
Cheap Homes for Rent in Walnut Park Neighborhood of Olympia, WA from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Walnut Park area of Olympia.


2010 Dickinson Ave NW
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.

2400 20th Ave NW

1821 Arbutus St NE
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.

1402 5th Ave SW
Walnut Park, Olympia, WA Local Guide

How much does it cost to rent a home in Walnut Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Park 2 Bedroom Homes for Rent | $2,087 | $1,675 | $2,500 |
| Walnut Park 3 Bedroom Homes for Rent | $2,665 | $2,600 | $2,795 |
| Walnut Park 4 Bedroom Homes for Rent | $3,075 | $3,075 | $3,075 |
| Walnut Park 5 Bedroom Homes for Rent | $3,155 | $3,155 | $3,155 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Studio unit found at Views on Fifth priced from $899. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Views on Fifth | 0BR/1.0BA | Studio,1BA | $899 |
| Stuart Place | s.440 | 1BR,1BA | $1,076 |
| Cedar Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Walnut Park, WA
As of February 03, 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 2X1 CLASSIC Model at Sherwood Glen starting at $1,699 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodbury Crossing Apartments and Townhomes | 2bed 2bath townhome | 2BR,2BA | $1.93 |
| Sherwood Glen | 2X1 CLASSIC | 2BR,1BA | $1.93 |
| Woodland | Alder | 1BR,1BA | $1.97 |
| The Goat | C1 | 2BR,2BA | $2.27 |
| Cambridge Court | 1 Bed 1 Bath B | 1BR,1BA | $1.74 |
| Olympic Heights | 2x1G Falcon Renovated | 2BR,1BA | $2.29 |
| Crowne Pointe Apartments | The Shire | 2BR,1BA | $1.68 |
| Abalon Pointe | 1 Bed 1 Bath | 1BR,1BA | $1.92 |
| Heritage Park Apartments | 2 Bedroom | 2BR,1BA | $2.04 |
| Brentwood Apartments | one bedroom | 1BR,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 ArticleThe 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.
Read ArticleCash 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 ArticleQuick 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 #26
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Walnut Park, Olympia, WA
School data provided by Great Schools
Frequently Asked Questions about Walnut Park
What type of rentals are currently available in Walnut Park?
There are currently 93 Apartments for Rent in Walnut Park, WA with pricing that ranges from $899 to $4,990. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Park ranging from $1,675 to $3,155.
What is the current price range for Rental Homes in Walnut Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut Park ranges from $1,675 to $3,155 with an average monthly rent of $2,766.
How much are larger Three and Four Bedroom Rentals in Walnut Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Walnut Park range from $1,629 to $3,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $2,795. Four Bedroom Single-Family rentals are also available starting from $3,075 and Four Bedroom Apartments start at $2,345.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.

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.