6946 Axis St SE
LaceyWA98513
Cheap Homes for Rent in Olympia, WA from $1,000 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia.
605 1/2 Capitol Way S
OlympiaWA98501
605 1/2 Capitol Way S
OlympiaWA98501
605 1/2 Capitol Way S
OlympiaWA98501
4811 Rural Rd SW
TumwaterWA98512
9824 62nd Ave SE
OlympiaWA98513
719 Division St NW, Unit #4
719 Division St NW
OlympiaWA98502
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
123 Fir St NE
OlympiaWA98506
183 Veranda Ln SE
OlympiaWA98513
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$1,8002 Bedroom Apartments Available Oct 1
6905 Holmes Island Rd SE
6905 Holmes Island Rd SEOlympia, WA 98503
9734 62nd Ave SE
OlympiaWA98513
4329 Ridgewood Ln NW, Unit A
4329 Ridgewood Ln NW
OlympiaWA98502
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$1,8652 Bedroom Apartments Available Aug 25
2400 20th Ave NW
2400 20th Ave NWOlympia, WA 98502
127 Plymouth St NW
OlympiaWA98502
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $2,233 | $1,850 | $2,700 |
| Olympia 3 Bedroom Homes for Rent | $2,659 | $2,000 | $3,500 |
| Olympia 4 Bedroom Homes for Rent | $3,042 | $2,200 | $3,350 |
| Olympia 5 Bedroom Homes for Rent | $3,272 | $3,250 | $3,295 |
| Olympia 6 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
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: 08/22/2026Current apartment rentals in the Olympia, WA area range in price from $1,100 to $5,150 with an overall median price of $1,646. The three Olympia neighborhoods with the lowest median rent pricing are Upper Eastside at $1,495, Wellington West at $1,495, and West Bay Drive at $1,495. 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 | $1,495 | $1,100 | 186 |
| Wellington West | $1,495 | $1,205 | 131 |
| West Bay Drive | $1,495 | $1,100 | 207 |
| Bigelow Highlands | $1,497 | $1,100 | 77 |
| Northwest Olympia | $1,503 | $1,100 | 214 |
| Downtown | $1,550 | $1,100 | 99 |
| East Bay Drive | $1,550 | $1,100 | 130 |
| Wildwood | $1,550 | $1,100 | 224 |
| Holiday Hills | $1,559 | $1,100 | 152 |
| Governor Stevens | $1,561 | $1,100 | 224 |
Cheapest Available Olympia Apartments for Rent
The cheapest available apartment rental in Olympia, WA is a 2 Beds unit found at Coach Post LLC in the South Westside neighborhood priced from $850. Copper Trail in the Ridge at Suncrest neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $918. Here is today’s list of the most affordable Olympia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Coach Post LLC | RV Space | 2BR,1BA | $850 |
| Copper Trail | Rainier | 2BR,1BA | $918 |
| Stuart Place | s.440 | 1BR,1BA | $1,076 |
| Brentwood 509 Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,100 |
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,130 |
Best Value Apartments for Rent in Olympia, WA
As of August 22, 2026 the best value apartment in the Olympia area is the $1.56 price per square foot 3 Bed 2.5 Bath Townhome Model at Parkside Executive Townhomes at Briggs in the in the Ridge at Suncrest neighborhood starting from $2,665. 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 South Westside 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 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.56 |
| Forest Park Townhomes | 3BR/2.5BA | 3BR,2.5BA | $1.80 |
| The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.72 |
| Capitol City Apartments | 2 x 2 | 2BR,2BA | $1.72 |
| Copper Trail | Spruce A | 2BR,1BA | $1.62 |
| Cambridge Court | 1 Bed 1 Bath B | 1BR,1BA | $1.75 |
| Crowne Pointe Apartments | The Shire | 2BR,1BA | $1.77 |
| Abalon Pointe | 1x1 | 1BR,1BA | $1.64 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1.71 |
| Coach Post LLC | RV Space | 2BR,1BA | $1.70 |
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 300 Apartments for Rent in Olympia, WA with pricing that ranges from $1,100 to $5,150. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia ranging from $1,000 to $4,250.
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 $4,250 with an average monthly rent of $2,640.
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 $3,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,200 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.