
Cheap Apartments for Rent in the Governor Stevens Neighborhood of Olympia, WA from $600 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Governor Stevens area of Olympia.


Brentwood 509 Apartments

Westwater Village

Boardwalk Senior Affordable Apartments

Brentwood Apartments

123-4th

Dawcrest Apartments

Heritage Park Apartments

Capitol House Apartments

Silver Leaf Residences - A 55+ Community
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.

Stateside Flats

515 Foote St SW

Views on Fifth

1601-1603 Frederick St SE

401 Union

Cambridge Court

Abalon Pointe

Tribeca

Lansdale Pointe Apartments

Capitol Steps
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.

Olympic Heights

Westman Mills

Capitol Crossing

Wilderness West Apartments

Total Monthly Price
Little Tuscany Apartments & Townhomes

Sherwood Glen

4434 Governor Ln SE

Parkview Apartments

Copper Leaf Residences

Total Monthly Price
2412 Columbia St SW, Unit 2412 B
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.

Ward Lake Apartments

Total Monthly Price
Briggs Village

1058 Central St SE

Tumwater Apartments - Senior Community

Capitol Terrace

Cedar Pointe Apartments

Cunningham Building

Timbers West

Evergreen Villages

Market Flats
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.

The Malt House Apartment Homes

Elks Apartments

211 Pattison St NE

Fern Ridge

Evergreen Park Apartments

The Ridge Apartments

Evergreen Vista I & II Apartments

Campus Lofts

Olympia Village

New Englander Townhouses
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.
Governor Stevens, Olympia, WA Local Guide

How much does it cost to rent an apartment in Governor Stevens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Governor Stevens Studio Apartments | $1,380 | $1,183 | $2,789 |
| Governor Stevens 1 Bedroom Apartments | $1,586 | $1,100 | $3,150 |
| Governor Stevens 2 Bedroom Apartments | $2,007 | $1,300 | $5,150 |
| Governor Stevens 3 Bedroom Apartments | $2,374 | $1,806 | $2,900 |
| Governor Stevens 4 Bedroom Apartments | $2,655 | $2,011 | $3,299 |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Governor Stevens Neighborhood of Olympia, WA.
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Governor Stevens, Olympia, WA Local Guide
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Cheapest Available Governor Stevens Apartments for Rent
 The cheapest available apartment rental in the Governor Stevens area of Olympia, WA is a 1 Bed unit found at Stuart Place priced from $1,076. Brentwood 509 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Governor Stevens apartments for rent in Olympia, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stuart Place | s.440 | 1BR,1BA | $1,076 |
| Brentwood 509 Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,100 |
| Westwater Village | The Deschutes | Studio,1BA | $1,183 |
| Boardwalk Senior Affordable Apartments | A4 | 1BR,1BA | $1,199 |
| 123-4th | A9 | Studio,1BA | $1,200 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1,200 |
| Brentwood Apartments | one bedroom | 1BR,1BA | $1,200 |
| Heritage Park Apartments | 1 Bedroom | 1BR,1BA | $1,235 |
| Capitol House Apartments | Unit #123 | 1BR,1BA | $1,295 |
| Silver Leaf Residences - A 55+ Community | Studio | Studio,1BA | $1,306 |
Best Value Apartments for Rent in Governor Stevens, WA
As of July 30, 2026 the best value apartment in the Governor Stevens area is the $1.81 price per square foot Strafford Model at Breckenridge Heights in the in the Wellington West neighborhood starting from $2,070. The second greatest value Governor Stevens 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 Governor Stevens apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Breckenridge Heights | Strafford | 3BR,2BA | $1.81 |
| Copper Leaf Residences | 2BR/2.0BA | 2BR,2BA | $1.74 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.79 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| Stonebrook Apartments and Townhomes | 2 Bedroom 1 Bath Large | 2BR,1BA | $1.93 |
| Wilderness West Apartments | 2B 1.5B LTH | 2BR,1.5BA | $2.00 |
| Breckenridge Apartments | Danbury | 1BR,1BA | $1.91 |
| Abalon Pointe | 1x1 | 1BR,1BA | $1.96 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1.71 |
| Brentwood Apartments | one bedroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Governor Stevens, Olympia, WA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Olympia, WA. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Governor Stevens Apartments
What is a cheap apartment in Governor Stevens?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Governor Stevens is under $1,306.
What is the price of a cheap apartment in Governor Stevens?
The cheapest apartment in Governor Stevens is Stuart Place which is listed at $1,076, while the average apartment in Governor Stevens costs $2,655.
What types of apartments are the cheapest in Governor Stevens?
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 23 regular apartments in Governor Stevens 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 Governor Stevens?
Cheap apartments in Governor Stevens have an average cost of $390 which is $2,265 cheaper than the average rent for all rentals in Governor Stevens.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.