
Cheap Apartments for Rent in the Newport Neighborhood of Olympia, WA from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Newport area of Olympia.


Capitol Steps

Hearthstone Place

Lansdale Pointe Apartments

The Huntington Apartments

Ensign I & II

The Easterly Apartment Homes
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.

1601-1603 Yew Ave NE

Landis Pointe

Talisman

1058 Central St SE

Mulberry Place

Abbey Lane

Northwood
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.

Olympia Village

Red Leaf Townhomes

Merritt Manor

New Englander Townhouses

The Abbey

2111 State Ave NE

The Hub at 629
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.

Total Monthly Price
The Elowen

Trailside

South Sound Villa Apartments

Golf Club Apartments

The Hub

Modera Lacey

925 Bradley St NE
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.

901 Lacey St SE
Newport, Olympia, WA Local Guide

How much does it cost to rent an apartment in Newport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newport Studio Apartments | $1,525 | $1,450 | $1,625 |
| Newport 1 Bedroom Apartments | $1,712 | $1,400 | $1,950 |
| Newport 2 Bedroom Apartments | $2,147 | $1,478 | $2,395 |
| Newport 3 Bedroom Apartments | $1,977 | $1,711 | $2,620 |
| Newport 4 Bedroom Apartments | $1,905 | $1,905 | $1,905 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Newport Neighborhood of Olympia, WA.
See all Apartments in OlympiaExplore Olympia
Newport, Olympia, WA Local Guide
- Nearby Olympia neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Newport Apartments for Rent
 The cheapest available apartment rental in the Newport area of Olympia, WA is a Studio unit found at The Hub priced from $1,375. Abbey Lane has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here are the most affordable Newport apartments for rent in Olympia, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hub | Studio A.7 | Studio,1BA | $1,375 |
| 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 |
| Ensign I & II | 902 1x1 reno | 1BR,1BA | $1,575 |
| The Hub at 629 | 629a2 | Studio,1BA | $1,625 |
| The Abbey | Two Bedroom | 2BR,1BA | $1,650 |
| The Easterly Apartment Homes | Modern 1B/1B Apartment on Eastside Street in Ol... | 1BR,1BA | $1,670 |
| Trailside | 340 1X1 T | 1BR,1BA | $1,675 |
| Landis Pointe | 1X1 | 1BR,1BA | $1,700 |
Best Value Apartments for Rent in Newport, WA
As of April 23, 2026 the best value apartment in the Newport area is the $2.22 price per square foot 2x2 C Model at The Elowen in the in the Lexington neighborhood starting from $2,265. The second greatest value Newport 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 Newport apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Elowen | 2x2 C | 2BR,2BA | $2.22 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| Talisman | 289 2X1 T | 2BR,1BA | $2.01 |
| Landis Pointe | 1X1 | 1BR,1BA | $2.23 |
| The Abbey | Two Bedroom | 2BR,1BA | $2.20 |
| Modera Lacey | A03 | 1BR,1BA | $2.46 |
| Trailside | 340 1X1 T | 1BR,1BA | $2.39 |
| Abbey Lane | 1 Bed 1 Bath | 1BR,1BA | $2.07 |
| Ensign I & II | 902 1x1 reno | 1BR,1BA | $2.41 |
| Hearthstone Place | 1 x 1 w/Deck | 1BR,1BA | $2.95 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
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 LifestyleNewport, Olympia, WA
Ranked #34
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Newport, Olympia, WA
North Thurston High School
School data provided by Great Schools
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 $1,700.
What is the price of a cheap apartment in Newport?
The cheapest apartment in Newport is Abbey Lane which is listed at $1,450, while the average apartment in Newport costs $2,275.
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 7 regular apartments in Newport 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 Newport?
Cheap apartments in Newport have an average cost of $1,380 which is $895 cheaper than the average rent for all rentals in Newport.
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

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.

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.