
Cheap Homes for Rent in Walnut Park Neighborhood of Olympia, WA from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Walnut Park area of Olympia.


717 Adams St SE
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.

702 4th Ave E

2400 20th 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.

125 Decatur St NW
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 | $2,111 | $1,900 | $2,450 |
| Walnut Park 3 Bedroom Homes for Rent | $2,663 | $2,399 | $2,945 |
| Walnut Park 4 Bedroom Homes for Rent | $3,080 | $3,080 | $3,080 |
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 Cunningham Building 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cunningham Building | 0BR/1.0BA | Studio,1BA | $1,025 |
| Boardwalk Senior Affordable Apartments | A4 | 1BR,1BA | $1,099 |
| Brentwood 509 Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Walnut Park, WA
As of June 21, 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 Birch Model at Woodland starting at $1,760 with a $1.95 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 |
| Woodland | Birch | 1BR,1BA | $1.95 |
| The Goat | C1 | 2BR,2BA | $2.18 |
| Cambridge Court | 1 Bed 1 Bath B | 1BR,1BA | $1.90 |
| Crowne Pointe Apartments | The Shire | 2BR,1BA | $1.77 |
| Abalon Pointe | 1x1 | 1BR,1BA | $1.92 |
| Dawcrest Apartments | 1BR / 1 BA | 1BR,1BA | $1.71 |
| Heritage Park Apartments | 1 Bedroom | 1BR,1BA | $2.04 |
| Stuart Place | 1.621 | 1BR,1BA | $1.86 |
| 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 ArticleReal 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 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 96 Apartments for Rent in Walnut Park, WA with pricing that ranges from $1,100 to $5,150. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Park ranging from $1,100 to $3,080.
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 $1,100 to $3,080 with an average monthly rent of $2,269.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

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.