Cheap Apartments for Rent in Yelm, WA from $1,200 (33 Rentals)

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Yelm Creek Apartments
1 to 2 Bedroom Apartments

Yelm Creek Apartments

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

314 Washington Ave

314 Washington Ave SWYelm, WA 98597
  • Utilities Included

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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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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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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Emerald Greens
1 to 2 Bedroom Apartments

Emerald Greens

7917 Martin Way ELacey, WA 98503
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Tanglewood Apartments
Studio to 2 Bedroom Apartments

Tanglewood Apartments

7817-7831 Samurai Dr SEOlympia, WA 98503
  • Utilities Included

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.

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College Park
1 to 2 Bedroom Apartments

College Park

3307 College St SELacey, WA 98503
Showing Results 1-33, Page 1 of 1

Yelm, WA Local Guide

Cheapest Neighborhoods for Apartments in Yelm, WA

Pricing Updated: 01/21/2026

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$2,100$1,60012

Cheapest Available Yelm Apartments for Rent

 

The cheapest available apartment rental in Yelm, WA is a Studio unit found at Lacey Park Apartments in the Avonlea neighborhood priced from $1,400. The Timbers Apartments in the Avonlea neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here is today’s list of the most affordable Yelm apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lacey Park ApartmentsEasily AffordableStudio,1BA$1,400
The Timbers Apartments2 Bedroom2BR,1BA$1,425
Lakeview ApartmentsStudio - BRAND NEWStudio,1BA$1,499
MeadowscapeStudio - A1Studio,1BA$1,499
Britton PlacePLAN A - STUDIOStudio,1BA$1,555
Toscana Apartment HomesUrban StudioStudio,1BA$1,595
Wilderness West ApartmentsSm 2B 1B2BR,1BA$1,599
Ridgeline Apartments1 Bedroom1BR,1BA$1,600
The LodgeSword FernStudio,1BA$1,600
The Marq on Martin ApartmentsA11BR,1BA$1,610

Best Value Apartments for Rent in Yelm, WA

As of January 21, 2026 the best value apartment in the Yelm area is the $1.70 price per square foot Tate Model at Abbey Rowe Apartments in the in the Hawks Prairie neighborhood starting from $1,914. The second greatest value Yelm apartment is the 2 Bed 2 Baths Model at The Dakota starting at $1,872 with a $1.70 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.
Abbey Rowe ApartmentsTate2BR,2BA$1.70
The Dakota2 Bed 2 Baths2BR,2BA$1.70
Crescent Point2x22BR,2BA$1.73
Nisqually Landing ApartmentsC2 (2x2)2BR,2BA$1.93
Tustin Apartment Homes2 Bed 1 Bath2BR,1BA$1.68
Tahoma Terrace II2X2 W/NOOK2BR,2BA$2.10
Sunset Gardens2x12BR,1BA$1.88
College Park2X1 Bottom Floor Renovated2BR,1BA$2.02
The MadisonJefferson1BR,1BA$2.10
The Timbers Apartments2 Bedroom2BR,1BA$1.90

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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The 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.

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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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Quick 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.

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Best Local Schools in
Yelm, WA

School data provided by Great Schools

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

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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 $1,500 at Lacey Park 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 $1,425 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 Tustin Apartment Homes and starts from $1,899.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!