close
View Me
Rent Specials
$1,450 - $1,800Studio to 2 Bedroom Apartments Available Now
Hearthstone Place
512 Franz Anderson Rd SEOlympia, WA 98501
Cheap Apartments for Rent in the Lexington Neighborhood of Olympia, WA from $662 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lexington area of Olympia.
1126 Neil St NE
OlympiaWA98516
close
View Me
$1,550 - $2,2001 to 3 Bedroom Apartments Available Now
Tribeca
1700 Kempton St SEOlympia, WA 98501
close
View Me
Rent Specials
$1,550 - $1,8602 to 3 Bedroom Apartments Available Now
Merritt Manor
3335 Martin Way EOlympia, WA 98506
close
View Me
$1,561 - $2,0112 to 4 Bedroom Apartments Available Oct 2
Lansdale Pointe Apartments
1012 Burr Rd SEOlympia, WA 98501
close
View Me
Rent Specials
$1,592 - $2,2251 to 2 Bedroom Apartments Available Now
Switchback
7127 32nd Ave NEOlympia, WA 98516
close
View Me
Rent Specials
$1,6992 Bedroom Apartments Available Now
Ensign I & II
3800 Ensign Rd NEOlympia, WA 98506
close
View Me
Rent Specials
$1,700 - $1,8501 to 2 Bedroom Apartments Available Now
Landis Pointe
801 Lilly Rd NEOlympia, WA 98506
close
View Me
$1,700 - $2,2501 to 2 Bedroom Apartments Available Now
Pacific Place Apartments
6914 Pacific Ave SEOlympia, WA 98503
close
View Me
$1,700 - $2,2002 to 3 Bedroom Apartments Available Oct 17
The Huntington Apartments
913 Lilly Rd NEOlympia, WA 98506
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.
5803 13th Ave SE
OlympiaWA98503
close
View Me
Rent Specials
$1,799 - $1,8992 Bedroom Apartments Available Now
Talisman
3724 Ensign Rd NEOlympia, WA 98506
close
View Me
Rent Specials
$1,825 - $2,0702 to 3 Bedroom Apartments Available Sep 22
Bellwether Apartments
1400 Fones Rd SEOlympia, WA 98501
close
View Me
2 to 3 Bedroom Apartments
Ashwood Downs Apartments
1900 Ashwood Downs Ln SEOlympia, WA 98501
close
View Me
1 to 3 Bedroom Apartments
Diamond Head Apartments
1510 College St SEOlympia, WA 98503
close
View Me
Studio to 2 Bedroom Apartments
Mulberry Place
501 Franz Anderson Rd SEOlympia, WA 98501
close
View Me
2 Bedroom Apartments
211 Pattison St NE
211 Pattison St NEOlympia, WA 98506
close
View Me
1 to 2 Bedroom Apartments
Abbey Lane
522 Lilly Rd NEOlympia, WA 98506
close
View Me
2 Bedroom Apartments
Northwood
4120 6th Ave NEOlympia, WA 98516
close
View Me
2 Bedroom Apartments
1126 Neil Street NE
1126 Neil St NEOlympia, WA 98516
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.
close
View Me
2 to 3 Bedroom Apartments
Red Leaf Townhomes
1330-1344 Fones RdOlympia, WA 98501
close
View Me
2 Bedroom Apartments
New Englander Townhouses
325 Pattison St NEOlympia, WA 98506
close
View Me
2 to 3 Bedroom Apartments
The Abbey
122 Lilly Rd NEOlympia, WA 98506
close
View Me
2 Bedroom Apartments
Arbol Grande
1420 Fones Rd SEOlympia, WA 98501
7106 14th Ave NE
OlympiaWA98516
close
View Me
$1,300 - $1,7001 to 2 Bedroom Apartments Available Now
Capitol Club Apartments
3800 14th Ave SELacey, WA 98503
close
View Me
$1,399 - $2,295Studio to 2 Bedroom Apartments Available Now
629 Apartments
629 Woodland Square Loop SELacey, WA 98503
close
View Me
Rent Specials
$1,420 - $1,6501 to 2 Bedroom Apartments Available Now
Carpenter Crest
201 Carpenter Rd SELacey, WA 98503
close
View Me
Rent Specials
$1,515 - $3,146
Total Monthly Price
Base Rent$1,515 - $3,146
Total Monthly PriceVaries
Britton Place
6655 Britton Pky NELacey, WA 98516
close
View Me
Rent Specials
$1,648 - $2,298
Total Monthly Price
Base Rent$1,648 - $2,298
Total Monthly PriceVaries
Toscana Apartment Homes
6979 Birdseye Ave NELacey, WA 98516
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.
