2103 Karen Frazier Rd SE
OlympiaWA98501
Cheap Apartments for Rent in the Lexington Neighborhood of Olympia, WA from $600 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lexington area of Olympia.
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Rent Specials
$1,399 - $2,0701 to 3 Bedroom Apartments Available Jul 30
Bellwether Apartments
1400 Fones Rd SEOlympia, WA 98501
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$1,475 - $1,910Studio to 2 Bedroom Apartments Available Now
Hearthstone Place
512 Franz Anderson Rd SEOlympia, WA 98501
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$1,500 - $2,2001 to 3 Bedroom Apartments Available Now
Tribeca
1700 Kempton St SEOlympia, WA 98501
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$1,561 - $2,0112 to 4 Bedroom Apartments Available Now
Lansdale Pointe Apartments
1012 Burr Rd SEOlympia, WA 98501
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$1,595 - $2,2001 to 3 Bedroom Apartments Available Now
The Huntington Apartments
913 Lilly Rd NEOlympia, WA 98506
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Rent Specials
$1,699 - $1,8991 to 2 Bedroom Apartments Available Now
Talisman
3724 Ensign Rd NEOlympia, WA 98506
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Rent Specials
$1,6992 Bedroom Apartments Available Now
Ensign I & II
3800 Ensign Rd NEOlympia, WA 98506
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$1,700 - $2,2501 to 2 Bedroom Apartments Available Jul 20
Pacific Place Apartments
6914 Pacific Ave SEOlympia, WA 98503
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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$1,795 - $2,2251 to 2 Bedroom Apartments Available Now
Switchback
7127 32nd Ave NEOlympia, WA 98516
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$1,8002 Bedroom Apartments Available Jun 30
Landis Pointe
801 Lilly Rd NEOlympia, WA 98506
1331 Union Mills Rd SE
OlympiaWA98503
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$1,9002 Bedroom Apartments Available Now
1438 Fones Rd SE, Unit A
1438 Fones Rd SEOlympia, WA 98501
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2 to 3 Bedroom Apartments
Ashwood Downs Apartments
1900 Ashwood Downs Ln SEOlympia, WA 98501
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1 to 3 Bedroom Apartments
Diamond Head Apartments
1510 College St SEOlympia, WA 98503
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Studio to 2 Bedroom Apartments
Mulberry Place
501 Franz Anderson Rd SEOlympia, WA 98501
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2 Bedroom Apartments
211 Pattison St NE
211 Pattison St NEOlympia, WA 98506
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2 Bedroom Apartments
Northwood
4120 6th Ave NEOlympia, WA 98516
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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2 to 3 Bedroom Apartments
Red Leaf Townhomes
1330-1344 Fones RdOlympia, WA 98501
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2 to 3 Bedroom Apartments
Merritt Manor
3335 Martin Way EOlympia, WA 98506
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2 Bedroom Apartments
New Englander Townhouses
325 Pattison St NEOlympia, WA 98506
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2 to 3 Bedroom Apartments
The Abbey
122 Lilly Rd NEOlympia, WA 98506
660 Malibu Dr SE
OlympiaWA98503
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2 Bedroom Apartments
Arbol Grande
1420 Fones Rd SEOlympia, WA 98501
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$1,300 - $1,7251 to 2 Bedroom Apartments Available Now
Capitol Club Apartments
3800 14th Ave SELacey, WA 98503
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$1,399 - $2,250Studio to 2 Bedroom Apartments Available Now
629 Apartments
629 Woodland Square Loop SELacey, WA 98503
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Rent Specials
$1,4201 Bedroom Apartments Available Now
Carpenter Crest
201 Carpenter Rd SELacey, WA 98503
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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Rent Specials
$1,553 - $3,166
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,553 - $3,166
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Britton Place
6655 Britton Pky NELacey, WA 98516
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Rent Specials
$1,575 - $1,7751 to 2 Bedroom Apartments Available Now
Trailside
3806 12th Ave SELacey, WA 98503
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Rent Specials
$1,710 - $2,630
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,710 - $2,630
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The Elowen
5224 15th Ave NELacey, WA 98516
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$1,7252 Bedroom Apartments Available Jul 6
Sunset Gardens
1410 Alanna Dr SELacey, WA 98503
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Rent Specials
$1,740 - $2,675
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,740 - $2,675
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6Wood Flats
4410 6th Ave SELacey, WA 98503
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$1,743 - $2,086
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,743 - $2,086
