2,600Built in 20211 to 3 Bedroom Apartments Available Now
Westman Mills
510 State Ave NEOlympia, WA 98501
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$1,650 - $2,410Built in 20211 to 3 Bedroom Apartments Available Now
Ward Lake Apartments
4530 Briggs DrOlympia, WA 98501
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$1,650Built in 20201 Bedroom Apartments Available Jun 27
The Easterly
909 Eastside St SEOlympia, WA 98501
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$1,695 - $2,895Built in 20231 to 3 Bedroom Apartments Available Now
The Vicara
3539 Landview Dr SEOlympia, WA 98501
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$1,697 - $2,472
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Built in 20231 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,697 - $2,472
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The Goat
3311 6th Ave SWOlympia, WA 98502
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$1,697 - $2,283
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Built in 2017Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,697 - $2,283
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Little Tuscany Apartments & Townhomes
1000 Fern St SWOlympia, WA 98502
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$1,710 - $3,850
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Built in 20191 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,710 - $3,850
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Briggs Village
4225 Briggs Dr SEOlympia, WA 98501
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.
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$1,820 - $2,225Built in 20231 to 2 Bedroom Apartments Available Now
Switchback Apartments
7127 32nd Ave NEOlympia, WA 98516
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$1,845 - $2,445Built in 20182 to 3 Bedroom Apartments Available Now
Woodbury Crossing Apartments and Townhomes
5004 Fourth Way SWOlympia, WA 98502
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$1,940 - $3,299Built in 20211 to 4 Bedroom Apartments Available Now
Copper Leaf Residences
4502 Henderson Blvd SEOlympia, WA 98501
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Built in 2021Studio to 2 Bedroom Apartments
Mulberry Place
501 Franz Anderson Rd SEOlympia, WA 98501
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Built in 20202 to 3 Bedroom Apartments
Merritt Manor
3335 Martin Way EOlympia, WA 98506
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Built in 20261 to 3 Bedroom Apartments
Trestlewood Townhomes
109 Veranda Ln SEOlympia, WA 98513
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Built in 2023Studio to 2 Bedroom Apartments
The Madrone
120 Water St NWOlympia, WA 98501
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Built in 20202 Bedroom Apartments
Arbor Crest Apartments
9329 Martin Way EOlympia, WA 98516
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Built in 2020Studio to 3 Bedroom Apartments
Harbor Heights 55+ Community
500 Columbia St NWOlympia, WA 98501
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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$1,395 - $2,495Built in 2026Studio to 2 Bedroom Apartments Available Now
Kingswood Village
1450 Odegard Rd SWTumwater, WA 98512
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$1,399 - $2,250Built in 2025Studio to 2 Bedroom Apartments Available Now
629 Apartments
629 Woodland Square Loop SELacey, WA 98503
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$1,710 - $2,630
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Built in 20261 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,710 - $2,630
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The Elowen
5224 15th Ave NELacey, WA 98516
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$1,840 - $2,365
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Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,840 - $2,365
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$1,840 - $2,365
Crossroads on Crosby
2121 Barnes Ct SWTumwater, WA 98512
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$1,845 - $1,895Built in 20172 Bedroom Apartments Available Now
Stonebrook Apartments and Townhomes
4822 Rural RdTumwater, WA 98512
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Built in 2022Studio to 2 Bedroom Apartments
The Hub
4444 6th Ave SELacey, WA 98503
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Built in 2022Studio to 3 Bedroom Apartments
Serenity Apartments
444 Carpenter Rd SELacey, WA 98503
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Built in 20231 to 3 Bedroom Apartments
Modera Lacey
5499 15th Ave NELacey, WA 98516
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Built in 2025Studio to 3 Bedroom Apartments
The Lodge
456 Carpenter Rd SELacey, WA 98503
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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Olympia, WA Local Guide
How much does it cost to rent an apartment in Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olympia Studio Apartments | $1,459 | $1,187 | $2,699 |
| Olympia 1 Bedroom Apartments | $1,685 | $1,100 | $2,999 |
| Olympia 2 Bedroom Apartments | $2,016 | $1,300 | $5,150 |
| Olympia 3 Bedroom Apartments | $2,342 | $1,700 | $3,035 |
| Olympia 4 Bedroom Apartments | $2,869 | $2,011 | $3,299 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Olympia, WA Local Guide
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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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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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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.
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Olympia, WAPopulation: 52,555
Ranked #744
in US Census Population by City
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 $1,250.
What is the price of a cheap apartment in Olympia?
The cheapest apartment in Olympia is Boardwalk Senior Affordable Apartments which is listed at $1,099, while the average apartment in Olympia costs $2,683.
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 378 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 $443 which is $2,240 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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.