Cheap Apartments for Rent in the Castlewood Neighborhood of Olympia, WA from $600 (14 Rentals)

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

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Ashwood Downs Apartments
2 to 3 Bedroom Apartments

Ashwood Downs Apartments

1900 Ashwood Downs Ln SEOlympia, WA 98501
  • Utilities Included

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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Mulberry Place
Studio to 1 Bedroom Apartments

Mulberry Place

501 Franz Anderson Rd SEOlympia, 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
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The Hub
Studio to 2 Bedroom Apartments

The Hub

4444 6th Ave SELacey, WA 98503

Castlewood, Olympia, WA Local Guide

Cheapest Available Castlewood Apartments for Rent

 

The cheapest available apartment rental in the Castlewood area of Olympia, WA is a 1 Bed unit found at Capitol Club Apartments priced from $1,225. The Malt House Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here are the most affordable Castlewood apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Capitol Club ApartmentsOne Bedroom1BR,1BA$1,225
The Malt House Apartment Homes0BR/1.0BAStudio,1BA$1,225
Westman MillsStudioStudio,1BA$1,250
The HubStudio A.4Studio,1BA$1,399
College Pointe Apartments1x1 A1BR,1BA$1,415

Best Value Apartments for Rent in Castlewood, WA

As of June 29, 2025 the best value apartment in the Castlewood 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 Castlewood apartment is the 3x3 Small Model at Chambers Reserve Townhomes starting at $2,695 with a $1.69 price per square foot in the Avonlea neighborhood. Here is today’s list of the best values for Castlewood 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 Small3BR,3BA$1.69
Copper Leaf Residences3BR/2.0BA3BR,2BA$1.67
Lansdale PointeThe Ridgewood (3x2)3BR,2BA$1.71
TribecaUnit C2BR,2BA$1.79
Firwood Grove Apartment LLC2BR/2.0BA2BR,2BA$1.59
Smyth2x22BR,2BA$1.89
Capitol Crossing2x22BR,2BA$1.93
Wilderness West Apartments2B 1B2BR,1BA$2.01
College Pointe Apartments1x1 A1BR,1BA$1.99

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Castlewood, Olympia, WA

Ranked #12

Among neighborhoods in Olympia, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Olympia. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Castlewood Apartments

What is a cheap apartment in Castlewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Castlewood is under $1,550.

What is the price of a cheap apartment in Castlewood?

The cheapest apartment in Castlewood is Capitol Club Apartments which is listed at $1,225, while the average apartment in Castlewood costs $2,760.

What types of apartments are the cheapest in Castlewood?

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 5 regular apartments in Castlewood 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 Castlewood?

Cheap apartments in Castlewood have an average cost of $321 which is $2,439 cheaper than the average rent for all rentals in Castlewood.

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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.