
Cheap Homes for Rent in South Olympia Neighborhood of Olympia, WA from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the South Olympia area of Olympia.


4811 Rural Rd SW

2633 Wilderness Dr SE
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.

2219 Bush Ave NW

5801 13th Ave SE

4510 13th Ave SE
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.

721 Adams St SE
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 | $2,101 | $1,495 | $2,700 |
| South Olympia 3 Bedroom Homes for Rent | $2,711 | $2,225 | $3,200 |
| South Olympia 4 Bedroom Homes for Rent | $3,023 | $2,400 | $3,400 |
| South Olympia 5 Bedroom Homes for Rent | $3,250 | $3,155 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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. Cedar Pointe 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 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| 123-4th | A6 West | Studio,1BA | $1,185 |
Best Value Apartments for Rent in South Olympia, WA
As of March 12, 2026 the best value apartment in the South Olympia area is the $1.57 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,495. 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 Wellington West 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 | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.57 |
| Forest Park Townhomes | 3 Beds / 2.5 Baths | 3BR,2.5BA | $1.64 |
| Olympia Townhouses 325 Pattison | 2BR/1.5BA | 2BR,1.5BA | $1.37 |
| Copper Trail | Three Bedroom Two Bath | 3BR,2BA | $1.53 |
| The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.67 |
| Lansdale Pointe Apartments | The Ridgewood | 3BR,2BA | $1.70 |
| Overlander | Explorer | 2BR,1BA | $1.77 |
| Tribeca | Unit B | 2BR,1BA | $1.81 |
| Cambridge Court | 1 Bed 1 Bath B | 1BR,1BA | $1.74 |
| Crowne Pointe Apartments | The Shire | 2BR,1BA | $1.68 |
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.
Best Local Schools in South Olympia, Olympia, WA
George Washington Bush Middle School
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 $1,100 to $4,990. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Olympia ranging from $1,100 to $3,500.
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 $1,100 to $3,500 with an average monthly rent of $2,391.
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 $2,225 to $3,200. 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.