Cheap Apartments for Rent in the Castlewood Neighborhood of Olympia, WA from $600 (56 Rentals)

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

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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Smyth
Rent Specials
$1,619 - $2,766
Total Monthly Price

Total Monthly Price

Base Rent
$1,619 - $2,766
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Smyth

3425 Polo Club Ln SEOlympia, WA 98501
Active Lifestyle
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  • 3D Tour

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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Briggs Village
Rent Specials
$2,163 - $4,404
Total Monthly Price

Total Monthly Price

Base Rent
$2,163 - $4,404
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Briggs Village

4225 Briggs Dr SEOlympia, WA 98501
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Ashwood Downs Apartments
2 to 3 Bedroom Apartments

Ashwood Downs Apartments

1900 Ashwood Downs Ln SEOlympia, WA 98501
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Mulberry Place
Studio to 2 Bedroom Apartments

Mulberry Place

501 Franz Anderson Rd SEOlympia, WA 98501
Corporate Housing
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Olympia Village
1 Bedroom Apartments

Olympia Village

900 Fairview St SEOlympia, WA 98501
Senior Living
  • Utilities Included
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Campus Lofts
Studio to 3 Bedroom Apartments

Campus Lofts

510-512 12th Ave SEOlympia, WA 98501
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Merritt Manor
2 to 3 Bedroom Apartments

Merritt Manor

3335 Martin Way EOlympia, WA 98506
  • Utilities Included
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Red Leaf Townhomes
2 to 3 Bedroom Apartments

Red Leaf Townhomes

1330-1344 Fones RdOlympia, WA 98501
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The Abbey
2 to 3 Bedroom Apartments

The Abbey

122 Lilly Rd NEOlympia, WA 98506
  • Utilities Included

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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Arbol Grande
2 Bedroom Apartments

Arbol Grande

1420 Fones Rd SEOlympia, WA 98501
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6Wood Flats
Rent Specials
$1,816 - $2,440
Total Monthly Price

Total Monthly Price

Base Rent
$1,816 - $2,440
Total Monthly Price
$1,816 - $2,440
Studio to 3 Bedroom Apartments Available Now

6Wood Flats

4410 6th Ave SELacey, WA 98503
Pet Friendly
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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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Showing Results 1-50, Page 1 of 2

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 Brentwood 509 Apartments priced from $1,100. Dawcrest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Castlewood apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Brentwood 509 Apartments1 BR/ 1 BA1BR,1BA$1,100
Dawcrest Apartments1BR / 1 BA1BR,1BA$1,200
Brentwood Apartmentsone bedroom1BR,1BA$1,200
Silver Leaf Residences - A 55+ CommunityStudioStudio,1BA$1,306
Stateside Flats1x1M1BR,1BA$1,345
401 Union0BR/1.0BAStudio,1BA$1,400
629 Apartments629a3Studio,1BA$1,450
Lacey Park ApartmentsStudioStudio,1BA$1,450
College Pointe Apartments1x1 A1BR,1BA$1,450
Hearthstone PlaceStudioStudio,1BA$1,475

Best Value Apartments for Rent in Castlewood, WA

As of July 27, 2026 the best value apartment in the Castlewood area is the $1.58 price per square foot 3x2 Town House (Shorter Garage) Model at The Vicara Apartments & Townhomes in the in the Avonlea neighborhood starting from $2,925. The second greatest value Castlewood apartment is the 2BR/2.0BA Model at Copper Leaf Residences starting at $1,920 with a $1.74 price per square foot in the Wellington West 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.
The Vicara Apartments & Townhomes3x2 Town House (Shorter Garage)3BR,2BA$1.58
Copper Leaf Residences2BR/2.0BA2BR,2BA$1.74
Crescent Point2x22BR,2BA$1.81
TribecaUnit B2BR,1BA$1.81
Lansdale Pointe ApartmentsThe Meadow2BR,2BA$1.63
Wilderness West Apartments2B 1.5B LTH2BR,1.5BA$2.00
Talisman289 2X1 M2BR,1BA$2.01
College Pointe Apartments1x1 A1BR,1BA$2.04
Dawcrest Apartments1BR / 1 BA1BR,1BA$1.71
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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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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Pet Friendly Lifestyle
Castlewood, Olympia, WA

Ranked #11

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Castlewood, Olympia, WA

School data provided by Great Schools

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 $1,475.

What is the price of a cheap apartment in Castlewood?

The cheapest apartment in Castlewood is Brentwood 509 Apartments which is listed at $1,100, while the average apartment in Castlewood costs $2,655.

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 3 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 $683 which is $1,972 cheaper than the average rent for all rentals in Castlewood.

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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.