Cheap Apartments for Rent in the Cain Road Neighborhood of Olympia, WA from $600 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cain Road area of Olympia.

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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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Ashwood Downs Apartments
2 to 3 Bedroom Apartments

Ashwood Downs Apartments

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

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
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The Elks Apartments
Studio to 2 Bedroom Apartments

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
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Cain Road, Olympia, WA Local Guide

Cheapest Available Cain Road Apartments for Rent

 

The cheapest available apartment rental in the Cain Road area of Olympia, WA is a Studio unit found at Views on Fifth priced from $899. Stuart Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,076. Here are the most affordable Cain Road apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Views on Fifth0BR/1.0BAStudio,1BA$899
Stuart Places.4401BR,1BA$1,076
Cedar Pointe Apartments1 Bed / 1 Bath1BR,1BA$1,100
Cunningham Building0BR/1.0BAStudio,1BA$1,190
Brentwood Apartmentsone bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Cain Road, WA

As of January 24, 2026 the best value apartment in the Cain Road area is the $1.81 price per square foot Large 2-Bed/2-Bath Ground Floor Model at 350 North Apartments in the in the Wellington West neighborhood starting from $2,125. The second greatest value Cain Road apartment is the 2BR/1.5BA Model at Olympia Townhouses 325 Pattison starting at $1,575 with a $1.38 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Cain Road apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
350 North ApartmentsLarge 2-Bed/2-Bath Ground Floor2BR,2BA$1.81
Olympia Townhouses 325 Pattison2BR/1.5BA2BR,1.5BA$1.38
Copper Leaf Residences2BR/2.0BA2BR,2BA$1.74
Lansdale Pointe ApartmentsThe Ridgewood3BR,2BA$1.70
Briggs Village2X1 - B12BR,1BA$2.19
The Vicara Apartments & Townhomes1 bed/1 bath1BR,1BA$2.12
TribecaUnit A1BR,1BA$2.01
Wilderness West Apartments1B 1B1BR,1BA$2.09
Ensign I & II902 1X1 Reno1BR,1BA$2.17
Brentwood Apartmentsone bedroom1BR,1BA$1.94

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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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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Pet Friendly Lifestyle
Cain Road, Olympia, WA

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Washington and customized analysis for Central Olympia, WA. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendly amenities, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Cain Road Apartments

What is a cheap apartment in Cain Road?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cain Road is under $1,400.

What is the price of a cheap apartment in Cain Road?

The cheapest apartment in Cain Road is Stuart Place which is listed at $1,076, while the average apartment in Cain Road costs $2,450.

What types of apartments are the cheapest in Cain Road?

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 18 regular apartments in Cain Road 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 Cain Road?

Cheap apartments in Cain Road have an average cost of $447 which is $2,003 cheaper than the average rent for all rentals in Cain Road.

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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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.

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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.

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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.

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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.