Cheap 2 Bedroom Apartments for Rent in the Lexington Neighborhood of Olympia, WA from $1,561 (38 Rentals)

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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.

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Northwood
2 Bedroom Apartments

Northwood

4120 6th Ave NEOlympia, WA 98516
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Merritt Manor
2 Bedroom Apartments

Merritt Manor

3335 Martin Way EOlympia, WA 98506
  • Utilities Included

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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The Abbey
2 Bedroom Apartments

The Abbey

122 Lilly Rd NEOlympia, WA 98506
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Arbol Grande
2 Bedroom Apartments

Arbol Grande

1420 Fones Rd SEOlympia, WA 98501
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The Dakota
Rent Specials
$1,836 - $2,086
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$1,743 - $2,086
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The Dakota

6205 Pacific Ave SELacey, WA 98503
Corporate Housing
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The Elowen
Rent Specials
$1,960 - $2,400
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$1,710 - $2,630
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The Elowen

5224 15th Ave NELacey, WA 98516
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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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Britton Place
Rent Specials
$2,013 - $2,131
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$1,553 - $3,166
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Britton Place

6655 Britton Pky NELacey, WA 98516
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6Wood Flats
Rent Specials
$2,041 - $2,418
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$1,740 - $2,675
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6Wood Flats

4410 6th Ave SELacey, WA 98503
Pet Friendly
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Silverwood
2 Bedroom Apartments

Silverwood

1617 Judd St SELacey, WA 98503
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The Ashton
2 Bedroom Apartments

The Ashton

1025 Neil St NELacey, WA 98516
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Modera Lacey
2 Bedroom Apartments

Modera Lacey

5499 15th Ave NELacey, WA 98516

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.

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The Hub
2 Bedroom Apartments

The Hub

4444 6th Ave SELacey, WA 98503
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The Lodge
2 Bedroom Apartments

The Lodge

456 Carpenter Rd SELacey, WA 98503
Showing Results 1-38, Page 1 of 1

Lexington, Olympia, WA Local Guide

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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lexington, Olympia, WA

Ranked #30

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Lexington, Olympia, WA

School data provided by Great Schools

Frequently Asked Questions about Cheap Lexington Apartments

What is a cheap apartment in Lexington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington is under $1,675.

What is the price of a cheap apartment in Lexington?

The cheapest apartment in Lexington is Lansdale Pointe Apartments which is listed at $1,561, while the average apartment in Lexington costs $2,438.

What types of apartments are the cheapest in Lexington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Lexington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lexington?

Cheap apartments in Lexington have an average cost of $1,186 which is $1,252 cheaper than the average rent for all rentals in Lexington.

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

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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.

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.