Cheap Apartments for Rent in the South Olympia Neighborhood of Olympia, WA from $600 (132 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Olympia area of Olympia.

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.

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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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property at 1609 7th Ave SE

$1,547

Total Monthly Price

Total Monthly Price

Base Rent
$1,547
Total Monthly Price
$1,547

Studio, 1 Bath Home for Rent

Available Now

1609 7th Ave SE, Unit B

1609 7th Ave SE
OlympiaWA98501
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Smyth
Rent Specials
$1,569 - $2,766
Total Monthly Price

Total Monthly Price

Base Rent
$1,569 - $2,766
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Smyth

3425 Polo Club Ln SEOlympia, WA 98501
Eco-Friendly
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  • Customer Reviewed
  • 3D Tour

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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The Goat
Rent Specials
$1,697 - $2,472
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Total Monthly Price

Base Rent
$1,697 - $2,472
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1 to 3 Bedroom Apartments Available Now

The Goat

3311 6th Ave SWOlympia, WA 98502
Affordability
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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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Briggs Village
Rent Specials
$1,710 - $3,850
Total Monthly Price

Total Monthly Price

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$1,710 - $3,850
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1 to 3 Bedroom Apartments Available Now

Briggs Village

4225 Briggs Dr SEOlympia, WA 98501
Luxury
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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South Olympia, Olympia, WA Local Guide

Cheapest Available South Olympia Apartments for Rent

 

The cheapest available apartment rental in the South Olympia area of Olympia, WA is a Studio unit found at The Cunningham Apartments priced from $1,025. Boardwalk Senior Affordable Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable South Olympia apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
The Cunningham Apartments0BR/1.0BAStudio,1BA$1,025
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,099
Brentwood 509 Apartments1 BR/ 1 BA1BR,1BA$1,100
Stuart Place1.6451BR,1BA$1,153
Westwater VillageThe DeschutesStudio,1BA$1,187
Dawcrest Apartments1BR / 1 BA1BR,1BA$1,200
Brentwood Apartmentsone bedroom1BR,1BA$1,200
Heritage Park Apartments1 Bedroom1BR,1BA$1,200
123-4th ApartmentsA5Studio,1BA$1,205
Alpine VillageStandard StudioStudio,1BA$1,250

Best Value Apartments for Rent in South Olympia, WA

As of June 11, 2026 the best value apartment in the South Olympia area is the $1.67 price per square foot 3 Bed 2.5 Bath Townhome Model at Parkside Executive Townhomes at Briggs in the in the Wellington West neighborhood starting from $2,845. The second greatest value South Olympia apartment is the 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes starting at $2,545 with a $1.60 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside Executive Townhomes at Briggs3 Bed 2.5 Bath Townhome3BR,2.5BA$1.67
Chambers Reserve Townhomes3 Bd / 3 Ba + 1-Car Garage3BR,3BA$1.60
Copper Leaf Residences1BR/1.0BA1BR,1BA$1.68
Breckenridge ApartmentsWestbury2BR,2BA$1.67
Breckenridge HeightsCoventry2BR,2BA$1.50
Firwood Grove2BR/2.0BA2BR,2BA$1.69
Lansdale Pointe ApartmentsThe Meadow2BR,2BA$1.63
Forest Grove ApartmentsCascade2BR,2BA$1.67
Copper TrailRainier2BR,1BA$1.74
Dawcrest Apartments1BR / 1 BA1BR,1BA$1.71

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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Real 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.

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Best Local Schools in
South Olympia, Olympia, WA

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 The Cunningham Apartments listed at $1,025.

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

The lowest price for a Cheap One Bedroom South Olympia Apartment is $1,099 at Boardwalk Senior Affordable Apartments.

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 Abbey West Apartments and starts from $1,900.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.