Cheap Apartments for Rent in the South Capitol Neighborhood of Olympia, WA from $900 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Capitol area of Olympia.

Boardwalk Senior Affordable Apartments

Heritage Park Apartments

Crowne Pointe Apartments

The Malt House Apartment Homes
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.

Westman Mills

Capitol Steps
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.

Capitol Crossing

Abalon Pointe Apartments
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
South Capitol, Olympia, WA Local Guide

How much does it cost to rent an apartment in South Capitol?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Capitol Studio Apartments | $1,291 | $1,150 | $1,500 |
South Capitol 1 Bedroom Apartments | $1,542 | $1,076 | $2,095 |
South Capitol 2 Bedroom Apartments | $1,943 | $1,356 | $3,695 |
South Capitol 3 Bedroom Apartments | $2,359 | $1,646 | $3,010 |
South Capitol 4 Bedroom Apartments | $3,192 | $3,100 | $3,290 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the South Capitol Neighborhood of Olympia, WA.
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South Capitol, Olympia, WA Local Guide
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Cheapest Available South Capitol Apartments for Rent
 The cheapest available apartment rental in the South Capitol area of Olympia, WA is a Studio unit found at Heritage Park Apartments priced from $1,150. Stuart Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,153. Here are the most affordable South Capitol apartments for rent in Olympia, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Park Apartments | Studio | Studio,1BA | $1,150 |
Stuart Place | 1.629 | 1BR,1BA | $1,153 |
Market Flats | Studio | Studio,1BA | $1,200 |
The Malt House Apartment Homes | 0BR/1.0BA | Studio,1BA | $1,225 |
Westman Mills | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in South Capitol, WA
As of June 06, 2025 the best value apartment in the South Capitol area is the $1.64 price per square foot 3 Beds / 2.5 Baths Model at Forest Park Townhomes in the in the South Westside neighborhood starting from $2,550. The second greatest value South Capitol apartment is the 3BR/2.0BA Model at Copper Leaf Residences starting at $2,375 with a $1.67 price per square foot in the Downtown Olympia neighborhood. Here is today’s list of the best values for South Capitol apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
Copper Leaf Residences | 3BR/2.0BA | 3BR,2BA | $1.67 |
Parkview Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.89 |
Firwood Manor | Traditional Model | 2BR,1BA | $1.41 |
Little Tuscany Apartments & Townhomes | Bella A | 2BR,2BA | $2.00 |
Abalon Pointe Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
Cambridge Court | 1 Bed 1 Bath B | 1BR,1BA | $1.98 |
Overlander | Pathfinder | 1BR,1BA | $2.02 |
Capitol Crossing | 1x1 | 1BR,1BA | $2.04 |
Wilderness West Apartments | 1B 1B | 1BR,1BA | $2.20 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleSouth Capitol, Olympia, WA
Ranked #8
Among neighborhoods in Olympia, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Capitol, Olympia, WA
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is happy to bring 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 outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the South Capitol Neighborhood in Olympia, WA
Walk Score®
60 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap South Capitol Apartments
What is a cheap apartment in South Capitol?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Capitol is under $1,450.
What is the price of a cheap apartment in South Capitol?
The cheapest apartment in South Capitol is Stuart Place which is listed at $1,153, while the average apartment in South Capitol costs $3,190.
What types of apartments are the cheapest in South Capitol?
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 South Capitol 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 South Capitol?
Cheap apartments in South Capitol have an average cost of $220 which is $2,970 cheaper than the average rent for all rentals in South Capitol.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.