Cheap Apartments for Rent in the North Olympia Neighborhood of Olympia, WA from $600 (73 Rentals)

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

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.

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.

property at 1609 7th Ave SE

$1,547

Total Monthly Price

Total Monthly Price

Base Rent
$1,547

Total Monthly Price
$1,547

Studio, 1 Bath Home for Rent

Available Now

1609 7th Ave SE, Unit B

1609 7th Ave SE
OlympiaWA98501

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.

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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
  • Utilities Included
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Ashwood Downs Apartments
2 to 3 Bedroom Apartments

Ashwood Downs Apartments

1900 Ashwood Downs Ln SEOlympia, WA 98501
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Timbers West
1 to 2 Bedroom Apartments

Timbers West

1714 Evergreen Park Ct SWOlympia, WA 98502
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Elks Apartments
Studio to 2 Bedroom Apartments

Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
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Mulberry Place
Studio to 2 Bedroom Apartments

Mulberry Place

501 Franz Anderson Rd SEOlympia, WA 98501
Corporate Housing

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.

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The Ridge Apartments
1 to 2 Bedroom Apartments

The Ridge Apartments

2008 Evergreen Park Dr SWOlympia, WA 98502
  • Utilities Included
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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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Red Leaf Townhomes
2 to 3 Bedroom Apartments

Red Leaf Townhomes

1330-1344 Fones RdOlympia, WA 98501
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Merritt Manor
2 to 3 Bedroom Apartments

Merritt Manor

3335 Martin Way EOlympia, WA 98506
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The Madrone
Studio to 2 Bedroom Apartments

The Madrone

120 Water St NWOlympia, WA 98501
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Firwood Manor
Studio to 2 Bedroom Apartments

Firwood Manor

1400 Evergreen Park Dr SWOlympia, WA 98502
  • Utilities Included

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.

North Olympia, Olympia, WA Local Guide

Cheapest Available North Olympia Apartments for Rent

 

The cheapest available apartment rental in the North Olympia area of Olympia, WA is a Studio unit found at Cunningham Building priced from $1,025. Cedar Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable North Olympia apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Cunningham Building0BR/1.0BAStudio,1BA$1,025
Cedar Pointe Apartments1 Bed / 1 Bath1BR,1BA$1,100
Brentwood 509 Apartments1 BR/ 1 BA1BR,1BA$1,100
Stuart Place1.6451BR,1BA$1,153
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,199
Dawcrest Apartments1BR / 1 BA1BR,1BA$1,200
Brentwood Apartmentsone bedroom1BR,1BA$1,200
Westwater VillageThe DeschutesStudio,1BA$1,205
123-4thA5Studio,1BA$1,205
Market FlatsStudioStudio,1BA$1,250

Best Value Apartments for Rent in North Olympia, WA

As of May 28, 2026 the best value apartment in the North Olympia area is the $1.37 price per square foot 2BR/1.5BA Model at Updated Townhouse Style Apartments in the in the Lexington neighborhood starting from $1,565. The second greatest value North Olympia apartment is the The Ridgewood Model at Lansdale Pointe Apartments starting at $1,806 with a $1.79 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for North Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Updated Townhouse Style Apartments2BR/1.5BA2BR,1.5BA$1.37
Lansdale Pointe ApartmentsThe Ridgewood3BR,2BA$1.79
TribecaUnit B2BR,1BA$1.81
4401 Saratoga Pl NE, Unit 14401 Saratoga Pl NE3BR,1BA$1.89
The Huntington Apartments2 bed 1 bath2BR,1BA$1.90
Dawcrest Apartments1BR / 1 BA1BR,1BA$1.71
Elks Apartments1 Bed 1 Bath Large1BR,1BA$1.95
Capitol House ApartmentsUnit #1231BR,1BA$1.99
Stuart Place1.6211BR,1BA$1.86
Brentwood Apartmentsone bedroom1BR,1BA$1.94

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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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 Lifestyle
North Olympia, Olympia, WA

Ranked #17

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Olympia. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap North Olympia Apartments

What is a cheap apartment in North Olympia?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Olympia is under $1,250.

What is the price of a cheap apartment in North Olympia?

The cheapest apartment in North Olympia is Cedar Pointe Apartments which is listed at $1,100, while the average apartment in North Olympia costs $2,280.

What types of apartments are the cheapest in North Olympia?

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 16 regular apartments in North Olympia 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 North Olympia?

Cheap apartments in North Olympia have an average cost of $1,186 which is $1,094 cheaper than the average rent for all rentals in North Olympia.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.