close
View Me
Rent Specials
$1,675 - $1,7751 to 2 Bedroom Apartments Available Now
Trailside
3806 12th Ave SELacey, WA 98503
close
View Me
Rent Specials
$1,700 - $2,680
Total Monthly Price
Base Rent$1,700 - $2,680
Total Monthly Price$1,700 - $2,680
The Elowen
5224 15th Ave NELacey, WA 98516
close
View Me
$1,725
Total Monthly Price
Base Rent$1,725
Total Monthly Price$1,725
1126 Sleater Kinney Rd SE
1126 Sleater Kinney Rd SELacey, WA 98503
close
View Me
$1,7252 Bedroom Apartments Available Soon
Sunset Gardens
1410 Alanna Dr SELacey, WA 98503
close
View Me
Rent Specials
$1,816 - $2,415
Total Monthly Price
Base Rent$1,816 - $2,415
Total Monthly Price$1,816 - $2,415
6Wood Flats
4410 6th Ave SELacey, WA 98503
4218 6th Ave NE
LaceyWA98516
close
View Me
$1,913 - $2,213
Total Monthly Price
Base Rent$1,913 - $2,213
Total Monthly PriceVaries
The Dakota
6205 Pacific Ave SELacey, WA 98503
close
View Me
Rent Specials
$2,201 - $3,5401 to 2 Bedroom Apartments Available Now
Affinity at Lacey 55+
6950 Birdseye Ave NELacey, WA 98516
close
View Me
1 Bedroom Apartments
South Sound Villa Apartments
4101 Lacey Blvd SELacey, WA 98503
close
View Me
Studio to 2 Bedroom Apartments
Silverwood Terrace Apartments
1617 Judd St SELacey, 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.
close
View Me
1 to 2 Bedroom Apartments
The Ashton
1025 Neil St NELacey, WA 98516
close
View Me
1 to 3 Bedroom Apartments
Golf Club Apartments
1130 Golf Club Rd SELacey, WA 98503
close
View Me
Studio to 2 Bedroom Apartments
The Hub
4444 6th Ave SELacey, WA 98503
close
View Me
1 to 3 Bedroom Apartments
Emerald Pointe Apartments
1405 Clearbrook Dr SELacey, WA 98503
close
View Me
1 to 2 Bedroom Apartments
Windrush SMC, LLC
1219 East St SELacey, WA 98503
close
View Me
Studio to 3 Bedroom Apartments
Serenity Apartments
444 Carpenter Rd SELacey, WA 98503
close
View Me
Studio to 3 Bedroom Apartments
The Lodge
456 Carpenter Rd SELacey, WA 98503
close
View Me
Studio to 2 Bedroom Apartments
Regency Apartments
1255 McDaniel Ln SELacey, WA 98503
close
View Me
1 to 3 Bedroom Apartments
Modera Lacey
5499 15th Ave NELacey, WA 98516
4419 21st Ct SE
LaceyWA98503
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.
Showing Results 1-50, Page 1 of 2
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 | $1,605 | $1,399 | $1,949 |
| Lexington 1 Bedroom Apartments | $1,768 | $1,300 | $2,558 |
| Lexington 2 Bedroom Apartments | $2,119 | $1,500 | $3,363 |
| Lexington 3 Bedroom Apartments | $2,230 | $1,806 | $2,680 |
| 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 51 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
- Nearby Cities
- ZIP codes
- Local Counties
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. Carpenter Crest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,420. 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 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR, 1BA | $1,420 |
| Hearthstone Place | Studio W/Den | Studio, 1BA | $1,450 |
| 629 Apartments | 629b1 | 1BR, 1BA | $1,499 |
| The Hub | Studio A.2 | Studio, 1BA | $1,499 |
| 1126 Neil Street NE | 2BR/1.0BA | 2BR, 1BA | $1,500 |
| Britton Place | PLAN A - STUDIO | Studio, 1BA | $1,515 |
| Merritt Manor | Two Bedroom, One Bath - 2x1 | 2BR, 1BA | $1,550 |
| Switchback | St. Helens - Top / Bottom Middle Units | 1BR, 1BA | $1,592 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR, 1BA | $1,595 |
Best Value Apartments for Rent in Lexington, WA
As of September 20, 2026 the best value apartment in the Lexington area is the $1.87 price per square foot two bedroom Model at Pacific Place Apartments in the Lexington neighborhood starting from $2,200. The second greatest value Lexington apartment is the 2 Bed 2 Baths Model at The Dakota in the Lexington neighborhood starting at $2,213 with a $2.06 price per square foot. 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. |
|---|---|---|---|
| Pacific Place Apartments | two bedroom | 2BR, 1BA | $1.87 |
| The Dakota | 2 Bed 2 Baths | 2BR, 2BA | $2.06 |
| Tribeca | Unit C | 2BR, 2BA | $1.84 |
| Talisman | 289 2X1 B | 2BR, 1BA | $2.01 |
| Ensign I & II | 204 2x1 renovated | 2BR, 1BA | $2.07 |
| Merritt Manor | Two Bedroom, One Bath - 2x1 | 2BR, 1BA | $1.89 |
| Landis Pointe | 1X1 | 1BR, 1BA | $2.23 |
| The Abbey | Two Bedroom | 2BR, 1BA | $2.20 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR, 1BA | $2.16 |
| 1126 Neil Street NE | 2BR/1.0BA | 2BR, 1BA | $2.14 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read Article
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.
Let everyone know!
Do you know the Lexington area?
If you’re an expert on all things Lexington, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleLexington, Olympia, WA
Ranked #30
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Lexington, Olympia, WA
North Thurston High School
North Thurston Public Schools
Public School - Grades 9-12 (1381)
7 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 $1,595.
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 $1,900.
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 2 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 $1,265 which is $635 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
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.