536 14th Ave SE
OlympiaWA98501
Cheap Apartments for Rent in the Downtown Neighborhood of Olympia, WA from $1,000 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Olympia.
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$1,150 - $1,750Studio to 3 Bedroom Apartments Available Now
Heritage Park Apartments
1818 Evergreen Park Dr SWOlympia, WA 98502
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$1,200 - $1,4001 to 2 Bedroom Apartments Contact Us For Availability
Brentwood 509 Apartments
509 12th Ave SEOlympia, WA 98501
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$1,200Studio to 1 Bedroom Apartments Contact Us For Availability
Brentwood Apartments
514 11th AveOlympia, WA 98501
1716 11th Ave SE
OlympiaWA98501
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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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$1,295 - $1,4951 Bedroom Apartments Available Now
Cedar Pointe Apartments
711 13th Ave SEOlympia, WA 98501
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$1,313 - $1,5761 to 2 Bedroom Apartments Available Now
Boardwalk Senior Affordable Apartments
510 Capitol Way NOlympia, WA 98501
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Rent Specials
$1,350 - $4,150Studio to 2 Bedroom Apartments Available Now
Views on Fifth
410 5th AveOlympia, WA 98501
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$1,3751 Bedroom Apartments Contact Us For Availability
Dawcrest Apartments
1205 Chestnut St SEOlympia, WA 98501
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$1,400 - $2,300Studio to 2 Bedroom Apartments Available Now
401 Union
401 Union Ave SEOlympia, WA 98501
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$1,475 - $1,675Studio to 1 Bedroom Apartments Contact Us For Availability
Capitol Steps
623 Eastside St SEOlympia, WA 98501
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Rent Specials
$1,495 - $2,160Studio to 2 Bedroom Apartments Available Now
Capitol Crossing
1112 Chestnut St SEOlympia, WA 98501
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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204 4th Ave W
OlympiaWA98501
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-21, Page 1 of 1
Downtown, Olympia, WA Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,432 | $1,000 | $1,750 |
| Downtown 1 Bedroom Apartments | $1,805 | $1,200 | $3,250 |
| Downtown 2 Bedroom Apartments | $2,173 | $1,400 | $4,150 |
| Downtown 3 Bedroom Apartments | $1,654 | $1,595 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Olympia, WA.
See all Apartments in OlympiaExplore Olympia
Downtown, Olympia, WA Local Guide
- Nearby Olympia neighborhoods
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Olympia, WA is a 1 Bed unit found at Stuart Place priced from $1,076. Cunningham Building has the second lowest priced unit, which is a Studio apartment currently listed from $1,190. Here are the most affordable Downtown apartments for rent in Olympia, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stuart Place | s.440 | 1BR,1BA | $1,076 |
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,190 |
| 123-4th | A9 | Studio,1BA | $1,275 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,295 |
| Boardwalk Senior Affordable Apartments | A4 | 1BR,1BA | $1,313 |
Best Value Apartments for Rent in Downtown, WA
As of December 20, 2025 the best value apartment in the Downtown area is the $1.60 price per square foot 3 Bedroom Model at Heritage Park Apartments in the in the Wellington West neighborhood starting from $1,595. The second greatest value Downtown apartment is the 1X1 CLASSIC Model at Sherwood Glen starting at $1,599 with a $2.10 price per square foot in the Wellington West neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heritage Park Apartments | 3 Bedroom | 3BR,1BA | $1.60 |
| Sherwood Glen | 1X1 CLASSIC | 1BR,1BA | $2.10 |
| Capitol Crossing | 1x1 | 1BR,1BA | $2.53 |
| 401 Union | 0BR/1.0BA | Studio ,1BA | $2.51 |
| Views on Fifth | 0BR/1.0BA | Studio ,1BA | $2.64 |
| Boardwalk Senior Affordable Apartments | A4 | 1BR,1BA | $2.65 |
| Stuart Place | s.440 | 1BR,1BA | $2.45 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $3.05 |
| 123-4th | A9 | Studio ,1BA | $3.24 |
| Cunningham Building | 0BR/1.0BA | Studio ,1BA | $3.40 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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How much rent can you afford?
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 LifestyleDowntown, Olympia, WA
Ranked #34
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at Cunningham Building listed at $1,190.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $1,076 at Stuart Place.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $1,576 at Boardwalk Senior Affordable Apartments.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.