4611 88th Ave SW
OlympiaWA98512
Cheap Homes for Rent in Olympia, WA from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia.
4611 88th Ave SW
OlympiaWA98512
4811 Rural Rd SW
TumwaterWA98512
2633 Wilderness Dr SE
OlympiaWA98501
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.
5307 Rehklau Rd SE
OlympiaWA98513
721 Adams St SE
OlympiaWA98501
520 17th Ave SE, Unit Basement
520 17th Ave SE
OlympiaWA98501
615 Division St NW
OlympiaWA98502
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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Olympia, WA Local Guide
How much does it cost to rent a home in Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olympia 2 Bedroom Homes for Rent | $2,095 | $1,495 | $2,400 |
| Olympia 3 Bedroom Homes for Rent | $2,753 | $2,400 | $3,250 |
| Olympia 4 Bedroom Homes for Rent | $2,988 | $2,600 | $3,900 |
| Olympia 5 Bedroom Homes for Rent | $2,981 | $2,595 | $3,205 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Olympia, WA Local Guide
- Olympia Neighborhoods
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Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 04/04/2026Current apartment rentals in the Olympia, WA area range in price from $915 to $4,950 with an overall median price of $2,554. The three Olympia neighborhoods with the lowest median rent pricing are Upper Eastside at $999, North East at $999, and Woodard Glen at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Olympia Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Upper Eastside | $1,987 | $999 | 201 |
| North East | $2,000 | $999 | 118 |
| Woodard Glen | $2,000 | $1,200 | 27 |
| Mapleview | $2,010 | $1,200 | 33 |
| Newport | $2,020 | $1,235 | 24 |
| Springwood | $2,020 | $1,235 | 24 |
| Eastside | $2,050 | $999 | 212 |
| East Bay Drive | $2,100 | $999 | 114 |
| North Olympia | $2,100 | $999 | 205 |
| Outer West Olympia | $2,300 | $1,100 | 196 |
Cheapest Available Olympia Apartments for Rent
The cheapest available apartment rental in Olympia, WA is a 1 Bed unit found at Stuart Place in the Wellington West neighborhood priced from $1,076. Cedar Pointe Apartments in the Wellington West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Olympia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stuart Place | s.440 | 1BR,1BA | $1,076 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| 123-4th | A1 | Studio,1BA | $1,185 |
Best Value Apartments for Rent in Olympia, WA
As of April 05, 2026 the best value apartment in the Olympia area is the $1.57 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,495. The second greatest value Olympia apartment is the 3BR/2.5BA Model at Forest Park Townhomes starting at $2,800 with a $1.80 price per square foot in the Wellington West neighborhood. Here is today’s list of the best values for Olympia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chambers Reserve Townhomes | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.57 |
| Forest Park Townhomes | 3BR/2.5BA | 3BR,2.5BA | $1.80 |
| Copper Trail | Three Bedroom Two Bath | 3BR,2BA | $1.53 |
| Capitol City Apartments | 2 x 2 | 2BR,2BA | $1.75 |
| Crescent Point | 2x2 | 2BR,2BA | $1.77 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| 6111 Glen Mary Ln SE, Unit D | 6111 Glen Mary Ln SE | 2BR,1BA | $1.60 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| The Madison | Jefferson | 1BR,1BA | $1.78 |
| 3819 12th Ave SE, Unit A | 3819 12th Ave SE | 1BR,1BA | $1.76 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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.
Read ArticleCash 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.
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Olympia, WAPopulation: 52,555
Ranked #744
in US Census Population by City
Best Local Schools in Olympia, WA
School data provided by Great Schools
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Frequently Asked Questions about Olympia
What type of rentals are currently available in Olympia?
There are currently 296 Apartments for Rent in Olympia, WA with pricing that ranges from $999 to $4,950. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia ranging from $1,000 to $3,900.
What is the current price range for Rental Homes in Olympia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olympia ranges from $1,000 to $3,900 with an average monthly rent of $2,391.
How much are larger Three and Four Bedroom Rentals in Olympia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Olympia range from $1,629 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,905.
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.