Cheap Homes for Rent in Springwood Neighborhood of Olympia, WA from $1,200 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Springwood area of Olympia.

property at 302 Fir St NE

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

Studio, 1 Bath Home for Rent

Available Jul 1

302 Fir St NE

OlympiaWA98506

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.

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

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.

Springwood, Olympia, WA Local Guide

Best Value Apartments for Rent in Springwood, WA

As of June 06, 2026 the best value apartment in the Springwood area is the $1.37 price per square foot 2BR/1.5BA Model at Updated Townhouse Style Apartments in the in the Lexington neighborhood starting from $1,565. The second greatest value Springwood apartment is the The Meadow Model at Lansdale Pointe Apartments starting at $1,561 with a $1.63 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Springwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Updated Townhouse Style Apartments2BR/1.5BA2BR,1.5BA$1.37
Lansdale Pointe ApartmentsThe Meadow2BR,2BA$1.63
Talisman289 2X1 T2BR,1BA$2.01
Ensign I & II204 2x1 renovated2BR,1BA$2.07
6Wood Flats1x1 B1BR,1BA$2.19
The AbbeyThree Bedroom 1 Bath3BR,1BA$2.38
Landis Pointe1X11BR,1BA$2.23
Trailside340 1X1 T1BR,1BA$2.25
The Elowen1x1 C1BR,1BA$2.65
Stateside Flats1 Bed M1BR,1BA$2.51

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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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Springwood, Olympia, WA

Ranked #36

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Springwood

What type of rentals are currently available in Springwood?

There are currently 59 Apartments for Rent in Springwood, WA with pricing that ranges from $1,375 to $2,620. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springwood ranging from $1,275 to $3,100.

What is the current price range for Rental Homes in Springwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Springwood ranges from $1,275 to $3,100 with an average monthly rent of $2,361.

How much are larger Three and Four Bedroom Rentals in Springwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Springwood range from $1,806 to $2,620, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $2,895. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,011.

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

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.