Cheap Apartments for Rent in the South Olympia Neighborhood of Olympia, WA from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Olympia area of Olympia.

Boardwalk Senior Affordable Apartments

Heritage Park Apartments

Crowne Pointe Apartments

The Malt House Apartment Homes

Westman Mills
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.

Tumwater Apartments - Senior Community
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.

The Timbers Apartments

Capitol Club Apartments

3819 12th Ave SE, Unit A
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 Olympia, Olympia, WA Local Guide

How much does it cost to rent an apartment in South Olympia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Olympia Studio Apartments | $1,357 | $1,150 | $2,671 |
South Olympia 1 Bedroom Apartments | $1,674 | $1,099 | $3,212 |
South Olympia 2 Bedroom Apartments | $2,017 | $1,356 | $4,662 |
South Olympia 3 Bedroom Apartments | $2,343 | $1,595 | $3,010 |
South Olympia 4 Bedroom Apartments | $3,058 | $2,245 | $3,435 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the South Olympia Neighborhood of Olympia, WA.
See all Apartments in OlympiaExplore Olympia
South Olympia, Olympia, WA Local Guide
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Cheapest Available South Olympia Apartments for Rent
 The cheapest available apartment rental in the South 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 South Olympia 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 | Studio,1BA | $1,150 |
Market Flats | Studio | Studio,1BA | $1,200 |
The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,220 |
Capitol Club Apartments | One Bedroom | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in South Olympia, WA
As of June 03, 2025 the best value apartment in the South Olympia area is the $1.69 price per square foot 3x3 Small Model at Chambers Reserve Townhomes in the in the Lexington neighborhood starting from $2,695. The second greatest value South Olympia 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 South Westside neighborhood. Here is today’s list of the best values for South Olympia apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Chambers Reserve Townhomes | 3x3 Small | 3BR,3BA | $1.69 |
Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
Copper Leaf Residences | 3BR/2.0BA | 3BR,2BA | $1.67 |
Woodland | Conifer | 2BR,2BA | $1.57 |
Tribeca | Unit C | 2BR,2BA | $1.79 |
Firwood Manor | Traditional Model | 2BR,1BA | $1.41 |
The Huntington Apartments | Renovated 2 bed 2 bath | 2BR,2BA | $1.80 |
Firwood Grove Apartment LLC | 2 Bed 2 Bath | 2BR,2BA | $1.85 |
Abalon Pointe Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
Northwood | 2 Bed 1 Bath | 2BR,1BA | $1.62 |
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 Olympia, Olympia, WA
Ranked #1
Among neighborhoods in Olympia, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Olympia, Olympia, WA
George Washington Bush Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Washington, including Olympia. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, family-friendly amenities, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.
Getting Around the South Olympia Neighborhood in Olympia, WA
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
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 Olympia Apartments
What is a cheap apartment in South Olympia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Olympia is under $1,300.
What is the price of a cheap apartment in South Olympia?
The cheapest apartment in South Olympia is Stuart Place which is listed at $1,076, while the average apartment in South Olympia costs $3,375.
What types of apartments are the cheapest in South 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 6 regular apartments in South 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 South Olympia?
Cheap apartments in South Olympia have an average cost of $125 which is $3,250 cheaper than the average rent for all rentals in South Olympia.
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.