Cheap Apartments for Rent in Rainier, WA from $1,200 (45 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
$1,579 - $2,167
Total Monthly Price

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$1,579 - $2,167
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Studio to 2 Bedroom Apartments Available Now

The Marq on Martin

8515 Litt Dr SELacey, WA 98516
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Smyth
Rent Specials
$1,619 - $2,766
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$1,619 - $2,766
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1 to 3 Bedroom Apartments Available Now

Smyth

3425 Polo Club Ln SEOlympia, WA 98501
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Callen
Rent Specials
$1,649 - $2,278
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$1,649 - $2,278
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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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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Wyndstone Apartments
Rent Specials
$1,700 - $2,375
Total Monthly Price

Total Monthly Price

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$1,700 - $2,375
Total Monthly Price
$1,700 - $2,375
1 to 3 Bedroom Apartments Available Now

Wyndstone Apartments

15025 Tahoma Blvd SEYelm, WA 98597
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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
Rent Specials
$1,855 - $2,154
Total Monthly Price

Total Monthly Price

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$1,855 - $2,154
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1 to 2 Bedroom Apartments Available Now

The Dakota

6205 Pacific Ave SELacey, WA 98503
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Tanglewood Apartments
Studio to 2 Bedroom Apartments

Tanglewood Apartments

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

Regency Apartments

1255 McDaniel Ln SELacey, 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

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 1-45, 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 1 Bed unit found at The Timbers Apartments in the Avonlea neighborhood priced from $1,295. Silver Leaf Residences - A 55+ Community in the Wellington West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,306. Here is today’s list of the most affordable Rainier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers Apartments1 Bedroom1BR,1BA$1,295
Silver Leaf Residences - A 55+ CommunityStudioStudio,1BA$1,306
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR,1BA$1,420
Lacey Park ApartmentsStudioStudio,1BA$1,450
Ridgeline Apartments1 Bedroom1BR,1BA$1,558
Trailside340 1X1 T1BR,1BA$1,575
The Marq on MartinS1Studio,1BA$1,579
Martingale ApartmentsStudio S1Studio,1BA$1,591
Lakeview VillageStudioStudio,1BA$1,599

Best Value Apartments for Rent in Rainier, WA and Nearby

As of July 23, 2026 the best value apartment in the Rainier area is the $1.58 price per square foot 3x2 Town House (Shorter Garage) Model at The Vicara Apartments & Townhomes in the in the Avonlea neighborhood starting from $2,925. The second greatest value Rainier apartment is the 2BR/2.0BA Model at Copper Leaf Residences starting at $1,940 with a $1.76 price per square foot in the Wellington West 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.
The Vicara Apartments & Townhomes3x2 Town House (Shorter Garage)3BR,2BA$1.58
Copper Leaf Residences2BR/2.0BA2BR,2BA$1.76
Capitol City Apartments2 x 12BR,1BA$1.79
Tustin Apartment Homes2 Bed 1 Bath2BR,1BA$1.68
Regency Apartments1B 1B1BR,1BA$1.75
Wilderness West Apartments2B 1.5B LTH2BR,1.5BA$2.00
Smyth2x12BR,1BA$2.08
Chambers Crest2x22BR,2BA$2.05
The MadisonAdams1BR,1BA$2.01
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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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!

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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 - A 55+ Community 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 $1,295 at The Timbers 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 $1,558 at Silver Leaf Residences - A 55+ Community.

What is the most affordable Rainier Three Bedroom Apartment?

The best deal on a cheap Rainier Three Bedroom Apartment rental is at Ridgeline Apartments and starts from $1,920.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.