Cheap Apartments for Rent in the Northwest Olympia Neighborhood of Olympia, WA from $1,000 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northwest Olympia 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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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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The Goat
Rent Specials
$1,817 - $2,472
Total Monthly Price

Total Monthly Price

Base Rent
$1,817 - $2,472
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Goat

3311 6th Ave SWOlympia, WA 98502
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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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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, 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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Evergreen Villages
1 to 4 Bedroom Apartments

Evergreen Villages

505 Division St NWOlympia, WA 98502
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Market Flats
Studio to 2 Bedroom Apartments

Market Flats

310 Capitol WayOlympia, WA 98501
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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

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.

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The Ridge Apartments
1 to 2 Bedroom Apartments

The Ridge Apartments

2008 Evergreen Park Dr SWOlympia, WA 98502
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Capital Park
Studio to 2 Bedroom Apartments

Capital Park

2900 Limited Ln NWOlympia, WA 98502
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Campus Lofts
Studio to 3 Bedroom Apartments

Campus Lofts

510-512 12th Ave SEOlympia, WA 98501
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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

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.

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Showing Results 1-50, Page 1 of 2

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
Westwater VillageThe DeschutesStudio,1BA$1,183
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,199
123-4thA9Studio,1BA$1,200
Dawcrest Apartments1BR / 1 BA1BR,1BA$1,200
Brentwood Apartmentsone bedroom1BR,1BA$1,200
Heritage Park Apartments1 Bedroom1BR,1BA$1,235
Capitol House ApartmentsUnit #1231BR,1BA$1,295
Stateside Flats1x1M1BR,1BA$1,345

Best Value Apartments for Rent in Northwest Olympia, WA

As of July 27, 2026 the best value apartment in the Northwest Olympia area is the $2.31 price per square foot D1 Model at The Goat in the in the Wellington West neighborhood starting from $2,397. The second greatest value Northwest Olympia apartment is the Birch Model at Woodland starting at $1,966 with a $2.18 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.
The GoatD13BR,2BA$2.31
WoodlandBirch1BR,1BA$2.18
Cambridge Court1 Bed 1 Bath B1BR,1BA$1.90
Abalon Pointe1x11BR,1BA$1.96
Capitol Crossing1x11BR,1BA$2.32
Capitol Steps1x1 Middle1BR,1BA$2.23
Dawcrest Apartments1BR / 1 BA1BR,1BA$1.71
Brentwood Apartmentsone bedroom1BR,1BA$1.94
Stateside Flats1x1M1BR,1BA$2.34
Brentwood 509 Apartments1 BR/ 1 BA1BR,1BA$2.20

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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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 #23

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Northwest Olympia, Olympia, WA

School data provided by Great Schools

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 $1,345.

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 $2,397.

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 14 regular apartments in Northwest Olympia 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.