
Cheap Apartments for Rent in the Lexington Neighborhood of Olympia, WA from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lexington area of Olympia.


Hearthstone Place

Lansdale Pointe Apartments

Bellwether Apartments

Tribeca

Ensign I & II

The Huntington Apartments

Landis Pointe

Pacific Place Apartments
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.

Switchback

Talisman

Ashwood Downs Apartments

Diamond Head Apartments

Mulberry Place

Olympia Townhouses - 211 Pattison

Abbey Lane

Northwood

Red Leaf Townhomes
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.

Merritt Manor

New Englander Townhouses

The Abbey

660 Malibu Dr SE

Arbol Grande

1620 Craig Rd SE

Capitol Club Apartments

Carpenter Crest

Total Monthly Price
Britton Place
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.

Toscana Apartment Homes

Total Monthly Price
6111 Glen Mary Ln SE, Unit D, Unit D

Total Monthly Price
The Elowen

Trailside

Total Monthly Price
The Dakota

935 College Ln NE

The Hub at 629

Affinity at Lacey 55+
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.

South Sound Villa Apartments

Silverwood

The Ashton

Golf Club Apartments

The Hub

Emerald Pointe Apartments

Regency Apartments

Serenity Apartments

Modera Lacey
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Lodge

6103 Carmel Ln SE

5812 19th Ave SE

4314 14th Way SE
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 | $1,639 | $1,466 | $1,795 |
| Lexington 1 Bedroom Apartments | $1,749 | $1,310 | $2,563 |
| Lexington 2 Bedroom Apartments | $2,167 | $1,478 | $3,570 |
| Lexington 3 Bedroom Apartments | $2,012 | $1,711 | $2,303 |
| Lexington 4 Bedroom Apartments | $1,905 | $1,905 | $1,905 |
Browse Apartments in this Neighborhood
There are currently 49 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
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- Local Counties
- School Districts
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 $1,375. Olympia Townhouses - 211 Pattison has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. 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 | $1,375 |
| Olympia Townhouses - 211 Pattison | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Abbey Lane | 1 Bed 1 Bath | 1BR,1BA | $1,450 |
| Britton Place | PLAN A - STUDIO | Studio,1BA | $1,466 |
| Hearthstone Place | Studio | Studio,1BA | $1,475 |
| Bellwether Apartments | Small 1B 1B | 1BR,1BA | $1,495 |
| Ensign I & II | 902 1x1 reno | 1BR,1BA | $1,575 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $1,595 |
| Toscana Apartment Homes | Junior One Bedroom One Bath | 1BR,1BA | $1,645 |
Best Value Apartments for Rent in Lexington, WA
As of May 07, 2026 the best value apartment in the Lexington area is the $2.08 price per square foot The Adams - Top / Bottom Corner Units Model at Switchback in the in the Lexington neighborhood starting from $2,132. The second greatest value Lexington apartment is the The Ridgewood Model at Lansdale Pointe Apartments starting at $1,711 with a $1.70 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. |
|---|---|---|---|
| Switchback | The Adams - Top / Bottom Corner Units | 2BR,2BA | $2.08 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| 6111 Glen Mary Ln SE, Unit D | 6111 Glen Mary Ln SE | 2BR,1BA | $1.60 |
| Serenity Apartments | 2 Bed 2 Bath (A) | 2BR,2BA | $1.99 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| Olympia Townhouses - 211 Pattison | 2BR/1.0BA | 2BR,1BA | $1.58 |
| Talisman | 289 2X1 T | 2BR,1BA | $2.01 |
| Sunset Gardens | 2BR/1.0BA | 2BR,1BA | $2.16 |
| Emerald Pointe Apartments | One Bedroom One Bath | 1BR,1BA | $2.16 |
| 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.
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 ArticleQuick 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.
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
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 the Cheapest Studio apartment in Lexington?
Currently the most affordable Cheap Studio Apartment in Lexington is at The Hub listed at $1,375.
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $1,450 at Abbey Lane.
What is the lowest price for a Cheap Two Bedroom Lexington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lexington is starting from $1,425 at Olympia Townhouses - 211 Pattison.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at Lansdale Pointe Apartments and starts from $1,711.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.
