4811 Rural Rd SW
TumwaterWA98512
Cheap Homes for Rent in Olympia, WA from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia.
1609 7th Ave SE, Unit B
1609 7th Ave SE
OlympiaWA98501
111 Veranda Ln SE
OlympiaWA98513
660 Malibu Dr SE
OlympiaWA98503
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.
123 Fir St NE
OlympiaWA98506
9734 62nd Ave SE
OlympiaWA98513
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$1,8652 Bedroom Apartments Available Now
2400 20th Ave NW
2400 20th Ave NWOlympia, WA 98502
183 Veranda Ln SE
OlympiaWA98513
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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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 | $2,321 | $2,000 | $2,795 |
| Olympia 3 Bedroom Homes for Rent | $2,649 | $2,100 | $3,295 |
| Olympia 4 Bedroom Homes for Rent | $3,104 | $2,595 | $3,975 |
| Olympia 5 Bedroom Homes for Rent | $3,142 | $3,100 | $3,270 |
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
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Cheapest Neighborhoods for Apartments in Olympia, WA
Pricing Updated: 07/07/2026Current apartment rentals in the Olympia, WA area range in price from $1,200 to $3,995 with an overall median price of $3,077. The three Olympia neighborhoods with the lowest median rent pricing are Mapleview at $1,515, Woodard Glen at $1,515, and Newport at $1,515. 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 |
|---|---|---|---|
| Mapleview | $2,395 | $1,515 | 9 |
| Woodard Glen | $2,395 | $1,515 | 8 |
| Newport | $2,400 | $1,515 | 7 |
| Springwood | $2,400 | $1,515 | 7 |
| Goldcrest | $2,645 | $2,100 | 4 |
| Ridge at Suncrest | $2,675 | $1,470 | 5 |
| Wellington West | $2,700 | $2,595 | 1 |
| Westbrook Park | $2,700 | $1,470 | 7 |
| Burbank | $2,837 | $2,100 | 6 |
| East Bay Drive | $2,837 | $1,515 | 8 |
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. Stuart Place in the Wellington West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,076. 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 |
| Stuart Place | s.440 | 1BR,1BA | $1,076 |
| Brentwood 509 Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Olympia, WA
As of July 08, 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 2BR/2.0BA Model at Copper Leaf Residences starting at $1,940 with a $1.76 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 |
| Copper Leaf Residences | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Copper Trail | Olympia | 3BR,2BA | $1.59 |
| Capitol City Apartments | 2 x 1 | 2BR,1BA | $1.79 |
| Breckenridge Heights | Coventry | 2BR,2BA | $1.50 |
| Breckenridge Apartments | Westbury | 2BR,2BA | $1.67 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.79 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| Crowne Pointe Apartments | The Shire | 2BR,1BA | $1.77 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1.71 |
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
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Frequently Asked Questions about Olympia
What type of rentals are currently available in Olympia?
There are currently 289 Apartments for Rent in Olympia, WA with pricing that ranges from $1,100 to $5,150. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia ranging from $1,470 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 $1,470 to $3,975 with an average monthly rent of $2,447.
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 $1,700 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,295. Four Bedroom Single-Family rentals are also available starting from $2,595 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
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.
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.