
Cheap Apartments for Rent in the South Olympia Neighborhood of Olympia, WA from $600 (131 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Olympia area of Olympia.


Stuart Place

Brentwood 509 Apartments

Cedar Pointe Apartments

Westwater Village

Crowne Pointe Apartments

Boardwalk Senior Affordable Apartments

Dawcrest Apartments

Brentwood Apartments

123-4th
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.

Heritage Park Apartments

Westman Mills

119 20th Ave SE

Market Flats

The Malt House Apartment Homes

Capitol House Apartments

401 Union

Stateside Flats

Copper Trail

Hearthstone Place
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.

Capitol Steps

Lansdale Pointe Apartments

Woodland

1122 Neil St NE

Bellwether Apartments

Views on Fifth

Sherwood Glen

Cambridge Court

Abalon Pointe

Tribeca
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.

Olympic Heights

Black Lake Apartments

Silver Leaf Residences - A 55+ Community

Ensign I & II

The Huntington Apartments

520 17th Ave SE, Unit Basement, Unit Basement

Total Monthly Price
Little Tuscany Apartments & Townhomes

Crescent Point

Ward Lake Apartments

The Easterly Apartment Homes
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.

Landis Pointe

Pacific Place Apartments

615 Division St NW

429 Thomas St NW

Total Monthly Price
Smyth

Butler Cove

The Vicara Apartments & Townhomes

Total Monthly Price
Briggs Village

Talisman

Total Monthly Price
The Goat
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.
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 | $1,462 | $999 | $2,664 |
| South Olympia 1 Bedroom Apartments | $1,691 | $1,100 | $3,399 |
| South Olympia 2 Bedroom Apartments | $2,063 | $1,300 | $5,150 |
| South Olympia 3 Bedroom Apartments | $2,715 | $1,629 | $3,600 |
| South Olympia 4 Bedroom Apartments | $2,637 | $1,905 | $3,299 |
Browse Apartments in this Neighborhood
There are currently 131 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. Brentwood 509 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. 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 |
| Brentwood 509 Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,100 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| Westwater Village | The Deschutes | Studio,1BA | $1,151 |
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,190 |
| Boardwalk Senior Affordable Apartments | A4 | 1BR,1BA | $1,199 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1,200 |
| Brentwood Apartments | one bedroom | 1BR,1BA | $1,200 |
| 123-4th | A5 | Studio,1BA | $1,205 |
| Capital Park | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in South Olympia, WA
As of April 27, 2026 the best value apartment in the South Olympia area is the $1.61 price per square foot Townhome Model at Copper Leaf Residences in the in the Wellington West neighborhood starting from $2,750. The second greatest value South Olympia apartment is the 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes starting at $2,495 with a $1.57 price per square foot in the Avonlea 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. |
|---|---|---|---|
| Copper Leaf Residences | Townhome | 3BR,2.5BA | $1.61 |
| Chambers Reserve Townhomes | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.57 |
| Copper Trail | Three Bedroom Two Bath | 3BR,2BA | $1.53 |
| Pacific Place Apartments | one bedroom w/ den | 1BR,1BA | $1.75 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| 6111 Glen Mary Ln SE, Unit D | 6111 Glen Mary Ln SE | 2BR,1BA | $1.60 |
| Regency Apartments | 1B 1B | 1BR,1BA | $1.75 |
| Cambridge Court | 1 Bed 1 Bath B | 1BR,1BA | $1.74 |
| Capitol City Apartments | 1 x 1 | 1BR,1BA | $1.78 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1.71 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 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.
Frequently Asked Questions about Cheap South Olympia Apartments
What is the Cheapest Studio apartment in South Olympia?
Currently the most affordable Cheap Studio Apartment in South Olympia is at Westwater Village listed at $1,151.
How much is rent for a Cheap One Bedroom South Olympia Apartment?
The lowest price for a Cheap One Bedroom South Olympia Apartment is $1,076 at Stuart Place.
What is the lowest price for a Cheap Two Bedroom South Olympia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Olympia is starting from $1,300 at Brentwood 509 Apartments.
What is the most affordable South Olympia Three Bedroom Apartment?
The best deal on a cheap South Olympia Three Bedroom Apartment rental is at Copper Trail and starts from $1,685.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.