721 Adams St SE
OlympiaWA98501
Cheap Homes for Rent in Downtown Olympia Neighborhood of Olympia, WA from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Olympia area of Olympia.
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.
520 17th Ave SE, Unit Basement
520 17th Ave SE
OlympiaWA98501
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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Downtown Olympia, Olympia, WA Local Guide
How much does it cost to rent a home in Downtown Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Olympia 2 Bedroom Homes for Rent | $1,575 | $1,575 | $1,575 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Olympia Neighborhood of Olympia, WA.
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Best Value Apartments for Rent in Downtown Olympia, WA
As of April 05, 2026 the best value apartment in the Downtown Olympia area is the $2.50 price per square foot Studio Model at Capitol Crossing in the in the South Westside neighborhood starting from $1,622. The second greatest value Downtown Olympia apartment is the one bedroom Model at Brentwood Apartments starting at $1,200 with a $1.94 price per square foot in the Wellington West neighborhood. Here is today’s list of the best values for Downtown Olympia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Capitol Crossing | Studio | Studio ,1BA | $2.50 |
| Brentwood Apartments | one bedroom | 1BR,1BA | $1.94 |
| Boardwalk Senior Affordable Apartments | B2 | 2BR,1BA | $2.55 |
| 401 Union | 0BR/1.0BA | Studio ,1BA | $2.51 |
| Stuart Place | s.440 | 1BR,1BA | $2.45 |
| The Malt House Apartment Homes | 0BR/1.0BA | Studio ,1BA | $2.95 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $2.59 |
| 123-4th | A9 | Studio ,1BA | $3.11 |
| Market Flats | Studio | Studio ,1BA | $3.17 |
| Westman Mills Townhome & Apartments | Studio | Studio ,1BA | $3.39 |
Frequently Asked Questions about Downtown Olympia
What type of rentals are currently available in Downtown Olympia?
There are currently 58 Apartments for Rent in Downtown Olympia, WA with pricing that ranges from $999 to $4,950. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Olympia ranging from $1,575 to $2,250.
What is the current price range for Rental Homes in Downtown Olympia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Olympia ranges from $1,575 to $2,250 with an average monthly rent of $1,775.
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
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.
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.
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.