Cheap Apartments for Rent near Rainier, WA from $1,279 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Rainier.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Marq on Martin
Rent Specials
$1,543 - $2,214

Total Monthly Price

Base Rent$1,543 - $2,214
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Marq on Martin

8515 Litt Dr SELacey, WA 98516
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Callen
Rent Specials
$1,585 - $2,292

Total Monthly Price

Base Rent$1,585 - $2,292
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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Wyndstone Apartments
Rent Specials
$1,595 - $2,275

Total Monthly Price

Base Rent$1,595 - $2,275
Total Monthly Price$1,595 - $2,275
1 to 3 Bedroom Apartments Available Now

Wyndstone Apartments

15025 Tahoma Blvd SEYelm, WA 98597
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Smyth
$1,667 - $2,766

Total Monthly Price

Base Rent$1,667 - $2,766
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Smyth

3425 Polo Club Ln SEOlympia, WA 98501
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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.

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The Dakota
$1,918 - $2,133

Total Monthly Price

Base Rent$1,918 - $2,133
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

The Dakota

6205 Pacific Ave SELacey, WA 98503
Corporate Housing
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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.

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Tanglewood Apartments
Studio to 2 Bedroom Apartments

Tanglewood Apartments

7817-7831 Samurai Dr SEOlympia, WA 98503
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Meadowscape
Studio to 2 Bedroom Apartments

Meadowscape

7641 3rd Way SELacey, WA 98503
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The Lodge
Studio to 3 Bedroom Apartments

The Lodge

456 Carpenter Rd SELacey, WA 98503
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Regency Apartments
Studio to 2 Bedroom Apartments

Regency Apartments

1255 McDaniel Ln SELacey, WA 98503
Corporate Housing

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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Showing Results 1-43, Page 1 of 1

Rainier, WA Local Guide

Cheapest Available Rainier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rainier, WA is a Studio unit found at Silver Leaf Residences 1 in the Wellington West neighborhood priced from $1,306. Capitol Club Apartments in the Lexington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,315. Here is today’s list of the most affordable Rainier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Silver Leaf Residences 1StudioStudio,1BA$1,306
Capitol Club ApartmentsOne Bedroom1BR,1BA$1,315
The Timbers Apartments1 Bedroom1BR,1BA$1,315
Lacey Park ApartmentsStudioStudio,1BA$1,400
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR,1BA$1,420
Martingale ApartmentsStudio S1Studio,1BA$1,502
Copper TrailSpruce A2BR,1BA$1,514
The Marq on MartinS1Studio,1BA$1,543
Ridgeline Apartments1 Bedroom1BR,1BA$1,558

Best Value Apartments for Rent in Rainier, WA and Nearby

As of September 06, 2026 the best value apartment in the Rainier area is the $1.88 price per square foot Georgia Model at Ward Lake Apartments in the in the Wellington West neighborhood starting from $2,345. The second greatest value Rainier apartment is the two bedroom Model at Pacific Place Apartments starting at $2,200 with a $1.87 price per square foot in the Lexington neighborhood. Here is today’s list of the best values for Rainier apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ward Lake ApartmentsGeorgia3BR,2BA$1.88
Pacific Place Apartmentstwo bedroom2BR,1BA$1.87
Nisqually Landing ApartmentsD13BR,2BA$1.93
Meadowscape2x2 - D12BR,2BA$1.95
The Dakota2 Bed 2 Baths2BR,2BA$1.75
Copper TrailSpruce A2BR,1BA$1.62
Chambers Crest2x22BR,2BA$1.83
The MadisonAdams1BR,1BA$2.13
Wyndstone ApartmentsA11BR,1BA$2.02
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$2.00

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Rainier, WA Rentals by Map

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Frequently Asked Questions about Cheap Rainier Apartments

What is the Cheapest Studio apartment in Rainier?

Currently the most affordable Cheap Studio Apartment in Rainier is at Silver Leaf Residences 1 listed at $1,306.

How much is rent for a Cheap One Bedroom Rainier Apartment?

The lowest price for a Cheap One Bedroom Rainier Apartment is $1,315 at Capitol Club Apartments.

What is the lowest price for a Cheap Two Bedroom Rainier Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rainier is starting from $1,514 at Copper Trail.

What is the most affordable Rainier Three Bedroom Apartment?

The best deal on a cheap Rainier Three Bedroom Apartment rental is at Copper Trail and starts from $1,754.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.