
Cheap Homes for Rent in Governor Stevens Neighborhood of Olympia, WA from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Governor Stevens area of Olympia.


702 4th Ave E

717 Adams St SE
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.

702 4th Ave E

4811 Rural Rd SW

1609 7th Ave SE, Unit B
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 a home in Governor Stevens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Governor Stevens 2 Bedroom Homes for Rent | $2,470 | $1,900 | $3,500 |
| Governor Stevens 3 Bedroom Homes for Rent | $2,788 | $2,500 | $2,995 |
| Governor Stevens 4 Bedroom Homes for Rent | $3,527 | $3,080 | $3,975 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Studio unit found at Cunningham Building priced from $1,025. Boardwalk Senior Affordable Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Governor Stevens apartments for rent in Olympia, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,025 |
| Boardwalk Senior Affordable Apartments | A4 | 1BR,1BA | $1,099 |
| Brentwood 509 Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Governor Stevens, WA
As of June 22, 2026 the best value apartment in the Governor Stevens area is the $1.73 price per square foot 3BR/2.5BA Model at Forest Park Townhomes in the in the Wellington West neighborhood starting from $2,700. The second greatest value Governor Stevens apartment is the Westbury Model at Breckenridge Apartments starting at $1,725 with a $1.67 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. |
|---|---|---|---|
| Forest Park Townhomes | 3BR/2.5BA | 3BR,2.5BA | $1.73 |
| Breckenridge Apartments | Westbury | 2BR,2BA | $1.67 |
| 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 |
| Cambridge Court | 1 Bed 1 Bath B | 1BR,1BA | $1.75 |
| Breckenridge Heights | Windsor | 1BR,1BA | $1.88 |
| Abalon Pointe | 1x1 | 1BR,1BA | $1.92 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1.71 |
| Stuart Place | 1.621 | 1BR,1BA | $1.86 |
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
Frequently Asked Questions about Governor Stevens
What type of rentals are currently available in Governor Stevens?
There are currently 138 Apartments for Rent in Governor Stevens, WA with pricing that ranges from $1,100 to $5,150. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Governor Stevens ranging from $900 to $3,975.
What is the current price range for Rental Homes in Governor Stevens?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Governor Stevens ranges from $900 to $3,975 with an average monthly rent of $2,325.
How much are larger Three and Four Bedroom Rentals in Governor Stevens?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Governor Stevens range from $1,806 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $2,995. Four Bedroom Single-Family rentals are also available starting from $3,080 and Four Bedroom Apartments start at $2,011.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.