4811 Rural Rd SW
TumwaterWA98512
Cheap Homes for Rent in South Olympia Neighborhood of Olympia, WA from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the South Olympia area of Olympia.
2633 Wilderness Dr SE
OlympiaWA98501
520 17th Ave SE, Unit Basement, Unit Basement
520 17th Ave SE
OlympiaWA98501
615 Division St NW
OlympiaWA98502
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.
1609 16th Ct SE
LaceyWA98503
429 Thomas St NW
OlympiaWA98502
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$1,8902 Bedroom Apartments Available Now
2400 20th Ave NW
2400 20th Ave NWOlympia, WA 98502
935 College Ln NE
LaceyWA98516
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.
2727 Maytown Rd SW
OlympiaWA98512
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South Olympia, Olympia, WA Local Guide
How much does it cost to rent a home in South Olympia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Olympia 2 Bedroom Homes for Rent | $2,092 | $1,495 | $2,400 |
| South Olympia 3 Bedroom Homes for Rent | $2,742 | $1,895 | $3,100 |
| South Olympia 4 Bedroom Homes for Rent | $3,064 | $2,400 | $3,975 |
| South Olympia 5 Bedroom Homes for Rent | $3,292 | $3,100 | $3,550 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the South Olympia Neighborhood of Olympia, WA.
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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 |
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 Article
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 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.
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Best Local Schools in South Olympia, Olympia, WA
George Washington Bush Middle School
Tumwater School District
Public School - Grades 6-8 (747)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about South Olympia
What type of rentals are currently available in South Olympia?
There are currently 265 Apartments for Rent in South Olympia, WA with pricing that ranges from $999 to $5,150. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Olympia ranging from $1,470 to $3,975.
What is the current price range for Rental Homes in South Olympia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Olympia ranges from $1,470 to $3,975 with an average monthly rent of $2,585.
How much are larger Three and Four Bedroom Rentals in South Olympia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Olympia range from $1,629 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,905.
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.