Cheap Apartments for Rent in the Walnut Park Neighborhood of Olympia, WA from $1,000 (31 Rentals)

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

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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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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Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
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Timbers West
1 to 2 Bedroom Apartments

Timbers West

1714 Evergreen Park Ct SWOlympia, WA 98502
  • Utilities Included

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.

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The Elks Apartments
Studio to 2 Bedroom Apartments

The Elks Apartments

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

Evergreen Villages

505 Division St NWOlympia, WA 98502
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Lakeridge Regency
1 to 2 Bedroom Apartments

Lakeridge Regency

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

Fern Ridge

1309 Fern St SWOlympia, WA 98502

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.

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Westman Mills
Studio to 3 Bedroom Apartments

Westman Mills

510 State Ave NEOlympia, WA 98501
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8Hundred West
1 to 3 Bedroom Apartments

8Hundred West

800 Alta St SWOlympia, WA 98502
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The Madrone
Studio to 2 Bedroom Apartments

The Madrone

120 Water St NWOlympia, WA 98501
Showing Results 1-31, 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 Studio unit found at Views on Fifth priced from $1,000. Stuart Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,076. Here are the most affordable Walnut Park apartments for rent in Olympia, WA:

Apartment ListingModel NameBed/BathPriced From
Views on Fifth0BR/1.0BAStudio,1BA$1,000
Stuart Places.4401BR,1BA$1,076
Cedar Pointe Apartments1 Bed / 1 Bath1BR,1BA$1,100
Cunningham Building0BR/1.0BAStudio,1BA$1,190
Crowne Pointe ApartmentsThe Saxon1BR,1BA$1,198
Brentwood Apartmentsone bedroom1BR,1BA$1,200
123-4thA9Studio,1BA$1,275
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,299
Sherwood Glen1X1 CLASSIC1BR,1BA$1,374
Evergreen Rock Maple ApartmentsTwo Bedroom (EG)2BR,1BA$1,399

Best Value Apartments for Rent in Walnut Park, WA

As of January 15, 2026 the best value apartment in the Walnut Park area is the $1.93 price per square foot 2bed 2bath townhome Model at Woodbury Crossing Apartments and Townhomes in the in the Wellington West neighborhood starting from $2,195. The second greatest value Walnut Park apartment is the 3 Beds, 2 baths Model at Evergreen Vista I & II Apartments starting at $1,629 with a $1.58 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.
Woodbury Crossing Apartments and Townhomes2bed 2bath townhome2BR,2BA$1.93
Evergreen Vista I & II Apartments3 Beds, 2 baths3BR,2BA$1.58
Heritage Park Apartments3 Bedroom3BR,1BA$1.60
WoodlandAlder1BR,1BA$1.95
Butler CoveOak Renovated2BR,1BA$2.22
Cambridge Court1 Bed 1 Bath A1BR,1BA$1.98
Abalon Pointe1 Bed 1 Bath1BR,1BA$1.92
Sherwood Glen1X1 CLASSIC1BR,1BA$1.80
Brentwood Apartmentsone bedroom1BR,1BA$1.94
Crowne Pointe ApartmentsThe Saxon1BR,1BA$1.96

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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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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Cash 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.

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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.

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Pet Friendly Lifestyle
Walnut Park, Olympia, WA

Ranked #28

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

Pet Friendliness Lifestyle Score

3.0
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 $1,399.

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 $2,395.

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 11 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 $139 which is $2,256 cheaper than the average rent for all rentals in Walnut Park.

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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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!