Cheap Apartments for Rent in Yelm, WA from $1,200 (40 Rentals)

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

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Yelm Creek Apartments
1 to 2 Bedroom Apartments

Yelm Creek Apartments

16516 Creek Ln SEYelm, WA 98597
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314 Washington Ave
2 Bedroom Apartments

314 Washington Ave

314 Washington Ave SWYelm, WA 98597
  • Utilities Included

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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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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Callen
Rent Specials
$1,579 - $2,248
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Total Monthly Price

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$1,579 - $2,248
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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Britton Place
Rent Specials
$1,603 - $3,113
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$1,603 - $3,113
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Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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Smyth
Rent Specials
$1,720 - $2,766
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$1,720 - $2,766
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1 to 3 Bedroom Apartments Available Now

Smyth

3425 Polo Club Ln SEOlympia, WA 98501
Eco-Friendly
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Cash 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.

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The Dakota
$1,843 - $2,108
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$1,843 - $2,108
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1 to 2 Bedroom Apartments Available Now

The Dakota

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

Tanglewood Apartments

7817-7831 Samurai Dr SEOlympia, WA 98503
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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.

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Regency Apartments
Studio to 2 Bedroom Apartments

Regency Apartments

1255 McDaniel Ln SELacey, WA 98503
Corporate Housing
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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

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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Showing Results 1-40, Page 1 of 1

Yelm, WA Local Guide

Cheapest Neighborhoods for Apartments in Yelm, WA

Pricing Updated: 06/07/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Tahoma Meadow$2,095$1,61522

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 $1,295. Lacey Park Apartments in the Avonlea neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Yelm apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers Apartments1 Bedroom1BR,1BA$1,295
Lacey Park ApartmentsStudio1BR,1BA$1,400
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR,1BA$1,420
629 Apartments629a2Studio,1BA$1,499
Wilderness West Apartments1B 1B1BR,1BA$1,500
Ridgeline Apartments1 Bedroom1BR,1BA$1,558
The Marq on MartinS1Studio,1BA$1,573
Firwood Grove Apartment LLC2BR/2.0BA2BR,2BA$1,650
The Vicara Apartments & Townhomes1x1 (799 sqft)1BR,1BA$1,695

Best Value Apartments for Rent in Yelm, WA

As of June 08, 2026 the best value apartment in the Yelm area is the $1.60 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,545. The second greatest value Yelm 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 Yelm apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chambers Reserve Townhomes3 Bd / 3 Ba + 1-Car Garage3BR,3BA$1.60
Pacific Place Apartmentstwo bedroom2BR,1BA$1.87
Smyth3x23BR,2BA$2.10
Firwood Grove Apartment LLC2BR/2.0BA2BR,2BA$1.69
Tahoma Terrace Apartments2X22BR,2BA$2.00
The TildenSapling1BR,1BA$1.96
Chambers Crest2x22BR,2BA$2.05
The MadisonAdams1BR,1BA$2.06
Abbey Rowe ApartmentsSoho1BR,1BA$2.08
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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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 $1,295 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 $1,650 at Firwood Grove Apartment LLC.

What is the most affordable Yelm Three Bedroom Apartment?

The best deal on a cheap Yelm 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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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.