
Cheap Studio Apartments for Rent in the Downtown Olympia Neighborhood of Olympia, WA from $999 (10 Rentals)


123-4th

Westman Mills

Market Flats

The Malt House Apartment Homes
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

401 Union

Capitol Steps

Views on Fifth

Capitol Terrace

Cunningham Building
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.
Downtown Olympia, Olympia, WA Local Guide

How much does it cost to rent an apartment in Downtown Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Downtown Olympia Studio Apartments | $1,433 | $999 | $2,500 |
| Downtown Olympia 1 Bedroom Apartments | $1,691 | $1,100 | $3,399 |
| Downtown Olympia 2 Bedroom Apartments | $2,201 | $1,300 | $5,150 |
| Downtown Olympia 3 Bedroom Apartments | $2,500 | $2,400 | $2,600 |
Explore Olympia
Frequently Asked Questions about Cheap Downtown Olympia Apartments
What is a cheap apartment in Downtown Olympia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Olympia is under $1,250.
What is the price of a cheap apartment in Downtown Olympia?
The cheapest apartment in Downtown Olympia is Cunningham Building which is listed at $1,190, while the average apartment in Downtown Olympia costs $2,400.
What types of apartments are the cheapest in Downtown 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 11 regular apartments in Downtown Olympia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.