6946 Axis St SE
LaceyWA98513
Cheap Homes for Rent in Olympia, WA from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia.
6946 Axis St SE
LaceyWA98513
717 Adams St SE
OlympiaWA98501
2633 Wilderness Dr SE
OlympiaWA98501
4811 Rural Rd SW
TumwaterWA98512
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.
5307 Rehklau Rd SE
OlympiaWA98513
615 Division St NW, Unit 615 Division St NW Unit B, Unit 615 Division St NW Unit B
615 Division St NW
OlympiaWA98502
1609 7th Ave SE, Unit B, Unit B
1609 7th Ave SE
OlympiaWA98501
715 Adams St SE
OlympiaWA98501
429 Thomas St NW
OlympiaWA98502
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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$1,7952 Bedroom Apartments Available Jun 1
316 Choker St SE, Unit 4
316 Choker St SEOlympia, WA 98503
9734 62nd Ave SE
OlympiaWA98513
7415 Fairview Rd
OlympiaWA98512
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$1,8652 Bedroom Apartments Available May 25
2400 20th Ave NW
2400 20th Ave NWOlympia, WA 98502
1500 Lake Park Dr SW
TumwaterWA98512
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.
125 Decatur St NW
OlympiaWA98502
9133 Tolo Ct NE
OlympiaWA98516
Showing Results 1-17, Page 1 of 1
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 | $2,004 | $1,445 | $2,600 |
| Olympia 3 Bedroom Homes for Rent | $2,655 | $1,895 | $3,800 |
| Olympia 4 Bedroom Homes for Rent | $3,063 | $2,700 | $3,975 |
| Olympia 5 Bedroom Homes for Rent | $3,365 | $3,100 | $3,600 |
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
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 05/23/2026Current apartment rentals in the Olympia, WA area range in price from $1,100 to $3,570 with an overall median price of $2,436. The three Olympia neighborhoods with the lowest median rent pricing are East Bay Drive at $1,100, North East at $1,100, and Goldcrest at $1,198. 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 |
|---|---|---|---|
| East Bay Drive | $2,075 | $1,100 | 108 |
| North East | $2,075 | $1,100 | 117 |
| Goldcrest | $2,170 | $1,198 | 62 |
| Burbank | $2,185 | $1,100 | 133 |
| Walnut Park | $2,219 | $1,100 | 155 |
| Upper Eastside | $2,255 | $1,100 | 155 |
| Eastside | $2,293 | $1,100 | 172 |
| Outer West Olympia | $2,295 | $1,187 | 158 |
| North Olympia | $2,300 | $1,100 | 179 |
| Lexington | $2,304 | $1,300 | 91 |
Cheapest Available Olympia Apartments for Rent
The cheapest available apartment rental in Olympia, WA is a Studio unit found at Cunningham Building in the South Westside neighborhood priced from $1,025. Brentwood 509 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 |
|---|---|---|---|
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,025 |
| Brentwood 509 Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,100 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| Stuart Place | 1.645 | 1BR,1BA | $1,153 |
| Crowne Pointe Apartments | The Saxon | 1BR,1BA | $1,198 |
Best Value Apartments for Rent in Olympia, WA
As of May 23, 2026 the best value apartment in the Olympia area is the $1.60 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,545. 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 | $1.60 |
| Forest Park Townhomes | 3BR/2.5BA | 3BR,2.5BA | $1.80 |
| Updated Townhouse Style Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.40 |
| Cambridge Court | 2 Bed 2 Bath B | 2BR,2BA | $1.63 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.79 |
| Firwood Grove Apartment LLC | 2BR/2.0BA | 2BR,2BA | $1.69 |
| The Rookery | 1BR/1.0BA | 1BR,1BA | $1.67 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| 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.
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Real 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.
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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
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Olympia, WA
Frequently Asked Questions about Olympia
What type of rentals are currently available in Olympia?
There are currently 294 Apartments for Rent in Olympia, WA with pricing that ranges from $1,100 to $3,299. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia ranging from $1,000 to $3,975.
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 $3,975 with an average monthly rent of $2,379.
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 $3,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,700 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.