
Cheap Apartments for Rent in the Walnut Park Neighborhood of Olympia, WA from $900 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Park area of Olympia.


Boardwalk Senior Affordable Apartments

Heritage Park Apartments

Crowne Pointe Apartments
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.

The Malt House Apartment Homes

Westman Mills

Evergreen Rock Maple Apartments

515 Foote St SW, Unit #2
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Capitol Crossing

Abalon Pointe Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

204 4th Ave W
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Walnut Park, Olympia, WA Local Guide

How much does it cost to rent an apartment in Walnut Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Walnut Park Studio Apartments | $1,283 | $1,100 | $1,730 |
Walnut Park 1 Bedroom Apartments | $1,479 | $1,040 | $2,237 |
Walnut Park 2 Bedroom Apartments | $1,884 | $1,356 | $2,835 |
Walnut Park 3 Bedroom Apartments | $2,210 | $1,646 | $2,950 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Walnut Park Neighborhood of Olympia, WA.
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Walnut Park, Olympia, WA Local Guide
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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. 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 Walnut Park apartments for rent in Olympia, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stuart Place | s.440 | 1BR,1BA | $1,076 |
Boardwalk Senior Affordable Apartments | A1 | 1BR,1BA | $1,099 |
Heritage Park Apartments | Studio | Studio,1BA | $1,100 |
Market Flats | Studio | Studio,1BA | $1,200 |
The Malt House Apartment Homes | 0BR/1.0BA | Studio,1BA | $1,225 |
Westman Mills | Studio | Studio,1BA | $1,250 |
The Lurana | 0BR/1.0BA | Studio,1BA | $1,300 |
Evergreen Rock Maple Apartments | One Bedroom (RM) | 1BR,1BA | $1,375 |
Firwood Manor | Traditional Model | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Walnut Park, WA
As of July 12, 2025 the best value apartment in the Walnut Park area is the $1.61 price per square foot Conifer Model at Woodland in the in the Wellington West neighborhood starting from $1,902. The second greatest value Walnut Park apartment is the 2 Bed 2 Bath B Model at Cambridge Court starting at $1,799 with a $1.66 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Woodland | Conifer | 2BR,2BA | $1.61 |
Cambridge Court | 2 Bed 2 Bath B | 2BR,2BA | $1.66 |
Little Tuscany Apartments & Townhomes | Con Amore C | 2BR,2BA | $2.18 |
Firwood Manor | Traditional Model | 2BR,1BA | $1.41 |
Abalon Pointe Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
Capitol Crossing | 2x2 | 2BR,2BA | $2.10 |
The Goat | C1 | 2BR,2BA | $2.27 |
Evergreen Rock Maple Apartments | Two Bedroom (EG) | 2BR,1BA | $2.08 |
Stuart Place | s.440 | 1BR,1BA | $2.45 |
Boardwalk Senior Affordable Apartments | A1 | 1BR,1BA | $2.55 |
Quick 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.
Pet Friendly LifestyleWalnut Park, Olympia, WA
Ranked #24
Among neighborhoods in Olympia, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,395.
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 $2,325.
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 7 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 $245 which is $2,080 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.