204 4th Ave W
OlympiaWA98501
Cheap Homes for Rent in Downtown Olympia Neighborhood of Olympia, WA from $1,200 (3 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.
720 14th 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.
516 Eastside St NE
OlympiaWA98506
Showing Results 1-3, Page 1 of 1
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 | $1,950 | $1,950 | $1,950 |
| Downtown Olympia 3 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Olympia Neighborhood of Olympia, WA.
Explore Olympia
Let everyone know!
Do you know the Downtown Olympia area?
If you’re an expert on all things Downtown Olympia, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Value Apartments for Rent in Downtown Olympia, WA
As of September 09, 2025 the best value apartment in the Downtown Olympia area is the $2.04 price per square foot 2 Bedroom / 2 Bath Model at The Easterly in the in the Wellington West neighborhood starting from $1,995. The second greatest value Downtown Olympia apartment is the 1x1 Model at Capitol Crossing starting at $1,824 with a $2.57 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. |
|---|---|---|---|
| The Easterly | 2 Bedroom / 2 Bath | 2BR,2BA | $2.04 |
| Capitol Crossing | 1x1 | 1BR,1BA | $2.57 |
| Stuart Place | s.440 | 1BR,1BA | $2.45 |
| The Malt House Apartment Homes | 0BR/1.0BA | Studio ,1BA | $2.95 |
| Boardwalk Senior Affordable Apartments | A1 | 1BR,1BA | $2.78 |
| The Lurana | 0BR/1.0BA | Studio ,1BA | $3.06 |
| 123-4th | A9 | Studio ,1BA | $3.29 |
| Cunningham Building | 0BR/1.0BA | Studio ,1BA | $3.40 |
Frequently Asked Questions about Downtown Olympia
What type of rentals are currently available in Downtown Olympia?
There are currently 57 Apartments for Rent in Downtown Olympia, WA with pricing that ranges from $1,200 to $2,273. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Olympia ranging from $1,276 to $3,100.
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 $1,276 to $3,100 with an average monthly rent of $2,108.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.