Cheap Apartments for Rent in the Newport Neighborhood of Olympia, WA from $600 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Newport area of Olympia.

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.

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Mulberry Place
Studio to 2 Bedroom Apartments

Mulberry Place

501 Franz Anderson Rd SEOlympia, WA 98501
Corporate Housing
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Northwood
2 Bedroom Apartments

Northwood

4120 6th Ave NEOlympia, WA 98516
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Olympia Village
1 Bedroom Apartments

Olympia Village

900 Fairview St SEOlympia, WA 98501
Senior Living
  • Utilities Included
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Merritt Manor
2 to 3 Bedroom Apartments

Merritt Manor

3335 Martin Way EOlympia, WA 98506
  • Utilities Included

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.

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Red Leaf Townhomes
2 to 3 Bedroom Apartments

Red Leaf Townhomes

1330-1344 Fones RdOlympia, WA 98501
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The Abbey
2 to 3 Bedroom Apartments

The Abbey

122 Lilly Rd NEOlympia, WA 98506
  • Utilities Included

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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6Wood Flats
Rent Specials
$1,816 - $2,440
Total Monthly Price

Total Monthly Price

Base Rent
$1,816 - $2,440

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

6Wood Flats

4410 6th Ave SELacey, WA 98503
Pet Friendly
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Golf Club Apartments
1 to 3 Bedroom Apartments

Golf Club Apartments

1130 Golf Club Rd SELacey, WA 98503
  • Utilities Included
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The Hub
Studio to 2 Bedroom Apartments

The Hub

4444 6th Ave SELacey, WA 98503
Military
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Modera Lacey
1 to 3 Bedroom Apartments

Modera Lacey

5499 15th Ave NELacey, WA 98516

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.

Newport, Olympia, WA Local Guide

Cheapest Available Newport Apartments for Rent

 

The cheapest available apartment rental in the Newport area of Olympia, WA is a 1 Bed unit found at Stateside Flats priced from $1,345. Hearthstone Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here are the most affordable Newport apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Stateside Flats1x1M1BR,1BA$1,345
Hearthstone PlaceStudioStudio,1BA$1,475
629 Apartments629a2Studio,1BA$1,499
Modera LaceyA031BR,1BA$1,554
Lansdale Pointe ApartmentsThe Meadow2BR,2BA$1,561
Capitol Steps1x1 Middle1BR,1BA$1,575
Trailside340 1X1 T1BR,1BA$1,575
Ensign I & II204 2x1 renovated2BR,1BA$1,699
1126 Sleater Kinney Rd SE2 BR/ 1 BA2BR,1BA$1,725
Talisman289 2X1 T2BR,1BA$1,799

Best Value Apartments for Rent in Newport, WA

As of July 23, 2026 the best value apartment in the Newport area is the $1.71 price per square foot The Fieldstone Model at Lansdale Pointe Apartments in the in the Lexington neighborhood starting from $2,011. The second greatest value Newport apartment is the B01 Model at Modera Lacey starting at $2,169 with a $2.17 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Newport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lansdale Pointe ApartmentsThe Fieldstone4BR,2BA$1.71
Modera LaceyB012BR,2BA$2.17
Talisman289 2X1 M2BR,1BA$2.01
Landis Pointe2X12BR,1BA$2.09
Ensign I & II204 2x1 renovated2BR,1BA$2.07
6Wood Flats1x1 B1BR,1BA$2.53
Capitol Steps1x1 Middle1BR,1BA$2.23
Trailside340 1X1 T1BR,1BA$2.25
1126 Sleater Kinney Rd SE2 BR/ 1 BA2BR,1BA$2.48
Stateside Flats1x1M1BR,1BA$2.34

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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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
Newport, Olympia, WA

Ranked #35

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Newport Apartments

What is a cheap apartment in Newport?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newport is under $1,799.

What is the price of a cheap apartment in Newport?

The cheapest apartment in Newport is Stateside Flats which is listed at $1,345, while the average apartment in Newport costs $2,011.

What types of apartments are the cheapest in Newport?

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 3 regular apartments in Newport that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.