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The Dakota
6205 Pacific Ave SELacey, WA 98503
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$1,800
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,800
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$1,800
1126 Sleater Kinney Rd SE
1126 Sleater Kinney Rd SELacey, WA 98503
6102 Glen Mary Ln SE
LaceyWA98503
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Rent Specials
$2,201 - $3,5701 to 2 Bedroom Apartments Available Now
Affinity at Lacey 55+
6950 Birdseye Ave NELacey, WA 98516
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 Bedroom Apartments
South Sound Villa Apartments
4101 Lacey Blvd SELacey, WA 98503
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Studio to 2 Bedroom Apartments
Silverwood
1617 Judd St SELacey, WA 98503
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1 to 2 Bedroom Apartments
The Ashton
1025 Neil St NELacey, WA 98516
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1 to 3 Bedroom Apartments
Golf Club Apartments
1130 Golf Club Rd SELacey, WA 98503
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Studio to 2 Bedroom Apartments
The Hub
4444 6th Ave SELacey, WA 98503
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1 to 3 Bedroom Apartments
Emerald Pointe Apartments
1405 Clearbrook Dr SELacey, WA 98503
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1 to 3 Bedroom Apartments
Modera Lacey
5499 15th Ave NELacey, WA 98516
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Studio to 2 Bedroom Apartments
Regency Apartments
1255 McDaniel Ln SELacey, WA 98503
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Studio to 3 Bedroom Apartments
Serenity Apartments
444 Carpenter Rd SELacey, WA 98503
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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Studio to 3 Bedroom Apartments
The Lodge
456 Carpenter Rd SELacey, WA 98503
Showing Results 1-46, Page 1 of 1
Lexington, Olympia, WA Local Guide
How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $1,505 | $1,399 | $1,625 |
| Lexington 1 Bedroom Apartments | $1,791 | $1,300 | $2,563 |
| Lexington 2 Bedroom Apartments | $2,150 | $1,561 | $3,514 |
| Lexington 3 Bedroom Apartments | $2,306 | $1,806 | $2,630 |
| Lexington 4 Bedroom Apartments | $2,011 | $2,011 | $2,011 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Lexington Neighborhood of Olympia, WA.
See all Apartments in OlympiaExplore Olympia
Lexington, Olympia, WA Local Guide
- Nearby Olympia neighborhoods
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Cheapest Available Lexington Apartments for Rent
The cheapest available apartment rental in the Lexington area of Olympia, WA is a 1 Bed unit found at Capitol Club Apartments priced from $1,300. The Hub has the second lowest priced unit, which is a Studio apartment currently listed from $1,399. Here are the most affordable Lexington apartments for rent in Olympia, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capitol Club Apartments | One Bedroom | 1BR,1BA | $1,300 |
| The Hub | Studio A.8 | Studio,1BA | $1,399 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 |
| Hearthstone Place | Studio | Studio,1BA | $1,475 |
| Lansdale Pointe Apartments | The Meadow | 2BR,2BA | $1,561 |
| Trailside | 340 1X1 T | 1BR,1BA | $1,575 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $1,585 |
| 629 Apartments | 629a2 | Studio,1BA | $1,599 |
| Modera Lacey | A03 | 1BR,1BA | $1,632 |
| Regency Apartments | 1B 1B | 1BR,1BA | $1,675 |
Best Value Apartments for Rent in Lexington, WA
As of June 21, 2026 the best value apartment in the Lexington area is the $1.86 price per square foot 2 Bed 2 Baths Model at The Dakota in the in the Lexington neighborhood starting from $1,994. The second greatest value Lexington apartment is the The Ridgewood Model at Lansdale Pointe Apartments starting at $1,806 with a $1.79 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.86 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.79 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| Regency Apartments | 1B 1B | 1BR,1BA | $1.75 |
| Talisman | 289 2X1 M | 2BR,1BA | $2.01 |
| The Huntington Apartments | 2 bed 1 bath | 2BR,1BA | $1.90 |
| Ensign I & II | 204 2x1 renovated | 2BR,1BA | $2.07 |
| The Abbey | Three Bedroom 1 Bath | 3BR,1BA | $2.38 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $2.15 |
| Trailside | 340 1X1 T | 1BR,1BA | $2.25 |
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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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 LifestyleLexington, Olympia, WA
Ranked #30
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lexington, Olympia, WA
North Thurston High School
North Thurston Public Schools
Public School - Grades 9-12 (1440)
6 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Olympia. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, places to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
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 Capitol Club Apartments which is listed at $1,300, 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
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.
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.