Cheap Apartments for Rent in the Northwest Olympia Neighborhood of Olympia, WA from $1,000 (36 Rentals)

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

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.

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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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

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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The Elks Apartments
Studio to 2 Bedroom Apartments

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
  • Utilities Included
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Evergreen Villages
1 to 4 Bedroom Apartments

Evergreen Villages

505 Division St NWOlympia, WA 98502
  • Utilities Included
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Fern Ridge
1 to 3 Bedroom Apartments

Fern Ridge

1309 Fern St SWOlympia, WA 98502
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Lakeridge Regency
1 to 2 Bedroom Apartments

Lakeridge Regency

2008 Evergreen Park Dr SWOlympia, WA 98502
  • Utilities Included
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Westman Mills
Studio to 3 Bedroom Apartments

Westman Mills

510 State Ave NEOlympia, WA 98501
  • Utilities Included
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8Hundred West
1 to 3 Bedroom Apartments

8Hundred West

800 Alta St SWOlympia, WA 98502
  • Utilities Included
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The Madrone
Studio to 2 Bedroom Apartments

The Madrone

120 Water St NWOlympia, WA 98501

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.

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. Heritage Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Northwest Olympia apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Stuart Places.4401BR,1BA$1,076
Heritage Park ApartmentsStudioStudio,1BA$1,150
Cunningham Building0BR/1.0BAStudio,1BA$1,190
123-4thA9Studio,1BA$1,275
Cedar Pointe Apartments1 Bed / 1 Bath1BR,1BA$1,295
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,313
Views on Fifth0BR/1.0BAStudio,1BA$1,350
401 Union0BR/1.0BAStudio,1BA$1,400
Crowne Pointe ApartmentsThe Shire2BR,1BA$1,420
Capital Park1X11BR,1BA$1,475

Best Value Apartments for Rent in Northwest Olympia, WA

As of December 16, 2025 the best value apartment in the Northwest Olympia area is the $2.24 price per square foot D1 Model at The Goat in the in the Wellington West neighborhood starting from $2,325. The second greatest value Northwest Olympia apartment is the 2x1G Falcon Renovated Model at Olympic Heights starting at $1,788 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.
The GoatD13BR,2BA$2.24
Olympic Heights2x1G Falcon Renovated2BR,1BA$2.10
Crowne Pointe ApartmentsThe Shire2BR,1BA$1.68
Butler CoveOak Renovated2BR,1BA$2.31
Cambridge Court1 Bed 1 Bath A1BR,1BA$1.98
Abalon Pointe1 Bed 1 Bath1BR,1BA$1.92
Sherwood Glen1X1 CLASSIC1BR,1BA$2.10
Black Lake ApartmentsTUMWATER1BR,1BA$2.11
WoodlandElm1BR,1BA$2.21
Capital Park1X11BR,1BA$2.36

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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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

3.5
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!

Getting Around the Northwest Olympia Neighborhood in Olympia, WA

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

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 $1,475.

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 $2,020.

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 5 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 $116 which is $1,904 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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.