612 S Bay Rd NE
OlympiaWA98506
Cheap Apartments for Rent in the Lexington Neighborhood of Olympia, WA from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lexington area of Olympia.
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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
7245 32nd Ave NE
LaceyWA98516
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$1,230 - $1,4001 Bedroom Apartments Available Feb 11
Capitol Club Apartments
3800 14th Ave SELacey, WA 98503
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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$1,3251 Bedroom Apartment Available Mar 15
1205 Cora St SE, Unit C
1205 Cora St SELacey, WA 98503
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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
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.
Showing Results 1-12, 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 | $1,566 | $1,150 | $1,895 |
| Lexington 1 Bedroom Apartments | $1,751 | $1,275 | $2,673 |
| Lexington 2 Bedroom Apartments | $2,057 | $957 | $3,570 |
| Lexington 3 Bedroom Apartments | $3,095 | $1,711 | $3,600 |
| Lexington 4 Bedroom Apartments | $1,905 | $1,905 | $1,905 |
Browse Apartments in this Neighborhood
There are currently 12 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 Studio unit found at The Hub priced from $1,399. Ensign I & II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,421. Here are the most affordable Lexington apartments for rent in Olympia, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hub | Studio A.7 | Studio,1BA | $1,399 |
| Ensign I & II | 902 1X1 Reno | 1BR,1BA | $1,421 |
| Abbey Lane | 1 Bed 1 Bath | 1BR,1BA | $1,450 |
| Hearthstone Place | Studio | Studio,1BA | $1,475 |
| Lansdale Pointe Apartments | The Meadow | 2BR,2BA | $1,478 |
Best Value Apartments for Rent in Lexington, WA
As of February 06, 2026 the best value apartment in the Lexington area is the $0.92 price per square foot 2B 2B small Model at Regency Apartments in the in the Lexington neighborhood starting from $1,805. The second greatest value Lexington apartment is the 2BR/1.5BA Model at Olympia Townhouses 325 Pattison starting at $1,555 with a $1.36 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. |
|---|---|---|---|
| Regency Apartments | 2B 2B small | 2BR,2BA | $0.92 |
| Olympia Townhouses 325 Pattison | 2BR/1.5BA | 2BR,1.5BA | $1.36 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| Serenity Apartments | 2 Bed 2 Bath (B) | 2BR,2BA | $2.00 |
| The Dakota | 1 Bed 1 Baths | 1BR,1BA | $2.15 |
| The Abbey | Two Bedroom | 2BR,1BA | $2.17 |
| Tribeca | Unit A | 1BR,1BA | $2.01 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $2.12 |
| Merritt Manor | Two Bedroom, One Bath - 2x1 | 2BR,1BA | $2.14 |
| Abbey Lane | 1 Bed 1 Bath | 1BR,1BA | $2.07 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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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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 #27
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 $1,550.
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is Ensign I & II which is listed at $1,421, while the average apartment in Lexington costs $3,600.
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 10 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 $1,035 which is $2,565 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.