Cheap Apartments for Rent in the Walnut Park Neighborhood of Olympia, WA from $900 (29 Rentals)

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

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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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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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
  • Utilities Included

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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Timbers West
1 to 2 Bedroom Apartments

Timbers West

1714 Evergreen Park Ct SWOlympia, WA 98502
  • Utilities Included
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The Elks Apartments
Studio to 2 Bedroom Apartments

The Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
  • Utilities Included
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Evergreen Villages
1 to 4 Bedroom Apartments

Evergreen Villages

505 Division St NWOlympia, WA 98502
  • Utilities Included

The 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.

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Lakeridge Regency
1 to 2 Bedroom Apartments

Lakeridge Regency

2008 Evergreen Park Dr SWOlympia, WA 98502
  • Utilities Included
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Fern Ridge
1 to 3 Bedroom Apartments

Fern Ridge

1309 Fern St SWOlympia, WA 98502
Showing Results 1-29, Page 1 of 1

Walnut Park, Olympia, WA Local Guide

Cheapest Available Walnut Park Apartments for Rent

 

The cheapest available apartment rental in the Walnut Park area of Olympia, WA is a 1 Bed unit found at Stuart Place priced from $1,076. Heritage Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Walnut Park apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Stuart Places.4401BR,1BA$1,076
Heritage Park ApartmentsStudio- LargeStudio,1BA$1,175
Cunningham Building0BR/1.0BAStudio,1BA$1,190
Boardwalk Senior Affordable ApartmentsA51BR,1BA$1,199
Views on Fifth0BR/1.0BAStudio,1BA$1,250
The Malt House Apartment Homes0BR/1.0BAStudio,1BA$1,275
123-4thA9Studio,1BA$1,295
401 Union0BR/1.0BAStudio,1BA$1,400
WoodlandElm1BR,1BA$1,499

Best Value Apartments for Rent in Walnut Park, WA

As of September 29, 2025 the best value apartment in the Walnut Park area is the $1.77 price per square foot Two Bedroom Townhouse (RM) Model at Evergreen Rock Maple Apartments in the in the Goldcrest neighborhood starting from $2,119. The second greatest value Walnut Park apartment is the 2bed 2bath townhome Model at Woodbury Crossing Apartments and Townhomes starting at $2,195 with a $1.93 price per square foot in the Wellington West neighborhood. Here is today’s list of the best values for Walnut Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Evergreen Rock Maple ApartmentsTwo Bedroom Townhouse (RM)2BR,2BA$1.77
Woodbury Crossing Apartments and Townhomes2bed 2bath townhome2BR,2BA$1.93
Firwood ManorTraditional Model2BR,1BA$1.67
The GoatC12BR,2BA$2.27
Cambridge Court1 Bed 1 Bath B1BR,1BA$1.86
Little Tuscany Apartments & TownhomesSaluto B1BR,1BA$2.37
Capitol Crossing1x11BR,1BA$2.29
Black Lake ApartmentsTUMWATER1BR,1BA$2.17
WoodlandElm1BR,1BA$2.21
Stuart Places.4401BR,1BA$2.45

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Walnut Park, Olympia, WA

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Walnut Park, Olympia, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Walnut Park, Olympia, and the greater Olympia area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places that make kids happy, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Walnut Park Apartments

What is a cheap apartment in Walnut Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Park is under $1,499.

What is the price of a cheap apartment in Walnut Park?

The cheapest apartment in Walnut Park is Stuart Place which is listed at $1,076, while the average apartment in Walnut Park costs $2,048.

What types of apartments are the cheapest in Walnut Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Walnut Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Walnut Park?

Cheap apartments in Walnut Park have an average cost of $148 which is $1,900 cheaper than the average rent for all rentals in Walnut Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide article

Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.