Cheap Apartments for Rent in the Northwest Olympia Neighborhood of Olympia, WA from $900 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northwest 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 615 Division St NW

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

615 Division St NW

OlympiaWA98502

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.

property at 429 Thomas St NW

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Townhome for Rent

Available May 15

429 Thomas St NW

OlympiaWA98502
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The Goat
Rent Specials
$1,817 - $2,447
Total Monthly Price

Total Monthly Price

Base Rent
$1,817 - $2,447

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Goat

3311 6th Ave SWOlympia, WA 98502
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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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Timbers West
1 to 2 Bedroom Apartments

Timbers West

1714 Evergreen Park Ct SWOlympia, WA 98502
  • Utilities Included
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Evergreen Villages
1 to 4 Bedroom Apartments

Evergreen Villages

505 Division St NWOlympia, 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.

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Capital Park
Studio to 2 Bedroom Apartments

Capital Park

2900 Limited Ln NWOlympia, 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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Fern Ridge
1 to 3 Bedroom Apartments

Fern Ridge

1309 Fern St SWOlympia, WA 98502
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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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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
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Capitol Crossing
Studio to 2 Bedroom Apartments

Capitol Crossing

1112 Chestnut St SEOlympia, WA 98501

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Northwest Olympia, Olympia, WA Local Guide

Cheapest Available Northwest Olympia Apartments for Rent

 

The cheapest available apartment rental in the Northwest Olympia area of Olympia, WA is a 1 Bed unit found at Stuart Place priced from $1,076. Brentwood 509 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Northwest Olympia apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Stuart Places.4401BR,1BA$1,076
Brentwood 509 Apartments1 BR/ 1 BA1BR,1BA$1,100
Cedar Pointe Apartments1 Bed / 1 Bath1BR,1BA$1,100
Westwater VillageThe DeschutesStudio,1BA$1,151
Cunningham Building0BR/1.0BAStudio,1BA$1,190
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,199
Dawcrest Apartments1BR / 1 BA1BR,1BA$1,200
Brentwood Apartmentsone bedroom1BR,1BA$1,200
123-4thA5Studio,1BA$1,205
Capital ParkStudioStudio,1BA$1,250

Best Value Apartments for Rent in Northwest Olympia, WA

As of April 27, 2026 the best value apartment in the Northwest Olympia area is the $1.88 price per square foot 2 Bed 2 Bath Model at 8Hundred West Apartments in the in the Wellington West neighborhood starting from $1,925. The second greatest value Northwest Olympia apartment is the 2 BR / 2 BA Model at Fairfield Townhomes starting at $2,100 with a $2.10 price per square foot in the Wellington West neighborhood. Here is today’s list of the best values for Northwest Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8Hundred West Apartments2 Bed 2 Bath2BR,2BA$1.88
Fairfield Townhomes2 BR / 2 BA2BR,2BA$2.10
WoodlandAlder1BR,1BA$2.26
Cambridge Court1 Bed 1 Bath B1BR,1BA$1.74
Olympic Heights2x1G Falcon Renovated2BR,1BA$2.20
Abalon Pointe1 Bed 1 Bath1BR,1BA$1.92
Dawcrest Apartments1BR / 1 BA1BR,1BA$1.71
Black Lake ApartmentsTUMWATER1BR,1BA$2.22
Brentwood Apartmentsone bedroom1BR,1BA$1.94
Brentwood 509 Apartments1 BR/ 1 BA1BR,1BA$2.20

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.

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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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The 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.

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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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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.

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Pet Friendly Lifestyle
Northwest Olympia, Olympia, WA

Ranked #22

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.com works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Olympia. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, features that make it easier to raise kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Northwest Olympia Apartments

What is a cheap apartment in Northwest Olympia?

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

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

The cheapest apartment in Northwest Olympia is Stuart Place which is listed at $1,076, while the average apartment in Northwest Olympia costs $2,297.

What types of apartments are the cheapest in Northwest 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 10 regular apartments in Northwest 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 Northwest Olympia?

Cheap apartments in Northwest Olympia have an average cost of $167 which is $2,130 cheaper than the average rent for all rentals in Northwest 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.