Cheap Apartments for Rent in the South Capitol Neighborhood of Olympia, WA from $1,000 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Capitol 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.

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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
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Timbers West
1 to 2 Bedroom Apartments

Timbers West

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

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
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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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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
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Olympia Village
1 Bedroom Apartments

Olympia Village

900 Fairview St SEOlympia, WA 98501
Senior Living
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Westman Mills
Studio to 3 Bedroom Apartments

Westman Mills

510 State Ave NEOlympia, WA 98501
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The Madrone
Studio to 2 Bedroom Apartments

The Madrone

120 Water St NWOlympia, 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.

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Showing Results 1-39, Page 1 of 1

South Capitol, Olympia, WA Local Guide

Cheapest Available South Capitol Apartments for Rent

 

The cheapest available apartment rental in the South Capitol 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 South Capitol 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
401 Union0BR/1.0BAStudio,1BA$1,400
Views on Fifth0BR/1.0BAStudio,1BA$1,400
Crowne Pointe ApartmentsThe Shire2BR,1BA$1,420
Silver Leaf Residences - A 55+ CommunityStudioStudio,1BA$1,425

Best Value Apartments for Rent in South Capitol, WA

As of December 29, 2025 the best value apartment in the South Capitol area is the $1.42 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Parkside Executive Townhomes at Briggs in the in the Wellington West neighborhood starting from $2,406. The second greatest value South Capitol apartment is the 3 Beds / 2.5 Baths Model at Forest Park Townhomes starting at $2,550 with a $1.64 price per square foot in the Wellington West neighborhood. Here is today’s list of the best values for South Capitol apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside Executive Townhomes at Briggs3 Bedroom 2.5 Bath Townhome3BR,2.5BA$1.42
Forest Park Townhomes3 Beds / 2.5 Baths3BR,2.5BA$1.64
350 North ApartmentsLarge 2-Bed/2-Bath Ground Floor2BR,2BA$1.81
Copper Leaf Residences2BR/2.0BA2BR,2BA$1.73
Evergreen Vista I & II Apartments3 Beds, 2 baths3BR,2BA$1.58
Lansdale Pointe ApartmentsThe Ridgewood3BR,2BA$1.71
Crowne Pointe ApartmentsThe Shire2BR,1BA$1.68
Breckenridge HeightsWindsor1BR,1BA$1.94
Cambridge Court1 Bed 1 Bath A1BR,1BA$1.98
Abalon Pointe1 Bed 1 Bath1BR,1BA$1.92

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
South Capitol, Olympia, WA

Ranked #8

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
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!

Frequently Asked Questions about Cheap South Capitol Apartments

What is the Cheapest Studio apartment in South Capitol?

Currently the most affordable Cheap Studio Apartment in South Capitol is at Heritage Park Apartments listed at $1,150.

How much is rent for a Cheap One Bedroom South Capitol Apartment?

The lowest price for a Cheap One Bedroom South Capitol Apartment is $1,076 at Stuart Place.

What is the lowest price for a Cheap Two Bedroom South Capitol Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Capitol is starting from $1,420 at Crowne Pointe Apartments.

What is the most affordable South Capitol Three Bedroom Apartment?

The best deal on a cheap South Capitol Three Bedroom Apartment rental is at Heritage Park Apartments and starts from $1,595.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!