Cheap Apartments for Rent in the Walnut Park Neighborhood of Olympia, WA from $1,000 (55 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
The Goat
Rent Specials
$1,697 - $2,472
Total Monthly Price

Total Monthly Price

Base Rent
$1,697 - $2,472
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Goat

3311 6th Ave SWOlympia, WA 98502
Affordability
  • Verified

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.

Read Article
close
View Me
Capitol Terrace
Studio to 2 Bedroom Apartments

Capitol Terrace

1517 Capitol Way SOlympia, WA 98501
  • Utilities Included
close
View Me
Timbers West
1 to 2 Bedroom Apartments

Timbers West

1714 Evergreen Park Ct SWOlympia, WA 98502
  • Utilities Included
close
View Me
Evergreen Villages
1 to 4 Bedroom Apartments

Evergreen Villages

505 Division St NWOlympia, WA 98502
  • 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.

Read Article
close
View Me
Elks Apartments
Studio to 2 Bedroom Apartments

Elks Apartments

609-613 Capitol Way SOlympia, WA 98501
close
View Me
The Ridge Apartments
1 to 2 Bedroom Apartments

The Ridge Apartments

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

Fern Ridge

1309 Fern St SWOlympia, WA 98502
close
View Me
The Madrone
Studio to 2 Bedroom Apartments

The Madrone

120 Water St NWOlympia, WA 98501
close
View Me
Firwood Manor
Studio to 2 Bedroom Apartments

Firwood Manor

1400 Evergreen Park Dr SWOlympia, WA 98502
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 2

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 The Cunningham Apartments priced from $1,025. 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 ListingModel NameBed/BathPriced From
The Cunningham Apartments0BR/1.0BAStudio,1BA$1,025
Boardwalk Senior Affordable ApartmentsA41BR,1BA$1,099
Brentwood 509 Apartments1 BR/ 1 BA1BR,1BA$1,100
Stuart Place1.6451BR,1BA$1,153
Heritage Park Apartments1 Bedroom1BR,1BA$1,200
Dawcrest Apartments1BR / 1 BA1BR,1BA$1,200
Brentwood Apartmentsone bedroom1BR,1BA$1,200
123-4th ApartmentsA5Studio,1BA$1,205
Market FlatsStudioStudio,1BA$1,250
The Malt House Apartment Homes0BR/1.0BAStudio,1BA$1,275

Best Value Apartments for Rent in Walnut Park, WA

As of June 11, 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 2 Bed 2 Bath Model at 8Hundred West Apartments starting at $1,925 with a $1.88 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
8Hundred West Apartments2 Bed 2 Bath2BR,2BA$1.88
WoodlandAlder1BR,1BA$2.17
Crowne Pointe ApartmentsThe Shire2BR,1BA$1.77
Abalon Pointe1x11BR,1BA$1.92
Dawcrest Apartments1BR / 1 BA1BR,1BA$1.71
Heritage Park Apartments1 Bedroom1BR,1BA$1.85
Capitol House ApartmentsUnit #1021BR,1BA$2.04
Stuart Place1.6211BR,1BA$1.86
Brentwood Apartmentsone bedroom1BR,1BA$1.94

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Walnut Park, Olympia, WA

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,275.

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

The cheapest apartment in Walnut Park is Boardwalk Senior Affordable Apartments which is listed at $1,099, while the average apartment in Walnut Park costs $2,262.

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 $138 which is $2,124 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.