
Cheap Studio Apartments for Rent in the South Capitol Neighborhood of Olympia, WA from $1,187 (15 Rentals)


123-4th

Market Flats

Westman Mills

The Malt House Apartment Homes
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Silver Leaf Residences - A 55+ Community

401 Union

515 Foote St SW, Unit #3, Unit #3

Capitol Steps

Views on Fifth
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

1609 7th Ave SE, Unit B, Unit B

Total Monthly Price
Little Tuscany Apartments & Townhomes

Cunningham Building

Capitol Terrace

Total Monthly Price
Crossroads on Crosby
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.
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 | $1,411 | $1,187 | $2,663 |
| South Capitol 1 Bedroom Apartments | $1,600 | $1,100 | $2,850 |
| South Capitol 2 Bedroom Apartments | $1,966 | $1,300 | $2,450 |
| South Capitol 3 Bedroom Apartments | $2,339 | $1,629 | $2,845 |
| South Capitol 4 Bedroom Apartments | $2,603 | $2,011 | $3,299 |
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South Capitol, Olympia, WA Local Guide
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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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in South Capitol, Olympia, WA
School data provided by Great Schools
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 $1,250.
What is the price of a cheap apartment in South Capitol?
The cheapest apartment in South Capitol is Cunningham Building which is listed at $1,025, while the average apartment in South Capitol costs $2,500.
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 15 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 $306 which is $2,194 cheaper than the average rent for all rentals in South Capitol.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.