
Cheap Homes for Rent in South Capitol Neighborhood of Olympia, WA from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the South Capitol area of Olympia.


517 H St SW

1407 Evergreen Park Dr SW
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.

831 S 7th Ave SW

2300 9th Ave SW
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.
South Capitol, Olympia, WA Local Guide

How much does it cost to rent a home in South Capitol?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Capitol 2 Bedroom Homes for Rent | $1,939 | $1,795 | $2,300 |
South Capitol 3 Bedroom Homes for Rent | $2,599 | $2,000 | $3,100 |
South Capitol 4 Bedroom Homes for Rent | $3,181 | $2,700 | $4,950 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the South Capitol Neighborhood of Olympia, WA.
Explore Olympia
South Capitol, Olympia, WA Local Guide
- Nearby Olympia neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,175. Here are the most affordable South Capitol apartments for rent in Olympia, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stuart Place | s.440 | 1BR,1BA | $1,076 |
Heritage Park Apartments | Studio- Large | Studio,1BA | $1,175 |
Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,190 |
Best Value Apartments for Rent in South Capitol, WA
As of September 15, 2025 the best value apartment in the South Capitol area is the $1.46 price per square foot 3 Story Townhouse Model at Parkside Executive Townhomes at Briggs in the in the Wellington West neighborhood starting from $2,760. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkside Executive Townhomes at Briggs | 3 Story Townhouse | 4BR,2.5BA | $1.46 |
Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
Copper Leaf Residences | 3BR/2.0BA | 3BR,2BA | $1.67 |
Olympic Heights | 3x2 TH Peregrine Renovated | 3BR,2BA | $1.71 |
Cambridge Court | 2 Bed 2 Bath B | 2BR,2BA | $1.65 |
Lansdale Pointe Apartments | The Ridgewood (3x2) | 3BR,2BA | $1.71 |
Firwood Manor | Traditional Model | 2BR,1BA | $1.52 |
Wilderness West Apartments | 2B 1B | 2BR,1BA | $1.98 |
Breckenridge Apartments | Danbury | 1BR,1BA | $1.91 |
Abalon Pointe | 1 Bed 1 Bath | 1BR,1BA | $1.92 |
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.
Pet Friendly LifestyleSouth Capitol, Olympia, WA
Ranked #10
Among cities in Washington 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
Frequently Asked Questions about South Capitol
What type of rentals are currently available in South Capitol?
There are currently 138 Apartments for Rent in South Capitol, WA with pricing that ranges from $1,175 to $2,760. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Capitol ranging from $1,276 to $4,950.
What is the current price range for Rental Homes in South Capitol?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Capitol ranges from $1,276 to $4,950 with an average monthly rent of $2,098.
How much are larger Three and Four Bedroom Rentals in South Capitol?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Capitol range from $1,629 to $2,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $1,914.
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 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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.