
Cheap Apartments for Rent in Yelm, WA from $900 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Yelm.


304 Longmire St SE

Ridgeline Apartments

Tustin Apartment Homes

Total Monthly Price
Wyndstone Apartments

Tahoma Terrace Apartments

15325-15327 Berry Valley Rd SE

Yelm Creek Apartments

314 Washington Ave
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.

15308-15310 Berry Valley Rd SE

Nisqually Landing Apartments

16241-16243 Curry Ct SE

The Timbers Apartments

Hawks Prairie Apartments

Lacey Park Apartments

Carpenter Crest

The Hub at 629

The Madison
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.

Total Monthly Price
Britton Place

Lakeview Village

Total Monthly Price
Smyth

Wilderness West Apartments

The Marq on Martin Apartments

Total Monthly Price
Callen

Firwood Grove

Toscana Apartment Homes

Abbey Rowe Apartments
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.

Martingale Apartments

Pacific Place Apartments

Sunset Gardens

The Vicara Apartments & Townhomes

Chambers Crest

Crescent Point

The Lodge

The Tilden

Karlo Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Dakota

Creekside Village

Affinity at Lacey 55+

Emerald Greens

15108 Washington Ave SW

Tanglewood Apartments

Meadowscape

5307 Rehklau Rd SE

Regency Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

9734 62nd Ave SE

Olympus Court Apartments

1925 C Garry Oaks Ave
Yelm, WA Local Guide

How much does it cost to rent an apartment in Yelm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Yelm Studio Apartments | $1,635 | $1,400 | $1,895 |
| Cheap Yelm 1 Bedroom Apartments | $1,745 | $989 | $2,563 |
| Cheap Yelm 2 Bedroom Apartments | $2,117 | $1,455 | $3,570 |
| Cheap Yelm 3 Bedroom Apartments | $2,944 | $1,533 | $3,600 |
| Cheap Yelm 4 Bedroom Apartments | $3,045 | $3,045 | $3,045 |
Browse Top Apartments in Yelm
See all Apartments in YelmExplore Yelm
Yelm, WA Local Guide
- Yelm Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Yelm, WA
Pricing Updated: 04/22/2026Current apartment rentals in the Yelm, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Yelm Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Tahoma Meadow | $2,095 | $989 | 26 |
Cheapest Available Yelm Apartments for Rent
 The cheapest available apartment rental in Yelm, WA is a 1 Bed unit found at The Timbers Apartments in the Avonlea neighborhood priced from $1,315. Lacey Park Apartments in the Avonlea neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Yelm apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,315 |
| Lacey Park Apartments | Studio | Studio,1BA | $1,400 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,400 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 |
| Britton Place | PLAN A - STUDIO | Studio,1BA | $1,486 |
| Lakeview Village | Studio | Studio,1BA | $1,499 |
| Smyth | 3x2 | 3BR,2BA | $1,533 |
| The Marq on Martin Apartments | S1 | Studio,1BA | $1,555 |
| The Madison | Adams | 1BR,1BA | $1,585 |
| Capitol City Apartments | 1 x 1 | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Yelm, WA
As of April 22, 2026 the best value apartment in the Yelm area is the $1.57 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,495. The second greatest value Yelm apartment is the 3BR/2.5BA Model at Leah's Landing starting at $2,699 with a $1.80 price per square foot in the Tahoma Meadow neighborhood. Here is today’s list of the best values for Yelm apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chambers Reserve Townhomes | 3 Bd / 3 Ba + 1-Car Garage | 3BR,3BA | $1.57 |
| Leah's Landing | 3BR/2.5BA | 3BR,2.5BA | $1.80 |
| Wyndstone Apartments | B2 | 2BR,2BA | $1.76 |
| Crescent Point | 2x2 | 2BR,2BA | $1.73 |
| Callen | 2x2 TMR 1060 | 2BR,2BA | $1.82 |
| Abbey Rowe Apartments | York | 2BR,1BA | $1.88 |
| Wilderness West Apartments | 2B 1.5B | 2BR,1.5BA | $1.81 |
| Pacific Place Apartments | one bedroom w/ den | 1BR,1BA | $1.75 |
| Regency Apartments | 1B 1B | 1BR,1BA | $1.75 |
| The Madison | Adams | 1BR,1BA | $1.80 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Best Local Schools in Yelm, WA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Yelm, WA Rentals by Map
See the most popular apartments and homes in Yelm, WA
Frequently Asked Questions about Cheap Yelm Apartments
What is the Cheapest Studio apartment in Yelm?
Currently the most affordable Cheap Studio Apartment in Yelm is at Lacey Park Apartments listed at $1,400.
How much is rent for a Cheap One Bedroom Yelm Apartment?
The lowest price for a Cheap One Bedroom Yelm Apartment is $1,315 at The Timbers Apartments.
What is the lowest price for a Cheap Two Bedroom Yelm Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Yelm is starting from $1,455 at The Timbers Apartments.
What is the most affordable Yelm Three Bedroom Apartment?
The best deal on a cheap Yelm Three Bedroom Apartment rental is at Smyth and starts from $1,533.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.