
Cheap Homes for Rent in Olympia, WA from $1,200 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia.


6946 Axis St SE

717 Adams St SE

517 H St SW

521 H St SW

191 Veranda Ln SE

4333 Ruddell Rd SE

1407 Evergreen Park Dr SW

1700 Lake Park Dr SW

1910 Evergreen Park Dr SW

5004 4th Way SW

4820 41st Ln SE

1209 Boone St SE

4919 43rd Ln SE

1058 Central St SE
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 | $2,291 | $1,925 | $2,700 |
Olympia 3 Bedroom Homes for Rent | $2,773 | $2,200 | $4,600 |
Olympia 4 Bedroom Homes for Rent | $3,076 | $2,500 | $3,500 |
Olympia 5 Bedroom Homes for Rent | $3,410 | $3,195 | $3,800 |
Browse Top Homes for Rent in Olympia
Explore Olympia
Olympia, WA Local Guide
- Olympia Neighborhoods
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Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 07/25/2025Current apartment rentals in the Olympia, WA area range in price from $1,040 to $7,142 with an overall median price of $2,341. The three Olympia neighborhoods with the lowest median rent pricing are Downtown at $1,040, Bigelow at $1,040, and Bigelow Highlands at $1,040. 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 |
---|---|---|---|
Downtown | $1,710 | $1,040 | 46 |
Bigelow | $1,845 | $1,040 | 45 |
Bigelow Highlands | $1,845 | $1,040 | 45 |
Downtown Olympia | $1,845 | $1,040 | 45 |
East Bay Drive | $1,914 | $1,040 | 55 |
North East | $1,914 | $1,040 | 55 |
Burbank | $1,925 | $1,040 | 78 |
Upper Eastside | $1,935 | $1,040 | 57 |
Goldcrest | $1,946 | $1,207 | 33 |
Newport | $1,975 | $1,325 | 20 |
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 South Westside neighborhood priced from $1,076. Boardwalk Senior Affordable Apartments in the South Westside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. 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 |
Boardwalk Senior Affordable Apartments | A1 | 1BR,1BA | $1,099 |
Market Flats | Studio | Studio,1BA | $1,200 |
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,215 |
The Malt House Apartment Homes | 0BR/1.0BA | Studio,1BA | $1,225 |
Best Value Apartments for Rent in Olympia, WA
As of July 25, 2025 the best value apartment in the Olympia area is the $1.46 price per square foot 3 Story Townhouse Model at Parkside Executive Townhomes at Briggs in the in the Ridge at Suncrest neighborhood starting from $2,760. The second greatest value Olympia apartment is the 3x3 Large Model at Chambers Reserve Townhomes starting at $2,895 with a $1.63 price per square foot in the Avonlea 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. |
---|---|---|---|
Parkside Executive Townhomes at Briggs | 3 Story Townhouse | 4BR,2.5BA | $1.46 |
Chambers Reserve Townhomes | 3x3 Large | 3BR,3BA | $1.63 |
Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
Copper Leaf Residences | 3BR/2.0BA | 3BR,2BA | $1.67 |
Regency Apartments | 2B 2B large | 2BR,2BA | $1.58 |
Olympia Townhouses 325 Pattison | 2BR/1.5BA | 2BR,1.5BA | $1.29 |
Hearthstone | 2 Bed 2.5 Bath | 2BR,2.5BA | $1.70 |
Cambridge Court | 2 Bed 2 Bath A | 2BR,2BA | $1.52 |
Firwood Manor | Traditional Model | 2BR,1BA | $1.41 |
Northwood | 2 Bed 1 Bath | 2BR,1BA | $1.62 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Olympia
What type of rentals are currently available in Olympia?
There are currently 282 Apartments for Rent in Olympia, WA with pricing that ranges from $1,040 to $6,990. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia ranging from $1,276 to $4,600.
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 $1,276 to $4,600 with an average monthly rent of $2,673.
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 $1,599 to $6,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,600. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,914.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.